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R2007-212 APPROVING PRO FORMA ASSIGNMENT OF FRANCHISE TO ILLINOIS/INDIANA SYSTEMS GROUP, LLC
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R2007-212 APPROVING PRO FORMA ASSIGNMENT OF FRANCHISE TO ILLINOIS/INDIANA SYSTEMS GROUP, LLC
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10/23/2015 4:29:39 PM
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Resolution/Ordinance
Res Ord Num
R2007-212
Res Ord Title
APPROVING PRO FORMA ASSIGNMENT OF FRANCHISE TO ILLINOIS/INDIANA SYSTEMS GROUP, LLC AND CHANGE OF CONTROL OF ILLINOIS/INDIANA SYSTEMS GROUP, LLC
Approved Date
11/19/2007
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS: . <br /> 1. All of the above recitals are hereby incorporated by reference as if fully set forth <br /> herein. <br /> 2. The Franchise is in full force and effect and Grantee is the lawful holder of the <br /> Franchise. <br /> 3. Illinois/Indiana Systems Group, LLC will be the lawful holder of the Franchise <br /> after consummation of the Transaction. <br /> 4. The City hereby consents and approves the proposed assignment of the <br /> Franchise to Illinois/Indiana Systems Group, LLC and the change of control of <br /> Illinois/Indiana Systems Group, LLC as described in the Application subject to: <br /> a. Closing of the Transaction described in the Application and information <br /> provided to the City by Grantee and Comcast-TCI. Comcast-TCI shall, <br /> within five (5) days of the date of closing, notify the City in writing of the <br /> completion of the Transaction. <br /> b. Comcast-TCI, within five (5) days of the date of adoption of this <br /> Resolution, will provide City with a fully executed "Settlement Agreement" <br /> in the form attached hereto and hereby incorporated by reference in this <br /> Resolution. <br /> 5. In the event the Transaction as set forth in the Application and as contemplated <br /> by the foregoing resolutions is not completed, for any reason, the City's consent <br /> � shall not be effective. <br /> 6. This Resolution shall take effect and continue and remain in effect from and after <br /> the date of its passage, approval, and adoption. <br /> PRESENTED AND ADOPTED this 19th day of November, 2007. ; <br /> � <br /> PAUL OSBORNE, MAYOR <br /> ATTEST' <br /> ���,�, 1� �I�✓� , C��� C?�'� <br /> � '�p/�n.Q.fti� ��!'ctiu��✓h�-� � Q/5� ��i'�fCC,- <br /> � <br /> CITY CLERK <br /> 101 i iao.�� 4 <br />
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