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HomeMy WebLinkAboutReso - CC - 108-1985RESOLUTION NO. 108-85 RESOLUTION GRANTING CONSENT TO THE TRANSFER OF CONTROL OF CAPITAL CITIES PACIFIC CABLE, INC.FROM CAPITAL CITIES COMMUNICATIONS, INC. TO THE WASHINGTON POST COMPANY WHEREAS, Capital Cities Pacific Cable, Inc. is a cable television franchisee in Burlingame, and Capital Cities Pacific Cable, Inc. is a wholly-owned subsidiary of Capital Cities Comm- unications, Inc.("Capital Cities"); and WHEREAS, The Washington Post Company ("Post Company") has agreed to purchase all of Capital Cities' stock in Capital Cities Pacific Cable, Inc., subject to such prior governmental approval as may be required; and WHEREAS, the Post Company has shown its financial respons- ibility and has agreed that its subsidiary will comply with all applicable terms, conditions and obligations of the franchise and related ordinances, currently in effect; and WHEREAS, consent has been requested as to the proposed transaction; NOW, THEREFORE, BE IT RESOLVED .that consent is hereby granted, as requested, pursuant to Paragraph 6.48.050 (f) of the Burlingame Television Ordinance No. 1173, to enable the parties to proceed with the transfer of control of Capital Cities Pacific Cable, Inc. from Capital Cities to the Post Company. Mayor I, JUDITH A. MALFATTI, City Clerk of the City of Burlingame do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 7TH day of October , 1985, and was adopted thereafter by the followi vote: AYES: COUNCILMEN: AMSTRUP, BARTON, MANGINI, MARTIN, PAGLIARO NOES: COUNCILMEN: NONE ABSENNT: COUNCILMEN: NONE 9/24/85 City Clerk