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HomeMy WebLinkAbout960854.tiff RESOLUTION RE: CONSENT TO ASSIGNMENT OF COMMUNICATION RADIO ANTENNA LEASE FROM STAUFFER COMMUNICATIONS, INC., TO BENEDEK BROADCASTING CORPORATION AND AUTHORIZE CHAIR TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, by Resolution dated August 29, 1990, the Board approved a Communication Radio Antenna Agreement and Disclaimer of Ownership for the installation by Weld County, Colorado, of a communication radio antenna on a television tower owned by Stauffer Communications, Inc., KGWN-TV Television Station, on property located in the N'/% of Section 11, Township 10 North, Range 60 West of the 6th P.M., Weld County, Colorado, and WHEREAS,the Board has been presented with an Assignment and Assumption of Lease between Stauffer Communications, Inc., and Benedek Broadcasting Corporation, due to the sale of KGWN-TV and other television stations owned by Stauffer to Benedek, and WHEREAS, after review, the Board deems it advisable to confirm and agree to said assignment through a letter of consent dated May 13, 1996, to Stauffer Communications, Inc., and Benedek Broadcasting Corporation, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Assignment and Assumption of Lease between Stauffer Communications, Inc., and Benedek Broadcasting Corporation be, and hereby is, confirmed and agreed to. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said letter of consent. 960854 CC, ; dm " ostda/frr//3e✓7ec/eL okari2lan CM0009 l CONSENT TO ASSIGNMENT OF LEASE FROM STAUFFER TO BENEDECK (KGWN-TV) PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 15th day of May, A.D., 1996. BOARD OF COUNTY COMMISSIONERS PWE C/O�UNTY, COLORADO : Gtr SZ�� _V t/L�F Y ec Barbara J. Kirkmeyer, it 186, çq;4 .. .. t1nty Clerk to the Board Ayr 07x2 ; 'teorge't. Baxter, Pro-Tem ® 1/4t1-14'eputy Cler the Board FXCI isFr) Dale K. Hall APP AS TO FOR ' Constance L. Harbert linty Attorne FXCI JSFf IlATF OF SIf;NINf; (AYF) W. H. Webster 960854 CM0009 a WELD COUNTY ATTORNEY'S OFFICE rs PHONE: (970) 356-4000, EXT. 4391 FAX: (970) 352-0242 915 TENTH STREET GREELEY, COLORADO 80632 ' May 13, 1996 Ci COLORADO Lawton Jordan, Jr. Hull, Towill,Norman & Barrett, PC P.O. Box 1564 Augusta, GA 30903-1564 RE: Consent to Assignment of Lease Dear Mr. Jordan: After our telephone conversation on Monday, May 13, 1996, I made the agreed upon changes to the consent to assignment letter for the assignment of the Communication Radio Antenna Agreement (Lease) between KGWN-TV and Weld County, Colorado, dated July 18, 1990. The assignment will be from Stauffer Communications, Inc., ("Stauffer") to Benedek Broadcasting Corporation ("Benedek"). The consent letter was approved at the Board's May 15, 1996, meeting. Unfortunately, the Board's Chair, Barbara J. Kirkmeyer, left the office without signing the letter. We have placed on the letter her stamped signature. The letter is enclosed. A resolution from the Board will follow. If you should have any questions regarding this letter or the enclosed, please feel free to call me at (970) 356-4000, extension 4390. Sinc ly, //ruce T. Barker Weld County Attorney BTB/db:Let/Jordan Enclosure pc: Clerk to the Board Jack Statler 960854 f‘itt OFFICE OF BOARD OF COUNTY COMMISSIONERS PHONE: 970-356-4000, Ext.4200 ' Fax: 970-352-0242 P.O. Box 758 C. GREELEY,COLORADO 80632 COLORADO May 13, 1996 Stauffer Communications, Inc. c/o Lawton Jordan, Jr. Hull, Towill, Norman& Barrett P.O. Box 1564 Augusta, GA 30901 Benedek Broadcasting Corporation Stewart Squire, Suite 210 308 West State Street Rockford, IL 61101 RE: Communication Radio Antenna Agreement("the Lease") Between KGWN-TV (Lessor) and Weld County, Colorado (Lessee) dated July 18, 1990 for Communication Radio Antenna on KGWN's Property Dear Ladies and Gentlemen: In connection with the sale of the television stations (ICMIZ-TV, KGWC-TV, KGWR-TV, KGWL-TV, KCOY-TV, KGWN-TV, KSTF, KTVS and