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HomeMy WebLinkAboutRES 99-76RESOLUTION NO. 99-76 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR AUTHORIZING AND CONSENTING THE TRANSFER OF CONTROL OF A CABLE TELEVISION FRANCHISE BY CENTURY COMMUNICATIONS CORPORATION TO ADELPHIA COMMUNICATIONS CORPORATION RECITALS: A. Citizens Century Cable Television Venture, a joint venture organized under the laws of the State of New York ("Franchisee"), is the duly authorized holder of a franchise ("Franchise") that authorizes the construction, operation, and maintenance of a cable television system within the City of Diamond Bar ("Franchise Authority"). B. On May 18, 1999, the Franchise Authority adopted Resolution No. 99-36, which authorized the assignment and transfer of the Franchise by Franchisee to Century -TCI California, L.P., a Delaware limited partnership. Century -TCI California, L.P. will be managed by Century Communications Corporation ("Century") and will be owned approximately 75% by Century and 25% by affiliates of Tele-Communications, Inc. As of the date of adoption of this resolution, that previously authorized assignment and transfer has not occurred. C. On April 26, 1999, the Franchise Authority received from Century, as the proposed transferor, and from Adelphia Communications Corporation ("Adelphia"), as the proposed transferee, an application for a transfer of control of the Franchise that may become effective either before or after the assignment and transfer of the Franchise to Century -TCI California, L.P. This application included FCC Form 394 entitled "Application for Franchise Authority Consent to Assignment or Transfer of Control of Cable Television Franchise." Supplemental information relating to the proposed merger of Century with and into Adelphia was provided to the Franchise Authority. D. In accordance with Section 13.12.540 of Chapter 13.12 of the Diamond Bar Municipal Code, the Franchise Authority has the right to review and to approve the financial, technical, and legal qualifications of the proposed transferee in connection with the proposed change of control of the Franchise that may occur either before or after its assignment and transfer to Century -TCI California, L.P. E. The staff of the Franchise Authority has reviewed the documentation that accompanied FCC Form 394 and, based upon the representations set forth in that documentation, has concluded that the proposed transferee has the requisite financial, technical, and legal qualifications to adequately perform, or to ensure the performance of, all obligations required of the Franchisee or of Century -TCI California, L.P. following its assumption of the Franchise. 99-76 NOW, THEREFORE, THE CITY COUNCIL, OF THE CITY OF DIAMOND BAR DOES RESOLVE AS FOLLOWS: Section 1. In accordance with Section 13.12.540 of Chapter 13.12 of the Diamond Bar Municipal Code, the Franchise Authority consents to and approves the proposed transfer of control of the Franchise by Century to Adelphia, whether that transfer of control occurs before or after the assignment of the Franchise to Century -TCI California, L.P. Section 2. The authorization, consent and approval of the Franchise Authority to the proposed change of control is conditioned upon compliance by the transferor or the transferee with the following requirements, as to which they are jointly and severally responsible: A. An original or conformed copy of the written instrument evidencing the closing and consummation of the merger resulting in the proposed change of control of the Franchise must be filed in the office of the City Clerk within 30 days after closing and consummation. B. The Franchise Authority will be reimbursed for all costs and expenses reasonably incurred by the Franchise Authority in processing and evaluating the information relating to the proposed change of control of the Franchise; provided, however, that those costs and expenses will not exceed the sum of $5000 and will be set forth in an itemized statement transmitted by the City Manager, or the City Manager's designee, to the transferor and the transferee within 60 days after the effective date of this Resolution. Section 3. Nothing contained in this resolution may be construed to extend the term of the Franchise, which will terminate in its entirety on March 13, 2007. Section 4. The City Clerk is directed to transmit a certified copy of this resolution to the following persons: Clifford A. Bail, Esq. Century Communications Corporation 50 Locust Avenue New Canaan, Connecticut 06840 Randolph D. Fisher, Esq. Vice President and General Counsel Adelphia Communications Corporation Main at Water Street Coudersport, Pennsylvania 16915 Section 5. The City Clerk is directed to certify to the passage and adoption of this resolution. PASSED, APPROVED, AND ADOPTED this 21 s t day of September 1999. MAYOR I, LYNDA BURGESS, City Clerk of the City of Dimond Bar, do hereby certifyat the foregoing Resolution was passed, approved and adopted at a regular meeting of the City Council of the City of Dimond Bar held on the 21 s tday of Septembe,r1999, by the following vote: AYES: COUNCIL MEMBERS: Ansari, Herrera, Huff, MPT/O'Connor, M/Chang NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None ATTES� *LDA BURGESS,�ity Clerk of the City of Diamond Bar