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2016-97 2016-97 Approving The Change Of Indirect Control Of The Franchisee Under The Cable Television Franchise Under The Cable Television Franchise At a Regular Meeting of the Town Board of the Town of Wappinger, Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on February 22, 2016. The meeting was called to order by Lori A. Jiava, Town Supervisor, and upon roll being called, the following was recorded: ✓Vote Record-Resolution RES-2016-97 Q Adopted Yes/Aye No/Nay Abstain Absent ❑ Adopted as Amended Lori A.Jiava Mover Q ❑ ❑ ❑ ❑ Defeated William H.Beale Voter Q ❑ ❑ ❑ ❑ Tabled William Ciccarelli Voter Q ❑ ❑ ❑ ❑ Withdrawn John J.Fenton Voter Q ❑ ❑ ❑ Michael Kuzmicz Seconder Q ❑ ❑ ❑ The following Resolution was introduced by Supervisor Jiava and seconded by Councilman Kuzmicz. WHEREAS, Cablevision of Wappingers Falls, Inc. ("Franchisee") owns, operates and maintains a cable television system (the "System") in the Town of Wappinger, New York pursuant to a cable television franchise ("Franchise") granted by the governing body of the Town of Wappinger (the "Town Board"), and Franchisee is the current duly authorized holder of the Franchise; and WHEREAS, pursuant to an Agreement and Plan of Merger ("Agreement"), Neptune Merger Sub Corp., a Delaware corporation and a subsidiary of Altice N.V. ("Acquiror"), will merge with Cablevision Systems Corporation ("Cablevision") (which owns 100% of the ownership interests in Franchisee), and, as a result, the indirect control of Franchisee will change (the "Change of Control"); and WHEREAS, Franchisee and Acquiror have requested the consent of the Town Board to the Change of Control in accordance with the requirements of the Franchise and have filed an FCC Form 394 with the Town Board dated October 30, 2015 (the "Application"); and WHEREAS, the Town Board has reviewed the Application, followed all required procedures in order to consider and act upon the Application, considered the comments of all interested parties, and concluded that Acquiror has the legal, financial and technical qualifications of Acquiror to indirectly control Franchisee, NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board has reviewed the contents of the Application to determine its compliance with the provisions of Article 7 of the Franchise with respect to: a) The experience of proposed assignee or transferee; b) The managerial and technical qualifications of proposed assignee or transferee; c) The legal integrity of proposed assignee or transferee; d) The financial ability and stability of the proposed assignee or transferee; e) The plans of the proposed assignee or transferee as to operation and maintenance of the System; and f) The likely effects of the transfer or assignment on the health, safety, and welfare of the citizenry of the community relative to the operation of the System. 3. The Town Board hereby consents to the Change of Control and determines that such change is in accordance with the terms of the Franchise and applicable law and serves the interest of the Town of Wappinger. 4. The Town Board hereby authorizes and directs the Supervisor of the Town to sign any documents necessary to evidence the consent of the Town of Wappinger to the Change of Control. 5. The obligations of the parties under the Franchise shall continue and this Resolution shall not be deemed to amend any provision of the Franchise which shall continue in full force and effect under its original terms. This Resolution shall take effect immediately. The foregoing was put to a vote which resulted as follows: RESULT: ADOPTED [UNANIMOUS] MOVER: Lori A. Jiava, Supervisor SECONDER: Michael Kuzmicz, Councilman AYES: Jiava, Beale, Ciccarelli, Fenton, Kuzmicz Dated: Wappingers Falls, New York 2/22/2016 The Resolution is hereby duly declared Adopted. JOSS P P. PAOLONI, TOWN CLERK