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HomeMy WebLinkAbout99-147 - ResolutionsRESOLUTION NO. 99-147 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING THE INTERNAL RESTRUCTURING OF COMCAST CABLEVISION OF THE INLAND VALLEY, INC. WHEREAS, Comcast (::;ablevision of Rancho Cucamonga, Inc,, a Delaware Corporation ("'Grantee"), is the holder of a cable television franchise issued by the City of Rancho Cucamonga (the "City"); and WHEREAS, the Grantee t'~as advised the City that it wishes to merge with its parent corporation, Comcast Cablevision Corporation of California; and WHEREAS, based on the,, Grantee's representation that such change is for internal administrative convenience only, the City has no objection to the proposed internal restructuring. NOW THEREFORE, be it resolved by the City Council of the City that: 1. The City hereby app~,'oves of the merger of Comcast Cablevision of Rancho Cucamonga, Inc., with Comcast Cablevision Corporation of California provided that such approval is not to be construed as an approval of a transfer of the franchise to any party other than Comcast Cablevision Corporation of California nor a waiver of City's right to approve any further transfer of change in control of the franchise. PASSED, APPROVED, AND ADOPTED this 7th day of July, 1999. Alexar'~der, Biane, Curatalo, Dutton, Williams AYES: NOES: None ABSENT: None ABSTAINED: None William J. Alexa/r, Mayor Resolution No. 99-147 Page 2 ATTEST: Debra J. CMC, City Clerk I, DEBRA J. ADAMS, 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 7TM day of July, 1999. Executed this 8th day of July, 1999, at Rancho Cucamonga, California. Debra J. Adams, City Clerk I Commun'm:ations, Inc. I I I Corporation of California Liquidation of California Legal Entities ~to Corncast Cablevision Corporation of California Before Liquidations Each of these subsidiary corporations wdl be liquidated into their sole shareholder Comcast Cablevision Cor[~oration of Califomia Lo~, Inc. of Newp<~t I11oo~ 1 lOO% Comcast ¢erp~r~tien ~oo~ Comcast Cable Communic~ons, Comcast Cabinvision Corporation of Gaffft...ia ', California Cable Franchises Liquidation of California Legal Entities into Comcast Cablevision Corporation of California After Liquidations