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