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Ordinance 2139CITY OF ALAMEDA ORDINANCE NO. 2139 New Series AN ORDINANCE PERDIITTING LIMITED TRANSFER OF CABLE FRANCHISE FOR PURPOSES OF BRINGING IN LIMITED PARTNERS ONLY TO FINANCE THE CONSTRUCTION OF THE ALAMEDA SYSTEM WHEREAS, the City of Alameda has entered into a franchise agreement with United Cable Television of Alameda, Ordinance No. 2096 N.S.; and WHEREAS, United Cable Television of Alameda has determined that financing the system can best be done by offering limited partnerships, among other things; and WHEREAS, the enabling ordinance requires that any transfer be approved by ordinance; and WHEREAS, limited partnerships will not alter the adminis -- tration or operation of the franchise; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ALAMEDA as follows: Section 1. That United Cable Television of Alameda is hereby granted permission to sell limited partnerships only, retaining full operating control, and only for purposes of financing the Alameda system, and may assign its rights and obligations to said franchise to a limited partnership in which the sole general partner shall be United Cable Television of Alameda. S ect ion 2 . That the permission granted by this ordinance to United Cable Television of Alameda is conditioned as follows: (1) That United submit, within sixty (60) days after signing the agreement with Times Fiber, revised pro forma on fiber optics and the rate change; (2) That United supply for the Council's review, new system operations standards for fiber optics to compare with existing standards; (3) That United's contractual /legal liabilities are not changed. S ection 3 . That United meet all other contractual agree- ments and deadlines. 6/21/83 -1- Section 4. This ordinance shall be in full force and effect from and after the expiration of thirty (30) days from the date of its final passage. Presiding Officer of the Council Attest: cL) City Clerk O Q. CL I, the undersigned, hereby certify that the foregoing Ordinance was duly and regularly ziopted and passed by the Council of the City of Alameda in regular meeting assembled on the 21st of June, 1983, by the following vote to wit: AYES: Councilmembers Gorman, Hanna, Lucas, Monsef and President Diament -5. NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 22nd day of June, 1983. City Llerk of the City �..e