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RES 1109 12/06/1988 RESOLUTION NO. 1109 A RESOLUTION APPROVING THE TRANSFER OF CONTROL OF ROGERS CABLESYSTEMS OF THE SOUTHWEST, INC. , HOLDER OF A FRANCHISE TO CONSTRUCT AND OPERATE A CABLE SYSTEM IN THE CITY, TO KBL CABLE, INC. AND KBLCOM INCORPORATED WHEREAS, Rogers Cablesystems of the Southwest, Inc. ("Rogers") operates a cable television system (the "Cable System") within the City of Cibolo, Texas (the "City") pursuant to a Franchise (the "Franchise") granted by a Resolution dated August 3 , 1978 adopted by the City Council of the City; and WHEREAS, Rogers has requested that the City consent to and approve the transfer of the ultimate control of Rogers to KBL Cable, Inc. ("KBL Cable") , a Texas corporation, all of whose capital stock is owned by KBLCOM Incorporated ("KBLCOM", KBL Cable and KBLCOM being collectively referred to herein as the "Buyers") , a Texas corporation, which is a wholly-owned subsidiary of Houston Industries Incorporated, a Texas corporation; and WHEREAS, the Buyers will agree that they will cause Rogers to perform its duties and obligations under the Franchise; and WHEREAS, after due inquiry the City has determined that it has no claims, asserted or unasserted, against Rogers and that the Cable System is being operated in compliance with the Franchise; and WHEREAS, after due evaluation, the City Council of the City has determined that the Buyers are legally, financially and technically qualified to own and operate the Cable System and it is in the best interest of the City to approve the transfer of ultimate control of Rogers, and therefore of the Cable System and the Franchise, to the Buyers; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CIBOLO, TEXAS : 1. The City Council of the City hereby affirmatively finds that Buyers are qualified to own and operate the Cable System serving the City through the indirect ownership of Rogers. 2 . The City Council hereby consents to and approves the transfer of ultimate ownership of Rogers, and therefore of the Cable System and the Franchise, to the Buyers; provided that such consent and approval shall be -2- conditioned on the filing by the Buyers with the City of an Acceptance Agreement (the "Acceptance Agreement") in substantially the form attached hereto. 3 . The City Council hereto affirmatively finds that, as of the date of the passage of this Resolution, the City has no outstanding claims, asserted or unasserted, against Rogers; and the Cable System is being operated in compliance with the franchise. Within thirty days of the filing of the Acceptance Agreement, Rogers is hereby authorized to cancel its insurance policies and faithful performance bond, the posting of which are required by the Franchise. 4 . The Mayor is hereby authorized to execute, with attestation, the Acceptance Agreement, in substantially the form attached hereto, upon filing, as herein required, by the Buyers. 5. This Resolution shall be effective from and after the date of its adoption. -3- PASSED AND ADOPTED this 1p day of 1988 . Mayor, City of Cibolo ATTEST: c ) al''�- City Secretary, City of Cibolo [SEAL] -4- ACCEPTANCE AGREEMENT WHEREAS, the City of Cibolo (the "City") has by Resolution No. lln� adopted on ,, , 1988 consented to the transfer of the ultimate ownership of Rogers Cablesystems of the Southwest, Inc. ("Rogers") , and therefore of the cable television franchise (the "Franchise") granted by the City to KBL Cable, Inc. and its parent, KBLCOM Incorporated (collectively the "Buyers") ; and WHEREAS, the Buyers have agreed to cause Rogers to perform its obligations and duties under the Franchise; and WHEREAS, upon the execution of this Acceptance Agreement, Rogers Communications Inc. , the previous ultimate owner of Rogers (together with all of its remaining subsidiaries) , shall be relieved of its duties and obligations and surrender its rights under the Franchise; now, therefore, IT IS HEREBY AGREED that 1. The ultimate ownership of Rogers, and therefore of the franchise, is transferred to the Buyers. 