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<br />23. North Central has not provided supporting documentation
<br />showing the terms and conditions of its financing avail-
<br />able to meet the franchise requirements and operational
<br />alans., por the' purpose of reviewing its overall finan-
<br />ctalplan, confirmation of the terms and conditif;)na of'
<br />f'inancinq are- nec:esaary. Moreover, North Centr~l bas
<br />no~ prav'ided supporting docum.entation of the t..rms and'
<br />,concti.t:ions af i,ts financing; for the purpose C)f' revieWling:
<br />~t. faapace, aft die operational plans of the system.,
<br />
<br />'_.,''!he cabJ.esystea has experienced, short-terlll, operatinc;
<br />.' ,Jexpma. short:.falls in the- recent preced'inq !ears.' Nb.il~
<br />, '~,..It= fa _uaaacf by the- Commission that any t:ra~fere. or
<br />'," . ,etle a2se.. _uI~ actempt: tc remediat. such shortfalls,..
<br />~ C'eftuaJ;, bas fail.ed: to' deaions trat. that it co~d '
<br />,:"" , .~~~hseand such short~te~ cref1c:Lt$.... :;,,~:
<br />,~,":;.,.+~~~;':\,::t7':'jf;;";';> \Y". . .' , 'c,,"':E"".,:~"
<br />'. "JfteO,a-t'!Q1It wltich has been: suppLied' by North c.n.t:nI!:
<br />'t:. .Em larg.e part:. ~inanc:iat i~f'o~t1.(;)l~ for' ak;
<br />.._ ay_... im.llinn..ota.. '!he CblnDdsaiolt'reprttS..'
<br />"~' ,~. . sta' ";lst.elllS.. .. '!he Co~i saiom finds. ft.. ;,d>:);;. .,.
<br />t:Q__t~z. the efnanctaL abiI.Mtr o,e. N'Ort~:'.<',~,.,
<br />;;,pIat:Jtge to.. this ~:P~" 1lIft:ho~ aystea. .~ec; lc i
<br />
<br />. . . ~~:'~1!~'~:i'>;;.f\"2:s~F?i;~;;",~!iiw~~t '
<br />. 'b8.<'.~I:;fStud_"it5'f1._c:W "9.0"'$'."''''
<br />,;<""."" 't:J . "Dr;"'~m'OI!"';'suDscrLtHnt" ~Io_.
<br />. "";;'~~o.:r'5U"". ~ _lt~~. ot!.~mllW."~.'
<br />. ,t!~"_;t'It1.\_cebt,.een.t:ran. aali'iuot:.SUWJUtd, sU.91ic:$eftt:"~,
<br />.,....;' ';ildbe_tfOl.ano. c!bc:UIR8liealt.tOIb; .art the" G:baafs.;...'.
<br />~.. .... .'. ", .,. . .'. ..... .... .. ."," ...... .,,'
<br />'iJ~.'~~lW ..thee: .a~,.finand:~,;.raas ~~..'{;::' .
<br />.,::. ....,."..(~r:earecit:ione4gp...r...,;:< as.,esu1:t: 04.. '..
<br />.~ .Im ehe ~y;st.eJll.&,~c:oam~om~t..r-i'tl.
<br />.. .....ct R~fec::t:f.oRS__ ~reasonable_':~~';/:
<br />'. . ..... . ;','f,'{i'<<' 65:":,i':"~~'0rx.;;:~:'$tJ.lk~'i1;'5i,:;.,:r~;;f*k;~f;'L~ff:;~'...i,;2;t'~~~\1
<br />~.. ~r-e fed'e~~anafalf'lJIlo~~m' kc., lfortl'A ."
<br />. d,.:~?t!Ie,CoIIaIrfssJ:.oJt;' detaaafnes, tbat: the. !fnan'
<br />i~I.~' '()tf.JfO~ Cent!:&[. ..~'.._et emat:fng ~d:' eu~.:.'.
<br />bI~fo~ _'iJracfequ.te,,:';H';~. co_is_aD ~, n~~
<br />. . . ,..:tbe ~.r4f' t;hat:. theexfseem:e oE ~~fcfent; ~lorraa.~,:,;;
<br />~.'~ar&t:roa; wouIcf nOt 1m anc!' of it:s..I~ ba.VI!' Zedi'~
<br />.: ~Jidr-mj;,: at: adequate efmm~at. ab~IJ:.~~ ,. ~e' ~eenC&
<br />,.,>;<'clf"~t>> bEoaaa.t:i.Ofti; wouJ:d! tra.v~' ~e~ed 'QnX~ .as . b~~
<br />"".;/",;,;);eor",e.tte.CbtelastOIt to perforDt CD eomp.le-e..' ~i:itanc:iar :,:
<br />~:'i'.:itanaX:pf. wtrtea. IDaY' ar may aot: haveresuIted: fn: . . deter-
<br />?':"iJi~';::7.',Jdn.t:foft,tha~ NOrth; Central:. wasfinanctai1r &bre to:! .
<br />'",~;;,'i..-:::'3::~;'fu;If~t .~i:st1.nCJ and fu.ture obLfgation$~.'
<br />'t~">;)~,.: :. ,':i, '-'.;<~g1;~0"',}":- - .,~.... ..... . .
<br />'~'..'" .. ,',:'" .. -.. . -'"";." '.... .. .. /
<br />~~,~.,i);,~~>~'''t;~ Comatiss.ion' de1:e,rmin~$ t~. financial. qualUicat.lons
<br />;::,':".-::.';~;.''b:.oe ~th Central. are unaatisfac.torr andt unacceptal;l1.e., ,
<br />/G,if:'~~;(U:'i,{4;>.:~)~:}".,,' ,. "'.
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