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7/17/2007 8:37:49 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
9334
Resolution Title
Consenting to the transfer of control of and certain ownership interests in a Cable Television
Resolution Date Passed
9/23/1996
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<br />2. Securing all necessary federal. state. and local government waivers, authorizations, <br />or approvals relating to US WEST's acquisition and operation of the system to the <br />extent provided by law; and <br /> <br />3. Reimbursement of all reasonable fees incurred in the Authority I 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, <br />assign or grant or otherwise convey one or more liens or security interests in its assets, including <br />its rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender <br />providing financing to US WEST ("Secured Party"). from time to time. Secured Party shall have <br />no duty to preserve the confidentiality of the information provided in the Franchise with respect <br />to any disc10sure (a) to Secured Party's regulators. auditors or attorneys, (b) made pursuant to the <br />order of any governmental authority. (c) consented to by the Authority or (d) any of such <br />information which was. prior to the date of such disclosure. disclosed by the Authority to any <br />third party and such party is not subject to any confidentiality or similar disclosure restriction with <br />respect to such information subject, however, to each of the terms and conditions of the Franchise. <br /> <br />ADOPTED by the Ci ty Council <br /> <br />this23rddayof September, 1996. <br /> <br /> <br />Attest: <br /> <br />~~ <br /> <br />The undersigned. being the duly appointed, qualified and acting Clerk of the City of <br />Roseville. Minnesota hereby certify that the foregoing Resolution No. ~ is a true. correct and <br />accurate copy of Resolution No. 93 34 duly and lawfully passed and adopted by the City of <br />Roseville on the 2 3rQ:lay of September, 1996. <br /> <br />CIer~~k <br />
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