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<br /> );C: I'\c-,v r^'" <br /> Regency Plaza One ~:;>I" ,I"" <br /> /. . Post Office Box 5630 <br /> Suite 600 "1: , /.j, ~"",-F.- Denve~ Colorado 80217 <br /> 4643 S. Ulster Street -') " (303) 721-5500 <br /> Denve~ Colorado 80237 <br /> ~"r:i '~""r-:'nl'f7R[ID <br /> I I . ~:, ill V / .. ~ ~ <br /> L' i ¡ ¡ I \; J I' <br /> .; '-_iLl U !~ <br /> " :3 î:331 <br />- -=== <br />g;j ~TELE.COMMUNICATIONS, INC. ," <br /> '-, <br /> August 1, 1991 <br /> VIA CERTIFIED MAIL <br /> City of San Marcos <br /> cJ 0 City Manager <br /> 630 E. Hopkins <br /> San Marcos, TX 78666 <br />Re: Ordinance adopted June 27, 1988, as amended (the "Franchise Ordinance") <br /> between the City of San Marcos, Texas (the "City") and Karnack Corporation, <br /> a Texas Corporation ("Karnack"), granting the right to operate a cable <br /> television system (the "Franchise") <br /> Ladies and Gentlemen: <br />Until recently, Kamack owned and operated the cable television system which serves <br /> the City pursuant to the terms of the Franchise Ordinance. By Ordinance adopted May 28, <br /> 1991, the City consented to the transfer by Karnack of its interest in and rights under the <br /> Franchise and related assets of the system to TCI Cablevision of Texas, Inc. ("TCIC- TX"), <br /> subject to acceptance by TCIC- TX of the terms of the Franchise Ordinance within 60 days <br /> of the consummation of the sale of the Franchise and related assets of the system to TCIC- <br /> TX. On July 17, 1991, the sale was consummated. <br /> An Equal Opportunity Employer <br />