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HomeMy WebLinkAbout9492 - C-2068 Radio Transmitter & Towerr RESOLUTION NO. 9492 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH CONSENTING TO AN ASSIGNMENT OF THE LICENSE AGREEMENT FROM SUCCESS BROAD- CASTING COMPANY TO HUTTON BROADCASTING COMPANY FOR THE USE OF THE RADIO TRANSMITTER AND RADIO TOWER NEAR THE INTERSECTION OF MONROVIA AVENUE AND 16TH STREET, CONTINGENT UPON FEDERAL COMMUNICATION COMMISSION APPROVAL (C aeb8) WHEREAS, on September 23, 1968, by Resolution No. 6874, the City Council of the City of Newport Beach authorized the execution of a License Agreement with Success Broadcasting Company for the use of a radio transmitter, tower and studio on certain City -owned property on the south side of 16th Street westerly of Monrovia Avenue in the City of Newport Beach; and WHEREAS, Hutton Broadcasting Company has entered into an agreement with Success Broadcasting Company for the sale of radio station KOCM; and WHEREAS, the sale of said radio station to Hutton Broadcasting Company is contingent upon approval by the Federal Communication Commission; and WHEREAS, Hutton Broadcasting Company has requested that the City consent to the assignment of said License Agreement from Success Broadcasting Company to Hutton Broadcasting Company to maintain the use of the radio transmitter, tower and studio; and WHEREAS, the City Council has considered the assignment of the Lease Agreement and found it to be fair and equitable, NOW, THEREFORE, BE IT RESOLVED that said License Agreement shall be assigned from Success Broadcasting Company to Hutton Broadcasting Company at such time as the Federal Communication Commission approves the transfer of radio statio KOCM from Success Broadcasting Company to Hutton Broadcasting Company. T BE IT FURTHER RESOLVED that the Assignment of License Agreement may be executed by the Mayor and City Clerk at such time as the Federal Communication Commission has * approved said assignment. L . ADOPTED this ATTEST: z� L�— ity Clerk �CERTIFIED THE ORIGINAL CITY CLERK OF THE CITY OF ORT BEACH DATE, DEC 2 2 1978 .................. 20th day of December 1978. -2- HRC /kb 12/13/78