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1986-26 Transfer of Control from Perry Cable TV Corp to Centel CommunicationsRESOLUTION NUMBER 26-86 1 :1 1 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, APPROVING THE TRANSFER OF CONTROL OF PERRY CABLE TV CORP. TO CENTEL COMMUNICATIONS COMPANY AND THE TRANSFER OF THE COMMUNITY ANTENNA TELEVISION SYSTEM FRANCHISE HELD BY PERRY CABLE TV CORP. TO CENTEL CABLE TELEVISION COMPANY OF FLORIDA. WHEREAS, Perry Cable TV Corp. operates a cable television system in the Village of North Palm Beach, Florida pursuant to a non-exclusive franchise granted by Ordinance No. 116-1965 dated March 23, 1965, as supplemented and amended by the Resolution No. 293-67 dated February 28, 1967, Ordinance 156-67 dated September 19, 19fi7, and Ordinance No. 216-70 dated September 10, 1970; and WHEREAS, Centel Communications Company will acquire all stock of Perry Cable Companies, Inc. which is the sole parent of Perry Cable TV Corp. and will operate the cable TV system in the Village of North Palm Beach through its wholly owned subsidiary Centel Cable Television Company of Florida; and WHEREAS, Perry Cable TV Corp. will transfer its non-exclusive franchise to Centel Cable Television Company of Florida; and WHEREAS, Perry Cable TV Corp of Florida have requested approval of these of the Village of North Palm Beach; and and Centel Cable Television Company transactions by the Village Council WHEREAS, the Village Council of the Village of North Palm Beach desires to approve said transfer of control and transfer of said non-exclusive franchise. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH THAT: 1. The transfer of control of Perry Cable TV Corp. to Centel Communications Company and transfer to Centel Cable Television Company of Florida of the non-exclusive franchise previously granted to Perry Cable TV Corp., pursuant to a Ordinance No. 116-1965 dated March 23, 1965, as supplemented and amended by the Resolution No. 293-67 dated February 28, 1967, Ordinance No. 156-67, dated September 19, 1967, and Ordinance No. 216-70 dated September 10, 1970, is hereby approved. 2. The terms and conditions of said non-exclusive franchise shall remain unchanged, except that all provisions of the non-exclusive franchise shall be subject to all applicable federal, state, local and Village regulation. 3. This approval shall be effective upon receipt of written confirmation of the closing and Centel's agreement to be bound by the terms of the non-exclusive franchise previously granted to Perry Cable TV Corp., and this Resolution accompanied by a Resolution of Centel Communications Company authorizing such agreement. ADOPTED THIS 13TH DAY OF NOVEMBER 1986. . .,..~~. Cd yi, C i age C erk