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ORD 1998-13 - Telecable Franchise Transfer 06-14-1998ORDINANCE NO. 98-13 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, APPROVING THE TRANSFER OF THE TELECABLE FRANCHISE OF TEXAS TELECABLE, INC. TO TCA HOLDINGS II, L.P. WHEREAS Texas Telecable, Inc. is the current grantee of a cable television franchise in the City of Huntsville, pursuant to Ordinance 89 -31, dated October 24, 1989; and WHEREAS Texas Telecable, Inc. is restructuring itself into TCA Holdings II, L.P., a wholly owned subsidiary of TCA Cable TV, Inc.; and WHEREAS Such restructuring will result in the transfer of the cable television franchise to TCA Holdings II, L.P., but there will be no change in control over the operation of the franchise; and WHEREAS The City Council of the City of Huntsville finds that such transfer is acceptable. The City of Huntsville does further declare that the aforementioned agreement for a cable television system has not been revoked, rescinded or terminated, and is presently in full force and effect; NOW, THEREFORE, be it ordained by the City Council of the City of Huntsville, Texas, that: SECTION 1: The City of Huntsville hereby approves the transfer of the permit to operate a cable television system in the City of Huntsville to TCA Holdings II, L.P. effective upon the signing of this Ordinance. SECTION 2: This Assignment shall take effect upon receipt by the City of written notice by Texas Telecable, Inc. and acceptance by TCA Holdings II, L.P. that the assignment, sale, or transfer has been consummated and that TCA Holdings II, L.P. agrees to comply with the provisions of the franchise. PASSED and APPROVED this 14' day of July, 1998. T E C Y OF HUNTS ILLE William B. Green, Mayor A ST: Danna Welter, City Secretary APP VE A TO F RM: Scott Bounds, City Attorney