Ordinance 2610-02 - Laserfiche WebLink

•( //14..7 ORDINANCE NO. 2610-02 AN ORDINANCE CONSENTING TO CABLE TELEVISION FRANCHISEE'S CHANGE OF CONTROL AND INTERNAL RESTRUCTURING WHEREAS, the City granted Everett Cablevision, Inc., a Washington corporation ("Franchisee") doing business as Viacom Cablevision, a franchise to provide cable television services in the City in Ordinance no. 1140-85; and WHEREAS, the City approved the assignment and transfer of the franchise to an investor group led by Viacom's senior management called Viacom Cablevision of Pacific Northwest, Inc., on December 10, 1986 by Resolution no. 2793; and WHEREAS, City approved a transfer of ownership of the franchise to National Amusements, Inc. on April 15, 1987 by Resolution 2849; and WHEREAS, City approved a change of control of the franchisee to TCI Communications, Inc., on December 6, 1995 by Ordinance 2110-95; WHEREAS, the City consented to the merger of Telecommunications, Inc. ("TCI"), the corporate parent of Viacom,with AT&T Corp. by Resolution 4686 on November 18, 1998; and WHEREAS, the Franchisee is now an indirect subsidiary of AT&T Corp. ("AT&T"), and AT&T intends to merge its cable television operations with Comcast Corporation ("Comcast") to create a new company to be known as AT&T Comcast Corporation ("AT&T Comcast") pursuant to the terms of an Agreement and Plan of Merger dated December 19, 2001 by and among AT&T, AT&T Broadband Corp., Comcast Corporation and certain of their respective affiliates, Ordinance Consenting to Cable Television Franchisee's Change of Control and Internal Restructuring Page 1 of 4