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RESOLUTION NO. 5336
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ARCADIA GRANTING A CONDITIONAL
ELEVEN DAY EXTENSION TO THE TRANSFER OF THE
ARCADIA CABLE TELEVISION SYSTEM FROM GROUP W
CABLE, INC. TO DANIELS AND ASSOCIATES, INC.
WHEREAS, on May 20, 1986, the City Council of the
City of Arcadia adopted Resolution No. 5295, A Resolution
of the City Council of the City of Arcadia, Granting
Conditional Approval of the Transfer of the Arcadia Cable
Television System which authorizes the transfer of the
Arcadia cable television system from Group W Cable to
a consortium of cable television companies;
WHEREAS, Resolution No. 5295 contained conditions
requiring that the consortium of cable television compa-
nies transfer all ownership of the Arcadia cable televi-
sion system to Daniels and Associates, Inc. prior to
December 20, 1986;
WHEREAS, Resolution No. 5295 contained provisions
allowing an extension to the December 20, 1986, transfer
date provided that the transferee demonstrated good faith
and good cause for the extension to the satisfaction
of the City;
WHEREAS, Resolution No. 5295 required that any exten-
sion would be enacted by Resolution of the Arcadia City
Council;
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5336
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA, DOES HEREBY RESOLVE AND DETERMINE
AS FOLLOWS:
SECTION I. That the transfer of ownership date
as detailed in Section lC of Arcadia City Resolution
No. 5295 be extended so that the transfer date is six
months and eleven days (December 31, 1986) after the
effective date of Resolution No. 5295.
SECTION 2. Group W Cable hereby agrees to transfer
all stock, assets and control of the Arcadia cable tele-
vision system to Daniels and Associates, Inc. by December
31, 1986.
SECTION 3. In the event that all stock, assets
and control of the Arcadia cable television system is
not transferred to Daniels and Associates, Inc. by Decem-
ber 31, 1986, Group W Cable may request an extension
to the transfer date subject to the extension provisions
contained in Resolution No. 5295.
SECTION 4. That the City Clerk shall certify to
the adoption of this Resolution.
Passed, approved and adopted thisl6thday of December
1986.
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City Clerk of the City of
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Mayor of he Cit of Arc ia
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5336
STATE OF CALIFORNIA)
COUNTY OF LOS ANGELES) SS:
CITY OF ARCADIA)
I, CHRISTINE VAN MAANEN, Clerk of the City of Arcadia,
hereby certify that the foregoing Resolution No. 5336 was
passed and adopted by the City Council of the City of Arcadia,
signed by the Mayor and attested to by the City Clerk at a
regular meeting of said Council held on the 16th day of December
1986, and that said Resolution was adopted by the following
vote, to wit:
AYES:
Councilman Chandler, Gilb, Harbicht, Lojeski and Young
NOES:
None
ABSENT: None
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City Clerk of the City of Arcadia
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5336