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HomeMy WebLinkAbout99-113 WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, RESOLUTION 99-113 Approving a Cable Television Franchise Agreement between the City of Prior Lake and Triax Midwest Associates, L.P. Motion By: Kedrowski Second By: Schenck on or about August 15, 1983, the City of Prior Lake ("City") passed and adopted an Ordinance granting a Cable Television Franchise ("Franchise") currently held by Triax Midwest Associates, L.P. ("Triax"); and on April 29, 1999, a certain Asset Purchase Agreement ("Agreement") was made and entered into by and among Triax and Mediacom LLC; and Triax and Mediacom have requested consent by the City to transfer the Franchise and the assets comprising the Cable System to Mediacom Minnesota LLC ("Mediacom"); and in compliance with the terms of the Asset Purchase Agreement, the name of grantee/franchisee under the Franchise will be changed to Mediacom; and under the Franchise and applicable law, the proposed Transfer requires consent from the City; and the City has reviewed the proposed Transfer and the legal, technical and financial qualifications of Mediacom and Mediacom LLC; and based on information obtained and on the reports and information received by the City, including the report prepared by the City's cable television consultants, Moss & Barnett, a Professional Association, which is hereby incorporated by reference, the City has found no reason to disapprove of the proposed Transfer to Mediacom; and by Resolution 99-74, the Prior Lake City Council has approved of the transfer and assignment subject to six conditions including satisfactory completion of a new Cable Television Franchise Ordinance and Cable Television Franchise Agreement; and both documents have been prepared and are to be considered by the Prior Lake City Council on or before October 18, 1999. Now THEREFORE, be it resolved by the City Council of the City of Prior Lake as follows: 1. The Franchise Agreement dated October 18, 1999 is hereby approved, and the Mayor and City Manager are hereby authorized to execute said Agreement on behalf of the City. 2. The Grantee shall reimburse the City its reasonable costs associated with the review of the transfer which costs shall be deemed to be a part of the application fee and apply to costs 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER incurred by the City for professional services necessary to evaluate this transfer. The application fee in the Franchise shall consist of the fee required by the City to begin evaluation of the Grantees request for transfer plus the City's out-of-pocket expenses for professional services (collectively "application fee'). 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 THIS 18TH DAY OF OCTOBER, 1999. YES NO Mader X Mader Kedrowski X Kedrowski Petersen X Petersen Schenck X Schenck Wuellner X Wuellner {Seal} R:\COUNCI L\RESOLUTI\ADMI NRES\99\99-113.DOC