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CCRes_92-30
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1992
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CCRes_92-30
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7/14/2009 10:56:28 AM
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• <br />k. North Central shall have agreed to remove the hard- <br />wiring which was done to the switching capacity of <br />the system for the purpose of accommodating the <br />then existing needs of the school districts. <br />1. North Central shall have agreed to purchase ten <br />(10) RF demodulators and three (3) frequency agile <br />demodulators for utilization on the institutional <br />network in the North Suburban system. <br />m. North Central shall have agreed to reimburse <br />Commission and its member cities for all expenses <br />incurred in relation to the interim transaction <br />and final Transfer of Ownership, including an <br />agreement to reimburse cities and commission for any <br />expenses associated with subsequent ordinance <br />amendments required by the Transfer of Ownership but <br />not incurred until after closing. <br />• <br />n. North Central shall pay to Commission $650,000.00 <br />pursuant to the Resolution Transferring Community <br />Programming. <br />o. Failure to comply with above conditions "b., f., <br />g., h., i., j., k., l., m., and n.," shall render <br />City's Resolution of Approval null and void. <br />p. Failure to comply with condition "a.," above, or <br />any agreements required by this Resolution shall <br />result in penalties and/or sanctions provided for <br />in the Franchise. <br />Moved by Gehrz <br />BALDWIN <br />CIERNIA 5 In Favor <br />GEHRZ <br />JACOBS 0 Against <br />GIBBON TALBOT <br />Approved by ~~~ ~ _ ,- <br />Mayor <br />August 12, 1992 <br />Date <br />Attested by ~!L ~~~~°-°-+~~ <br />Cit Clerk <br />August 12, 1992 <br /> <br />
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