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HomeMy WebLinkAboutResolution No. 84-21 RESOLUTION 84-21 WHEREAS, on October 20, 1980, the City Council of the City of The Colony, Texas, adopted Ordinance No. 123 granting a cable television franchise to T.V. Cable of The Colony and; WHEREAS, on December 5, 1983, the City Council of the City of The Colony, Texas, by Ordinance No. 270 approved the sale and assignment of the cable television franchise, No. 123 from T.V. Cable of The Colony, to Communications Services Inc. and, WHEREAS, Communications Services Inc., sole shareholder, Tandem Communications Inc., desires to sell, transfer all its shares to CSI Associates Inc; BE IT RESOLVED by the City Council of the City of The Colony, Texas, that, in accordance with Section 7(c) of the cable television Ordinance No. 123, that the City of The Colony, Texas, hereby consents to the transfer of controlling interest of Communications Services Inc., from Tandem Communications Inc., to CSI Associates Inc. CSI Associates Inc., sole shareholder of Commun- ications Services Inc., holder of cable television Ordinance No. 123 of the City of The Colony, Texas, hereby assumes and covenants to perform all the obligations under said franchise and accepts all terms and conditions stated herein. PASSED AND APPROVED this 19th day of November, 1984. La'rr~. Sample, Mayor Attest: Jane~/~add, City Secretary [SEAL]