HomeMy WebLinkAboutResolutions - No. 91-137RESOLUTION NO. 91-137
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A RESOLUTION OF THE LODI CITY COUNCIL
APPROVING THE SALE OF KING VIDEOCABLE COMPANY
AND AUTHORIZING EXECUTION OF APPROPRIATE DOCUMENTS
WHEREAS, the City of Lodi has been notified by King Videocable
Company, in accordance with the requirements of the Lodi Municipal
Code, that the company is in the process of being sold; and
WHEREAS, a letter of official notice of said intended sale has
been received by the City (Exhibit A);
NOW, THEREFORE, BE IT RESOLVED, that the Lodi City Council does
hereby approve the sale of King Videocable Company to the Providence
Journal Company, headquartered in Providence, Rhode Island; and
BE IT FURTHER RESOLVED, that the City Manager and City Clerk are
hereby authorized to execute the appropriate documents on behalf of the
City.
Dated: July 17, 1991
I hereby certify that Resolution No. 91-137 was passed and
adopted by the Lodi City Council in a regular meeting held July 17,
1991 by the following vote:
Ayes: Council Members - Pennino, Pinkerton, Sieglock, Snider
and Hinchman (Mayor)
Noes: Council Members - None
Absent: Council Members - None
CU" h' P"a"
Alice M. Reimche
City Clerk
91-137
RES91137/TXTA.O2J
/7 - 5
�fColony Communications, Inc.
169 Weybosset Street
P.O. Box 969
Providence, Rhode Island 02901-0969
401 277-7446
Fax 401 277-7694
Bruce A Clark
President
July 11, 1991
Mr. Tom Peterson, City Manager
City of Lodi
221 West Pine Street
Lodi, CA 95240
Dear Mr. Peterson:
Colony Communications is looking forward to our new
association with King Videocable Company. We know they have a fine
history in Lodi and we intend to carry on their tradition of
excellent customer service and community involvement. We think it
is important to maintain the value of the service to all the
customers. Our company also has a history of local programming and
it's good to see the commitment that King Videocable has made to
covering community events and meetings.
We have carefully reviewed all sections of the franchise
renewed to King Videocable on November 5, 1986. We will fulfill
all existing terms and conditions of the franchise.
We have had a great deal of success in our systems with
various forms of pay-per-view and other new technologies and have
been in the forefront of testing and using optical fiber. Lodi has
a well-maintained system with capacity for additional programming
and other changes in technology. As we assume the management of
King Videocable we will examine technical matters, as well as
financial matters relating to changes to the Lodi system.
It will be several months until the closing of the transaction
is complete and the transfer of the cable franchise is the first
step in the process. As we move forward in this change, system
operations - construction of new system, daily maintenance,
responding to customer concerns local programming, etc. - will not
be affected. King Videocable will continue to provide a valuable
service to the community. our challenge is to meet the needs of
the customers jand the community in a rapidly changing industry and
in a community that will grow and change. We look forward to that
opportunity.
Sincerely,
uce A Clark
BAC: am