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Ordinance 1989COUNCIL BILL N0. 1056 ORDINANCE NO. 1989 AN ORDINANCE CONSENTING TO THE ASSIGNMENT TRANSFER OF THE CABLE TV FRANCHISE TO NORTHLAND CABLE TELEVISION, INC. AND DECLARING AN EMERGENCY. WHEREAS, Porthland Communications corporation was granted a franchise to construct, operate, and maintain a community television system per Ordinance 1784; and WHEREAS, through subsequent communication it was clarified that Northland Communications Corporation vaas the general partner and Woodburn Cable TV Associates, d/b/a Northland Cable Television was the limited partner; and WHEREAS, the general partner is buying the interest of the limited partner for corporate financial reasons; and t1HEREAS, any assignment or acquisition of interest in said franchise must be by written consent of the City Council per Section 9, Ordinance 1784; PJOW, THEREFORE; THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. Consent of Oa~rnership Assignment. The City Council anticipates that no operational deficiencies will occur and that the ownership change will not be detrimental to the community interest involved in cable television services and, therefore, consents to said o~vnership assignment. Section 2. Consent of Financial Security Assignment. The City Council anticipates that this assignment transfer to secure an indebtedness will not be detrimental to the community interest in cable television services and consents to said assignment of the franchise to owner's lender for security purposes. Page 1 - COUNCIL BILL N0. 1056 ORDINANCE N0. 1989 Section 3. Franchise Continuance. This ownership assignment shall not alter the terms and conditions of the franchise granted in Ordinance 1784; and Northh.and Cable Television, Inc. shall file with the City Recorder a v~ritten unconditional assumption and acceptance of this franchise. Section 4. Emergency Clause. This ordinance being necessary for the immediate preservation of the public peace, health, and safety, an emergency is declared to exist, and this ordinance shall take effect immediately upon passage by the Council and approval by the Mayor. Approved as to form: ~~~~ ~~ City Attorney Date ~' Passed by the Council Submitted to the Mayor Approved by the ~iayor APPROVED`'.:. l 1.r ~~.,~~~~~~~ 7~ ~` v ~~.-~--_--_ NN~~'K'TRKSEY, ~1AYOR ~ ,{ / January 25, 1988 January 27, 1988 January 27, 19x8 Filed in the office of the Recorder ATTEST f 'A `Barney O,! Burris, Recorder City of~Woodburn, Oregon January 27, 1988 Page 2 - COUNCIL BILL NO. 1055 ORDINANCE N0. 1989