3035Ronald C. Covey, M ATTEST:
Adopted by the City Council on February 10, 2009.
(Ronald R. Cone, Finance Director
•RESOLUTION NO. 3035
A RESOLUTION CONSENTING TO THE TRANSFER OF VIDEO INTERNET
BROADCASTING CORP.'S TELEVISION FRANCHISE TO IFIBER
COMMUNICATIONS CORPORATION
RECITALS:
1.Previously Video Internet Broadcasting Corp. received a cable television franchise to own and
operate a cable television system in the city pursuant to Ordinance No. 2061.
2.Video Internet Broadcasting Corp. has entered into an asset purchase agreement with iFiber
Communications Corporation providing for the sale, transfer, assignment, and conveyance by
Video Internet Broadcasting Corp. of the cable television assets serving the city subject to the
consent of the City Council.
RESOLVED:
1. iFiber Communications Corporation is bound to perform in the place and stead of Video Internet
Broadcasting Corp. all the terms, conditions, and provisions of Ordinance No. 2061. This
consent does not operate to extend any existing franchise or waive any failure on the part of
the franchise holder to perform under the ordinance granting the franchise.