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HomeMy WebLinkAboutresolution.council.019-84RECORD OF PROCEEDINGS 100 Leaves RESOLUTION NO. ~ (Series of 1984-) A RESOLUTION PURSUANT TO SECTION 25-23 OF THE MUNICIPAL CODE OF THE CITY OF ASPEN, COMMONLY KNOWN AS THE "ASPEN CABLE TELEVISION SYSTEM ORDINANCE;', DETERMINING THAT A BOND IN THE AMOUNT OF $250,000.00 IS SATISFACTORY TO GUARANTEE THE TIMELY CONSTRUCTION, FULL ACTIVIATION AND PROPER INSTALLATION OF CANYON CABLE'S TELE- VISION SYTEM WHEREAS, pursuant to Section 25-23, Municipal Code of the City of Aspen, cable television system permittees are required to obtain and maintain at their own cost and expense, and file with the City Clerk, a construction bond provided by a company author- ized to do business in the State of Colorado and in a form accep- table to the City Attorney, in the amount of $500,000.00, or at such lesser amounts as the City Council may by resolution find to be satisfactory, to guarantee the timely construction, full acti- vation and proper installation of permittee's cable television system; and WHEREAS, Micro Cable Communications Corporation d/b/a Canyon Cable TV Corporation (hereinafter "Canyon Cable") has applied for a cable television system permit, which has been approved by ordinance of the City Council; and WHEREAS, the City Council intends to electors requesting authorization for the to Canyon Cable; and WHEREAS, the City Council recognizes that Canyon Cable pre- sently operates a cable television system in the City of Aspen and, therefore, a bond in the sum of $250,000.00 is satisfactory to guarantee the timely construction, full activation and proper installation of Canyon Cable's television system. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE submit a question to the granting of said permit CITY OF ASPEN, COLORADO: RECORD OF PROCEEDINGS Leaves Section 1 That pursuant to the Aspen Cable Television specifically Section 25-23 of the Municipal Code System Ordinance, of the City of Aspen, the City Council does hereby find that a bond of $250,000.00 shall be satisfactory to guarantee the timely con- struction, full activation and proper installation of Canyon Cable's television system, if authorization for the granting of said permit is approved by the electors and provided further, that Canyon Cable complies with all of the remaining requirements of Section 25-23 of the Municipal Code of the City of Aspen, Colo- rado. Dated: ~ //~ , 1984. I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by Colorado, at a meeting held the City Council of the City of Aspen, ity C erk