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88-59 EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
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88-59 EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
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8/25/2016 1:13:45 PM
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Resolution/Ordinance
Res Ord Num
88-59
Res Ord Title
EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
Approved Date
8/1/1988
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, , � <br /> . �. , <br /> . � ' , Section 36. The right, privilege, permission and author' <br /> herein granted shall inure to the benefit of, and the rov• lty <br /> hereof made obligatory upon the Company shall be obli a lslons <br /> successors and assigns of the Com an g tO�' upon any <br /> P y, provided however that the <br /> Company shall not sell or transfer its plant or system to anothe <br /> or transfer to another an ri ht r <br /> Y 9 , privilege, permission or authority <br /> under this Ordinance granted, whether such transfer is affected <br /> purchase or ac by <br /> quisition of control of the stock shares of the <br /> Company or otherwise� without the consent of the City Council W � I'� <br /> shall not be unreasonably withheld, expressed by Ordinance d � hlch II <br /> adopted and uly � <br /> passed, and provided further that no such sale or <br /> transfer shall be effective after the approval of the Council <br /> herein , as <br /> provided, unless and until the vendee or assignee of the <br /> Company has filed with the City Clerk an instrument duly executed <br /> reciting the fact of such transfer and accepting without conditio <br /> the terms of this Ordinance and a reein to n <br /> g 5 perform all conditions <br /> hereof, subject to federal, state and local law. No such cons <br /> shall be necessary for any transfer or sale to any entit ent <br /> bY, controlling or under common control with Compan y controlled <br /> Com an Y. providing the <br /> P y gives prior notice to the City of such impending assignment. <br /> Section 37. This ordinance number <br /> � � " � `� is the <br /> superior document and supersedes all other ordinances or resolution <br /> concerning the cable television system within the City of Decatur S <br /> Illinois. � <br /> -24- <br />
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