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HomeMy WebLinkAboutOrdinance 19091-04-2010ORDINANCE NO 19091-04-2010 AN ORDINANCE REPEALING ORDINANCE NO 15760 (ORDINANCE GRANTING A FRANCHISE TO STRATEGIC CABLE TECHNOLOGIES, L.P FOR USE OF PUBLIC RIGHTS-OF WAY IN THE CITY OF FORT WORTH FOR THE PURPOSE OF CONSTRUCTING, MAINTAINING AND OPERATING A CABLE TELEVISION SYSTEM), TERMINATING THE FRANCHISE AGREEMENT BETWEEN THE CITY OF FORT WORTH AND STRATEGIC CABLE TECHNOLOGIES, L.P REGARDING CONDITIONS AND REQUIREMENTS RELATED TO THE USE OF PUBLIC RIGHTS-OF WAY IN THE CITY OF FORT WORTH AND TO THE CONSTRUCTION, MAINTENANCE AND OPERATION OF A CABLE TELEVISION SYSTEM AND TO THE PROVISION OF CABLE SERVICES TO RESIDENTS OF THE CITY OF FORT WORTH AND TO REASONABLE COMPENSATION TO THE CITY OF FORT WORTH FOR THE USE OF THE PUBLIC RIGHTS-OF WAY, CONSENTING TO THE SALE OF SUCH CABLE SYSTEM TO MARCUS CABLE ASSOCIATES, L.L.C. D/B/A CHARTER COMMUNICATIONS, AND PROVIDING AN EFFECTIVE DATE. The following statements are true and correct and constitute the basis upon which the City Council of the Crty of Fort Worth ("City") has adopted this Ordmance• A. On December 2, 2003 the City Council adopted Ordinance No 15760 granting to Strategic Cable Technologies, L.P ("SCT") a franchise (the "Franchise") to use public rights- of way m the City for the purpose of constructing, mamtaimng, and operating a cable television system (the `System"), conditioned upon execution by SCT of a Franchise Agreement attached thereto (the "Franchise Agreement") The Franchise was granted m accordance with applicable federal law prior to enactment of Chapter 66 Texas Utilities Code, which allows certain cable operators to obtain franchise authority from the State of Texas rather than local governments. B SCT wishes to sell its System to Marcus Cable Associates, L.L.C d/b/a Charter Communications ("Charter") The Franchise prohibits SCT from the sale or assignment of the Franchise or its System to another entity without the pnor written consent of the Crty C Charter is authorized to provide cable television services m the Crty pursuant to a state issued certificate of franchise authority governed by Chapter 66 Texas Utilities Code. SCT has requested that, to lieu of a transfer of the Franchise to Charter the City agree to terminate the Franchise and allow Charter to operate the System under its state issued franchise. D The Franchise provides the City with certain valuable regulatory rights that rt cannot avail itself of under a state issued certificate of franchise authority As a result, the City is willing to terminate the Franchise only upon execution of a separate Settlement Agreement between the Crty and SCT pursuant to which, among other things, SCT pays the Crty the sum of $60 000 00 which the City agrees is a reasonable estimation of the present value of the benefits 1 Ordinance Terminating Cable Television Franchise with Strategic Cable Technologies, Inc. provided under the Franchise that the City would otherwise be depraved of if the Franchise were terminated praor to expiration of rts term. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS I. THAT the City Council hereby repeals Ordinance No 15760 and terminates the Franchise Agreement with SCT attached thereto effective upon execution by both the City and SCT of a Settlement Agreement in substantially the same form as that attached hereto as Exhibit "A" (the "Settlement Agreement"). The City Council further consents to the sale and transfer of the SCT System to Charter ADOPTED• Apra16, 2010 G 16878 Date M & C Number EFFECTIVE DATE ~ ~ C~ APPROVED AS TO FORM AND LEGALITY Peter Vaky Assistant City Attorney 2 Ordinance Terminating Cable Television Franchise with Strategic Cable Technologies, Inc. EXHIBIT A (~+~ i~c~'r~r ORDINANCE NO 19091-04-2010 tC•,• ~ _~O SETTLEMENT AGREEMENT 1 This Settlement Agreement ("Agreement") is entered into this ~ day of April 2010 (the `Effective Date'), by and among the City of Fort Worth Texas (the `City') Strategic Cable Technologies, L.P ("SCT") and Lennar Corporation ("Lennar") The City SCT and Lennar sometimes are referred to individually as a Party" and collectively as the `Parties 2 Effective December 30 2003 the City in Ordinance No 15760 granted SCT a franchise to construct, install, operate and maintain a cable television system in the area of Fort Worth Texas, known as Sendera Ranch (the 'Franchise') Lennar the parent of SCT guaranteed SCT's performance of its obligations under the Franchise On November 30 2009 SCT sold all the assets used and useful for this cable television system (the 'System Sale') to Marcus Cable Associates, L.L.C dba Charter Communications ("Charter") Charter is authorized to operate a cable television system and to provide cable services to Sendera Ranch pursuant to its State-Issued Certificate of Franchise Authority granted by the Public Utility Commission of Texas. 