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96-57 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: July 8~ 1996 RESOLUTION NO: 96-57 MOTION BY: Dockendorf SECONDED BY: Berquist A RESOLUTION APPROVING THE TRANSFER OF THE CABLE TELEVISION FRANCHISE WHEREAS, on or about April 2, 1984, the City of Chanhassen, Minnesota ("City") granted a Cable Television Franchise Ordinance (the "Chanhassen Franchise") to Dow-Sat of Minnesota, Incorporated; and WHEREAS, Triax Midwest Associates, L. P. ("Triax"), subsequently acquired ownership of the Chanhassen Franchise; and WHEREAS, Triax is the current and lawful holder of the Chanhassen Franchise; and WHEREAS, on or about April 15, 1996, Triax Midwest Associates, L. P. ("Triax") and other investors, entered into a Contribution Agreement whereby all assets Triax together with the Chanhassen Franchise will be transferred and merged into a restructured Triax Midwest Associates, L. P. ("A"); and WHEREAS, under the Chanhassen Franchise and Minnesota Statutes Section 238.083, the transfer of the cable system serving the City together with the transfer of the Chanhassen Franchise is prohibited without the prior written approval of the City; and WHEREAS, the City, with the assistance of Moss & Barnett, A Professional Association, has reviewed the proposed transfer and the legal, technical, and fmancial qualifications of TMA; and WHEREAS, based on information obtained by the City, the City has found no reason to disapprove of the transfer to TMA. NOW, THEREFORE, the City Council for the City of Chanhassen, Minnesota resolves as follows: o The City hereby consents and approves of the transfer of the Chanhassen Franchise from Triax to TMA subject to the following conditions being met within thirty (30) days of the closing of the transaction contemplated by the Contribution Agreement: mo Closing of the transaction contemplated within the Contribution Agreement pursuant to the terms and conditions described in information provided by Triax to the City particularly with respect to the f'mancing arrangements represented. b. Triax promptly notifying the City in writing of the completion of the transfer. c. Triax providing a signed Acceptance Agreement in a form supplied by and acceptable to the City. d. Triax providing evidence of corporate authority, in a form acceptable to the City, to enter into the Chanhassen Franchise and to sign the Acceptance. 2. In the event the transfer contemplated by the foregoing resolutions is not completed, for any reasons, the City's consent to the transfer shall not be effective. 3. This Resolution shall take effect and continue and remain in effect from and after the date of its passage, approval and adoption. Passed and adopted by the Chanhassen City Council this 8th day of July, 1996. ATTEST: Don Ashworth, City'~q"erk/Manager D6nald J. C~-l~ay-or - YES Chmiel Senn Berquist Dockendorf NO ABSENT None Mason ACCEPTANCE OF A FRANCHISE FOR A CABLE TELEVISION SYSTEM IN THE CITY OF CHANHASSEN, MINNESOTA WHEREAS, the City of Chanhassen, Minnesota ("City") by action of its governing body on , 1996, adopted a resolution no.~ ("Resolution") approving the transfer of the cable system and to the restructured Triax Midwest Associates, L.P. ("Triax"); and WHEREAS, the City of Chanhassen Cable Television Franchise Ordinance adopted April 2, 1984 (the "Chanhassen Franchise"), together with the Resolution require that Triax accept the Chanhassen Franchise and the conditions contained in the Resolution in form and substance acceptable to the City. NOW, THEREFORE, pursuant to the terms and requirements of the Chanhassen Franchise and the Resolution, and in consideration of the City's approval of the transfer of the Chanhassen Franchise, Triax accepts the Chanhassen Franchise and all conditions in the Resolution and makes the following representations and warranties to the City: I. Triax is a Missouri limited partnership duly organized, validly existing, and in good standing under the laws of the State of Missouri, and authorized to do business in Minnesota and with full power, authority, and legal capacity to execute, deliver, and perform this Acceptance and perform the terms and conditions of the Chanhassen Franchise, as amended, and the Resolution. 2. All actions necessary to authorize the execution and delivery of this Acceptance and the performance of the Chanhassen Franchise, as amended and Resolution, have been duly authorized by all necessary and required proceedings. 44540/YD801 !.DOC ] 3. The execution and delivery of the Acceptance and the performance of the Chanhassen Franchise, as amended and the Resolution, does not and will not conflict with or result in the breach or termination of, or constitute a default under, any indenture or instrument with respect to the borrowing of money, or any material contract, lease or agreement, or order, judgment or decree or any law, rule or regulation to which Triax is a party or by which it or any of its property is bound or affected. 4. Triax has carefully read the terms and conditions of the Chanhassen Franchise, as amended and the Resolution, and accepts the rights, duties, and obligations created thereunder, subject to its rights under applicable state and federal law. 5. Neither Triax or any of its representatives or agents have committed any illegal acts or engaged in any wrongful conduct contrary to, or in violation of, any federal, state, or local law or regulation in connection with the obtaining of the Chanhassen Franchise, as amended. 6. Triax acknowledges and agrees that the transfer, the consent process, the Resolution, and this Acceptance Agreement do not provide any basis for increasing the amounts paid by subscribers through cost pass-through as so-called "external costs" or as new franchise requirements and the consent process, this AccePtance Agreement, and the Resolution do not provide any basis for increasing the amount paid by subscribers in any other manner provided, however, this paragraph (iv) shall not be construed or interpreted as a waiver of any rate adjustment Triax may be entitled to under FCC rules and orders.. 44540/YD801 !.DOC 2 7. Triax agrees that any payments to be made to the City under the Resolution shall not be considered franchise fees as set forth in Section 622(g)(2) of the Cable Act, as amended (47 U.S.C. § 542(g)(2)). Dated ,1996 TRIAX MIDWEST ASSOCIATES, L.P. By: Its: STATE OF ) .SS. COUNTY OF ) The foregoing instrument was subscribed and sworn to before me this , 1996, by , the of Triax Midwest Associates, L.P. SEAL Notary Public 44540/YD801 !.DOC 3 RESOLUTION OF THE BOARD OF DIRECTORS OF TRIAX MIDWEST ASSOCIATES, L.P. WHEREAS, the City of Chanhassen, Minnesota ("City") granted a Cable Television Franchise Ordinance (the 'Chanhassen Franchise"); and WHEREAS, the City, acting through its governing body, on ,1996, adopted a Resolution approving the transfer of the cable system and Chanhassen Franchise to Triax Midwest Associates, L.P. ("Triax"); and WHEREAS, the City has requested, as a part of this transfer, the execution of a Acceptance from Triax; NOW, THEREFORE, BE IT RESOLVED: 1. Upon final approval and adoption of this Resolution, any one or more of the officers of Triax are hereby authorized to execute and to deliver to the City an acceptance of the obligations of Triax under the terms and conditions of the Chanhassen Franchise. 2. Upon the aforementioned approvals, any one or more officers of Triax are hereby authorized to execute other documents and take such actions as may be necessary or desirable to give effect to the foregoing and to consummate the transfer, and any and all such actions taken to date by any of said officers are hereby ratified. Dated ,1996 TRIAX MIDWEST ASSOCIATES, L.P. CERTIFICATION I HEREBY CERTIFY that the foregoing is a true and correct copy of a Resolution duly passed by the Directors of Triax Midwest Associates, L.P. on the day of ~ 1996, and that said Resolution is in full force and effect, unamended. DATED this day of ~, 1996. Secretary for Triax 44540/YD801 !.DOC 5