HomeMy WebLinkAbout1759 ResolutionELLS, City Clerk
Ally, ED AS TO FO
GREGL7 RUBSTELLO, City Attorney
IP
RESOLUTION NO. 1759
A RESOLUTION of the Pasco City Council approving the
purchase and ownership by Tele-Communications, Inc. (TCI) of more
than fifty percent (50%) of the voting stock of United Artists
Communications, Inc.
WHEREAS, The city has received proper notice from Columbia
Cable, a subsidiary of United Artists Cable Systems Corporation,
of a proposed purchase by TCI of more than fifty percent (50%) of
the voting stock of United Artists Communications, Inc.; and
WHEREAS, Section 5.4 of the CATV Enabling Ordinance for
the City of Pasco requires that in such event, prior approval of
the Pasco City Council is necessary, following public hearing,
and consideration by the City Council of TCI's legal, financial,
technical, character and other qualifications to construct,
operate and maintain a cable communication system in the city;
and
WHEREAS, The City Council after consideration of such
factors and after public hearing and consideration of the
comments made from the public, has determined that TCI has the
legal, financial and technical capabilities to operate a cable
system and that the stock purchase shall not adversely affect the
operation of Columbia Cable; and
WHEREAS, TCI has provided the city with its written
acceptance of all terms and conditions of the franchise entered
into between the City of Pasco and Micro-Cable Communications
Corporation in February, 1983;
NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DOES
RESOLVE AS FOLLOWS:
The Pasco City Council hereby gives its approval and
consent to the purchase of in excess of fifty percent (50%) of
the voting stock of United Artists Communications, Inc. by
Tele-Communications, Inc.
P SED This 20th day of October, 1986.