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Thomas Dal Creighton, Esq#
<br />September, 26 191861
<br />Pawqel 4
<br />610, North Central sipelcifically confirms that 'it Iwill comply with
<br />t,hel linel extension provisions, oIf the franchise and that "it
<br />0 oil
<br />fully expects to have available all necessary financial
<br />4
<br />reisiou,rcIels, to do silo. Thi,s matter "is, specificalll addressed b1sp
<br />y ly
<br />'-I
<br />a provilision- of the First National Bank of Boston Commi tment
<br />Le�tteir of June, 9, 198,61, which reads, as follows:
<br />"Funding, additional to that desicribed 'in this lett,er can
<br />be, made availabille for such additional construction and
<br />insitalla,tioln of siubisic�riblerIs, as may be j u s 1 e by the
<br />prog,resis, off the blusiness if the, actual growth of homes
<br />in the, franchised ar as exceeds, the growth which has
<br />been forecast, by the borrower on the basi's of official
<br />Metropolitan Council growth proj"lectionsi.11
<br />7 North Central s�peciticIa,lly coinf irms that the senior debt to
<br />MI
<br />annualized operating
<br />cash
<br />f low ra,tiols r�ef lected 'in
<br />North
<br />Clentral's financial
<br />pro3ections are in compliance
<br />with the
<br />requirements of theFirst
<br />National, Bank of Boston
<br />Commitment
<br />Letter dated J'une 191,
<br />198�6.
<br />41 Aill
<br />This, is mad in
<br />letter
<br />bleltwelein North Central and
<br />the First National Bank
<br />of Boston
<br />d,ated September 181,
<br />1,9�86,,
<br />and provided as Attachment
<br />E,.
<br />We are, most, pileased that you have been able to, review this
<br />understanding wIi,th the resplectivel administrators and that it appears
<br />S, vi
<br />t,hat th,is ag�reement will permlot your Comm i ss ilions to expeditiou,sly
<br />W I*
<br />relcommend approval olf the transfer to theirl member munilicilpa. 1 ities.
<br />S$
<br />3.nceirely,
<br />mill il illim 0
<br />SI)AMES C. ERNOIJAN
<br />* . V
<br />James Cei Erickson, for
<br />NORTH CENTRAL CABLE COMMUNICATIONS CORPORATION
<br />Me
<br />0,
<br />cc: Burnsville/Eagan Cable Communications Commission
<br />North Central Siubu,rban Ciabille Communications Commission
<br />North SublurIban Cable Commisision
<br />Quad Citi'les, Cable Communi"cat ions , Commission
<br />Mr. Gus Hauser,
<br />Mr,, John Evans
<br />MrI. John Eddy
<br />JCE*OAJl
<br />
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