1
Exhibit 10.24
EXTENSION AGREEMENT
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WHEREAS, Enstar PBD, (hereinafter referred to as "Falcon"), lawfully
provides cable television services to the residents of Mt. Carmel, Illinois; and
WHEREAS, the City of Mt. Carmel and Falcon desire to continue to
provide uninterrupted cable television service to the subscribers of Falcon in
the City of Mt. Carmel pursuant to a valid cable television franchise; and
WHEREAS, the public health, safety and welfare of the residents of the
City of Mt. Carmel will be served by granting a franchise extension to Falcon
pending the completion of the franchise renewal process; and
WHEREAS, the City of Mt. Carmel and Falcon will each retain their
respective legal rights and responsibilities under applicable federal, state and
local law, including the right to initiate formal cable act renewal procedures.
NOW, THEREFORE, in consideration of the mutual benefits to be derived
between the parties hereto, it is agreed that the cable television franchise
under which Falcon has presently been operating in the City of Mt. Carmel is
hereby extended until such time as the City of Mt. Carmel shall formally grant
or deny a franchise renewal, consistent with the provisions of Section 626 of
the Cable Communications Act of 1984 as amended.
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Notwithstanding any provision to the contrary, either Falcon or the
City of Mt. Carmel shall have the right to terminate this Extension Agreement
upon thirty (30) days written notice of termination to the other party.
Executed this the 8 day of December, 1997.
CITY OF MT. CARMEL
BY /s/ Xxxxxx X. Xxxxxxxx
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XXXXXX X. XXXXXXXX, Mayor
ATTEST: /s/ Xxxxx X. Xxxxxx
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XXXXX XXXXX, City Clerk
ENSTAR PBD (FALCON)
BY /s/ Xxxxxx Xxx
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This document prepared by:
Xxxxxx X. Xxxxx
City Attorney
000 X. 0xx Xx. - Xxxxx 000
X.X. Xxx 000
Xx. Xxxxxx, XX 00000
(000) 000-0000
