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Resolution 5017
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Resolution 5017
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6/25/2019 10:15:10 AM
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1/31/2007 1:53:44 PM
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MV City Council
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<br />. <br /> <br />. <br /> <br />. <br /> <br />2. Securing all necessary federal, state, and local government waiver, authorizations, or <br />approvals relating to US WEST's acquisition and operation of the system to the extent <br />provided by law; and <br /> <br />3. Reimbursement of all reasonable fees incurred in the Authority's review of the <br />proposed transactions; and <br /> <br />4. The successful closing of the Transaction described in the Continental/US WEST <br />Agreement. <br /> <br />BE IT RESOLVED FURTHER, that nothing herein shall be construed or interpreted to <br />constitute arty approval or disapproval of or consent or non-consent to US WEST's Petition for <br />Special Relief cUlTently pending before the FCC, or any other federal, state or local government <br />waivers, authorizations or approvals, other than that transaction delineated above. <br /> <br />BE IT RESOLVED FURTHER, that US WEST may, at any time and from time to time, <br />assign or grant or otherwise convey one or more liens or security interests in its assets, including its <br />rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender providing <br />financing to US WEST ("Secured Party"), from time to time. Secured Party shall have no duty to <br />preserve the confidentiality of the information provided in the Franchise with respect to any <br />disclosure (a) to Secured Party's regulators, auditors or attorneys, (b) made pursuant to the order of <br />any governmental authority, consented to by the Authority or (d) any of such information which <br />was, prior to the date of such disclosure, disclosed by the Authority to any third party and such party <br />is not subject to any confidentiality or similar disclosure restriction with respect to such information <br />subject, however, to each of the terms and conditions of the Franchise. <br /> <br />ADOPTED by the City of Mounds View this 23 day of September, 1996 <br /> <br />ATTEST: <br /> <br /> <br />(SEAL) <br /> <br />. @{L--)Q;f <br />Clerk Administrator <br /> <br />The undersigned, being the duly appointed, qualified and acting Clerk of the City of Mounds <br />View, Minnesota hereby certify that the foregoing Resolution No. 96-5017 is a true, COlTect and <br />accurate copy of Resolution No. 96-5017 duly and lawfully passed and adopted by the City of <br />Mounds View on the 23 day of September, 1996. <br /> <br />Qff"cQ-"f" <br />Clerk <br />
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