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ORDINANCE NO. 22-86 <br /> <br /> BY: Brown, Chinnock, Gallagher, <br />Graham, McBride, Salmon, Wendling <br /> <br /> AN EMERGENCY ORDINANCE approving the assignment <br />franchise from Complexicable, Inc., an Ohio Corporation, <br />Cable Corporation, an Ohio Corporation. <br /> <br />of the cable <br />to Shamrock <br /> <br /> WHEREAS, with the adoption of Ordinance 55-82 on September <br />20, 1982, this Council granted to Complexicable, Inc.,' an Ohio <br />Corporation, an non-exclusive cable television franchise for a period <br />of 15 years to serve seven high-rise, apartment complexes, and <br /> <br /> WHEREAS~ Section 19 of said Ordinance 55-82 provides that <br />said franchisee shall not sell, lease, assign or otherwise alienate <br />said franchise or any privilege thereunder without the prior approval <br />of Council, and <br /> <br /> WHEREAS, Complexicable, Inc. has advised the City that, <br />subject to such approval of Council, it proposes to sell all of its <br />assets including the assignment of the franchise to the Shamrock Cable <br />Corporation, 2229 Smith Court, Rocky River, Ohio, and <br /> <br /> WHEREAS, the application of Complexicable, Inc. to assign to <br />Shamrock Cable Corporation its rights and interests in the City of <br />Lakewood cable franchise has been considered, and <br /> <br /> WHEREAS, this Council determines that it is in the best <br />interest of the City and particularly those residents of the apartment <br />complexes serviced by Complexicable, Inc. to approve said assignment <br />to Shamrock Cable Corporation, and <br /> <br /> WHEREAS, this ordinance constitutes an emergency measure <br />providing for the immediate presevation of the public welfare for the <br />further reason that Council wishes to facilitate the completion of the <br />above mentioned transaction without undue delay; now, therefore, <br /> <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE <br />OF OHIO: <br /> <br /> Section 1. That, pursuant to Section 19 of Ordinance 55-82 <br />adopted by this Council on September 20, 1982, this Council hereby <br />grants its approval of the voluntary sale of Complexicable, Inc. to <br />Shamrock Cable Corporation and the consequent assignment of the cable <br />franchise granted by said ordinance from the Seller to the Purchaser <br />thereof. <br /> <br /> Section 2. Council directs that the assignment of said <br />franchise by Complexicable, Inc. and the acceptance thereof by <br />Shamrock Cable Corporation agreeing to abide and perform according to <br />the terms and provisions of Ordinance 55-82, be noted upon the <br />original ordinance on file with the Clerk of Council and shall be in <br />such form as approved by the Director of Law. <br /> <br /> Section 3. It is found and determined that all formal <br />actions of this Council concerning and relating to the passage of this <br />ordinance were adopted in an open meeting of this Council, and that <br />all such deliberations of this Council and of any of its committees <br />that resulted in such formal action, were in meetings open to the <br />public, in compliance with all legal requirements including Section <br />121.22 of the Ohio Revised Code. <br /> <br /> Section 4. That this ordinance is hereby declared to be an <br />emergency measure for the reasons stated in the preamble hereof and <br /> <br /> <br />