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R98-173RESOLUTION NO. R98-/~'~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA CONSENTING TO THE ASSIGNMENT OF A COMMUNITY ANTENNA TELEVISION SYSTEM FRANCHISE FROM TELE-MEDIA COMPANY OF SOUTHEAST FLORIDA, A FLORIDA GENERAL PARTNERSHIP (COLLECTIVELY "TELE-MEDIA'~ , TO NATIONAL CITY ACQUISITION ASSOCIATES, L,P,, A DELWARE LIMITED PARTNERSHIP (''NATIONAL GABLE'd; AND PROVIDING AN EFFECTIVE DATE, WHEREAS, the City Commission of the City of Boynton Beach, Florida (the "Franchising Authority'O ordained and enacted a certain Ordinance, dated July 17, 1984, (the "Franchise") granting a nonexclusive franchise to operate and maintain a community antenna television (''CATV'') system within the City of Boynton Beach, Florida and its environs; and WHEREAS, the rights under the Franchise are now held by Tele-Media Company of Southeast Florida, Inc., a Florida corporation ("TMCSEF'O; and WHEREAS, pursuant to Chapter 7(A), Section 7-26(d), of the Franchise, the approval of the Franchising Authority is required to transfer the Franchise; and WHEREAS, TMCSEF is seeking the consent of the Franchising Authority for (i) the assignment of the Franchise to Tele-Media Company of Southeast Florida, a Florida general partnershiP, Tele-Media Investment Partnership, L.P., a Delaware limited partnership (collectively "Tele-Media'~), and (ii) promptly thereafter the assignment of the Franchise by Tele-Media to National City Acquisition Associates, L.P., a Delaware limited partnership (''National Cable''); and WHEREAS, pursuant to the Cable Television Consumer Protection and Competition Act of 1992 (''1992 Cable Act'S, Tele-Media and the Partnership have submitted to the Franchising Authority a Form 394 - Application for Franchise Authority Consent to Assignment or Transfer of Control of Cable Television Franchise; and WHEREAS, the Franchising Authority is willing to consent to the assignment of the Franchise by TMCSEF to Tele-Media and by Tele-media to National Cable. NOW, THEREFORE, BE ~ RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORZDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida does hereby authorize the transfer by TMCSEF to Tele-Media of all of TMCSEF's right, title and interest in, and duties and obligations arising under the Franchise. Section 2. The City Commission of the City of Boynton Beach, Florida does hereby authoriZe the transfer by Tele-Media to National cable of all of Tele-Media's dght~ title and interest in, and duties and obligations arising under the Franchise. Section 3. The City Commission of the City of Boynton Beach, Florida has received with this resolution the required FCC Form 394 - Application for Franchise Authority Consent to Assignment or Transfer of Control of Cable Television Franchise, and other documentary materials required by FCC regulations, state law, or as required by the Franchise. Section 4. hereby confirm: The City Commission of the City of Boynton Beach, Florida does (a) that the Franchise was duly enacted and properly granted, is in accordance with all state and local laws and is validly existing, legally enforceable and in full force and effect; (b) that TIvlCSEF is the holder of all dght, title and interest thereunder; and (c) that there exists no fact or circumstance which with-the passage of time or giving of notice or both would constitute a default under such the Franchise or would permit the Franchising Authority to cancel or terminate the rights under the Franchise, except upon expiration of the full term thereof; and (d) the present term of the Franchise expires July 17, 2004. Section 5. The City Commission of the City of Boynton Beach, Florida does hereby approve this assignment, mortgage, pledge or other encumbrance of the assets of National Cable, including the Franchise, as collateral of any loan to or financing of the Partnership. Section 6. This Resolution shall take effect and be in force from the earliest period allowed by law. PASSED AND ADOPTED this =.~ day of Octoberf :L998. C:~-I'Y OF BOYNTON FLORTDA Mayor erk Commissioner Assignment