HomeMy WebLinkAbout12-056 - Resolutions RESOLUTION NO. 12-056
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA CONSENTING TO THE CHANGE IN
OWNERSHIP AND CONTROL OF NEXTG NETWORKS OF
CALIFORNIA, INC.
A. Recitals.
(i) NextG Networks of California, Inc., a wholly owned subsidiary of NextG
Networks, Inc., a Delaware corporation, is a party to that certain Right-of-Way Use Agreement
dated November 19, 2008 ("Agreement'), entered into with the City of Rancho Cucamonga.
(ii) On or about December 15, 2011, NextG Networks, Inc. and Crown Castle
International Corporation entered into an agreement whereby NextG Networks, Inc., will be
wholly owned by Crown Castle Solutions Corporation, a subsidiary of Crown Castle
International Corporation.
(iii) Although there is a change of ownership as to its parent company, NextG
Networks of California, Inc. will continue to be a party to the Agreement and will remain primarily
responsible for performance thereunder.
(iv) Section 11 of the Agreement requires consent of the City Council as to any
change of ownership affecting NextG Networks of California, Inc.
(v) It is the intent of the City Council in adopting this Resolution, to consent to the
change of ownership affecting control of NextG Networks of California, Inc., as described in
Recitals, above.
(vi) All legal prerequisites to the adoption of this Resolution have occurred.
B. Resolution.
NOW, THEREFORE, the City Council of the City of Rancho Cucamonga hereby finds
and resolves as follows:
1. Based upon the representations of legal counsel for NextG Networks of
California, Inc., made on behalf of NextG Networks of California, Inc. and Crown Castle
Solutions Corporation, the facts set forth in the Recitals, Part A, above, are true and correct and
are made a part of this Resolution.
2. The City Council consents to the change in ownership and control described in
the Recitals, Part A, above.
3. The City Clerk shall certify to the adoption of this Resolution.
Please see the following page
for formal adoption,certification and signatures
PASSED, APPROVED, AND ADOPTED this 18'" day of April 2012.
AYES: Alexander, Buquet, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
L. Dennis—Michael, May
ATTEST:
.Ofiice C. Reynolds, CiVy Clerk
I, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga,
California, do hereby certify that the foregoing Resolution was duly passed, approved and
adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting
of said City Council held on the 18'" day of April 2012.
Executed this 19'h day of April 2012, at Rancho Cucamonga, California.
ice C. Reynolds, Ci y Clerk
Resolution No. 12-056 - Page 2 of 2