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HomeMy WebLinkAbout9914 - Radio Transmitter & Transmitting Tower MaintenanceRESOLUTION NO. 9914 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH CONSENTING TO AN ASSIGNMENT OF THE LICENSE AGREEMENT FRO14 HUTTON BROAD- CASTING, INC., TO WESTERN BROADCASTING COMPANY FOR THE OPERATION AND MAINTENANCE OF A RADIO TRANSMITTER AND TRANSMITTING TOWER ON CITY - OWNED PROPERTY NEAR THE INTERSECTION OF MON- ROVIA AVENUE AND 16TH STREET, CONTINGENT UPON FEDERAL COMMUNICATIONS COMMISSION APPROVAL WHEREAS, on October 27, 19130 , by Resolution No. 9913 , the City Council of the City of Newport Beach authorized the execution of a License Agreement with Hutton Broadcasting, Inc., 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„ Inc., has entered into an agreement with Western Broadcasting Company for the sale of radio station KOCM; and WHEREAS, the sale of said radio station to Western Broadcasting Company is contingent upon approval by the Federal Communications Commission; and WHEREAS, Hutton Broadcasting,. Inc., has requested that the City consent to the assignment of said License Agreement from Hutton Broadcasting, Inc., to Western 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 by the City Council of the City of Newport Beach that said License assigned from Hutton Broadcasting, Inc., to Company at such time as the Federal Communi approves the transfer of radio station KOCM Broadcasting, Inc., to Western Broadcasting transfer is completed. Agreement shall be Western Broadcasting rations Commission from Hutton Company and such BE IT FURTHER RESOLVED that the assignment of said License Agreement may be executed by the Mayor and City Clerk at such time as the Federal Communications Commission has approved the transfer of radio station KOCM to Western Broadcasting Company and such transfer has been completed. ADOPTED this 27th day of October ATTEST: C ty Clerk CERTIp�D A� E OR.CsINAI _..//..`..N...........�.`_. t ................. _ _. _.... ...... _ . � CITY CLERK OP THE CITY OP N B6AW OCT 3 11980 DATE _.�.......__ 1980. aiy t Page 2 kv 102280