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7/24/1985
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7/24/1985
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ON MOTION by Commissioner Bird, SECONDED by Com- <br />missioner Wodtke, the Board unanimously (4-0) <br />approved Consent to Assignment of the license <br />of Shargo, Inc., to Palm Coast Communications, <br />Inc. and authorized the signature of the Vice <br />Chairman. <br />CONSENT TO ASSIGNMENT <br />WHEREAS, INDIAN RIVER COUNTY, a political subdivision of the <br />State of Florida, as Grantor, and SHARGO, INC., a Florida corpora- <br />tion, as Licensee, entered into a certain agreement dated September <br />15, 1982, for a non-exclusive license to use certain real property <br />in Indian River County, Florida, for a term of twenty (20) years <br />commencing on the date set forth therein, a true and correct copy <br />of said agreement being attached hereto for reference, and <br />WHEREAS, Shargo, Inc, has entered into a contract for the <br />sale of Radio Station WAXE to Palm Coast Communications, Inc., a <br />Florida corporation, and among the assets being transferred and <br />assigned to said purchaser as a part of said sale is the above <br />described license agreement which agreement upon closing will be <br />assumed by said purchaser as licensee, and <br />WHEREAS, under the terms of said license agreement the <br />consent of the undersigned Grantor is required as a condition to <br />the assignment of same and the Grantor wishes to evidence its <br />consent to such assignment, and <br />WHEREAS, the closing of the sale of Radio Station WAXE is <br />contingent upon Federal Communications Commission consent and <br />approval. <br />NOW, THEREFORE, the undersigned, being the Grantor described <br />above, hereby consents to the assignment of said license agreement <br />to Palm Coast Communications,'Inc., a Florida corporation, it <br />being understood that the assignment of said license agreement will <br />not be consummated until the closing of the sale of Radio Station <br />WAXE by Shargo, Inc. as seller and Palm Coast Communications, Inc. <br />as buyer. <br />This consent dated this 24th day of July 1985. <br />INDIAN RIVER COUNTY <br />Alitntys <br />By Don C.Scurlock, ,r., ice Chairman <br />wip6ss . <br />Attest: _ , ) - <br />j-4 <br />Approved as to form Fe a rright, Cert <br />and legal sufficiency: <br />Charles P. Vitunac, <br />7 <br />BOOKL FOu <br />�� 4 1985 J <br />
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