4 2 . The Buyers agree to cause Rogers to perform its duties and obligations under the Franchise; provided, however, that the Buyers do not hereby waive any of their Constitutional, Federal or State rights. EXECUTED as of the (off day of 4C.l�r,� 1988 . KBLCOM INCORPORATED By 4 0,10 KBL CABLE, INC. By t/ CITY OF CIBOLO By � �QtA ATTEST: Mayor City Secretary [SEAL] 1UOO.e -2- THE STATE OF TEXAS THE COUNTY OF GUADALUPE BEFORE ME, the undersigned authority, a Notary Publc in and for the State and County aforesaid, on this day personally appeared Elizabeth Ann Smith I know to me to be a credible person who upon oath deposes and says ; I am the City Secretary of the City of Cibolo, Texas and have acted in such capacity during the period of time covered by this affidavit . I do hereby certify that the attached ordinance/resolution adopted by the City Council of the City of Cibolo, Texas and approved by the Mayor of said City of Cibolo, Texas on the 6th day of December , 19 88 and recorded in the Official Minutes of the proceedings of said City of Cibolo and that a true copy thereof was posted in three (3 ) public places in the City of Cibolo, Texas for a period of not less than ten days from the 8th day of December , 19 88 to the 19th day of December , 19 88. Cityecretary of the City of C olo, Texas SUBSCRIBED AND SWORN TO BEFORE ME, the undersigned Notary Public, by Julia Jo Jeans , on this the 13th day of March , 19 89 to certify which witness my hand and seal of office. GUADALUPE COUNTY, TEXAS pUe+ JULIA JO JEANS Notary PubHe STATE OF TEXAS t ,rl•. /,�y My Commission Expires IE ,► ioF�E!� 6-11-89 My Comm ' on expires DAY OF , 19 Rogers Communications Inc. Suite 2600, Commercial Union Tower P.O. Box 249,Toronto Dominion Centre, Toronto,Ontario M5K 1J5 416-864-2373 February 21, 1989 Mr. David Walker City Manager City of CiboIo P.O. Box 88 Cibolo, TX 78108 Dear Mr. Walker: Thank you for your assistance and cooperation in the recently concluded City deliberations and approval of the transfer to KBL Cable Inc. (KBL) . Approvals in your city and elsewhere in the country have allowed us to establish March 14, 1989 as the proposed Investment Date under the Stock Purchase Agreement between KBL and Rogers U. S. Holdings Limited. To ensure compliance with the conditions of transfer, we are requesting your assistance in establishing a "Closing Agenda" with the City. Within the next two weeks, the companies ' attorneys will be providing you with copies of all draft documents necessary to conclude a "Closing" between the companies and the City. We enclose at this time, for your information, our preliminary list of documents and other action items which, in our view, will be required to be concluded on or before Macch 14, I9089. Tri is list should be reviewed by your City Attorney and discussed with the companies ' respective attorneys as necessary. The companies are meeting on February 27, 1989, to discuss these requirements. If you, or the City Attorney, could provide us with your comments prior to that time, it would be of great assistance. We would then have a pre-closing to confirm matters with you and the companies ' local representatives during the week of March 6, 1989. Please contact Rick Wolf of Sawtelle, Goode, Davidson & Troilo at 512-349-6484 or Robert Potts of Baker & Botts at 713-229-1234 for further information and clarification. DATE ALAMO HOT-SHOT, INC. f 1 P.O.BOX 12748 ) SAN ANTONIO,TEXAS 78212 (512)349.4111 N r F T L �_ R OCC-) I C� BILLING BILL REF N �, ADDRESS ND 2 Oo 3 O 1 � TO U A INTERLINE CARRIER BILL NO. i. BA DELIVERY DIRECT 1,/z HOURS 3 HOURS WEIGHT CHARGE 13 DESCRIPTION NO. PCS. RETURN ESIDENCE INITIALS: EXCESS PROOF OF WAITING TIME/ TIME Declared Value of damagedcclaims ared vaueY$21000.