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<br />. <br /> <br />. <br /> <br />. <br /> <br />2, <br /> <br />Securing all necessary federal, state, and local government waivers, <br />authorizations, or approvals relating to US WEST's acquisition and operation of <br />the system to the extent provided by law; and <br /> <br />3, Reimbursement of all reasonable fees incurred in the Authority's review of the <br />proposed transactions; and <br /> <br />4. The successful closing of the Transaction described in the Continental/US WEST <br />Agreement. <br /> <br />BE IT RESOLVED FURTHER, that nothing herein shall be construed or interpreted to <br />constitute any approval or disapproval of or consent or non-consent to US WEST's Petition for <br />Special Relief currently pending before the FCC, or any other federal, state, or local government <br />waivers, authorizations or approvals, other than that transaction delineated above. <br /> <br />BE IT RESOLVED FURTHER that US WEST may, at any time and from time to time, assign <br />or grant or otherwise convey one or more liens or security interests in its assets, including its <br />rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender providing <br />financing to US WEST ("Secured Party"), from time to time, Secured Party shall have no duty <br />to preserve the confidentiality of the information provided in the Franchise with respect to any <br />disclosure (a) to Secured Party's regulators, auditors or attorneys, (b) made pursuant to the order <br />of any governmental authority, (c) consented to by the Authority of (d) any of such information <br />which was, prior to the date of such disclosure, disclosed by the Authority to any third party and <br />such party is not subject to any confidentiality or similar disclosure restriction with respect to <br />such information subject, however, to each ofthe terms and conditions of the Franchise. <br /> <br /> <br />PASSED AND ADOPTED BY THE CITY COUN <br />THIS 9TH DAY OF SEPTEMBER, 1996. <br /> <br />ATTEST: <br /> <br /> <br />The undersigned, being the duly appointed, qualified and acting City Administrator/Clerk of the City of Arden <br />Hills, Minnesota hereby certifies that the foregoing Resolution #96-53 is a true, correct and accurate copy of <br />Resolution #96-53 duly and lawfully passed and adopted by the City of Arden Hills on the 9th day of September, <br />1996, <br /> <br />