ORDINANCE 1021548$
ORDINANCE NO. IOJI
AN ORDINANCE OF THE CITY OF EL SEGUNDO,
CALIFORNIA, GRANTING APPROVAL OF AN INTERNAL
CORPORATE REORGANIZATION INVOLVING TRANSFER
OF A FRANCHISE.
WHEREAS, Theta Cable of California ( "Theta "), a subsidiary of
Teleprompter Corporation ( "Teleprompter ") is the cable television franchisee
in E1 Segundo, California; and
WHEREAS, on August 18, 1981, Westinghouse Broadcasting Company,
Inc., a subsidiary of Westinghouse Electric Corporation ( "Westinghouse "),
acquired control of Teleprompter; and
WHEREAS, it is proposed that the wholly -owned subsidiaries of
Teleprompter be reorganized into Teleprompter, which would be reorganized
into Group W Cable, Inc., its parent corporation, as set forth in a letter
application dated February 4, 1982; and
WHEREAS, approval has been requested as to the proposed trans-
actions;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,
CALIFORNIA, DOES ORDAIN AS FOLLOWS:
SECTION 1. That the City Council does hereby grant its approval
to permit the reorganization of Theta into Teleprompter and of Teleprompter
into Group W Cable, Inc., its parent corporation, and to permit its assign-
ment of the franchise issued by Ordinance No. 754 to Group W Cable, Inc.,
upon Group W Cable Inc.'s written agreement, in a form satisfactory to the
City Attorney, to be bound to the same extent as Theta would be by all of
the terms and conditions of the franchise issued pursuant to Ordinance No.
754.
SECTION 2. That this ordinance shall become effective at mid-
night on the thirtieth day from and after the date of the final passage and
adoption thereof.
SECTION 3. That the City Clerk shall certify to the passage
and adoption of this ordinance; shall cause the same to be entered in the
book of original ordinances of said city; shall make a minute of the passage
and adoption thereof in the records of the meeting at which the same is
passed and adopted; and shall, within fifteen days after the passage and
adoption thereof, cause the same to be published once in the E1 Segundo
Herald, a weekly newspaper of general circulation, published and circulated
within said City of E1 Segundo and which is hereby designated for that purpose.
PASSED, APPROVED AND ADOPTED this 20th day of April 1982,
Mayor of the City of E1 Segundo, California.
ATTEST:
G1
City Clerk
(SEAL)
2 -
549,9
.r, 4 7{)
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
VALERIE . BURR. ...
.. . ...RRO ........ City Clerk of the City of El Segundo,
I . ..........
California, do hereby certify that the whole number of members of the City Council
of the said City is five; that the foregoing ordinance, being Ordinance No. 1021
is a full, true and correct original of Ordinance No. , , . 1021 of the said City of
El Segundo, California, entitled:
AN ORDINANCE OF THE CITY OF EL SEGUNDO,
CALIFORNIA, GRANTING APPROVAL OF AN INTERNAL
CORPORATE REORGANIZATION INVOLVING TRANSFER
OF A FRANCHISE.
which was duly passed and adopted by the said City Council, approved and signed
by the Mayor of said City, and attested by the City Clerk of said City, all at a
regular meeting of the said Council held on the . ?0th, . . day of ...APP ?l.......... ,
19. 8 ?....... , and that the same was so passed and adopted by the following vote:
AYES: Councilmen , QMR,STRQNQ, JQUNSQN, , SIAQJEK.. , . , , . , . ,
Councilwoman, SYNADINO$ AND,7,V AYQ4 I3VT , , , , ,,,, , , , , ,
NOES: Councilmen . NONF,.. ....................................
ABSENT: ............ NONE ..... ............................... .
I do hereby further certify that pursuant to the provisions of Section 36933
of the Government Code of the State of California, that the foregoing Ordinance
No. , 1621 was duly and regularly published according to law and the order of
the City Council of said City in the El Segundo Herald, a weekly newspaper of
general circulation, printed, published and circulated within said City and that the
same was so published therein on the following date, to wit: .....................
........... ...............................
City Clerk of the City of E1 Segundo, California
(SEAL)
By......... ...............................
Deputy