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0 <br />0' A <br />RESOLUTION RECOMMENDING APPROVAL <br />REGARDING THE TRANSFER, OF OWNERSHIP <br />OF GROUP W CABLE OF THE NORTH SUBURBS, INCI <br />11 <br />WHEREASip the North Subiur n Ca,bl,e Ciommisision <br />after (here-in- <br />a jL <br />H ) 6, <br />"Co mmiss Ion s delegated the authority and <br />*1 minister responsibi"111-tyi to, coordinate, administer and enforce the <br />I <br />Cable Colmmu,ni cat ions, Franchil"se Ordinances,, a,s amended,,, of <br />11 <br />its Member Cities, plursivant to the terms, of a Joint and <br />f1i <br />Coloperati've Agreement, foir, the Administration of a Cable <br />ivi <br />Television Franchise,; and <br />WHEREAS, Group W Cable,, Inc .l. a New York Corporation <br />(hereinafter "Group W' Cable,"'), by and through Group W Cable <br />1 0 <br />of the North Sublurbisi, Ice.n, a wholly -wine subs l'dlaryf owns, <br />opeires and maintains, a cable television system in the <br />member C-ities pursuant, to, the, terms, and conditions of the <br />'a it Conununications, Franchise Ordinances, as amended, li <br />81 It <br />effect in the, Member Ciitesloo and <br />WHEREAS,, Group W' Ca ,e desires to sell and othieriwimse <br />transfer all of the i,ss,ued and outstanding shares of the <br />capital stock, of Group W' Cable of the Nor ,th Suburbs to North <br />Central Cable Communications, Corporation, (hereinafter <br />"North Centrall"), and, thereby transfer control, of Group w <br />Cite of the, North Suburbs, Inc,, to North Cientral; and <br />I <br />WHEREAS,, Group, W Cable has, rlelq,uested the consent from <br />a <br />the Member Cit,les to a change, in ownership and control, of <br />Group W Cable, of the North, Suburbs, Inc i,,, to, North Cientrall, <br />and <br />