1988-041
..
RESOLUTION 88-41
RESOLUTION GIVING FINAL APPROVAL
TO A TRANSFER OF THE CITY'S CABLE
TELEVISION FRANCHISE
WHEREAS, the City of Hopkins , Minnesota,
("city") has granted a cable television franchise (the
"Franchise") to Rogers Cablesystems of Minnesota Limited
Partnership ("RCMLP") pursuant to City's cable communications
ordinance (the "Franchise Ordinance"); and
WHEREAS, Rogers Cablesystems of the Southwest, Inc.
("RCTSI") is the sole general partner of RCMLP and is a wholly-
owned subsidiary of Rogers U.S. Cablesystems, Inc. ("RUSCI"),
which is a wholly-owned sUbsidiary of Rogers Cablesystems of
America, Inc. ("RCA") (Collectively called herein the "Rogers
Companies"); and
WHEREAS, the Rogers Companies have acquired all the limited
partnership interests in RCMLP; and
WHEREAS, there is no need for RCMLP to operate the Franchise
now that the Rogers Companies has acquired all the limited
partnership interests in RCMLP; and
WHEREAS, the Rogers Companies seeks to dissolve the RCMLP
limited partnership and transfer the Franchise to the general
partner, RCTSI; and _
WHEREAS, the proposed transfer will not cause a change in
the controlling interest in, or a change in the operation of, the
Franchise, because RCTSI is the general partner of RCMLP; and
WHEREAS, the proposed transfer has been reviewed and
discussed by the Operating Committee of the Southwest Suburban
Cable Commission ("SWSCC") which has forwarded the proposed
transfer to the City with a recommendation for approval; and
WHEREAS, it appear that the proposed transfer will be in the
general public interest and will not adversely affect subscribers
to the City's cable system.
NOW, THEREFORE, BE IT RESOLVED:
A. The City hereby consents to and approves the transfer
of the Franchise from RCMLP to RCTSI and the dissolution of
RCMLP; such consent and approval is conditioned on the filing by
RCTSI of a written Acceptance Agreement ("Acceptance") in a form
and substance acceptable to the city and containing the
requirements set forth in Article XIV, Section 2 and Article XII,
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section 1 of the Franchise Ordinance whereby RCTSI agrees to
assume, perform, and discharge those obligations and duties of
RCMLP in the Franchise Ordinance, such Acceptance to be filed
with the City within thirty days of the passage of this
Resolution.
B. The City declares as of the time of this Resolution
that the Franchise and all agreements entered into by RCMLP are
deemed in full force and effect and will remain unchanged by the
transfer, except that RCTSI will replace and be responsible as
the successor in interest to all obligations and rights held
formerly by RCMLP.
C. The City notes that section 6, subdivision 2, of the
1985 Relief Ordinance provides for automatic termination of the
relief therein, (among other reasons), when the Grantee collects
one hundred million dollars ($100,000,000) as measured from
September 1, 1984, in gross revenue, or the relief terminates
March 1, 1992, whichever is earlier. The City intends that the
Relief Ordinance will terminate pursuant to these provisions only
if gross revenues exceed one hundred million dollars
($100,000,000), respective of revenues received from all other
franchises held, owned, or operated by RCTSI.
Passed and adopted this
by the City of Hopkins
19th day of
May
, 1988,
DATED:
.:G;;. /J , /f rr
/
CI~: Hopkins _
By: ~~ .Q---~
Its: Mayl6r ,
ATTEST:
~~./:. ~CitY Clerk
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