Ordinance 2002-1390 - Laserfiche WebLink

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ORDINANCE NO. 1390 SERIES 2002 AN ORDINANCE CONSENTING TO THE TRANSFER OF CONTROL OF THE CITY'S CABLE TELEVISION SYSTEM FRANCHISEE TO AT&T COMCAST CORPORATION. WHEREAS, by Ordinance No. 1197, Series 1995, the City of Louisville, Colorado granted to Scripps Howard Cable Company a ten-year franchise to own and operate a cable television system in the City effective September 18, 1995 (the "Franchise"); and WHEREAS, pursuant to Ordinance No. 1215, Series 1996, the City consented to the transfer of control of the Franchise to Comcast Corporation; and WHEREAS, pursuant to Ordinance No. 1351, Series 2000, as amended by Ordinance No. 1357, Series 2001, the City consented to the transfer of control of the Franchise to Comcast Cablevision of Colorado I, LLC, a subsidiary of TCI Atlantic, Inc. ("Franchisee"); and WHEREAS, Franchisee is a subsidiary of, and is controlled by, AT&T Corp. (AT&T); and WHEREAS, AT&T intends to merge with Comcast Corporation ("Comcast") to create a new company to be known as AT&T Comcast Corporation; and WHEREAS, the Franchise requires the City's consent to any transfer of ownership or control thereof; and WHEREAS, AT&T has entered into an Agreement and Plan of Merger dated December 19, 2001 (the "Merger Agreement") by and among AT&T Corp., AT&T Broadband Corp., Comcast Corporation and certain of their respective affiliates, and a Separation and Distribution Agreement dated December 19, 2001 by and between AT&T Corp. and AT&T Broadband Corp. (the "Merger"); and WHEREAS, this merger will effect a change of control of the Franchisee pursuant to the Franchise; and WHEREAS, pursuant to the Franchise and 47 U.S.C. ' 537, as amended, AT&T and Comcast have requested the City approve the transfer of control of the Franchisee from AT&T to AT&T Comcast; and