HomeMy WebLinkAboutR-87-74RESOLUTION NO. R-87-74
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, FLORIDA, CONSENTING TO THE ASSIGNMENT AND
TRANSFER OF A CABLE TELEVISION FRANCHISE FROM CABLE TV
FUND VIII-A, JONES INTERCABLE, INC., TO FALCON CABLE
MEDIA, L.P., A CALIFORNIA LIMITED PARTNERSHIP.
BE IT RESOLVED, by the City Council of the City of
Sebastian, Florida, that the assignment and transfer of Ordinance
no. 218-E dated September 23, 1981, as amended on May 30, 1986,
(the "Ordinance") from Cable TV Fund VIII-A, Jones Intercable,
Inc., (the "Fund") to Falcon Cable Media, L.P., a California
limited partnership ("Falcon") is approved and confirmed by the
City Council of the City of Sebastian. Assignee shall not assign
and transfer the franchise of any part thereOf without further
approval of the City Council of the City of Sebastian, Florida.
By accepting this Resolution the assignee agrees that it
shall abide by the following line extension policy for the
duration of the franchise;
~ Line x~ RD_~ Service lines shall be
extended in new areas upon customer request if the known or
projected revenues from the added customer basic service rates
should recover the line extension cost in 38 months or less from
the time of the extension and the line extension can provide
service in compliance with the minimum service standards of the
Federal Communications Commission.
This Resolution shall be effective upon execution by the
assignee and receipt by the City of copies of fully effective
payment and performance bond pursuant to Section 5(c) of the
Ordinance and upon receipt by the City of the insurance policy
stated in Section 5(a) of the Ordinance.
By accepting this Resolution the assignee agrees to
faithfully and completely abide by all terms and conditions of
the Ordinance.
This Resolution must be accepted within 60 days of the date
this Resolution is passed by the City Council.
' ATT~ ST:
PASSED AND APPROVED, bv the City Council of the City of
Sebastian, Florida, this~day of ~d~_ , 1987.
· by:
L.~ G~n~a'rris, Mayor
Kath r/n--~. 0 ' Ha~io~Tan
City 'Clerk
FALCON CABLE MEDIA, a California limited
partnership
By:
FALCON MEDIA INVESTORS GROUP, a California
limited partnership, its General Partner
By:
By:
FALCON HOLDING GROUP, INC., a
California corporation, its General
Partner.~
Frans J~. ~ntiso, Chief Operating Officer
Apprg_ve~ as to Form and Content:
C~ty Attorney