�CdLA MSnless MUST BElMADE WITHIN 48 OTHER $ HOURS.NOT RESPONSIBLE FOR CONCEALED DAMAGE. X CEIVED THE ABOVEINGOOD ORDER TIME: SHIPPER '"— TOTAL DRIVER BAKER & BOTTS OTHER OFFICES: 910 LOUISIANA WASHINGTON, D.C. DALLAS ONE SHELL PLAZA TELEPHONE:(713) 229-1234 AUSTIN FA X:(713) 229-1522 HOUSTON,TEXAS 77002-4995 TELEX:76-2779 H-3695 March 13 , 1989 Mr. Harvey Hardy BY MESSENGER City of Cibolo P.O. Box 88 Cibolo, Texas 78108 Dear Mr. Hardy: Enclosed is an original executed copy of the Accep- tance Agreement signed by KBLCOM Incorporated, KBL Cable, Inc. and the City of Cibolo. We are delivering this Acceptance Agreement to you to hold in trust until I call and tell you that it may be released. I anticipate calling you on the morning of Tuesday, March 14 , 1989 . The Acceptance Agreement will not be effec- tive until I call you to have it released to the City of Cibolo. If you have any questions you may reach me on Monday and Tuesday through Larry Macon ' s office at 554-5305 . Sincerely, ?- Eric T. Fur e ETF: 114 Enclosure cc: Larry Macon Rick Wolf Lee Sheehy Robert Potts ETFX20JE/069B01 CITY OF CIBOLO P.O.BOX 88 PHONE 658-9900 CIBOLO,TEXAS 78108 March 8, 1989 Mr. Harvey Hardy Hardy, Schwartzman, Bahan & Jacobson 800 N.W. Loop 410 San Antonio, Texas 78216 REF: Transfer of Ownership: Rogers Cablesystem to KBL Cable Dear Mr. Hardy: I have received the attached documents in regard to the acquisition of Rogers Cablesystems by KBL Cable Inc. and more specially as it pertains to continuing insurance coverage . Also, attached is a copy of the resolution we passed in support of the transfer. I would appreciate your review of these documents and advise as to their adequancy in meeting the interests of the City of Cibolo. With best regards , David D. Walker, City Administrator City of Cibolo DDW:as enclosures � D BAKER & BOTTS OTHER OFFICES: 910 LOUISIANA WASHINGTON, D.C. TELEPHONE:(713) 229-1234 DALLAS ONE SHELL PLAZA FAX:(713) 229-1522 AUSTIN HOUSTON,TEXAS 77002-4995 TELEX:76-2779 H-3695 March 6 , 1989 HOUSTON INDUSTRIES INCORPORATED (Rogers Cablesystems) Mr. Harvey Hardy City of Cibolo P. O. Box 88 Cibolo, Texas 78108 Dear Mr. Hardy: In connection with the anticipated acquisition by KBL Cable, Inc. of control over Rogers Cablesystems of the Southwest, Inc. ( "RCTSI") on March 14 , 1989 , enclosed please find a Certificate of Insurance showing the insurance cover- age for RCTSI that will be in effect on March 14, 1989 . In order to simplify the change in control, KBL Cable, Inc. has arranged for the existing performance bond (number 80975310C) for $50 ,000 in favor of the City of Cibolo not to terminate upon, but to remain in place after, the acquisition. I will be calling you soon to coordinate the filing with the city of the Acceptance Agreement required by Resolu- tion No. 1109 . Please call me (713/229-1122 ) or Larry Macon (512/554-5305) if you have any questions regarding this letter or its enclosure. Sincerely, �� Ajo;­ Robert Potts RJP :168 Enclosure cc : Mr. Rowland Geddie Mr. Larry Macon Mr. Richard Wolf 025RJPBQ/055C01 1 • INSURED 1 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS 039$69-77000—fl00004 NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATED NOT AMEND,EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. ROPERS CARLESYSTE_i5 Of THE COMPANIES AFFORDING COVERAGE SOUT14WEST. INC. (SAN ANTONIO DIVISION) COMPANY P. 0. ROY 1 121 LETTER A FEDERAL p OMp Y AN A T ♦ TEXAS 79293 COMPANY CERTIFICATE HOLDER LETTER B T D LOTTERNY C Of: CIROLO CITY OA r P. 0. SOX 156 COMPANY TS CIROLO. TEXAS 79108 LETTER D COMPANY LETTER E THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED.NOTWITHSTANDING ANY REOUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS,AND CONDITIONS OF SUCH POLICIES. CO TYPE OF INSURANCE POLICY EFFECTIVE POLICY EXPIRATION LIABILITY LIMITS IN THOUSANDS LTR POLICY NUMBER DATE(MM/DD/YY) DATE(MM/DD/YY) EACH GENERAL LIABILITY OCCURRENCE AGGREGATE A X COMPREHENSIVE FORM (90) 3 525 3000 3114/89 3114190 N°IRY $ $ x PREMISES/OPERATIONS X UNDERGROUND PROPERTY EXPLOSION&COLLAPSE HAZARD DAMAGE $ $ X PRODUCTS/COMPLETED OPERATIONS X CONTRACTUAL CoMBINED $ 1000 $ 11100 X INDEPENDENT CONTRACTORS X BROAD FORM PROPERTY DAMAGE X PERSONALINJURY PERSONAL INJURY $ 1 00(1 AUTOMOBILE LIABILITY oNJURY l� OO 2 BODILY ANY AUTO BODILY 92*]� (TEXAS) 0121108 n1 71 fp9 'PER PERSON) $ X ALL OWNED AUTOS(PRIV.PASS.) R A K 988100 (OTHERS) '3J 1.311[8 8 1131199 BODILY X ALL OWNED AUTOS OTHER ASSN) NJURY X HIRED AUTOS PER ACCIDENT) $ X NON-OWNED AUTOS PROPERTY DAMAGE $ GARAGE LIABILITY BI&PD COMBINED $ EXCESS LIABILITY V f C UMBRELLA FORM XL 279A$8 