Laserfiche WebLink
full force and effect with no defaults thereunder; <br />RESOLVED FURTHER, that this consent is granted under the <br />condition that Cencom agree to be bound by and to comply with <br />all the provisions of the Franchise subject to applicable law, <br />and any default under the Franchise which existed on or prior to <br />the date of transfer shall not be the basis for the revocation <br />of the Franchise; <br />RESOLVED FURTHER, that Insight is hereby released from any <br />and all of its obligations to Lee County under the Franchise <br />accruing from and after the effective date of the transfer to <br />Cencom; <br />RESOLVED FURTHER, that Cencom may encumber all or any part <br />of the interest of Cencom in and under the Franchise, for <br />financing purposes, by one or more security agreements, devises, <br />mortgages, deeds of trust, or other encumbrances from Cencom to <br />any lender encumbering any property or assets of Cencom, <br />including the Franchise; <br />RESOLVED FURTHER, that Cencom be directed to file with the <br />County of Lee within thirty (30) days after the sale, transfer <br />of assignment of the Franchise, a written statement in <br />substantially the following form signed in its name and behalf: <br />"To the Board of Commissioners of the County of Lee: <br />You are hereby notified that as heretofore duly authorized <br />by resolution # duly adopted on , 1990, Insight <br />Communications Company, L.P. has assigned and transferred to <br />Cencom Partners, L.P. control of its cable television franchise <br />pursuant to an ordinance ("Ordinance") to operate a cable <br />television system within the County of Lee, North Carolina. For <br />itself, its successors and assigns, Cencom Partners, L.P. hereby <br />accepts the ordinance and agrees to be bound by all of its <br />terms, conditions and provisions as to all obligations, and <br />liabilities accruing from and after the effective date of <br />transfer." <br />Commissioner Cox seconded the motion, and upon a vote the <br />results were as follows: <br />Aye: Cox, Matthews, Stafford and Wicker <br />Nay: None <br />The Chairman ruled the Resolution had been unanimously <br />adopted. <br />The Board then observed a short recess. Following the <br />recess, the Board convened with all members present except <br />commissioner Dossenbach. <br />Mrs. Pamela V. Adams, Executive Director of the Lee County <br />Department of Aging appeared before the Board to ask for the <br />4 <br />