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HomeMy WebLinkAboutResolution No. 71870 to RESOLUTION NUMBER 7187 A RESOLUTION OF.THE AZUSA CITY COUNCIL CONSENTING TO THE SALE OF CABLE SERVICE OF AZUSA TO JONES INTERCABLE INC., GENERAL PARTNER AND NOMINEE FOR CABLE TV FUND TEN, A LIMITED PARTNERSHIP. WHEREAS, the City Council of the City of Azusa adopted Ordinance No. 1092 on December 2, 1974, awarding a CATV franchise to Cable Service of Azusa, Inc. to construct and operate a CATV system in the City, pursuant to the provisions of Title 14 of the Azusa Municipal Code; WHEREAS, on September 19, 1977, pursuant to Resolution 6575, the City Council of the City of Azusa approved a change in the form of ownership of Cable Service of Azusa, Inc., to Cable Service of Azusa, a sole proprietorship owned by Julius Cohen; WHEREAS, there is a proposed sale pending of Cable Service of Azusa, Inc. and its franchise from the City of Azusa by Julius Cohen to Jones Intercable Inc., general partner. -and nominee for Cable TV Fund Ten, a limited partnership; WHEREAS, the financial responsibility of Jones Intercable Inc. and Cable TV Fund Ten has been shown as required pursuant to Azusa Municipal Code Section 14.06.040; WHEREAS, the proposed transferee, Jones Intercable Inc., general partner and nominee for Cable TV Fund Ten, a limited partnership, has agreed to comply with all provisions of Title 14 of the Azusa Municipal Code and Azusa Ordinance Number 1090.as required by Azusa Municipal Code Section 14.06.040; and WHEREAS, the general welfare of the citizens of Azusa will not be adversely affected by the proposed sale. THE CITY COUNCIL OF.THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: 1. Consent is hereby given to the sale of Cable Service of Azusa to Jones Intercable Inc., general -,partner and nominee for, Cable TV Fund Ten, a limited partnership, pursuant to Section 14.06.040 of the Azusa Municipal Code, provided that an executed copy of the written instrument of sale is filed in the office of the City Clerk within sixty (60) days after completion of the sale, and that evidence of the amendment of all bonds and insurance required by Title 14 of the Azusa Municipal Code to reflect the new owners be filed with the City Clerk prior to completion of the sale. 2. The City Clerk shall certify the adoption of this resolution. ADOPTED AND APPROVED THIS 4th DAY OF OCTOBER, 1982. I hereby certify that the adopted by the City Council of thereof held on the 4th day of foregoing Resolution was duly Azusa at a regular meeting October, 1982, by the following E vote of the Council: AYES: Council members: NOES: Council members ABSENT: Council members: 0 Decker, Hart, Latta, Moses None None r Ad ph Sol' City Clerk