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HomeMy WebLinkAboutResolution - 88-108 - Giving Final Approval to a Transfer of the City's Cable Television Franchise - CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION 88-108 RESOLUTION GIVING FINAL APPROVAL TO A TRANSFER OF THE CITY 'S CABLE TELEVISION FRANCHISE WHEREAS , the City of Eden Prairie , Minnesota, ("City") has granted a cable television franchise (the "Franchise") to Rogers Cablesystems of Minnesota Limited Partnership ( "RCMLP") pursuant to the City ' s cable communications ordinance (the "Franchise Ordinance") ; and WHEREAS, Rogers Cablesystems of the Southwest, Inc. ( "RCTSI") is the sole general partner of RCMLP and is a wholly- owned subsidiary of Rogers U. S . Cablesystems , Inc. (RUSCI") , which is a wholly-owned subsidiary of Rogers Cablesystems of America, Inc. ("RCA") (collectively called herein the "Rogers Companies") ; and WHEREAS, the Rogers Companies have acquired all the limited partnership interests in RCMLP; and f WHEREAS , there is no need for RCMLP to operate the Franchise now that the Rogers Companies has acquired all the limited partnership interests in RCMLP; and WHEREAS , the Rogers Companies seek to dissolve the RCMLP limited partnership and transfer the Franchise to the general partner, RCTSI ; and WHEREAS , the proposed transfer will not cause a change in the controlling interest in, or a change in the operation of, the Franchise, because RCTSI is the general partner of RCMLP; and WHEREAS , the proposed transfer has been reviewed and discussed by the Operating Committee of the Southwest Suburban Cable Commission ( "SWSCC") which has forwarded the proposed transfer to the City with a recommendation for approval ; and WHEREAS , it appears that the proposed transfer will be in the general public interest and will not adversely affect subscribers to the City ' s cable system. NOW, THEREFORE, BE IT RESOLVED: A. The City hereby consents to and approves the transfer of the Franchise from RCMLP to RCTSI and the dissolution of RCMLP; such consent and approval is conditioned on the filing by RCTSI of a written Acceptance Agreement ( "Acceptance") in a form and substance acceptable to the City and containing the requirements set forth in Article XIV, Section 2 and Article XII Section 1 of the Franchise Ordinance whereby RCTSI agrees to assume, perform, and discharge those obligations and duties of RCMLP in the Franchise Ordinance, such Acceptance to be filed with the City within 30 days of the passage of this Resolution. B. The City declares as of the time of this Resolution that the Franchise and all agreements entered into by RCMLP are deemed in full force and effect and will remain unchanged by the transfer, except that RCTSI will replace and be responsible as the successor in interest to all obligations and rights held formerly be RCMLP. C. The City notes that Section 6, subdivision 2 , of the 1985 Relief Ordinance provides for automatic termination of the relief therein, (among other things) , when the Grantee collects one hundred million dollars ($100,000, 000) as measured from September 1, 1984 , in gross revenue, or the relief terminates March 1, 1992 , whichever is earlier. Gross revenues, for purposes of this provision, are revenues received from all franchises held, owned, or operated by RCTSI. Passed and adopted this 7th day of June _ , 1988, by the City of Eden Prairie DATED: June 7, 1988 CIT OF: Eden rairie t Its: Giao D. a on , Ma or ATTEST: in D. rane , City Clerk