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HomeMy WebLinkAbout1999-243 , . , 1 RESOLUTION NO. 1999-243 2 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING THE INTERNAL RESTRUCTURING 3 OF COMCAST CABLEVISION 4 WHEREAS, Comcast Cablevision of San Bernardino, Inc" a Delaware corporation 5 ("Grantee") is the holder of a cable television franchise issued by the City of San Bernardino("City"); 6 and 7 WHEREAS, the Grantee has advised the City that it wishes to merge with its parent 8 corporation, Comcast Cablevision Corporation of California; and 9 WHEREAS, based on the Grantee's representation that such change is for internal 10 administrative convenience only and that the City cannot unreasonably withhold its approval, the City 11 has no objection to the proposed internal restructuring; 12 13 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL 14 OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 15 Section 1. The above recitals are true and correct. 16 Section 2, The Mayor and Common Council hereby approves of the merger of Comcast 17 Cablevision of San Bernardino, Inc, With Comcast Cablevision Corporation of California provided 18 that such approval is not to be construed as an approval of a transfer of the franchise to any party 19 other than Comeast Cablevision Corporation of California nor a waiver of the City's right to approve 20 any further transfer or change in control ofthe franchise, 21 III 22 III 23 III 24 III 25 III 26 III 27 III 28 III 1 . , 1999-243 1 2 3 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING THE INTERNAL RESTRUCTURING OF COM CAST CABLEVISION I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor and 4 Common Council of the City of San Bernardino at a joint regular 5 held on the 4th day of October meeting thereof, , 1999, by the following vote, to wit: AYES The foregoing Resolution is hereby approved this 6 COUNCIL MEMBERS: 7 ESTRADA 8 LIEN 9 McGINNIS 10 SCHNETZ 11 (VACANT) - 5th Ward 12 ANDERSON 13 MILLER 14 15 16 x x x x x x 17 18 19 20 21 Approved as to form and legal content: 22 JAMES F, PENMAN, 23 City Attorney 24 25 26 27 28 NAYS ABSTAIN ABSENT 1\ 1-' ,4lrwL liJrtJ}tUy!(' CITY CLERK Optober I iu/ ,1999, L T ALLES, Mayor of San Bernardino , ~ 2 , Comcast Corporation I --~--, Corneas! cable Communications, Inc. /---_....'---.-_----....., ) -~ F .. s ,00% ComessIClble'lII$icnd SIlI1Berrelino,lrlc. - -.----. 100% 1999-243 100% Comcast Holdings, Inc, L-- ------~ ( alllOle~ ~! 100% II Comc:ast~siorlof SlI'ta.Anl.1nc ~~-- ( ) ----_..-/ '00% Corneasl cablevislon Corporation of california I 'l Liquidation of California Legal Entities Into Com cast Cablevision Corporation of California Before Liquidations 100% Each of these subsidiary corporations will be liquidated into their sole shareholder Corneast Cablevision Corporation of California -~" (___ oaBIIIe ) rRt.......:": (~~ '~-' 100% '00% Comt8st CabIe'flscn I I Comc::BStClbleo.;$ia1 ofNewp<rlBeactl,h::. ofOYQeCOtrty,h:. -~- --~ , '~ Cable ) ~ Cabl~~ ) , -j:.ranchlseS _.... '00% 100% C~Calllelllsion I I CQmCaStClbIlI'lAsiOlld of SUI BeIild1, Inc. S1n1\hJfIoJ,ln:. : : , -'--...... ,- ( , ) , ------------- 1999-243 ~omcast <: Fp~ratloR ""'" Liquidation of California Legal Entities Into Corneast Cablevision Corporation of California omcas a e Communications, After Liquidations 1100% comcaS1:ldm9S' I 10'" om cas Cablevision Corporation of 100% : /----~, / California Cable " ) // Franchises ~/ -------------------------