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HomeMy WebLinkAboutRES 2497 ..F CITY OF RENTON, WASHINGTON RESOLUTION NO . 2497 A RESOLUTION GRANTING APPROVAL OF THE TRANSFER OF FRANCHISE OF CLEARVIEW T.V. CABLE TO GROUP W CABLE . WHEREAS Clearview T.V . Cable holds a cable television franchise in Renton , Washington, and WHEREAS under the terms of Section 17 of City of Renton Ordinance No . 3137 , any transfer , lease, .sale, merger or consolidation of such a franchise must be approved by the City Council of the City of Renton, and WHEREAS under the terms of that same Ordinance a public hearing was necessary and was held on February 28 , 1983 , and WHEREAS Group W Cable has agreed to voluntarily take the following actions in order to convince the City Council that this transfer of franchise should be approved : 1 . The Clearview T.V. Cable System will be upgraded to a status equal to or greater than the present system maintained by Group W throughout the rest of the City of Renton within twenty- four (24) months . 2 . Group W will not request a rate increase for this franchise until the system has been upgraded as referenced in the prior subsection. 3 . The bond for this franchise will be increased to $15, 000 . 00 and liability insurance will be increased to the face amount of $1 , 000 , 000 . 00 with limits of not less than $500 , 000 . 00 per incident , $1 , 000 , 000 . 00 cumulation for both property injury and bodily injury . THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS : 40d .mow SECTION I : The above recitals are found to be true and correct in all respects . SECTION II : The transfer of the Clearview T.Y . Cable Franchise to Group W Cable is found to not be in violation of the public interest . SECTION III : The City of Renton hereby grants its permission for the transfer of the franchise held by Clearview .T.V. Cable with the City of Renton to Group W Cable , under the same terms and- conditions as the original franchise of Clearview T.V. Cable . PASSED BY THE CITY COUNCIL this 21st day of March, 1983 . yZ Maxine E. ' Motor , _ City Clerk APPROVED BY TITLE MAYOR this 21st day of March , 1983 . �•OuLloa� .S �v Barbara Y. Shinpocft, Mayor Approved as to form: Lawrence J. W ren, City Attorney