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HomeMy WebLinkAbout1999-0871'li • 8r99tm.cWevsk RESOLUTION NO. 99- 87 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, CONSENTING TO A TRANSFER OF CONTROL OF THE ULTIMATE PARENT COMPANY OF FALCON CABLE MEDIA. WHEREAS, Falcon Cable Media ('Franchisee") holds a valid franchise (the "'Franchise") to operate aaa cable tellevision system (Me "'Cable Syste(W) in Indian River County, Florida ("FranchiOV AtulhoiflY") and WHEREAS, Charter Communicabonrs, Inc.. and certain aft Wes of the Franca1aisee (inxluding the Franchisee's duliimate patent wmpany, Falcon Communications. L.P., hereinafter ''IFCLP") have entewd into a Putt hale and Conttii'bution Agreement (the "Agteemnent") dated May 26„ 1999. pursuant to which CCI."s affiliate Chatter Cable, LLC ('Chatter") Will acquire conttol of FCLP (the "'Transaction"),; and WHEREAS, The Franchisee and Charter have requested consent by the Franchising Authority to the Transatatiiom ,and WHEREAS, the Franchise Authority has condluded that Charter has the requi6 to lega'i., Technical, and firnandial qualifications; to oven and operate the Cable System; NOW. THEREFORE, BE IT RESOLVE0 BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN DIVER COUNTY. that in consideration of the foregoing; e.. The Fratndhising Authority consents to the Transaction, effetaliue immediately upon the dosing of the transactions contemplated by the Agreement, 2, The Franchising Authority confirms, that the Franchise meld by the Franchisee is valid and Is to full forme .and eifecl„ and that the Franchises is materially in compliance with Ilse Franchise. 3. This resolution shall bmat no efoeliva ore tho rials of its passage. The resolution was moved for adoption by Commissioner Adams , and the motion was seconded by Commissioner Ginn and, upon being put to a vote, the vote was as follows: Chairman Kenneth R. Macht Aye Vice Chairman Fran B. Adams Aye Commissioner John W. Tippin Aye Commissioner Ruth M. Stanbridge Commissioner Caroline D. Ginn Ay ye The Chairman hereupon declared the resolution duty passed and adopted this 24th day of August, 1999. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA Attest: J. K. Barton, Clark BY i neth R. klacaht 091sultv Cl . Chairman A .0m nt 9 d ft"ment (SY26/.99) y r t I� file v,fth Cie* to the Board do�ufl�i'•Nr i.1 ��i9^'�ifll ��;7 U9 r;R17.f Q f4 Lt ;,ai _ J fa.y* V J