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05/12/1986 Council Minutes
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05/12/1986 Council Minutes
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City Council
Council Document Type
Council Minutes
Meeting Date
05/12/1986
Council Meeting Type
Regular
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070 <br />COUNCIL MEETING <br />May 12, 1986 <br />Page Five <br />3. That the North Central Cable Communications Commission II <br />continue to review the request of Group W Cable, Inc. regarding <br />a change in control and transfer of the Cable Communications <br />Franchise Ordinance as amended to North Central Cable Communica- <br />tions, L.P. and in the future prepare a separate recommendation <br />for City regarding such change in control and transfer. <br />4. That this approval by City shall be null, void and of no <br />effect should any entity or individual successfully litigate <br />that the approval is also an approval, either express or <br />implied, as to any subsequent transfer of ownership or control <br />or transfer of the Cable Communications Franchise Ordinance <br />to North Central Cable Communications, L.P., or to any other <br />entity or individual. <br />5. That this approval is specifically conditioned upon payment <br />in full prior to an actual closing <br />of the <br />stock sale transaction <br />in June, 1986 of all expenses incurred by Commission and <br />City related to the Request for Approval of Transfer dated <br />February 4, 1986, including those related expenses incurred <br />prior to February 4, 1986, but incurred in preparation for <br />the receipt of the <br />6. That this approval <br />understanding that <br />Request for <br />Approval. <br />is specifically conditioned upon the <br />any changes or modifications in the cable <br />communications Franchise ordinance or cable communications <br />system (in place or proposed) which are subject to regulation <br />or control by City and /or Commission shall not be made without <br />the prior review and approval of City and /or Commission <br />
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