Loading...
HomeMy WebLinkAbout5343 - ADMIN Resolution - City Council - 1975/08/18• • RESOLUTION NO. 5343 A RESOLUTION APPROVING A CHANGE IN OWNERSHIP OF THE CATV FRANCHISE GRANTED ON AUGUST 23, 1973, WITH CONDITIONS: AUTHORIZING THE EXECU- TION OF A RELEASE OF WARNER CABLE CORPORATION AND OF WARNER CABLE COMPANY OF ST. LOUIS PARK. BE IT RESOLVED BY the City Council of the City of St. Louis Park, as follows: 1. The city approves the proposed transfer by Warner Cable Corporation to Jerrold Polinsky of its interest in Warner Cable Company of St. Louis Park, the franchisee of a broadband telecommunications network franchise granted by the city on August 23, 1973, by Ordinance No. 1236. 2. The Mayor and the City Manager are authorized to execute on behalf of the city a release of Warner Cable Corporation and Warner Cable Company of St. Louis Park from all liability of any kind. 3. The approval of the transfer to Polinsky and the execution of this release by the city is based upon the representation that the franchisee will pro- ceed diligently with the exercise of the franchise, and that by February 1, 1976, the following will be accomplished: (a) Preparation of strand maps designating the cable route; (b) Completion of system design, including headend, trunking and distribution; (c) Preparation of installation and equipment specifications; (d) Preparation of engineering and conduct of negotiations with the telephone and electric utility companies for required pole line make-ready rearrangements; and (e) Completion of the required forms and filing with the FCC of an application for certificate of compliance to serve St. Louis Park. Acceptance by Polinsky and Warner Cable Company of St. Louis Park of the transfer and release respectively shall constitute an acknowledgement that failure to have fully performed all of the matters listed in this paragraph by February 1, 1976, is a material breach of the franchise and it shall he grounds for the revo- cation of the franchise at the option of the city and such revocation shall render all documentations, work papers, studies, and all other related work products the property of the city. • • 4. The city will proceed to consider the changes in the franchise ordinance that have been requested by Polinsky and the franchisee, and will act on this request as promptly as possible. Adopted by the City Council on August 18, 1975. Mayor Attest: City Clerk Reviewed for administration: Approved as to form and legality: City Manager City Attorney -2-