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HomeMy WebLinkAbout890544.tiff AR21840ih NO o U RESOLUTION ri O RE: CORRECT RESOLUTION CONCERNING TRANSFER AND ASSIGNMENT OF a CABLE T.V. FRANCHISE TO JAMES CABLE PARTNERS, L.P. WHEREAS , the Board of County Commissioners of Weld County, v)-g Colorado, pursuant to Colorado statute and the Weld County Home a Rule Charter, is vested with the authority of administering the O affairs of Weld County, Colorado, and J W a WHEREAS , on the 12th day of June, 1989 , the Board did, by `n Resolution, approve the transfer and assignment of a cable T.V. franchise to James Cable Partners, L.P. , and a, a WHEREAS, it has now come to the Board ' s attention that James w O Cable Partners , L.P. , is requesting certain corrections to said O0Z Resolution of June 12 , 1989 , with said corrections being as N H follows: C F o 1 . The fifth paragraph on Page 1 which reads , "WHEREAS, ] James will merge or liquidate Chartwell into itself so • '4 that James will hold the franchise directly, " w y, should be corrected to read as follows : "WHEREAS , James will z acquire the assets of Chartwell so that James will hold o < the franchise directly. " r ag 2 . The paragraph entitled, SECTION 1 . which read, "County hereby consents to and approves the transfer of all of v) M the capital stock of Chartwell to James and the r.] subsequent merger or liquidation of Chartwell into r James, and to the assumption by James of all of the w w duties and obligations under the franchise, such assignment and transfer to be effective upon the transfer of the capital stock of Chartwell to James . " should be corrected to read as follows: "County hereby consents to and approves the transfer of all the assets , including the franchise, of Chartwell to James and to the assumption by James of all of the duties and obligations under the franchise, such assignment and transfer to be effective upon the transfer of the assets of Chartwell to James . " WHEREAS , after study and review, the Board has determined that such corrections do not affect the Resolution of transfer and assignment; therefore , it is deemed advisable to approve said corrections . 890544 N O O U O N• O Page 2 o RE: CORRECTIONS TO CABLE T.V. FRANCHISE - JAMES CABLE 0 i- (0 rrAl 0 3 NOW, THEREFORE, BE IT RESOLVED by the Board of County o a Commissioners of Weld County, Colorado, that the corrections, as ` q hereinabove stated , to the Resolution concerning the transfer and ox assignment of cable T.V. franchise to James Cable Partners, L.P. , be , and hereby are, approved . ra `;? 'a The above and foregoing Resolution was , on motion duly made -* and seconded , adopted by the following vote on the 28th day of ~ a June, A.D. , 1989 . w co tirylvtA7Acteu&U BOARD OF COUNTY COMMISSIONERS m z ATTEST: WELD COUNTY, COLORADO NH LO H Weld Cou4nt4 %Ierk and Recorder C-f 0 z and Clerk csthet8iiry C.W. Kir y, Ch rman m s• 7 ,� O W i co 2 ii-I'\,3e7),-94,14,1,l ' gggRson, Pro-Tem Deputy County lerk ie o >, APPROVED AS TO FORM: Gene R. Bra tner U a y lo <r --e eorge K nne/( u �J' \Jp _ C:21 :71 c , County Attorney PI w Gor 890544 Chartwell 5299 DTC Boulevard Suite 260 Englewood, CO 80111 303/694-1700 R4b)078WdJ0 Office 125 Crestridge Fort Collins, CO 80525 Ph. ( 303) 225-0537 Weld County Colorado ATTN: Bruce Barker June 26 , 1989 P . O. Box 1948 Greeley, CO 80632 Dear Bruce : This letter is in reference to our conversation on the phone today. As I mentioned, the attorney for James Cable would prefer a slightly different wording in two sections of the Resolution recently passed by the Board of County Commissioners for Weld County. They are: 1 ) On the 5th "WHEREAS" down on page one to read; "WHEREAS, James will acquire the assets of Chartwell so that James will hold the franchise directly, and" ( delete the words "merge or liquidate" and "into itself" ) 2 ) Section 1 of the 2nd page to read; "County hereby consents to and approves the transfer of all the assets, including the franchise , of Chartwell to James, and to the assumption by James of all the duties and obligations under the franchise, such assignment and transfer to be effective upon the transfer of the assets of Chartwell to James. " (delete the words "capital stock" , "and the subsequent merger or liquidation of Chartwell into James, " and "capital stock" ) . These changes are necessary because the sale is not a merger or stock transfer but rather a sale of assets (please note that the words that need to be added are underlined) . Also, these changes do not materially affect the Resolution. Once again, your cooperation is greatly appreciated. Sincerely obert J. Briney Vice President Of Operations 890544 Hello