357 Cable TV Puget Sound, Inc.CITY OF YELM
RESOLUTION~NO. 357
WHEREAS, the City of Yelm (the "City"), entered into a
franchise agreement, Ordinance No. 251 (the "Franchise"), with
Cable TV Puget Sound, Inc, dba Viacom Cable, on April 14, 1981, for
a term of fifteen years, expiring April 14, 1996, and
WHEREAS, the Franchise was extended to April 14, 1997, and
WHEREAS, on July 31, 1996 Tele-Communications, Inc.'s domestic
cable television subsidiary TCI Communications, Inc. ("TCIC")
closed a transaction whereby it purchased all of the stock of
Viacom International, Inc., ultimate parent of Cable TV Puget
Sound, Inc., and
WHEREAS, Cable TV Puget Sound, Inc., dba TCI of Washington has
requested an extension to the existing Franchise for two (2) years
to allow adequate time to understand the needs of Yelm and to
develop business operation for the newly acquired systems, and
WHEREAS, the rights of all parties will remain unchanged
during an extension of the Franchise, and neither party waives any
right which it enjoys under law as a result of agreeing to this
extension.
NOW, THEREFORE, be it resolved by the City Council of the City
of Yelm, Washington that:
The franchise agreement between Cable TV Puget Sound, Inc.
dba TCI of Washington and the City of Yelm be extended to
April 14, 1999.
G'~
Kat ryn M Wolf, Mayor
Attest:
Agn s P. Bennick, City Clerk
PASSED and APPROVED: March 12, 1997