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HomeMy WebLinkAbout2011-111 Release Agrmt - Falcon (Charter) Cable " SETTLEMENT AND RELEASE AGREEMENT this This Settlement and Release Agreement (the "Settlement Agreement") is made ? day of ~, 2011, by and among the City of Ashland, Oregon (the and Falcon C~ems Company II, L.P" locally known as Charter "City") Communications ("Charter") (collectively referred to herein as "the Parties"). RECITALS WHEREAS, Charter operates a cable system in the City of Ashland, Oregon and pays franchise fees pursuant to a franchise agreement between the parties (the "Franchise"); WHEREAS, the City conducted an audit of the franchise fee payments made by Charter for the period from January I, 2005 to December 31, 2010 (the "Audit Period") and concluded that Charter underpaid franchise fees for the Audit Period, WHEREAS, Charter agrees to submit payment to the City in the amount of three hundred twenty seven dollars ($327,00), to forever settle past claims on franchise fees due the City for the Audit Period; WHEREAS, the City and Charter now desire to conclude, settle, release and discharge once and forever, all rights, claims, causes of actions, liabilities, disputes and demands relating to the City's past claims on franchise fees due the City; WHEREAS; the. Parties further expressly agree that terms related to this Settlement shall not be used by either Party as precedent on a going-forward basis in connection with .any future dispute between the Parties related to franchise fees; NOW THEREFORE, in consideration of the foregoing, and in consideration of the mutual promises and obligations hereinafter set forth, and for good and valuable mutual consideration, the receipt and sufficiency of which is hereby acknowledged, the parties to this Settlement Agreement hereto agree as follows: AGREEMENT I. SETTLEMENT AMOUNT The City and Charter have agreed that Charter shall submit payment to the City in the amount of three hundred twenty seven dollars ($327.00) in full settlement of past claims on franchise fees for the Audit Period. Charter agrees to pay this amount to the City within forty-five (45) days after receipt of the executed Settlement Agreement from the City. It is expressly understood and agreed that the Settlement Amount represents full and complete satisfaction and compromise of any and all claims, actions, causes of action, controversies, demands, damages, debts, agreements, obligations, liabilities, interest, liens, expenses, costs, attorney's fees and demands of any kind or nature, known or unknown, arising out of or in any way related to the City's past claims on franchise fees due the City during the Audit Period. It is understood and agreed by the City and Charter that nothing herein shall be deemed to be an admission of liability by Charter with respect to the matter of this Settlement Agreement.. Furthermore, the failure of Charter to dispute some or all of the findings of this franchise fee audit shall not be taken or held to be a waiver of Charter's right to dispute any or all of the findings offranchise fee audits subsequent to the Audit Period. Additionally, notwithstanding any other provision of this Settlement Agreemerit, the Parties hereby acknowledge and agree that any franchise fee payment made pursuant to the Franchise may be recovered by Charter from subscribers in accordance with applicable law and that such furids may be included as line items on subscriber bills consistent with FCC regulations at Charter's discretion. 2. RELEASE OF CLAIMS For the consideration set forth in this Settlement Agreement, the City does hereby release and forever discharge Charter, and its parents, subsidiaries, related affiliates and their respective officers, directors, shareholders, owners, partners, employees, agents, contractors, representatives, predecessors, successors, assigns, insurers and attorneys, and \ each of them, from any and all claims, demands, actions, causes of action, liabilities, obligations, losses, accounts, debts, damages, judgments, costs, interest, expenses, attorney's fees and demands of any kind or nature, known or unknown, arising out of or in any way related to the City's past claims on franchise fees due the City during the Audit Period. Furthermore, the City expressly agrees that this settlement, and/or the ; events leading up to it, including the dispute with respect to the payment of franchise fees during the Audit Period; may not be used in any way in any subsequent judicial or administrative proceeding against Charter other than to enforce the terms of this Settlement Agreement. 3. VOLUNTARY AGREEMENT This Settlement Agreement is freely and voluntarily given by each party, without any duress or coercion, and after each party has consulted with its counsel. Each party has carefully and completely read all of the terms .and provisions of this Settlement Agreement. 4. AUTHORITY AND BINDING EFFECT City and Charter represent and warrant to the other that each has the legal right, power and authority to enter into this Settlement Agreement and to perform its obligations hereunder. This Settlement Agreement will inure to the benefit of and be binding upon the parties and their respective successors and assigns. The parties for themselves and their respective successors and assigns agree to join in or execute any instruments and to do any other act or thing necessary or proper to carry into effect this or any part of this Settlement Agreement. 5. ENTIRE AGREEMENT This Settlement Agreement sets forth the entire agreement between the City and Charter relating to the subject matter of this Settlement Agreement. ,'.1 . 6. GOVERNING LAW This Settlement Agreement, and any controversies arising hereunder, shall be interpreted and adjudicated in accordance with applicable federalla~ and the laws of the State of Oregon, whose courts shall have exclusive jurisdiction thereof. IN WITNESS WHEREOF, the parties have executed this Settlement Agreement as their free and voluntary acts and deeds, effective as of the date first above written, City of Ashland, Oregon Falcon Commnnity Cable II, L.P, d/b/a Charter Communications By: Charter Communications VII, LLC its General Manager By: Charter Communications Inc., its Manager By: dK~.~BY: Printed Name:.t>.L. 7i Printed Name: Sworn before me in the City of M~d, State of ~ My Commission Ex ires: '1.'1iR.1.Jo . ..'OfAcIALSEAl BARBARA. M,.CHRI8TENSEN NOTARY PUBUC-oflEOON COMMISSION NO. 442684 MY COMMISSION EXPIRES SEPT;. \6; 2013 tJ/C..... , this ~ day of ,2011. .tk~ Notary Public Sworn before me in the City of , State of , this _ day of ,2011. My Commission Expires: Notary Public ~~~ S,g~~f Date