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Resolution 7070006.080.003 WSS /klt 08/15/90 RESOLUTION NO. 707 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, EXTENDING THE TERMS OF THE CURRENT FRANCHISE AGREEMENT TO CHAMBERS CABLE THROUGH AND UNTIL SEPTEMBER 30, 1990, PROVIDING FOR A RETROACTIVE FRANCHISE FEE. WHEREAS, the City of Edmonds, Washington, is currently engaged in the franchise renewal review process on the application of Chambers Cable; WHEREAS, the parties are currently negotiating in good faith but have been unable to reach agreement prior to expiration of the franchise; and WHEREAS, the parties wish to provide for an extension of the current agreement, subject to retroactive payment as provided herein of a franchise fee, in the belief that they will be able to reach agreement with respect to the terms of a franchise; THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The nonexclusive franchise previously granted to Chambers Cable to maintain and operate a community antenna television network within the City of Edmonds is hereby extended to September 30, 1990, under the terms of the franchise previously granted, provided, however, that by its acceptance of this extension Chambers Cable agrees to pay to the City upon execution of a franchise renewal agreement a sum equal to the WSS52604R -1- franchise fee as negotiated and agreed to by both parties calculated for the interim period. Section 2. This extension is granted based upon and in consideration of the good faith negotiations and efforts of both parties to reach a fair and binding franchise agreement. This extension of the franchise agreement may be further extended by action of the City Council subject to the terms herein provided. If Council finds that negotiations are at an impasse or that the public interest would be better served by a termination of the franchise agreement, it reserves such rights as it may have in law and equity to so terminate the agreement. RESOLVED this 21 St day of August , 1990. ATTEST /AUTHENTICATED: CIT CLERK, JACQUELINE G. PARRETT FILED WITH THE CITY CLERK: August 15, 1990 PASSED BY THE CITY COUNCIL: August 21, 1990 RESOLUTION NO. 707 WSS52604R -2-