HomeMy WebLinkAbout1985 10_TCI Growth of OK is Grantee of cable television_1985.02.19RESOLUTION #85 ®10
RESOLUTION TO CONSENT TO
ASSIGNMENT AND ASSUMPTION
WHEREAS, TCI Growth of Oklahoma, Inc. ( "GCIG OK ") is the
Grantee of a cable television franchise serving the community
of Owasso, Oklahoma, and
WHEREAS, TCI Growth, Inca the parent of TCIG OK has
agreed to sell the stock of TCIG OK to United Cable Television
Corpration, and
WHEREAS, the Franchise requires approval of the transfer
of control by the City of Owasso,
NOW, THEREFORE, BE IT RESOLVED, that to the extent that
approval is required under the franchise for the proposed
transfer to United, such transfer is hereby approved; Rrovided
however, that such approval shall become effective only upon
the closino- date of such transfer,
BE IT FURTHER RESOLVED, that approval of Resolution #85 -10
is subject to the filing of a properly executed assignment with
the Owasso City Clerk, together with a fully executed acceptance
of franchisee duties under the franchise, all as called for in
Section 16 of the Cable Television Franchise®
PASSED AND APPROVED this 19th day of February, 1985, by
the City Council of the City of Owasso, Oklahoma®
Boyd Ma Sped er, Mayor
;i Hendr, cksori, Ca ty Cler
ive L h :
naid D. Cates, City Attorney