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'3'80
<br />
<br />February 12~ 1980
<br />
<br />"A~RESOLUTION APPROVING A TRANSACTION INVOLVING A TRANSFER OF THE CONTROLLING STOCK
<br /> INTEREST IN COX CABLE OF PORTSMOUTH, INC. TO GENERAL ELECTRIC COMPANY.
<br />
<br /> WHEREAS, Cox Cable of Portsmouth, Inc. has requested, in accordance with ~6-1/2-13 of the
<br />Code of the City of Portsmouth, 1973, as amended, that the Council of the City of Portsmouth
<br />approve a proposed transaction involving a transfer of the controlling stock interest in
<br />Cox Cable of Portsmouth, Inc. to General Electric Company, a corporation duly organized and
<br />existing under the laws of the State of New York; and
<br />
<br /> WHEREAS, the Portsmouth Cable Television Commission has considered
<br />recommended that Council approve such transaction as being in the best
<br />of Portsmouth; and
<br />
<br />the request and
<br />interest of the citizens
<br />
<br /> WHEREAS, the Council concurs in the recommendation of the Portsmouth Cable Television
<br />Commission that approval of the proposed transaction is in the best interest of the citizens
<br />of Portsmouth; and
<br />
<br /> WHEREAS, the proposed transfer will involve only a change in the ultimate controlling
<br />corporate entity of Cox Cable and will not affect the change in the franchisee or the
<br />management and continued operations of the cable television system within the City of Portsmouth
<br /> in accordance with the provisions of Chapter 6-1/2 of the Code of the City of Portsmouth,
<br />1973, as amended.
<br />
<br />NOW, THEREFORE, BE IT RESOLVED that the Council of the City of Portsmouth hereby consents
<br />to the transfer of the controlling stock interest in Cox Cable of Portsmouth, Inc. from Cox
<br />Broadcasting Corporation to General Electric Company. In granting this consent, it is
<br />expressly understood that there will be no change in the franchise or the management and
<br />continued operation of the Cable Television system within the City of Portsmouth and that
<br />Cox Cable of Portsmouth, Inc. will not engage in the selling or servicing of television
<br />receivers."
<br />
<br />Ayes: Barnes, Beamer,
<br />Nays: None
<br />Abstaining: Davis
<br />
<br />Early, Gray,
<br />
<br />Holley, Oast
<br />
<br />The following:'repoftB~weTe,received'from the City Manager:
<br />
<br /> 80-55- Consideration of an ordinance on first reading to appropriate $100,000 for
<br />structural and piping repairs to the 2 million gallon, 5 mile post, ground storage reservoir.
<br />
<br /> The ground storage reservoir tank was built in 1965. Serious cracks have developed
<br />in the floor and between the floor and the vertical support wall causing loss of water. This
<br />project is being substituted for the Godwin Street Reservoir which was pro~rammed for the 1979-
<br />80 Capital Improvements Program due to the seriousness of the leakage. The water is undermining
<br />the floor and will cause further damage and increased loss of water if not repaired immediately.~
<br />This project will be funded from Public Utility Bond proceeds. The City Manager recommends
<br />adoption on first reading.
<br />
<br /> On motion of Mr. Gray and seconded by Mr. Early, the following ordinance was approved
<br />on first reading, and by unanimous vote:
<br />
<br />"AN ORDINANCE TO APPROPRIATE $100,000 FROM THE CAPITAL IMPRO'fEMENT FUND FOR STRUCTURAL
<br />AND PIPING REPAIRS TO THE TWO MILLION GALLON FIVE MILE POST GROUND RESERVOIR."
<br />
<br /> Motion of Mr. Beamer and seconded by Mr. Barnes that
<br />Turzitlo Company, being the lowest responsible bidder in
<br />adopted by unanimous vote.
<br />
<br />the contract be awarded to Lee
<br />the amount of $100,000 and was
<br />
<br /> 80-56- Consideration of an ordinance on first reading to appropriate $56,000 from the
<br />Capital Improvements Fund for replacement of the gym floor at the Cavalier Manor Recreation
<br />Center and the Cold Weather Warm-up System for refuse vehicles.
<br />
<br /> $42,000 of the above appropriation will be utilized for the replacement of the
<br />Cavalier Manor gym floor due to water damage. The balance of this appropriation, $14,000, will
<br />be utilized for the purchase and installation of the Cold Weather Warm-up System for refuse
<br />collection trucks utilizing diesel engines. This system will not only add life to the diesel
<br />engines; but, will also eliminate large usage of diesel fuel now required for unproductive
<br />warm-up times. Based on weather conditions self warm-up can require from 30 minutes to 1 hour
<br />on a diesel engine. The City Manager recommends adoption on first reading.
<br />
<br /> On motion of Mr. Barnes and seconded by Mr. Oast, the following ordinance was approved
<br />on first reading, and by unanimous vote:
<br />
<br />"AN ORDINANCE TO APPROPRIATE $56,000 FROM THE CAPITAL IMPROVEMENT
<br />OF THE GYM FLOOR AT THE CAVALIER MANOR RECREATION CENTER AND THE
<br />OF A COLD WEATHER WARM UP SYSTEM FOR REFUSE VEHICLES.
<br />
<br />FUND FOR REPLACEMENT
<br />PURCHASE AND INSTALLATION
<br />
<br /> Motion of Mr, Barnes and seconded by Mr. Gray, that the contract for the gym floor be
<br />awarded to Ceramic Tile of Virginia Beach, and for the diesel warm up system to John A. Bender,
<br />Inc., in the amounts of $42,000 and $14,000 respectively, both being the lowest responsible
<br />bidder, and was adopted by unanimous vote.
<br />
<br /> 80-57- Consideration of an ordinance on first reading to appropriate $4,430 from the
<br />Capital Improvements Fund for repair of the mooring dolphin for the Lightship Museum.
<br />
<br />The mooring dolphin for the Lightship Museum has been damaged by one of the
<br />
<br />
<br />
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