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HomeMy WebLinkAbout2948 1 2 :5 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 ~I ~- ORDINANCE NO. AN ORDINANCE OF THE CITY OF SAN BERNARDINO AMENDING ORDI- NANCE NO. 2864 ENTITLED IN PART "AN ORDINANCE . . . GRANTING A FRANCHISE TO T. V. RECEPTORS, INC." EXTENDING THE TERM OF SAID FRANCHISE; PROVIDING FOR A THIRTY DAY PERIOD TO CURE FAILURE TO COMPLY WITH THE CONDITIONS OF SAID FRANCHISE; PROVrDING FOR A FRANCHISE PAYMENT OF FOUR PERCENT (4%) OF GROSS RECEIPTS; AND AUTHORIZING THE SALE OF THE FRANCHISE TO A COMPANY OF A CERTAIN NET WORTH. THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO DO ORDAIN AS FOLLOWS: SECTION ONE: Ordinance No. 2864 Section 3 is hereby amended to read as follows: "Section 3. DURATION OF GRANT. This franchise shall be effective on the thirty-first (31st) day after the publication of this ordinance, provided the Grantee has paid to the City the sum of one hundred dollars ($100.00) and, has filed with the City, within twenty (20) days after such date of publication, a written instrument, addressed to the Council, accepting this franchise and agreeing to comply with its provisions. This franchise shall expire on December 31, 1993, unless sooner terminated by the Council, in the event the Council shall have found, after notice and hearing, that: (a) the Grantee has failed to comply with any material provisions hereof; or (b) any provision hereof has become invalid or unenforceable, and the Council finds that such provision constitutes a consideration material to the grant of this franchise; provided, however, that the Grantee shall be given at least thirty (30) days' notice of any termination proceedings. Prior to the institution of any hearing to terminate the franchise for failure to comply with any material provision thereof, Council shall first give Grantee not less than thirty (30) days written notice by certified mail that there are reasonable grounds to believe that a material non- compliance of the franchise exists, which said notice shall specify such non-compliance. The franchise shall not be terminate 32 unless Grantee shall fail to cure such non-compliance within i I I I I I I J. 2 :5 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 -.......J..-I thirty (30) days after receipt of such notice. Grantee shall have the option to extend the franchise for an additional ten (10) year period upon the same terms and con- ditions set forth in the franchise upon giving written notice of the exercise of such option not less than six (6) months prior to December 31, 1993." SECTION TWO: Ordinance No. 2864 Section 4 Subsection (a) is hereby amended to read as follows: "(a) Commencing with the calendar year of 1969, Grantee agrees to pay to City, annually, in lawful money of the united States, four percent (4%) of the total gross receipts collected or received, or in any manner gained or derived in each calendar year, or portion thereof, during the term of this franchise, by the Grantee or its Operating Licensees from the properties, operations and business referred to in Section 2. In any year, or portion thereof, during which payments under this section amount to less than five hundred dollars ($500.00), Grantee agrees to pay the City the minimum amount of five hundred dollars ($500.00)" SECTION THREE: Ordinance No. 2864 Section 6 Subsection (c) 21 is hereby amended to read as follows: 22 "(c) This franchise is a privilege to be held in personal 23 trust by the original Grantee. It cannot in any event be trans- 24 ferred in part, and it is not to be sold, transferred, leased, 25 assigned, or disposed of as a whole, either by forced sale, 26 merger, consolidation, or otherwise, without prior consent of the 27 City expressed by ordinance, and then only under such conditions 28 as may be therein prescribed; provided, however, that no such 29 consent shall be required for any transfer in trust, mortgage, or 30 other hypothecation, as a whole, to secure an indebtedness; pro- 31 vided further, however, that this franchise may be sold, trans- 32 ferred or assigned by Grantee to a person or entity whose net -2- ~ 2 :3 4 5, 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 worth at the time of such transfer shall be not less than $250,000.00 (adjusted to include increases in the Cost of Living Index for Southern California over the current Cost of Living Index), as shown by a statement of net worth certified to by a licensed certified Public Accountant, without the prior consent of the Grantor. Prior consent of the Grantor expressed by ordi- nance shall be required in the event the Grantee issues licenses for operations under this franchise to Operating Licensees and such licenses shall be subject to all the conditions prescribed in the ordinance granting consent and the provisions of this franchise. Nothing contained herein shall relieve the Grantee from any of its duties and obligations under this franchise." I HEREBY CERTIFY that the foregoing ordinance was duly adopted by the Mayor and Common Council of the City of San Ber- nardino at .,.; ~ ~?"/!u) meeting thereof, held on the ~ day of.~ .' , 1968 by the following vote, to wit: AYES: Councilmen ~-<'_<:'A9'HL_L) ...J",--,~ trf Z;~ xL0~, ...fldLL~d ~ ~4LZ/L"L./ NOES: ~././ / v ABSENT, ~"""'<:t,,-....~ l '~~ _ (}tJ !J / C~~ The foregoing ordinance is hereby approved this~ day of /1V'~A'..J , 1968. c Mayor of as to form: ~ , '.~~ (i ")"~'~\i'<" ifL., . i.,...,.~