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HomeMy WebLinkAboutOrdinance No. 312 CITY OF THE COLONY, TEXAS ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, CONSENTING TO THE SALE OF THE VOTING STOCK OF COMMUNICATIONS SERVICES, INC., GRANTEE OF THE CABLE TELEVISION FRANCHISE PURSUANT TO ORDIN- ANCE NO. 123 PASSED AND APPROVED BY THE CITY COUNCIL ON OCTOBER 20, 1980; PROVIDING A SEVERABILITY CLAUSE; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on October 20, 1980, the City Council of the City of The Colony, Texas, adopted Ordinance No. 123, as amended, granting a cable television franchise to TV Cable of The Colony, Inc; and WHEREAS, on December 5, 1983, the City Council of the City of The Colony, Texas, by Ordinance No. 268 approved the sale and assignment of the said cable television franchise from TV Cable of The Colony to Communications Services, Inc.; and WHEREAS, Tandem Communications Inc., the sole shareholder of Communications Services, Inc. desires to sell and transfer 100% of the voting stock to CSI Associates Inc., in accordance with the letter submitted to the City and attached hereto as Exhibit "A", and which is incorporated herein; and WHEREAS, the City Council has reviewed the qualifications of CSI Associates Inc. and finds that CSI Associates possesses the necessary qualific- ations; and WHEREAS, Communications Services, Inc. has confirmed that there shall be no sale, transfer, or assignment, in whole or in part, of the franchise or of any of the property or assets of Communications Services, Inc.; and WHEREAS, the City Council has expressed its desire to consent to the said sale and transfer of the voting stock of Communications Services, Inc. by the passage of Resolution No. 84-21 on November 19, 1984, which expression of intent the City Council desires to put in ordinance form. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That all of the above premises are found to be true and correct and are incorporated into the body of this Ordinance as if copied in their entirety. Section 2. That, in accordance with Section 7(c) of the cable television Ordinance No. 123, as amended, that the City Council of the City of The Colony, Texas, hereby consents to the transfer of 180% of the voting stock of Communications Services Inc., from Tandem Communications Inc., to CSl Associates Inc. Section 3. That CSI Associates Inc., the proposed sole shareholder of Communications Services, Inc., the Grantee under the cable television franchise ordinance Ordinance No. 123, as amended, of the City of The Colony, Texas, hereby agrees and covenants that Communications Services, Inc. shall perform all the obligations under said franchise and accepts all terms and conditions stated therein. Section 4. If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance or application thereto any person or circumstance is held invalid or unconstitutional by a Court of competent jurisdiction such holding shall not affect the validity of the remaining portions of this Ordinance; and the City Council hereby declares it would have passed such remaining portions of this Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. Section 5. That the fact that the present ordinances and regulations of the City of The Colony, Texas are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the inhabitants of the City of The Colony, Texas, creates an emergency for the immediate preservation of public business, property, health, safety and general welfare of the public and that this Ordinance shall become effective from and after its passage. PASSED AND APPROVED this _~C~-day of '~ ¢~.~, 1984. ATTEST: ~/~r~tary [SE.~L] APPROVED AS TO FORM: City Attorney /~ November 19, ~984 The Mayor and City Council City of The Colony 5576 North Colony The Colony, Texas 75056 Dear Mayor and City Council: CSI Associates, Inc., sole shareholder of Communications Services Inc., holder of Franchise No. 123 states and affirms that it has read Ordinance No. 123 and by this letter accepts all the terms and conditions as set forth in Ordinance No. 123 adopted October 20, 1980, by the.City Council of the city of The Colony, Texas. Sincerely, Richard L. Thiessen Vice President cc: E. L. Musser Regional Manager