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<br />DRAFT <br /> <br />F:A lTORNEY\ORDWORK\CURRENT\ Cox Cable Francbise Assignment RES 2006 <br />February 15,2006 <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, APPROVING AND CONSENTING TO THE TRANSFER <br />AND CONTROL OF THE COX SOUTHWEST HOLDINGS, L.P. <br />("GRANTEE") CABLE FRANCHISE TO CEBRIDGE ACQUISITION, L.P. <br />D/B/A CEBRIDGE CONNECTIONS, SUBJECT TO CEBRIDGE'S <br />COMPLIANCE WITH PROVISIONS CONTAINED HEREIN; REQUIRING <br />A WRITTEN ACCEPTANCE BY COX AND CEBRIDGE; MAKING OTHER <br />FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND <br />PROVIDING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City Charter of the City of Paris provides that no holder of a franchise <br />heretofore or hereafter granted shall have the right to transfer or assign such franchise to any other <br />person, firm, or corporation without the consent of the Council; and <br /> <br />WHEREAS, Article V, Section 16 "Transactions affecting ownership of grantee." of <br />Appendix A - Franchises ofthe Code of ordinances of the City of Paris requires that a franchise shall <br />not be assigned or transferred without the prior written consent of the City; and <br /> <br />WHEREAS, Cox Southwest Holdings, L.P. (hereinafter referred to as "Grantee") is currently <br />a Grantee for cable services in the City of Paris, Texas (the "City") pursuant to Resolution No. <br />2003-177 adopted on the 8th day of December, 2003; and <br /> <br />WHEREAS, Grantee is a wholly owned subsidiary of Cox Communications, Inc.; and <br /> <br />WHEREAS, Grantee and Cebridge have requested the City's consent to transfer of the <br />Franchise and have filed a FCC FornI 394 with the City requesting such consent; and <br /> <br />WHEREAS, pursuant to an Asset Purchase Agreement dated October 31, 2005 between <br />Cebridge Acquisition Co. LLC ("Cebridge LLC") and Cox and certain related entities (the <br />"Agreement"), Cox will cause the Grantee to sell and transfer the cable system owned and operated <br />by Grantee within the City ("Transfer") to Cebridge Acquisition, L.P. d/b/a! Cebridge Connections <br />("Grantee"), which will become an indirect subsidiary (but subject to the direction and control) of <br />Cebridge Connections Holdings, LLC (the "Transaction"); and <br /> <br />WHEREAS, current state law provides that a cable or video service provider that currently <br />has or had previously received a franchise to provide cable or video service with respect to a <br />municipality is not eligible to seek a state-issued certificate of franchise authority as to that <br />municipality until the expiration date of the existing franchise agreement; and <br /> <br />r <br />