1962-03-05 - Laserfiche WebLink

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MATTER RE: JEFF. CABLE CORP. ACCEPTANCE - FRANCHISE JEFF. CABLE CORP. COUNC I L CHAMBER - MARCH 5, 1962 THE COUNCIL MET IN REGULAR SESSION ON THIS DATE WITH THE FOLLOWING MEMBERS PRESENT: MR. HAGGERTY~ MR. MOUNT~ MR. PONTON AND MR.. SCRIBNER. ABSENT: MR. LEE. THE MINUTES OF' THE MEETINGS OF FEBRUARY 19s 1962 AND FEBRUARY 26s 1962 WERE READ AND APPROVED. MISS ETHEL ~RWlNj SECRETARY OF THE JEFFERSON CABLE CORPORATIONj APPEARED BEFORE THE COUNCIL AND SUBMITTED CERTIFIED COPIES OF RESOLUTIONS BY JEFFERSON CABLE CORPORATION ACCEPTING THE FRANCHISE. DUE TO UNUSUAL WEATHER CONDITIONS THE PERFORMANCE BOND WITH ~NDEMNITY ~NSURANCE COMPANY OF NORTH AMERICA~ AS SURETY~ REQUIRED BY THE ORDINANCE HAD NOT YET ARRIVED~ BUT SHE STATED IT WAS IN FORCE AND THAT THE LOCAL AGENT HAD SO NOTIFIED THE CITY ATTORNEY. THE WRITTEN ACCEPTANCE WAS RECEIVED AND ORDERED SPREAD IN THE CURRENT MINUTE BOOK. ON MOTION BY MR. PONTON~ SECONDED BY MR. MOUNT~ THE SURETY WAS APPROVED SUBJECT TO APPROVAL OF FORM AND CONDITIONS OF THE PERFORMANCE BOND BY THE CITY ATTORNEY. ~'THIs IS TO CERTIFY THAT THE FOLLOWING IS A TRUE COPY OF A RESOLUTION ADOPTED BY THE BOARD OF DIRECTORS AND BY THE STOCKHOLDERS OF JEFFERSON CABLE CORPORATION AT THEIR RESPECTIVE DULY HELD MEETINGS ON MARCH 3~ 1962: NHEREAS~ AN ORDINANCE WAS ADOPTED BY THE CITY COUNCIL OF THE CITY OF CHARLOTTESVILLE~ VIRGINIA} ON NOVEMBER 6~ 1961~ AUTHORIZING JEFFERSON CABLE CORPORATION~ A CORPORATION ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF VIRGINIA~ AND HAVING ITS PRINCIPAL PLACE OF BUSINESS IN CHARLOTTESVlLLE~ VIRGINIA~ ITS SUCCESSORS AND ASSIGNS~ THE RIGHT AND PRIVILEGE OF ERECTING AND MAINTAINING WlRES~ CABLES~ AMPLIFIERS AND OTHER APPLIANCES AND EQUIPMENT OVER~ UNDER AND ALONG THE STREETS~ ALLEYS AND PUBLIC PLACES FOR THE PURPOSE OF OPERATING A COMMUNITY TELEVISION ANTENNA SYSTEM FOR TNE USE OF RESIDENTS AND CITIZENS OF THE CITY OF CHARLOTTESVILLE~ AND IN SO OPERATING TO USE THE PROPERTY OF OTHER HOLDERS OF FRANCHISES~ AS MAY BE AGREED UPON~ ~EREAS~ IT IS DESIRED TO ACCEPT SAID FRANCHISE~ AND TO EXPRESS IN WRITING SAID ACCEPTANCE~ NOW~ THER£FORE= BE IT RESOLVED THAT JEFFERSON CABLE CORPORATION DO ACCEPT SAID FRANCHtS£~ AS SET FORTH IN THE AFORESAID ORDINANCE~ AND THAT AN ATTESTED COPY OF THIS RESOLUTION BE FILED WITH THE CITY ~ANAGER OF THE CiTY OF CHARLOTTESVILLE~ VIRGINIA~ AS ITS WRITTEN ACCEPTANCE~ FURTHER RESOLVED THAT THE PRESIDENT OR VICE-PRESIDENT OF THE CORPORATIONj EITHER OF WHOM MAY ACT~ BEj AND HEREBY IS~ AUTHORIZED AND DIRECTED TO EXECUTE oN BEHALF OF JEFFERSON CABLE CORPORATION A BOND IN FAVOR OF THE CITY OF CHARLOTTESVILLE, VIRGINIA~ IN THE SUM OF FIFTY THOUSAND DOLLARS ($50~000.00) CONDITIONED TO THE EFFECT THAT THE JEFFERSON CABLE CORPORATION WILL CONSTRUCTj PUT INTO OPERATION AND MAINTAIN THE COMMUNITY ANTENNA TELEVISION SYSTEM PRO- VIDEO FOR IN SAID ORDINANCE AND REASONABLY NECESSARY FOR THE EXERCISE OF THE RIGHTS AND PRI'VILEGES GRANTED IT IN AND BY SAID ORDINANCE~ ~ND WILL MAINTAIN THE SAME IN GOOD ORDER THROUGHOUT THE TERM OF SAID GRANT~ AND WILL COMPLY WITH THE TERMSj PROVISIONS AND CONDITIONS OF SAID ORDINANCE IN ALL RESPECTS~ AND THAT THE SECRETARY OF THE CORPORATION BE~ AND HEREBY tS~ AUTHORIZED AND DIRECTED TO AFFIX AND ATTEST THE CORPORATE SEAL OF THE CORPORATION THERETO~ FURTHER RE~OLVED THAT THE PRESIDENT OR VICE PRESIDENT~ EITHER OF WHOM MAY ACT~ AND SECRETARY~ BE~ AND THEY HEREBY ARE AUTHORIZED TO TAKE SUCH OTHER AND FURTHER ACTION AND EXECUTE SUCH FURTHER AND OTHER INSTRUMENTS AS MAY BE REQUISITE TO RENDER SAID FRANCHISE EFFECTIVE.