Laserfiche WebLink
Section 27. City purchase of cable system. <br />The City may, upon the recommendation of the City Manager and the approval of the <br />Commission, acquire ownership of and operate franchisee's cable system in accordance with <br />Section 29 of Ordinance No.99 --"a. <br />Section 28. Modification of franchise. <br />Franchisee shall file an application with the City Manager for any modification of its <br />franchise pursuant to Section 7 of Ordinance No. 99 -(,�as amended. The application shall fully <br />conform with each of the requirements set forth in that section that apply to applications for <br />modification. <br />Section 29. Transfer of franchise. <br />A. Franchisee shall not directly or indirectly assign, sell or transfer its franchise, or <br />any right, title, or interest in same, this franchise agreement, or its cable system, nor shall any <br />ownership interest or any other form of control of franchisee or any lawful successor be <br />transferred, assigned, directly or indirectly, without prior written notice to and approval of the <br />City. In determining whether to approve a transfer, the City will consider the factors set forth in <br />Section 21 of Ordinance No. 99-(Jo However, in the event that an entity having a controlling <br />interest of the franchisee desires to transfer the franchise to another affiliated entity whose <br />ownership is controlled by the same entity, the City hereby agrees to designate such transaction <br />a pro forma transfer pursuant to Section 21 of Ordinance 99 -�L. <br />B. Franchisee shall file an application to transfer its franchise or to transfer control of <br />franchisee in full compliance with Sections 7 and 21 of Ordinance No. 99 -Y <br />Section 30. Procedures for requesting approval of transfer. <br />In addition to the requirements set forth in Sections 7 and 21 of Ordinance No. 99-6L, the <br />following procedures shall be followed by franchisee in requesting the City's consent to transfer <br />its franchise or to transfer control of franchisee. <br />A. At least 120 calendar days prior to the contemplated effective date of a transfer, <br />franchisee shall submit to the City Manager an application for approval of the transfer. Such <br />application shall include the following: <br />1. A statement of the reason for the contemplated transfer. <br />-22- <br />Cable Franchise Agreement <br />