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<br />RESOLUTION NO. <br /> <br />87-016 <br /> <br />WHEREAS, the City Council of the City of Paris did <br />heretofore in Ordinance No. 84-039, passed on the 11th day <br />of June, 1984, grant a franchise to McCaw Midwest Communica- <br />tions, Inc.; and, <br /> <br />WHEREAS, McCaw Midwest Communications, Inc., has been <br />succeeded by McCaw South Central Communications, Inc.; and, <br /> <br />WHEREAS, pursuant <br />84-039, McCaw South <br />present holder of the <br />rights throughout the <br />to the transfer of <br />Communications, Inc., <br />corporation; and, <br /> <br />to Section 16(b) of Ordinance No. <br />Central Communications, Inc., the <br />community antenna television franchise <br />City of Paris, has applied for consent <br />its stock from McCaw South Central <br />to Cooke Cab1eVision, Inc., a Nevada <br /> <br />WHEREAS, it appears to the City Council of the City of <br />Paris that Cooke CableVision, Inc., is qualified to control <br />McCaw South Central Communications, Inc., which company will <br />continue to construct, own, operate and maintain the system <br />it is acquiring in conformity with Ordinance No. 84-039; <br />and, <br /> <br />WHEREAS, it appears to the City of Paris that Cooke <br />CableVision, Inc., is qualified to control the community <br />antenna television franchise rights within the corporate <br />limits of the City of Paris; NOW, THEREFORE, <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, That McCaw South Central Communications, Inc., <br />successor to McCaw Midwest Communications, Inc., is hereby <br />granted authority to transfer control of the community <br />antenna television franchise rights granted in Ordinance No. <br />84-039 to Cooke CableVision, Inc. <br /> <br />BE IT FURTHER RESOLVED, That, Cooke CableVision, Inc., <br />be, and it is hereby authorized to assign its interest, when <br />received from McCaw South Central Communications, Inc., for <br />security purposes only to such financial institutions as may <br />be selected to finance the acquisition and operation of the <br />community antenna television system. <br /> <br />This Resolution shall become effective only upon <br />completion of the sale of all of McCaw South Central Commun- <br />ications, Inc. 's stock to Cooke CableVision, Inc., and if <br />such sale is not consumated, this Resolution shall be of no <br />force or effect. <br /> <br />Passed and adopted this 9th day of February, 1987. <br /> <br />L/LL, ~_ JlJ" <br />m:r~~trrnett, Mayor <br /> <br />---- <br /> <br />ATTEST: <br />