2000-059 Resolution - Laserfiche WebLink

Home Browse Search

Resolution No. 2000-59 Page 2 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF NORTH OLMSTED, CUYAHOGA COUNTY AND STATE OF OHIO: Section 1: The Council hereby approves the Transfer Application and the Transfer to Adelphia or to any wholly-owned affiliate of Adelphia as described in the Transfer Application and Merger Agreement; and the Council acknowledges that no further consent is required for the transfer of the Franchise to any affiliate company under common control with or controlled by Adelphia. Section 2: The Council hereby acknowledges that (i) the Franchise is in full force and effect on the date hereof; and (ii) the current term of the Franchise will expire on October 17, 2011 subject to options in the Franchise, if any, to extend such term. Section 3: The Council's grant of the Transfer Application and its consent to the Transfer to Adelphia herein provided shall be effective immediately, and Adelphia shall notify the Council promptly upon the closing of the transactions described in the Merger Agreement. Section 4: That this Resolution is hereby declared to be an emergency measure immediately necessary for the preservation of the public health, safety and welfare, and for the further reason that, in order to have effect, this Resolution must, pursuant to applicable federal law governing the transfer of cable television franchises, become effective prior to June 4, 2000, and further provided it receives the affirmative vote of two-thirds of all members of Council, it shall take effect and be in force immediately upon its passage and approval by the Mayor. .? l PASSED: a040 ?- _ /j I-??----- $arbara L. Seman Ja A. Saringer Cierk of Council L President of Council APPROVED: erml First Reading: ? Second Reading: Third Reading.? Committee: 16, .)eoo Norman T. Musial Mayor