HomeMy WebLinkAboutResolution - 90-114 - Approval of Change of Name from Roger Cable Systems to KBL - CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 90-114
RESOLUTION GIVING APPROVAL TO A CHANGE OF NAME OF
GRANTEE FROM ROGERS CABLESYSTEMS OF THE SOUTHWEST,
INC. TO KBL CABLESYSTEMS OF THE SOUTHWEST, INC.
D/B/A PARAGON CABLE
WHEREAS, Rogers Cablesystems of the Southwest, Inc. ("RCTSI") is the
current grantee under the cable communications ordinance ("Franchise") of the
City of Eden Prairie, Minnesota ("City") ; and
WHEREAS, RCTSI desires to change its corporate name to KBL Cablesystems of
the Southwest, Inc. , d/b/a Paragon Cable ("KBLCSI") and has requested the City's
approval of the name change; and
WHEREAS, RCTSI does not intend to make any changes to its ownership struc-
ture or to the control of its operations, but desires only to change its name;
and
WHEREAS, KBL Cable, Inc. ("KBLC") and KBLCOM Incorporated ("KBLCOM") are
the guarantors of RCTSI's obligations under the Franchise pursuant to a Consent
Agreement and Guaranty of Performance given to the City; and
WHEREAS, the Southwest Suburban Cable Commission ("SWSCC") reviewed the
request for approval of RCTSI's name change and found no reason to disapprove of
the request, provided KBLC, KBLCOM, and KBLCSI first acknowledge and agree in a
writing acceptable to SWSCC's member cities that KBLCSI is the corporate suc-
cessor of RCTSI for all purposes under the Franchise and that KBLC and KBLCOM
reaffirm their status as guarantors of KBLCSI's obligations under the Franchise;
and
WHEREAS, the City joins in the foregoing findings of SWSCC.
NOW, THEREFORE, BE IT RESOLVED:
1. The City hereby consents to and approves the change of the name of the
grantee under the Franchise from Rogers Cablesystems of the Southwest, Inc. to
KBL Cablesystems of the Southwest, Inc. , d/b/a Paragon Cable, provided KBLCOM
Incorporated, KBL Cable, Inc. , and KBL Cablesystems of the Southwest, Inc. first
file with the City an Acceptance and Consent in a form and substance acceptable
to the City.
2. The City declares that as of the time of this Resolution, the Fran-
chise and all agreements entered into by RCTSI in connection therewith shall
remain in full force and effect, except that KBL Cablesystems of the Southwest,
Inc. shall be deemed to have been substituted as grantee and shall be obligated
as RCTSI's successor in interest to perform all of RCTSI's duties and obliga-
tions thereunder.
Passed and adopted this 17th day of April 1990, by the City of
Eden Prairie.
CITY OF EDEN PRAIRIE
?4A
I s
Attest:
City Clerk
-2-