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0 <br />assigned lets right,s, and obli"gations in the earlier trans- <br />action to Di- H Holdings. <br />N'olrith Centrall-L,,P101 has been, assigned by D.H. Holdings <br />the right, to acquire the six MJnnesota systems by a joint <br />Venture Agreement dated June 131,r ',19�186., North Central '. P,. <br />has furtheir assigned its rote re 'in the Minnesota systems <br />to Nlorlth, Central by letter dated June 181p, "1986,v Thus,, it is <br />North Central which will ultimately own the stiock "in ealch <br />0 61 <br />spec 13 1 - fI I c ML nnesiota cable systemb <br />From the information we have reviewed, North Central is <br />a newly created corporation which is owned equally by Con- <br />t,ine ,,tal Cablevision of Minnesotan Inc,, and Hauser Cable of <br />Minnesota, Inc* The Commission should note that both Con- <br />tinental Minnesota and Hauser.mInnesolta are also stated to <br />be, newly created corpotat ions . <br />III* STANDARD REVIEW <br />The, Commission si task "in thi's, process is to review the <br />information 111 0, <br />, provided regarding the t,ran,saction and to recom- <br />mend to, I t s Ma us r C i ti Ie.. is approval or denial of the* transfer <br />of stock from Group, Wr Inc,, to North, Central* The Cities <br />must make the, ultimate determ, matt on., The, franchise and <br />state, statute provides the C,ities with the express right to <br />rove <br />sh ip 'In th <br />app or dis r ner <br />appove the transfer oif ow eir <br />franchise and siyste�mel Thiel standard of review "is that the <br />Cit es consent shall not, be unreasonably withheld. For the <br />purpose of determinjLng' whether 'it will consent to the change <br />� Mv� <br />