3 The Parties, without admitting any facts or liability on any claim or cause of action, but continuing to deny the same in order to avoid the cost, inconvenience and burdens associated with contested litigation, desire to compromise and settle certain outstanding claims between them on the terms set forth herein Therefore for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged and in consideration of the promises and covenants set forth in this Agreement, the Parties agree as follows SETTLEMENT AGREEMENT DALLAS 2111495v i Page 1 EXHIBIT A ORDINANCE NO 19091-04-2010 4 System Sale Approval and Termination of Franchise The City hereby approves the System Sale and hereby terminates the Franchise effective as of the Effective Date 5 SCT Payment. On the Effective Date SCT shall pay the City the amount of $60 000 00 6 Covenant Not to Sue. The City unconditionally covenants that it shall not commence or maintain any suit or assert any claim, including but not limited to a claim for a temporary restraining order temporary preliminary or permanent injunction damages, or other legal or equitable relief that is reasonably calculated to enjoin obstruct or otherwise interfere in any manner with the System Sale. 7 Mutual Releases. For and in consideration of the agreements and releases set forth herein effective as of the Effective Date and except for any breach of this Agreement, SCT and Lennar for themselves and on behalf of their former present, and future parents, subsidiaries, predecessors successors, shareholders partners, members, directors, officers, managers employees agents, representatives, insurers, affiliates, associated entities of every kind and nature and assigns (collectively the 'SCT Parties') hereby release acquit, and forever discharge the City and its former present and future officials employees agents representatives insurers associated entities of every kind and nature and assigns (collectively the `City Parties') from all claims causes of action liabilities demands defenses controversies actions, or debts of whatever nature or character fixed or contingent, liquidated or unliquidated known or unknown (collectively the `Claims') which SCT or Lennar has or may have in the future arising from or relating in any manner to the Franchise or the System Sale arising at any time from the beginning of time to the Effective Date SETTLEMENT AGREEMENT DALLAS t 1 1495v 1 Page 2 EXHIBIT A ORDINANCE NO 19091-04-2010 8 For and in consideration of the agreements and releases set forth herein effective upon the Effective Date and except for any breach of this Agreement, the City for itself and on behalf of the City Parties, hereby releases, acquits and forever discharges SCT Lennar and all other SCT Parties from all Claims which the City has or may have in the future arising from or relating in any manner to the Franchise or the System Sale arising at any time from the beginning of time to the Effective Date. 9 Representations and Warranties. As a material inducement to the Parties entry into this Agreement, each Party unconditionally represents and warrants at the signing of this Agreement and delivery of any documents hereunder (a) that it has carefully read this Agreement, that it has had an opportunity to discuss its effect with counsel of its choice and that it fully understands its final and binding effect; (b) that it has the necessary authority to settle this matter fully on behalf of itself and all parties whose interests it purports to release in accordance with the terms of this Agreement, and that the individuals who execute this Agreement on its behalf are fully authorized to execute the Agreement and to bind the releasing parties (c) that it has not assigned to others, but is the owner of the Claims released herein and that it has the entire and exclusive authority to settle them on the terms herein set forth (d) that it has executed this Agreement as its free and voluntary act, without any fraudulent inducement, duress coercion or undue influence exerted by or on behalf of any other Party and (e) that no promise representation, conduct, or consideration by any other Party to this Agreement, its owners agents, servants, employees attorneys or persons in privity with it has induced the execution of this Agreement except for those representations and agreements specifically set forth herein 10 Miscellaneous. The provisions of this Agreement comprise all the terms conditions, agreements, and representations of any of the Parties respecting the SETTLEMENT AGREEMENT DALLAS 2111495v.1 Page 3 EXHIBIT A ORDINANCE NO 19091-04-2010 settlement and compromise of this dispute the matters relative thereto and the matters respecting this Agreement. This Agreement may not be amended supplemented or otherwise modified except by further written agreement of the Parties 11 This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors insurers, creditors agents, representatives associated entities and assigns. 