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<br />. <br /> <br />. <br /> <br />ORDINANCE NO. 1175-A, Page 2 <br /> <br />Section 5. The City of La Porte hereby acknowledges and <br /> <br />consents to the grant of a security interest in such assets by Prime <br /> <br />Cable of Fort Bend, L.P.1 provided however, that any assignment of <br /> <br />the franchise caused by the exercise of rights granted pursuant to <br /> <br />such security interest, shall be in compliance with Section 30 of <br /> <br />Ordinance No. 1175. <br /> <br />Section 6. This assignment shall be effective at such time as <br /> <br />Prime Cable of Fort Bend, L.P., shall file with the City Secretary <br />of the City of La Porte, a written statement in the following form <br /> <br />signed in its name and in its behalf: <br /> <br />-To the Honorable Mayor and City Council of the City of La <br />Porte, Texas: <br /> <br />nFor itself, its successors and assigns, Prime Cable of Fort <br />Bend, L.P., a Delaware limited partnership, hereby accepts the <br />attached ordinance, and also City of La Porte Ordinance No. <br />1175, and agrees to be bound by all of the terms, conditions, <br />and provisions, of Ordinance No. 1175, and Ordinance 1175-A. <br /> <br />PRIME CABLE OF FORT BEND, L.P., <br />a Delaware limited partnership <br /> <br />By: <br /> <br />General Partner <br /> <br />"Dated this the <br /> <br />day of <br /> <br />, 1988.- <br /> <br />Section 7. The City Council officially finds, determines, <br /> <br />recites and declares that a sufficient written notice of the date, <br /> <br />hour, place and subject of this meeting of the City Council was <br />posted at a place convenient to the public at the City Hall of the <br /> <br />City for the time required by law preceding this meeting, as <br /> <br />required by the Open Meetings Law, Article 6252-17, Texas Revised <br /> <br />Civil Statutes Annotated1 and that this meeting has been open to the <br /> <br />public as required by law at all times during which this ordinance <br />and the subject matter thereof has been discussed, considered and <br /> <br />formally acted upon. The City Council further ratifies, approves <br />and confirms such written notice and the contents and posting <br /> <br />thereof. <br /> <br />Section 8. This Ordinance shall be in full force and effect <br /> <br />from and after its final passage and approval, which final passage <br /> <br />shall take place on second reading March 14, 1988. <br />