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CC RES 92-036 RESOLUTION APPROVING THE TRANSFER OF OWNERSHIP OF NORTH CENTRAL CABLE COMMUNICATIONS CORPORATION
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CC RES 92-036 RESOLUTION APPROVING THE TRANSFER OF OWNERSHIP OF NORTH CENTRAL CABLE COMMUNICATIONS CORPORATION
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4/19/2016 3:06:07 PM
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26
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RES 1992
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CC RES 92-036 RESOLUTION APPROVING THE TRANSFER OF OWNERSHIP OF NORTH CENTRAL CABLE COMMUNICATIONS CORPORATION
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• Shoreview headend should no longer be utilized by <br /> North Central, this switcher shall at the expense <br /> of North Central be moved to and utilized for the <br /> same purpose at the Commission' s master control <br /> operated by the access corporation. The access <br /> corporation agrees to assume responsibility for <br /> switching on the institutional network. <br /> j . North Central shall have agreed to contribute to <br /> the Commission a new Di-tech Pace 3000 controller <br /> including two additional controllers for sites <br /> currently identified as sites two and three. <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 and <br /> final Transfer of Ownership, including an agreement <br /> to reimburse Cities and Commission for any expenses <br /> associated with subsequent ordinance amendments <br /> required by the Transfer of Ownership but not <br /> incurred until after closing. <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. , 1. , 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 /> 5 <br />
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