12 Neither this instrument, the agreements evidenced hereby nor any related evidence will be admissible in evidence against any of the Parties in any lawsuit, claim or arbitration proceeding of any nature except in an action for breach, of to enforce or to construe the Agreement 13 This Agreement may be executed in multiple counterparts and transmitted via facsimile or electronic mail any and all of which shall be construed and enforceable as the Agreement. 14 If any provision of this Agreement is held to be illegal invalid or unenforceable under present or future laws effective during the term hereof such provision shall be fully severable and the remaining provisions thereof shall remain in full force and effect and shall not be affected by the illegal invalid or unenforceable provision or by its severance therefrom 15 This Agreement shall be construed under the laws of the State of Texas. Venue for any action under this Agreement shall lie exclusively in state courts located in Tarrant County Texas or the 'United States District Court for the Northern District of Texas -Fort Worth Division 16 This Agreement shall not be construed against any Party as the drafting party SETTLEMENT AGREEMENT DALLAS 2l 114y5v I Page 4 EXHIBIT A ORDINANCE NO 19091-04-2010 17 Each Party will pay its own costs and attorneys fees incurred in connection with the preparation of this Agreement. In the event that any Party materially breaches its obligations under this Agreement, and such failure continues uncured for a period of 30 days after written notice to cure from another Party then each non-breaching Party shall be entitled to recover any and all costs and expenses associated with any litigation required to enforce this Agreement, including reasonable and necessary attorneys fees. SIGNATURE PAGES FOLLOW REMAINDER OF PAGE LEFT INTENTIONALLY BLANK SETTLEMENT AGREEMENT DALLAS 21 11495v 1 Page 5 EXHIBIT A ORDINANCE NO 19091-04-2010 IN WITNESS WHEREOF this Agreement is executed as of the Effective Date CITY OF FORT WORTH. TEXAS ~w~~cc~~v~a As To ~fQR~ A,~D LEGIAL.ITY gy~ C- ~75~ Its ASSlS7ANT ITY ATTORNEY y~y2-/o Attested by• Marty Hendr>< ,City DAI..I.AS 211 1495v I Date• 09 ; / 2. /O STRATEGIC CABLE TECHNOLOGIES, L.P By. Its ~! • V ~ C~- I~ T-{'` 1 °'l",~- Date LENNAR C(~tPORATION 1~ A P By. Its. '~ Date City of Fort Worth, Texas Mayor and Council Communication .. COUNCIL ACTTON: Approved on 4/6/2010 -Ord. No. 19091-04-2010 & 19092=04-2010 DATE Tuesday Apri106 2010 LOG NAME 12CABLE SALE REFERENCE NO *G-16878 SUBJECT Adopt Ordinance Terminating Cable Television Franchise with Strategic Cable Technologies L.P and Consenting to the Sale of Cable System to Charter Communications Authorize Execution of Related Settlement Agreement and Adopt Appropriation Ordinance RECOMMENDATION It is recommended that the City Council 1 Adopt the attached Ordinance terminating the cable television franchise granted to Strategic Cable Technologies L P (SCT) and consenting to the sale of SCT's cable system to Charter Communications 2. Authorize the City Manager to execute a settlement agreement with SCT pursuant to which both the City and SCT release one another from all .legal claims regarding the sale of SCT's system to Charter Communications in return for a payment by SCT to the City of $60 000 00 and 3 Adopt the attached Appropriation Ordinance increasing estimated.receipts and appropriations in the Cable Communications Section of the Special Trust Fund in the amount of $60 000 00 DISCUSSION On December 2 2003 the City Council adopted Ordinance No 15790 (M&C G-14166) granting SCT a franchise (the Franchise) to use public rights-of-way in the City for the operation of a cable television system SCT serves approximately 1 800 customers in the Sendera Ranch area of north Fort Worth The Franchise requires SCT to obtain the City's consent prior to any sale or transfer of SCT's cable system to another party In December 2009 SCT notified the City that it intended to sell its system to Charter Communications (Charter) and to terminate the Franchise Charter is authorized to provide cable television services in the City of Fort Worth under a permit issued by the Texas Public Utility Commission and in accordance with Chapter 66 of the Texas Utilities Code is not subject to local franchising authority as SCT is: The City is willing to consent to the termination of the Franchise and the sale of SCT's system to Charter in return for a payment by SCT of $60 000 00 which City staff believes is reasonable compensation for the loss of certain regulatory rights under the Franchise that are not available under state law FISCAL INFORMATION /CERTIFICATION The Financial Management Services Director certifies that the Community Relations Department is responsible for the collection and deposit of funds due to the City FUND CENTERS Logname 12CABLE SALE Page 1 of 2 TO Fund/Account/Centers FROM Fund/Account/Centers FE72 481306 002500100000 $60,000.00 CERTIFICATIONS Submitted for City Manager's Office bv• ALL ACMs (6222) Originating Department Head David Yett (7623) Additional Information Contact: Peter Vaky (7601) Logname 12CABLE SALE Page 2 of 2