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HomeMy Public PortalAboutResolution No. 011-83 09-06-1983 Resolution 11-83 . RESOLUTION APPROVING MERGER OF TARRANT CABLE COMMIINICATIONS, INC. Into STORER CABLE TY OF TE%AS, INC. WHEREAS, on May 7, 1979 by Ordinance No. 420, the City of Richland Hills granted a franchise to Tarrant Cable Communications, Inc., its successors and assigns, to operate a cable television service in the City of Richland Hills; and, WHEREAS, Tarrant Cable Communications, Inc. has advised the City of Richland Hills that on August 15, 1983, the stockholders of Tarrant Cable Communications, Inc. adopted a plan for liquidation and merger of Tarrant Cable Communications, Inc. into Storer Cable TV of Texas, Inc., a Texas corporation, with offices at 1500 W. Airport Freeway, Bedford, TX 76021, effective as of • September 1, 1983; and, WHEREAS, the City Council of the City of Richland Hills has determined . that Storer Cable TV of Texas, Inc. is qualified to operate the cable television service under the aforesaid Ordinance; • NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richland Hills, TX, and it is hereby resolved by the authority of same: SECTION I. The transfer and assignment of said franchise of May 7, 1979, and the operation of said cablevision system by Storer Cable TV of Texas, Inc. are hereby approved, effective as of the close of business on September 1, 1983. MAYO EST: > ~ CLE Adopted: September`" 6, 1983