RES 1979-12 - 00006644RESOLUTION NO. 12 -1979
TRANSFERRING THE OWNERSHIP AND CONTROL OF THE FRIDLEY
CABLE COMMUNICATIONS SYSTEM AND FRANCHISE TO STORER
CABLE TV OF DELAWARE, INC.
WHEREAS, Storer Broadcasting Company, by and through its wholly -owned
subsidiary Storer Cable TV of Delaware, Inc. has requested the City Council of
1 Fridley, Minnesota to approve the transfer of ownership and control of the
Fridley cable communications system and franchise from General Television,
Inc.; and
WHEREAS, Storer Broadcasting Company intends to merge General Television,
Inc. into Storer Cable Television of Delaware, Inc. under the terms of an
agreement now scheduled to close on February 15, 1979; and
WHEREAS, the Notice required by state rules are duly published; and
WHEREAS, the Fridley CATV Advisory Commission held a public hearing on the
transfer Jan. 9, 1979 and discussed it:at their meeting of January 16, 1979; and
WHEREAS, the Fridley CATV Advisory Commission voted to recommend approval
of the transfer; and
WHEREAS, the Fridley CATV Advisory Commission voted to recommend certain
franchise ordinance amendments; and
WHEREAS, Fridley City Council intends to hold public hearings on the
franchise ordinances in the future; and
WHEREAS, the Fridley CATV Advisory Commission has inquired into the
financial ability, technical ability, and good character of Storer Broadcasting
Company;
THEREFORE, the City Council of the City of Fridley, Minnesota does hereby
approve the transfer of ownership and control of the Fridley cable communica-
tions system and franchise to Storer Cable TV of Delaware, Inc., a wholly -owned
subsidiary of Storer Broadcasting Company.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 22ND
DAY OF JANUARY, 1979.
WILLIAM J. NE MAYOR
ATTEST:
MARVIN C. BRUNSELL - CITY CLERK