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1 8,952
2 RESOLUTION NO.
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A' RESOLUTION AUTHORIZING THE CITY MANAGER TO
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ENTER INTO AN AGREEMENT WITH STORER
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6 COMMUNICATIONS, INC_, CONCERNING THE CITY'S
RELEASE OF THE FINE ARTS ACCESS CHANNEL FOR
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THE BALANCE OF THE CURRENT CABLE TELEVISION
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9 FRANCHISE PERIOD, AND FOR OTHER PURPOSES.
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11 WHEREAS, the City of Little Rock, Arkansas ( "City ") entered
12 into a cable television franchise with Riverside Cable TV, Inc.
13 also known as Storer Cable Communications, Inc. ( "Storer"), on
14 February 19, 1980, for a nonexclusive cable television franchise
15 ("the Franchise ") that runs until February 19, 1995; and,
16 WHEREAS, the Franchise requires Storer to, among other
17 things, provide a non - leased access channel for Fine Arts
18 programming; and
19 WHEREAS, this channel has been totally underutilized and
Storer wishes to use the channel for leased access and has
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proposed a contractual arrangement to purchase from the City the
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right to use the channel for the balance of this initial
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franchise period.
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NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
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THE CITY OF LITTLE ROCK, ARKANSAS:
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SECTION 1: The City Manager is authorized to enter into an
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agreement with Storer for the purchase by Storer of the right to
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exclusively use or lease the Fine Arts Access Channel for the
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balance of the current franchise period, and any extension,
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pursuant to terms in substantially the same form as the Attached
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Exhibit A.
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SECTION 2. This authorization is conditioned upon the
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mutual understanding that nothing in this agreement prevents or
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diminishes the ability of the City to negotiate for additional
34 public, educational or governmental access channels during the
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franchise renewal process.
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SECTION 3. The funds collected from Storer for this channel
shall be used solely for the City's cable television station.
ADOPTED: Julv 6, 1993 323
ATTEST: AP OVED:
CITY CLERK MAYOR
APPROVED AS TO FORM:
THOMAS
CITY ATTORNEY
�
Scott tre
4 � et
Little Rock, AR 722C!
O M M U N I C A T 1 0 N S (501 ) 376 -5700
EXHIBIT "A"
June 7, 1993
324
Mr. Charles Nickerson, Interim City Manager
City of Little Rock
Little Rock City Hall
Little Rock, AR 72201
Dear Charles:
Please accept this letter as confirmation of the agreement
reached during discussions with Brenda Donald of your office
regarding the Fine Arts Access channel on Storer Cable's Little
Rock cable television system.
Riverside Cable TV, Inc. (Storer) agrees to pay the City of
Little Rock an initial amount of $10,000.00. Storer further
agrees to make three additional payments of $10,000.00 each as
follows:
$10,000.00 due by June 30, 1993
$10,000.00 due by June 30, 1994
$10,000.00 due by June 30, 1995
The City of Little Rock agrees to relinquish all current and
future control of the Fine Arts Access channel and further
releases Storer of all obligations to provide such channel on its
Little Rock cable television system.
Please acknowledge your acceptance of the terms detailed in
this letter by signing below and return to me.
I would be pleased to answer any questions you might have
regarding this matter. Feel free to contact me at 374 -6885.
Sincerely, o�Q
Michael JY Wilson
General Manager
Accepted:
—'Charles Nickerson