2015-001 Council Resolution - Laserfiche WebLink

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• • • to the Proposed Transaction. 1.12 GreatLand assures that it will cause to be made available adequate financial resources to allow Franchisee to meet its obligations under the Franchise Documents. including without limitation operational and customer service requirements. 1.13 The City is not waiving anv rights it may have to require franchise fee payments on present and future services delivered by GreatLand or its subsidiaries and affiliates via the cable system; 1.14 The City is not waiving any right it may have related to anv net neutrality, open access. and information services issues; 1.15 Receipt of any and all state and federal approvals and authorizations; 1.16 Actual closing of the Proposed Transaction consistent with the transfer application: and Section 2. If any of the conditions or requirements specified in this Resolution are not satisfied. then the City's consent to. and approval of. the Transfer Application and Proposed Transaction is hereby DENIED and void as of the date hereof. Section 3. If any of the written representations made to the NMTC in the Transfer Application proceeding by (i) Comcast of Minnesota. Inc.. (ii) Comcast or (iii) GreatLand. (i)) any subsidiary or representative of the foregoing prove to be materially incomplete. untrue or inaccurate in any material respect. it shall be deemed a material breach of the Franchise Documents and applicable law. and subject to the remedies contained in the Franchise Documents and applicable law. Section 4. This Resolution shall not be construed to grant or imply the City's consent to any other transfer or assignment of the Franchises or any other transaction that may require the City's consent under the Franchise Ordinances or applicable law. The City reserves all its rights with regard to an such transactions. Section 5. This Resolution is a final decision on the Transfer Application within the meaning of 47 U.S.C. § 537. Section 6. The transfer of control of the Franchise from Comcast to GreatLand shall not take effect until the consummation of the Proposed Transaction. Section 7. This Resolution shall be effective immediately upon its adoption by the City.