263.99
RESOLUTION AUTHORIZING TRANSFER OF CONTROL OF CABLE
TELEVISION FRANCHISEE FROM HARRON CABLEVISION OF NEW
YORK, INC. TO ADELPHIA COMMUNICATIONS CORPORATION
RESOLUTION NO.: 263. 99
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Fred Champagne
WHEREAS, Harron Cablevision of New York, Inc. (Harron) currently holds a cable television
franchise (Franchise) to conduct, own and operate a cable television system (System) operating in the
Town of Queensbury (Town), and
WHEREAS, the sole stockholder of Harron is Harron Communications Corporation, a New
York Corporation (Harron Corp.), and
WHEREAS, the stockholders of Harron Corp. and Adelphia Communications Corporation
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(Adelphia) have entered into a Purchase Agreement dated April 9, 1999 (Purchase Agreement)
providing for, among other things, the sale of the stock in Harron Corp. to Adelphia (Transfer of
Control) and requiring Harron Corp. to obtain any required consents of governmental franchising
authorities for the Transfer of Control in accordance with applicable law and the Franchise, and
WHEREAS, Harron and Adelphia have jointly submitted to the Town Board of the Town of
Queensbury (Board) an application on Federal Communications Commission (FCC) Form 394
requesting consent for the Transfer of Control and have submitted such other information concerning
the Transfer of Control and Adelphia as required by law, the Franchise, and as requested by the Board
(collectively, the Transfer Application), and
WHEREAS, the Board has reviewed the Transfer Application, examined the legal, financial
and technical qualifications of Adelphia, followed all required procedures in order to consider and act
upon the Transfer Application and considered the comments of all interested parties, and
WHEREAS, Harron will continue to hold the Franchise and operate the System in the Town
subsequent to the Transfer of Control to Adelphia, and
WHEREAS, the Board believes it is in the interest of the Town to approve the Transfer
Application and the Transfer of Control of the Franchise and the System to Adelphia, as described in
the Transfer Application,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves the Transfer
Application and the Transfer of Control to Adelphia or to any wholly owned affiliate of Adelphia as
described in the Transfer Application and Purchase Agreement and the Board acknowledges that no
further consent is required for the assignment of the Franchise to any affiliate company under common
control with or controlled by Adelphia, and
BE IT FURTHER,
RESOLVED, that the Board hereby acknowledges that:
i. The franchise is valid and outstanding and in full force and effect on the date hereof; and
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ii. The current term of the Franchise will expire on March 19, 2007 subject to options in the
Franchise, if any, to extend such term.
iii. The Board’s grant of the Transfer Application and its consent to the Transfer of Control to
Adelphia herein provided shall be effective immediately and Adelphia shall notify the Board
promptly upon the closing of the transactions described in the Purchase Agreement.
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Duly adopted this 2 day of August, 1999, by the following vote:
AYES : Mr. Irish, Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Champagne
NOES: None
ABSENT:None