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Ordinance 1975-21ORDINANCE NO. 75-21 ORDINANCE OF THE CITY OF GILROY CONSENTING TO TRANSFER OF A COMMUNITY ANTENNA TELEVISION FRANCHISE FROM GILROY CABLE TV, INC. TO FALCON COMMUNICATIONS WHEREAS, on October 24, 1966, by Ordinance No. 779, the City Council did grant GILROY CABLE TV, INC., a franchise to construct, operate and maintain a community antenna television system within the City of Gilroy; and WHEREAS, on June 2, 1975, the City Council adopted a resolution giving its consent for the owners of all of the outstanding stock of GILROY CABLE TV, INC. to sell and transfer all of said stock to FALCON COMMUNICATIONS, a joint venture composed of ADVANCE BRANDS, INC., a Delaware corporation and FALPRO CORPORATION, a New York corporation; and WHEREAS, FALCON COMMUNICATIONS desires to transfer the franchise of its wholly-owned subsidiary, GILROY CABLE TV, INC., to itself as franchisee and has requested that the Council give its consent to such transfer; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GILROY DOES ORDAIN AS FOLLOWS: Section 1. That the Council does hereby consent to the transfer of the aforementioned community antenna television franchise from GILROY CABLE TV, INC., a wholly-owned subsidiary of FALCON COMMUNICATIONS, to FALCON COMMUNICATIONS. Section 2. That this consent i~ subject to submission by FALCON COMMUNICATIONS of a bond in the amount of Ten Thousand ($10,000.00) Dollars for faithful performance of its obligations and a written acceptance and agreement to comply with all requirements, all in accordance with the terms, conditions and restrictions set forth in -1- ORDINANCE NO. 75-21 Chapter 24, Article III, of the Gilroy City Code or otherwise imposed by law. Section 3. That all ordinances and parts of ordinances in conflict herewith are hereby repealed. Section 4. That this ordinance shall take effect and be in full force thirty (30) days from and after its passage and approval. PASSED AND ADOPTED this 17th day of November, 1975, by the following vote: AYES: NOES: ABSENT: COUNCIIJ4EMBERS: DeBELL, DUFFIN, LINK, PATE, STOUT and GOODRICH COUNCILMEMBERS: NONE COUNCILMEMBERS: CHILDERS __A~OVED: ATTES? j-,.~ City Ci~rk ~ -2- ORDINANCE NO. 75-21 I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do hereby certify that the attached Ordinance No. 7§-21 is an original ordinance, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 17th day of November , 19 7~, at which meeting a quorum wes present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of ..G i l roy, this t~it~~Cierk_of the ~;ity of Gilroy ~ - (sea ! ) 20th day of November ., 19 .7~...