HomeMy WebLinkAboutReso 124-1998RESOLUTION NO. 124-98
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING THE CHANGE OF CONTROL OF THE
CABLE COMMUNICATIONS FRANCHISE
WHEREAS, TCI Cablevision of California, Inc. ("Franchisee") is duly authorized to operate and
maintain a code communications system in South San Francisco, California (the "System") by City of
South San Francisco ("Franchise Authority") pursuant to a franchise (the "Franchise") granted by the
Franchise Authority; and
WHEREAS, pursuant to the Agreement and Plan of Restructuring and Merger among AT&T
Corp. ("AT&T"), a newly formed wholly owned subsidiary of AT&T ("Merger Sub"), and Tele-
Communications, Inc., the parent of Franchisee ("TCI"), dated as June 23, 1998 (the "Merger
Agreement"), Merger Sub will merge with and into TCI with TCI as the surviving corporation in the
merger, and as a result of the transactions contemplated by the Merger Agreement, TCI will become a
wholly owned subsidiary of AT&T (the "Transactions"); and
WHEREAS, Franchisee will continue to hold the Franchise after consummation of the
Transactions; and
WHEREAS, FCC Form 394 with respect to the Transactions has been filed with the Franchise
Authority; and
WHEREAS, the parties have requested consent by the Franchise Authority to the Transactions.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that the City Council hereby:
The Franchise Authority hereby consents to and approves the Transactions to the extent
that such consent is requested by the terms of the Franchise and applicable law.
I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City
Council of the City of South San Francisco at a requl ar meeting held on the 14th day of
October ,1998 by the following vote:
AYES: Councilmembers James L. Datzman, Joseph A. Fernekes, Karyl
Matsumoto, John R. Penna and Mayor Eugene R. Mullin
NOES: None
ABSTAIN: None
ABSENT: None
C:\My Documents\RESO\tci.res.doc
ATTEST:
City Clerk dj