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946ORDINANCE NO. 111 AN ORDINANCE GRANTING PERMISSION FOR THE TRANSFER OF THE GVMMUNITY ANTENNA TELEVISION FRANCHISE FOR EDGEWATER, FLORIDA TO TELE- PROMPTER SOUTHEAST, INC., A WHOLLY -OWNED SUBSIDIARY OF TELEPROMPTER CORPORATION; REPEALING ALL ORDINANCES AND RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE THEREFORE. BE IT ENACTED BY THE PEOPLE OF THE CITY OF EDGEWATER, FLORIDA: WHEREAS, pursuant to Ordinance 663 a community antenna television franchise is presently held by Teleprompter of Florida, Inc., a Florida corporation, and WHEREAS, Teleprompter Corporation, a New York corporation, is the parent and sole shareholder of said Teleprompter of Florida, Inc., and WHEREAS, application has been made by Teleprompter Corporation, Teleprompter Southeast, Inc., and Teleprompter of Florida, Inc. for permission to transfer and assign that franchise to Teleprompter Southeast, Inc., a wholly -owned subsidiary of Teleprompter Corporation, now therefore, BE IT ENACTED BY THE PEOPLE OF THE CITY OF EDGEWATER, FLORIDA: SECTION 1. Pursuant to the terms and conditions of said Ordinance, particularly Section 18 thereof, permission is hereby granted to transfer the franchise therein granted to Teleprompter Southeast, Inc. by aforesaid Ordinance and upon notification that such transfer has been completed, the franchise therein granted shall be deemed to be amended to substitute Teleprompter Southeast, Inc. in the place and stead of Teleprompter of Florida, Inc. SECTION 2. That all Ordinances or parts of Ordinances and all Resolutions or parts of Resolutions in conflict herewith be and the same are hereby repealed. SECTION 3. This Ordinance shall take effect immediately upon its adoption by the City Council and approval by the Mayor at second reading. SECTION 4. The City Clerk is hereby directed to advertise this Ordinance as required by law. The first reading of the above Ordinance was read in full and passed by vote of the City Council of the City of Edgewater, Florida a''/It11""a regular meeting of said Council held on the I��' day of AQLcQ/,.� , 1975 and approved as provided by law. The second reading of said Ordinance to be at a eetin g of the City Council! to be held on the_jrf� day of A.D., 1970, roll call vote being as follows: ATTEST: Mayor —� It , Count i�Ytnan FIRST READING U ,c(u/ py� Counciln Counc man i mCouncilman -2- Ma or �T C cilman 7— SECOND READING Councilman FMI Councilman .- IL Co-uncilffian ATTEST: CCity �Clerk� Ap oved this ay of A.D., 1974. Mayor This Ordinance was prepared by: Joseph E. Weaver, City Attorney -3- TCLC-PROMPTC-R 80 WEST MM STREET • NEW YORK, NEW YORK 10038 • Ceble Address: TELEPROMPT • Telephone (212) 886-7500 CWIRE FELDMAN ft'huredf Sepel August 10, 1976 j City Clerk City Hall Edgewater, Florida Gentlemen: In accordance wit Ordin��f� 9d / • please be advised nsfer referred to therein has been completed. Please mark your records to reflect this information. Very truly yours, 66 cJ —;1el rx4 -- CF:sf cc Arthur Dornbusch New Smyrna Beach Office