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I WT <br />;Zeptiemberl 11, 19&jf- <br />Mr.Terry O'Connie,11 <br />Cable Administrator <br />Quad Cities Cable Commission <br />Anoka City Mal <br />2015 Firut Avenue North <br />Anckal MN 55303 <br />Dear Mr. O"Connell: <br />Attachm eint, C <br />In arranging the credit. for North Central Cable Communications <br />Corporation, we have reviewed in great detail the financial Condition and <br />pro forma, of North Central,, Based on our considerable knowledge of the <br />table television in try and the alpecilic cable systems linvolivied, we are <br />satisfied that the financial projections demons trot e, the ability- of North <br />Central to meet the requirements of the business. <br />We believe these financial pro jelecions, upon liih,ich we blamed our credit <br />Judgement, are reasonable and that they demonstrate in our professional <br />judge ment, P that the company is adequately funded undier all <br />, A reasonably <br />foreseeable circumstances. Beyond the t, from tim41 to time North Central <br />will 'have additional borrowing capacity avai'lable 'biased �uu poin, the, <br />pro -forma projections. <br />'In addition, we are very Pleased to be bankers <br />involvement of the principals of North Central <br />our credit analysis and appraval of the Unk"s <br />$50,000,000 facility as describled in detall in <br />dated June 19, 198 ,69 As such, we believe that <br />the residents of your commtnity with a high qua <br />system. <br />Sincerely, <br />Julian Harkby <br />Vice President <br />to North Cientral. The <br />was an izpartaftt factor in <br />commitment to, the <br />our, coluni tie nt liettler <br />Nor-th Central ill provide <br />alit yl cable tielevision <br />71 UE FIRST NATIONALSANK OF BOSION. Boslili Niasslliitizsct <br />