Res 95-84 RESOLUTION NO. 95-80
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY
BEACH PURSUANT TO CHAPTER 10, SECTION 10-1g AUTHORIZING A
TRANSFER OF THE CABLE TELEVISION FRANCHISE FROM DENN-
TRONICS CABLE, INC., A FLORIDA CORPORATION TO SUNBELT-
DENNTRONICS~ LTD., A LIMITED PARTNERSHIP ORGANIZED UNDER
THE LAWS OF THE STATE OF FLORIDA AND HAVING AUTHORITY
TO DO BUSINESS AS SUCH LIMITED PARTNERSHIP IN THE STATE OF
FLORIDA.
WHEREAS, the current cable franchise is held by Denntronics Cable, Inc., a Florida
Corporation, and
WHEREAS, the current franchise holder, Denntronics Cable~ Inc., seeks to transfer
its franchise to a limited partnership in which one of the two principles of Denntronics Cable, Inc., will
be a limited partner and General Manager, and
WHEREAS, Chapter 10, Cable Television Franchise of the Code of Ordinances of the
City of Delray Beach requires in Section 10-15 that any transfer of the franchise be approved by a
resolution of the City Council.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DELRAY BEACH, FLORIDA~ AS FOLLOWS:
Section 1. That the City Council of the City of Delray Beach authorizes a transfer of
the franchise from Denntronics Cable, Inc., a Florida Corporation, to Sunbelt-Denntronics, Ltd., a
limited partnership organized under the laws of the state of Florida and authorized to do business in
the State of Florida subject to Sunbelt-Denntronics Ltd., providing the following documents:
a) A statement signed by the President of Southeastern Cable Corp. indicating
that it accepts and agrees to be bound by the terms and conditions of the franchise
agreement which Sunbelt-Denntronics Ltd., will be entering into with the City of
Delray Beach~ notarized and imprinted with Corporate Seal.
b) A copy of the Certificate of Authorization to do business in the State of
Florida.
c) The name of the Florida agent of Southeastern Cable Corp., the general
partner, for service of process.
d) A current Certificate of Insurance in the name of Sunbelt-Denntronics, Ltd.,
evidencing compliance with the insurance requirements in the franchise agreement
and providing the City with 30 day mandatory notice of cancellation of the policy.
e) A performance bond in the amount of seventy-five thousand dollars ($75,000.00)
to be provided in the name of Sunbelt-Denntronics, Ltd.
Section 2. That this Resolution shall be effective on adoption of this resolution.
Section 3. That the City Clerk is hereby authorized to send a certified copy of this
Resolution to the franchise holder.
PASSED AND ADOPTED in regular session on this the 41:h day of
December , 1980.
MAYOR
ATTEST: