Resolution - #92-07-178 - 07/28/1992

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North Central shall have agreed to extend the institutional and subscriber network to the Champlin Park High School and the subscriber network two (2) currently unwired fire stations located in the City of Andover. North Central shall have contributed to the Commission Twenty Thousand Dollars ($20,000.00) as a one time community programming equipment/mobile van grant. North Central shall have agreed to amend the existing Franchise to conform to this resolution and the terms of this sale and transfer of control. go To the extent required as a result of the sale of stock and transfer of control, the replacement of any and all letters of credit, bonds, insurance certificates, or other forms of security provided to the City pursuant to the terms of the Franchise. ho North Central shall have agreed to reimburse the Commission and its member cities for all expenses incurred in relationship to the interim transaction and final Transfer of Ownership, including an agreement to reimburse the cities and Commission for any expenses associated with subsequent ordinance amendments required by the Transfer of Ownership but not incurred until after closing. Failure to comply with the above conditions "b., f., g., and h." shall render the City's resolution of approval null and void. jo Failure to comply with condition"a." above, or any agreements required by this resolution shall result in penalties and/or sanctions provided for in the Franchise. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember Zimmerman and upon vote being taken thereon, the following voted in favor thereof: Mayor Gilbertson Councilmember Hardin Councilmember Zimmerman and the following voted against the same: None and the following abstained: None and the following were absent: Councilmember Beyer Councilmember Peterson whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 28th day of July, 1992. RESOLUTION #92-07-178 Page 3 of 3