HomeMy WebLinkAbout965RESOLUTION NO. 9 66
A RESOLUTION of the City Council
of the City of Kent, washington, granting
approval of an internal corporate re-
organization involving Teleprompter Corpor-
ation and its wholly-owned subsidiaries
WHEREAS, Northwest Cablevision, Inc. ("Northwest"),
a subsidiary of Teleprompter Corporation ("Teleprompter"), is
the cable television franchisee in Kent, Washington; and
WHEREAS, on August 18, 1981, Westinghouse
Broadcasting Company, Inc., a subsidiary of Westinghouse
Electric Corporation ("Westinghouse"), acquired control of
Teleprompter; and
WHEREAS, it is proposed that the wholly-owned
subsidiaries of Teleprompter be reorganized into Teleprompter,
which would be reorganized into Group W Cable, Inc., its
parent corporation, as set forth in a letter application dated
February 22, 1982; and
WHEREAS, approval has been requested as to the
proposed transactions; and
WHEREAS, Group W Cable, Inc. has agreed to become a
signatory to the franchise agreement between the City and
Teleprompter, NOW, THEREFORE
BE IT RESOLVED by the City of Kent, Washington as
follows:
Section 1. The City of Kent hereby grants its
approval, as requested, to permit the reorganization of
Northwest into Teleprompter and of Teleprompter into Group W
Cable, Inc., its parent corporation, all as set forth in the
letter application dated February 22, 1982.
PASSED BY THE CITY COUNCIL of the City of Kent,
Washington at a regular meeting this /'1 day of April, 1982.
I ,, ,/ ~~
ISABEL HOGAN~e
ATTEST:
~~
MARIE JE~~y CLERK
APPROVED AS TO FORM·
.---···
Barbara Heavey, ity Attorney
I hereby certify that this is a true copy of
Resolution No. i(b~, passed by the City Council of the City
of Kent, Washington the l..;.t;.b···'-day·· .. of .. ::June:c·l98.L .......... .
;.c;a:L J,-3 ?5 8__.... .. ~~·-; .. ;·rs: ~-~o
~~
MARIE JEN , CITY CLERK (SEAL)
1623-44A
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