HomeMy WebLinkAboutResolution No. 1988-54 MICROFILMED JUNE 89
RESOLUTION NO. 88-54
A RESOLUTION CONSENTING TO THE SALE OF
SOUTHLAND COMMUNICATIONS , INC . TO
AMERICAN TELEVISION AND COMMUNICATIONS
CORPORATION ( ATC ) ; PURSUANT TO THE
CABLE TV FRANCHISE OF THE CITY OF CAPE
CANAVERAL , FLORIDA ; PROVIDING AN
EFFECTIVE DATE.
WHEREAS , the City of Cape Canaveral, Florida, has a Cable TV
Franchise with Southland Communications, Inc. ; and
,;.. WHEREAS , the City is aware of no default on the part of
Southland Communications , Inc. with respect to the franchise and
desires to grant its consent to the sale of the Company to
American Television and Communications Corporation (ATC) ;
NOW, THEREFORE , BE IT RESOLVED by the City Council of the
City of Cape Canaveral, Brevard County, Florida, as follows:
SECTION 1 . The City of Cape Canaveral hereby consents to
the sale of Southland Communications, Inc. to American Television
and Communications Corporation (ATC) , a publicly owned company of
which Time, Inc. is the major stockholder.
SECTION 2 . American Television and Communications ( ATC )
will assume all duties and obligations under the franchise
effective upon the date of sale.
SECTION 3 . In the event said sale is not effected , the
terms and conditions of the franchise shall remain in full force
and effect with Southland Communications, Inc.
SECTION 4 . The City confirms that the franchise was granted
by Ordinance No . 36-64 , on September 15 , 1964 , for a term of
fifteen (15) years and was renewed on September 15 , 1979 for a
period of fifteen ( 15 ) years by the adoption of Ordinance No .
16-79.
SECTION 5 . This Resolution shall become effective immediately
upon its adoption.
ADOPTED BY the City Council of the City of Cape Canaveral, I
Florida, this 4th day of October , 1988.
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Mayor
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ATTEST' NAME YES NO
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(ca4(d HOOD X
KIDD X
ty Clerk x
LEE
Approved as to Form: MILLER sent
LArIOELS I __
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City Att.rney■