Laserfiche WebLink
CITY OR GEM LAKE <br />RESOLUTION NO.2002-10 <br />15 JULY 2002 <br />A RESOLUTION CONSENTING TO THE APPLICATION OF AT&T CORP. <br />FOR APPROVAL OF THE TRANSFER. OF CONTROL OF THE CABLE <br />FRANCHISE OF AT&T BROADBAND ANI) INTERNAL RESTRUCTURING. <br />W.HEI->;AS, MediaOne of Ramsey Washington, Inc., dba .AT&T. Broadband,. is the cable franchise holder <br />-("Franchisee') in the. City of Gem .Lake. ("Franchise Authority) " and is an indirect subsidiary of AT&T Corp. <br />WHEREAS, pursuant to an Agreement. and. Plan. of,Merger. dated as .of December I9, 206C by and among jkT&T, <br />AT&T Broadband Corp., :Comcast Corporation (`Comcast }, AT&T Broadband .Acquisition Corp., Comcast <br />Acquisition Corp. and AT&T Comcast Corporation and a Separation and Distribution Agreement dated December <br />19, 2001 by and between AT&T and AT&T Broadband 'Corp:.(collectively,. the "Merger Agreement") AT&T. and <br />Comcast intend to create.a new.contpany.to be known as AT&T Comcast Corporation ("AT&T-Comaast'); <br />WHEREAS, prior to the above±described merger, pursuant to an internal corporate restructuring, the cable franchise <br />or stock of die Franchisee;.. or 'indirect ownership -of the Franchisee, may be transferred through one -or more internal <br />transfers or mergers to another direct or indirect subsidiary of AT&T, or Franchisee may elect as permitted by law to <br />conv..ert.oir morganize its legal form to a limited liability company (together. with the Merger, the "Transactions"); <br />And <br />WHEREAS, following -the Transaetioris,:tlie resulting entity will be controlled by AT&T Comcast but Franchisee <br />a=ill continue to operate the System .abd continue to hold and -be responsible for performance of the cable franchise; <br />And <br />WHEREAS; Franchisee and AT&T Comcast have requested that Franchise Authorityconsent to the Transactions in <br />aecardence with.the requirements of the cable franchise and have filed an FCC. Form.394 ("Application") with the <br />Franchise: Authority requesting such consent to the Transactions; and <br />WHEREAS; the Franchise Authority has reviewed the Transfer Application., euaniined* the legal; financial and <br />technical qualifications of AT&T Comcast, followed a11. re nuired.procedures in order to. consider* hnd act upon the <br />AppIication,.and considered tile comments of all interested parties; and <br />WHEREAS, the Franchise. Authority is willing to consent to,the.Transactions. <br />NOW, THEREFORE, BE IT RESOLVED AS'FOI.LOWS: <br />SECTION 1. The Franchise. Authority hereby consents to. tho Transactions in accordance with the terms of the <br />cable franchise and applicable law and.suOjw w the .following conditions: <br />SECTION 1.1 Neither:.the Franchise, nor any control thereof,. not the System, nor any part of the. System <br />locate(.in the City's public.rights-of-way or on the City's proporty, shall be assigned ortransferred, in whole or <br />in part, without fling:a written.application with the City and'obtaining the City's. prior written approval of suq <br />transfer or assignment, but only to the extent required by applicable law.. <br />SECTION 1.2 The City's approval. of the Transfer Application is made without prejbdice to.or waiver of, the <br />City's right to fully investigate -and consider during anv future franchise renewal. process; a) Franchisee's <br />financial, technical and legal*qualifications; b) Franchisee's compliance with tile Franchise -Documents; and, c) <br />Ov other lawful relevant considerations. <br />SECTION. I.3 After the Proposed Transactioti,.Franchisee wilI be bound'by all the cornrnin7ients,.duties and <br />obligations, present and continuing, embodied in the Franchise Documents and applicable law. The 'Proposed <br />. _ Transaction will have no etl' ct on these obligations: <br />SECTION 1.4 Nothing in this Resolution amends or alters the -Franchise Documents or any requiretments. <br />therein in any way; and all provisions of the: Franchise Documents remain in full force and effect and are <br />enforceable in accordance with their lenns and with applicable law.. <br />Page 1 of 2 <br />