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<br />- <br />~ 7 <br />u- <br />~ ORDINANCE NO. 1991 - 23 <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, APPROVING THE TRANSFER <br />OF THE EXISTING CABLE TELEVISION FRANCHISE <br />FROM KARNACK CORPORATION TO TCI CABLEVISION OF <br />~ TEXAS, INC.¡ PROVIDING THAT THIS TRANSFER <br />~ SHALL BE SUBJECT TO ALL EXISTING TERMS OF THE <br />~ CABLE TELEVISION FRANCHISE¡ PROVIDING FOR <br />.-~ WRITTEN ACCEPTANCE TO BE FILED BY TCI <br />CABLEVISION OF TEXAS, INC. ¡ AND PROVIDING AN <br />EFFECTIVE DATE. <br /> <br />WHEREAS, in Ordinance 1988-48, the City Council of the City of <br />San Marcos, Texas, granted to the Karnack Corporation of San Marcos, <br />Texas (Karnack) a non-exclusive franchise (Franchise) to operate a <br />city-wide cable television signal distribution service, subj ect to <br />certain specific terms and conditions¡ and, <br /> <br />WHEREAS, Section 14 of Ordinance 1988-48 authorizes Karnack to <br />transfer the Franchise subject to the written approval of the City <br />Council¡ and, <br /> <br />WHEREAS, Karnack has requested the approval of the City Council <br />for the transfer of the Franchise to TCI Cablevision of Texas, Inc. <br />(Cablevision), a corporation organized under the laws of the State of <br />Texas and having its principal place of business in Dallas, Texas ¡ <br />and, <br /> <br />t'lHEREAS, the City Council is satisfied that the information <br />presented by Cablevision shows it to have the financial <br />responsibility necessary to assume Karnack I s obligations under the <br />Franchise. <br /> <br />NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS: <br /> <br />SECTION 1. That, subject to all of the existing terms and <br />conditions of the Franchise, approval is hereby given to the transfer <br />of the Franchise from Karnack to Cablevision <br /> <br />SECTION 2. That Ordinance No. 1988-48 of the City Council of <br />the City of San Marcos, Texas, is hereby amended by substituting the <br />terms "TCI Cablevision of Texas, Inc." and "Cablevision" for the <br />terms "Karnack Corporation" and "Karnack," respectively, wherever the <br />latter appear in the ordinance, and by amending Section 1.Ø2 of the <br />ordinance to read as follows: <br /> <br />1.Ø2 "Cablevision" is TCI Cablevision of Texas, Inc., a <br />corporation with its principal place of business in Dallas, <br />Texas. <br /> <br />SECTION 3. Cablevision assumes only those obligations of <br />Karnack, with respect to indemnification and waiver and the making of <br />payments to the City, which accrue from and after the effective date <br />of this ordinance, except that Cablevision assumes Karnack IS <br />obligation to pay franchise fees under Section 15.Øl of the <br />Franchise, including such fees as are outstanding as of the effective <br />date of this ordinance. <br /> <br />SECTION 4. That the approval to transfer the existing cable <br />television franchise from Karnack Corporation to TCI Cablevision of <br />Texas, Inc., and the amendments to such franchise described in <br />Section 2 above, shall be null and void unless Cablevision files its <br />written acceptance of the terms and conditions of the cable <br />television franchise ordinance, Ordinance No. 1988-48, and of this <br />ordinance, within sixty (6Ø) days after consummation of the sale of <br />the Franchise and related assets by Karnack to Cablevision, or by <br />December 31, 1991, whichever occurs first. <br /> <br />SECTION 5. The City hereby confirms that: (a) the Franchise was <br />properly granted¡ (b) the Franchise is in accordance with all <br />federal, state and local laws¡ (c) the Franchise is validly existing <br />and in full force and effect¡ and (d) there presently exists no fact <br />or circumstance which constitutes or which, with the passage of time <br />or the giving of notice or both, would constitute a default under the <br />Franchise or entitle the City to cancel or terminate the rights <br />thereunder, except upon the expiration of the full term thereof. <br />