WIBW-TV) owned by Stauffer Communications, Inc. ("Stauffer")to Benedek Broadcasting Corporation ("Benedek"), Weld County, Colorado, by and through the Board of County Commissioners of Weld County, agrees that Stauffer may assign the above referenced Lease to Benedek and that Benedek may assume the Lease effective at the closing of the acquisition of the Stauffer stations by Benedek (the "Closing"). No additional consents will be required with respect to the assignment and assumption. The Board understands that the assignment and assumption will be made in the attached form. The assignment and assumption will not alter or amend any provisions of the Lease other than the name of the Lessor. The Board hereby certifies to you that: (i) the Lease is in full force and effect, (ii) no party thereto is in default and no claim of default has been made by either party or is pending, and (iii) there does not exist any event which with notice or the passing of time, or both, would constitute Page 1 of 2 Pages 960854 a default or would excuse performance by either party. Upon the Closing and Benedek's assumption of the Lease described above, the Board agrees that Stauffer will be released from all liability under the Lease related to the period after Closing, but Stauffer shall remain responsible for any liability under the Lease occurring prior to Closing. ��"'�"�. •firmed Agreed to isda of , 1996. : W D COUNTY, COLORADO, BY AND OUGH THE BOARD OF COUNTY 1861 %.I�,. ,� COMMISSIONERS OF WELD COUNTY WAD luty C e k to the Board / ‘-/Y Ou Not BY: Barbara J. Kirkmeyer, Chair Let/Radio.db Page 2 of 2 Pages 960854 ASSIGNMENT AND ASSUMPTION OF LEASE THIS ASSIGNMENT AND ASSUMPTION, made as of 1996, by and between Stauffer Communications, Inc. , a Delaware corporation, having an office at 725 Broad Street, Augusta, GA 30901 ("Assignor") , and Benedek Broadcasting Corporation, a Delaware corporation having an office at Stewart Square, Suite 210, 308 West State Street, Rockford, IL 61101 ("Assignee") ; WITNESSET H: WHEREAS, Assignor is the tenant of premises identified on Exhibit A annexed hereto, under a certain lease identified on Exhibit A annexed hereto (together with the assignments, amendments, and/or extensions thereto referred to on said Exhibit A, the "Lease") , and; WHEREAS, Assignor and Assignee are parties to that certain Assets Purchase and Sale Agreement, dated November 22 , 1995 (the "Agreement") , pursuant to which, amongst other things, the Lease is to be assigned by Assignor to Assignee; NOW THEREFORE, for valuable consideration paid by the Assignee to the Assignor, the receipt whereof is hereby acknowledged, the Assignor assigns and transfers to the Assignee, its successors and assigns, the Lease and all of the estate, right, title, and interest of the Assignor therein, including without limitation any security deposit thereunder; a:benstf.asg .asg 960854 TO HAVE AND TO HOLD the same unto the Assignee, its successors and assigns, from the date hereof for the remainder of the term of the Lease, subject to the rental, terms, covenants, and conditions of the Lease. This assignment is made pursuant to the Agreement and is intended to have the benefit of the representations and covenants contained therein. The Assignee, in consideration of said assignment, hereby accepts said assignment, agrees to be bound by the terms, covenants, and conditions of the Lease, and assumes and agrees to perform and pay all of the unperformed obligations of the Assignor under the Lease to be performed or paid in respect of the period from and after the date hereof. IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. STAUFFER COMMUNICATIONS, INC. By: Its: BENEDER BROADCASTING CORPORATION By: Its: a:benstf.asg 960854 EXHIBIT A 1. Communication radio antenna on KGWN's property 2 . Communication Radio Antenna Agreement between KGWN-TV (Lessor) and Weld County, Colorado (Lessee) dated July 18, 1990 a:benstf.asg .asg 960854 Hello