01011_Sg 10/01 /89 COMBINED 5000 X OTHER THAN UMBRELLA FORM $ 25OOf) WORKER'S COMPENSATION STATUTORY 13 AND 1 X 855 0 81311 38 x131189 $ 5O0 (EACH ACCIDENT) EMPLOYERS'LIABILITY $ 5110 (DISEASE-POLICY LIMIT) OTHER $ SOO (DISEASE-EACH EMPLOYEE) DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES/SPECIAL ITEMS ALL OPERATIONS. *CITY OF CIROLO IS INCLUDED AS ADDITIONAL INSURED AS PESPECTS LIARILITY ARISING OUT Of OPERATIONS PERFORMED RY NAMED INSURED. • SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE Ek PIRATION DATE THEREOF, THE ISSUING COMPANY WILLX1I4"AN"" JOHN L. WORTHAM & SON MAIL DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE P.O. BOX 1388 LEFT,it�FX)! ' R k�t'ilelt9'1!'RIF tt'kX"*PSIX�R1'�9('�7C9�1Fk`�'4t�X HOUSTON, TEXAS 77251 1 >t< �W'*y IFR" fE'>��f'A�PR4Nfl�(°I>t' l'9ls i j( AU7 R ED REP ENTATI .E I ISSUE DATE(MM/DD/YY) Rogers Communications Inc. Suite 2600, Commercial Union Tower P.O. Box 249, Toronto Dominion Centre, Toronto,Ontario M5K 1J5 416-864-2373 February 22, 1989 Mr. Harvey Hardy City Attorney City of Cibolo P.O. Box 88 Cibolo, TX, U.S.A. 78108 Dear Hardy: Further to my letter of February 21, 1989, I enclose a Notice of Cancellation of Insurance from our insurer. Please be advised that we have recently learned from KBL Cable Inc. that it will be arranging for a continuation of the existing insurance coverage on the same terms and conditions and with the same insurers. Certificates of such insurance will be provided to you on or before the Investment Date. incerely, B. Lind .� Chairman Rogers U.S. Cablesystems, Inc. PBL/cd cc: L. Garza V. Achber D.P. Miller A. Gnat, Q.C. D.A. Jones L.E. Sheehy W. Cropper W. Mobley J.P. Garrett R.J. Potts D. Edwards M.L. Goerner R. Wolf 'JU FEDERAL INSURANCE COMPANY CHUBS 26 Wellington St., East,Toronto,Ont. M5E 1 S2—(416)863-0550—Telex:06-23270 February 22 , 1989 Mr. Harvey Hardy City Attorney City of Cibolo P.O. Box 88 Cibolo, TX, U.S.A. 78108 Dear Mr. Hardy: It is understood and agreed that this letter, in accordance with the insurance cancellation and notifications requirements as agreed between Rogers Cablesystems of The Southwest, Inc. (San Antonio Division) and City of Cibolo, provides notice that the coverage provided by Federal Insurance Company (Policy Number FCPI35126732) will terminate on the later to occur of the "Investment Date" (as defined in the Stock Purchase Agreement between Rogers U.S. Holdings Limited and KBL Cable Inc. , Dated August 9, 1988 as amended) and the expiry of Thirty (30) days from the date of this letter. Yours truAy, David M. Gray Manager Commercial Lines Division /mt TT17T npl� � 11�L�®1V1 INC ORP ORATED March 15 , 1989 Mr. Harvey Hardy City Attorney City of Cibolo P. O. Box 88 Cibolo, TX 78108 U.S.A. Dear Mr. Hardy: As you know, Rogers U.S. Holdings Limited agreed to transfer control of its U.S. cable holdings to KBL Cable Inc. pursuant to a Stock Purchase Agreement dated August 9 , , 1988 , as amended. This is to advise you that the transfer of stock necessary to effectuate the transfer of control under the Stock Purchase Agreement was completed on March 14 , 1989 , thereby consummating the transfer of control. Enclosed please find a Stock Power evidencing this transfer of control . Very truly yours, 4582 South Ulster Street Parkway,Suite 405 Denver,Colorado 80237 303/771-0079 A subsidiary of Houston Industries Incorporated POWER OF AT71ORNEY ZD TRANSFER SIUM FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto KBL CABLE, INC. (name and address of transferee ) 141 ,673 share(s) of the COMMON number) — Capital ) Stock of RCA CABLESYSTEMS HOLDING CO. standing in. the name of the undersigned on the books of the said Corporation represented by Certificate(s) No(s). C3 and C4 and hereby irrevocably constitutes and appoints the Attorney of the undersigned to transfer the said share(s) on the books of the said Corporation, with full power of substitution in the premises. DATED at Toronto the day of March 1989 1 3NATURESGUARANTEED BY ROGERS U.S. HOLDINGS LIMITED r'iE TORONTO-DOMINION BANK FRONTO DOMINION CENTRE BLkWji By: ';ING ST. W. & BAY ST., ';:ONTO, ONTARIO, M5K IAZ r -ten MANAGcR