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184 Consent To Acquisition Of Cable FranchiseRESOLUTION NO. Town of Yelm, Washington CONSENT TO ACQUISITION OF CABLE FRANCHISE THIS IS A RESOLUTION consenting to and acquiescing in the acquisition of that certain cable television fran- chise affecting such services and their provision within the Town of Yelm, Washington. WHEREAS Cable TV Puget Sound, Inc., a wholly-owned subsidiary of Tribune Publishing Co., is franchised to provide cable television services in the Town of Yelm; and WHEREAS Televue Systems, Inc., d/b/a Viacom Cablevision (hereinafter Viacom Cablevision) has acquired the aforesaid Cable TV Puget Sound; and WHEREAS Section 16 of the Franchise Ordinance, which is Ordinance No. 251 (1981), provides that the said franchise be personal to the original grantee and that the same shall not be sold, transferred, leased, assigned, or otherwise dis- posed of without the prior written consent of the Town; and WHEREAS Viacom Cablevision has established its ability to overate the said franchise and provide services thereunder in a manner beneficial to the citizens of the Town of Yelm, and desires the Town of Yelm therefore to approve the afore- said acquisition of said television cable franchise; and WHEREAS Viacom Cablevision has further demonstrated its good faith and public spirit by agreeing to amend the stated compensation to the Town of Yelm for the o~~eration of the said cable franchise to provide for the payment of three per- cent (3~) of gross receipts from basic cable service to cus- tomers within the franchise area of the Town, exclusive of bad debt and installation fees; NOW, THEREFORE, BE IT RESOLVED that the Town Council of the Town of Yelm hereby grants its approval to permit the acquisition of Cable TV Puget Sound by Viacom Cablevision, which will comply with and be bound by all applicable cable television franchise obligations and rights. PASSED this ~~~ day of fi 1987, effective immediately. ~/1~~~~ Hon. Ron Lawton, Mayor Attest: Town Clerk Approved as to Form and Substa . ~~~ -P 1 Town Attorney