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HomeMy WebLinkAboutResolution 99-152-CC . � BOARD OF COUNTY COMMISSIONERS Grant County, Washington A RESOLUTION AUTHORIZING THE ) TRANSFER OF CABLE TELEVISION ) RESOLUTION NO. 99 -15�CC FRANCHISE TO USA MEDIA GROUP, LLC ) ) ) ) ) ) ) ) BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF GRANT COUNTY, WASHINGTON, as follows: Recitals: WHEREAS,Pacific Sun Cable Partners,L.P.,a California limited partnership doing business in the State of Washington, (FRANCHISEE), currently owns a cable television franchise in Grant County, Washington, (FRANCHISE), granted by Grant County, Washington (FRANCHISING AUTHORITY),pursuant to Grant County Resolution No. 90-87-CC, on August 28, 1999; and WHEREAS,USA Media Group,LLC(BLTYER),a Delaware limited liability company doing business in the State of Washington, has entered into an Asset Purchase Agreement with FRANCHISEE,providing for the sale,transfer,assignment and conveyance of FRANCHIEE's cable television assets, including the FRANCHISE, subject to the consent of the FRANCHISING AUTHORITY; and RESOLUTION TRANSFERRING CABLE TV FRANCHISE - 1 RESOLUTION\CABLE-TV.usa WHEI2EAS,the FRANCHISING AUTHORITY has received a request for approval to assign the FRANCHISE from the FRANCHISEE to BLTYER; and BE IT RESOLVED,that the sale,transfer and assignment of the rights,responsibilities and benefits of the FRANCHISE from FRANCHISEE to BiJYER is hereby permitted and approved, contingent upon finalization of the sale and transfer, and receipt by the FRANCHISING AUTHORITY of a fully executed document wherein BLTYER agrees to faithfully perform and cai�ry out all terms, conditions and provisions of Grant County's CATV ordinance; and BE IT FURTHER RESOLVED, that BUYER may, at any time and from time to time, assign or grant or otherwise convey one or more liens or security interests in its assets, including its rights,obligations and benefits in and to the FRANCHISE(the"Collateral")to any lender("Secured Pai�ty") providing financing to TRANSFEREE, from time to time, that the FRANCHISING AUTHORITY agrees that consent to a transfer is hereby deemed approved if the Collateral is assigned and transferred as a result of a foreclosure; and BE IT FURTHER RESOLVED, that the FRANCHISE (and the related Grant County CATV ordinance) is in full force and effect without default thereunder by the FRANCHISEE to the date hereof in accordance with its terms and conditions as set forth therein and that no breach has occurred or is continuing under the FRANCHISE. RESOLUTION TRANSFERRING CABLE TV FRANCHISE - 2 RESOLUTION\CABLE-TV.usa PASSED AND ADOPTED by the Board of County Commissioners of Grant County, Washington, this 2gt''day of September, 1999. BOARD OF COUNTY COMMISSIONERS GRANT COUNTY, WASHINGTON _�( � �t ����:� Tim Snead Chair LeRoy C. Allison, Member � � Deborah Kay Moo• , ember ATTEST: `��•J 1 � Peggy G g'�Clerlc of the ard APPROVED AS TO FO . � ` �,r'', - 1-�, Pr cuti ttorney RESOLUTION TRANSFERRING CABLE TV FRANCHISE - 3 RESOLUTYON\CABLE-TV.usa