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RES 14-070 Conditionally Granting Consent Comcast
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RES 14-070 Conditionally Granting Consent Comcast
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2/20/2015 4:17:56 PM
Creation date
10/29/2014 2:25:04 PM
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City Council
Meeting Date
10/28/2014
Meeting Type
Regular
Document Type
Council Resolutions
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Commission on June 18, 2014, together with certain attached materials, which documents more <br />fully describe the Proposed Transaction and which documents, with their attachments, contain <br />certain promises, conditions, representations and warranties (the "Transfer Application"); and <br />WHEREAS, under the Proposed Transaction, the Franchise and Cable System will stay <br />with Franchisee, and its ultimate parent company will be GreatLand; and <br />WHEREAS, under the Proposed Transaction, the ultimate ownership and control of the <br />Franchisee and the System will change, and it requires the prior written approval of the City; and <br />WHEREAS, Comcast, through its subsidiaries, provided written responses to some of <br />the data requests issued by the Commission, including directing the representatives of the <br />Commission to publicly filed and available information, and information posted to Comcast <br />Corporation and other websites (the "Data Request Responses"); and <br />WHEREAS, the Commission reviewed the Transfer Application and considered all <br />applicable and relevant factors and has recommended conditional approval by all of the Member <br />Cities; and <br />WHEREAS, in reliance upon the representations made by and on behalf of Comcast of <br />Minnesota, Inc., Comcast, and GreatLand, to the Commission, the City is willing to grant <br />consent to the Proposed Transaction, so long as those representations are complete and accurate; <br />and <br />WHEREAS, the City's approval of the Proposed Transaction is therefore appropriate if <br />the Franchisee will continue to be responsible for all acts and omissions, known and unknown, <br />under the Franchise Documents and applicable law for all purposes, including (but not limited <br />to) franchise renewal. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF SAINT ANTHONY <br />VILLAGE AS FOLLOWS: <br />Section 1. The City's consent to and approval of the Transfer Application is hereby <br />GRANTED in accordance with the Franchise Ordinances, subject to the following conditions: <br />1.1 Neither the Franchise, nor any control thereof, nor the System, nor any part of the System <br />located in the City's public rights-of-way or on City's property, shall be assigned or <br />transferred, in whole or in part, without filing a written application with the City and/or <br />the Commission and obtaining the City's prior written approval of such transfer or <br />assignment, but only to the extent required by applicable law. <br />1.2 The City's approval of the Transfer Application is made without prejudice to, or waiver <br />of, its and/or the Commission's right to fully investigate and consider during any future <br />franchise renewal process: (i) Franchisee's financial, technical, and legal qualifications; <br />(ii) Franchisee's compliance with the Franchise Documents, except as set forth in the <br />Franchise Extension Agreement; and (iii) any other lawful, relevant considerations. <br />2 <br />
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