HomeMy Public PortalAbout1983_12_14_O040 The Town of Leesburg in Virginia
ORDINANCE NO. 83-0-40
AN ORDINANCE: AMENDING SECTION 5.1-10 OF THE TOWN CODE
PRESENTED December 14, 1983
ADOPTED December 14, 1983
WHEREAS, the sale, transfer or assignment of Leesburg's cable system franchise
will require an investigation and review of the qualifications of~'the prospective
purchaser or assignee at a level equal to the initial review of the original fran-
chise holder; and
WHEREAS, this investigation and analysis will require additional staff time and
report production:
THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. Section 5.1-10 of the Town Code is amended to read as follows:
Sec. 5.1-10. Notice of transfer or assignment
A franchisee shall promptly notify the town manager of any proposed change
in, or transfer of, or acquisition by any other party of control of the fran-
chise. For the purpose of determining whether it shall consent to such change,
transfer or acquisition of control, the town may inquire into the qualifications
of the prospective controlling party, and the franchisee shall assist the town
in any such inquiry. A transfer fee in the amount of $500 shall be paid to the
town by the prospective assignee or purchaser at the time of application. In the
event that the town council adopts a resolution denying its consent and such
change, transfer or acquisition of control has been effected, the town council may
cancel the franchise unless control of the franchise is restored within 30 days
to its status prior to the change or to a status acceptable to the town council.
Any mortgage, pledge or lease shall be subject and subordinate to the rights of
the town under this chapter or other applicable law.
SECTION II.
SECTION III.
PASSED this
All prior ordinances and resolutions in conflict herewith are repealed.
This ordinance shall be in effect upon its passage.
14th day of December , 1983.
ATTEST;
Clerk of CoUncil
Robert E. Sev~la, Mayor
Town of Leesburg