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TO -so Di,rectoirs olf the 14"orth Suburban Cable Commissio� <br />la 11 -.21 ol ol u, n s e <br />FRI a, Thomas Ds, Creightonr Lecal <br />f(evin Ps Cattolorl,, Eltanclial Communications Con,sul- <br />tant <br />11I <br />DATE26 oicitober 1, 19oll <br />LNE group W' Transifer, of ner'sh <br />The v%urpose'of th1`,s Memorandum is, to, u"date the North- Sub- <br />urban Cable � commission ("I C,ommliss ion tn <br />,) on e status of' the <br />r muelsit, from, Group W' Cable Inc e, to, the. member cities of the <br />commission to, approve the sale and transfer of all of the <br />isisiued, and outstandinig s s of the capital stock of Group <br />W' Cable oIf' the North Suburbs, Inc., to, Norttl Central Cable <br />("..ommunicat loins , C,oi p1 1r ti on ("North Central l'")I. This memo_ <br />random speclifically addresses the concerns expresseld 'D-y Mr II <br />aril attooii. I si f inanciial anialers' 1 <br />.y is a,s sitated 'n his memorandum <br />issued, September 11j, 191816 and the reasons for contlLnuing the <br />g <br />public, hearingel <br />As, not e1 iln Mr, Cattolorls, memoir�andum dated September 11i, <br />.C- <br />inanc i,al any lysi*s had surfaced the followi*nig <br />1,91 86, the, f,' <br />coin,cle, r ns sI <br />First, Nor J <br />North Central has, pr J1 that the cumulative cash <br />on hand necessary to, finance operat ion olf the sl'*.x Group 'W <br />is <br />cable siysitems in the Minneiapolisl/St,,, Paul area goes into a <br />negative :02 .9 milli on in the year 19913. Also projected by <br />1 <br />O'CONNOR & HANNAN <br />ATTORNEYS AT LAW' <br />WAANING?*N <br />PATRICK _j. O'CONNICIR <br />C16*V 101 I(A Ill To it <br />PATAICII O'CONNOR <br />ILOWAR'* W. BRCQXIE* <br />CN.RiST�N^ ri-rMS 8t.1E*AKf.--_v6 <br />CROPS"ap-Ew 'n. CC%jq9t1P4& <br />JOE A. '4AJ.1`CR% <br />TWOMAS A. WELLEP illf <br />I'l-or-0001"t Jr1J1R81EP <br />t.AwQlCNCC JEUWIIISSENI <br />38010 IDS CENTER <br />TH0104hos 14. OU11MIN16 <br />.-EaPI J. -Zwl a.- <br />MlIC14ACL 1IC. 6ACGUIPE <br />Raftrol J. CHNISTIANSION. JR. <br />RlI(;MAAO L. EVANS <br />KLVIIIN M. @14JISC)" <br />IV <br />801 SOUTH EIGHTH STREET <br />CWVID RI WIIII11PI11I <br />WICMAWO Q. MOAGAN <br />:3116SIEPT C. _4140va • <br />-CNN 'J. <br />WIILLIAMI It. P4r_Q101^l`l <br />JWII.1IC 41,. MANAUAFOR0 <br />PtTII L COOPER <br />MYLES J. AM811I <br />C14APINEv R1F.ZF.N3Tl <br />PETER <br />JAMES R. gGASICY <br />AN0OICW J. SHE^ <br />R08146,111? A. SCHImEL-MA! <br />MINNEAPOLIS, MINNESOTA5154012-22.54 <br />HOPIE 9, ?08'1`COA1 <br />THOMAS 111 .4011 <br />M. KAZION• <br />EMILY q. PAIIIIIII&OISC'm <br />0OuGII mia, CAIRINIVAL <br />JIAMICS C "UNICNISTIEPN <br />Two"Aal 10111. SWC111I <br />MAY E" <br />k.AUREN 'LOINCOGAN <br />MICHAEL J. 01RIll <br />(61 2) 341-3aOO <br />BA11411111v J. CUTLER16 <br />PETER` C. K1055LIL* <br />PATIRICK E. (YOONNIELL' <br />*%ORtW k �AXA-CEIII)CX10- <br />MACNIEL orimAiiiiI <br />TtMICIrMY vL _;tkolll <br />JOHN, ^. faulloram. JR, <br />MARGARET' 14. VAI %PAl.Kr61N8IUWQ <br />MAWK J. ATOT'll't. <br />JOSEPH 04. 1916ArcHFoRow <br />l!l C. AOLEII <br />WILL11AM it. rLvNNl <br />010114AILD, S�. AMISOUIN <br />PogEipl? IL i^SKOWIA1K <br />JONIN P. 00111EA0111I <br />JAIMES Kl%.r6S 110'1* <br />JAII A, CrMEARA <br />DEGIRIA G. STRCINLOW <br />E),IZARII W-VOISACH <br />TELEX, 21,91-015134 <br />.4. <br />Ill GORDON LICE* <br />WIL161AM r, HAWN SO., <br />.405CAT A. SOUNIGI <br />000rotl J. JrRANZIENI <br />Coll j. AYLING <br />T'SIMOTWY IM. HAAKEN <br />MICOl It. VCVCR <br />LZISISLAYWC CONSULUIPI <br />WILLIA00 01. HULL <br />yb4iol$dAls 0. <br />5'rEvEN1 J. 021llial <br />TELECOPIER (614 211 3143-1256 <br />C"AALES VIL GARRISON 1111'0 <br />Il SCOTT' Cj%JEST10 <br />NICK WAY <br />MOMENT 10, SINNIA11.111011141141 <br />ITIl111EEI1EIIIIINNCI4 ift, TM (10114 11211.186611 <br />L,AWIPINtNCC 01I M10160INCY <br />Vdillm-LIAMI 4:., KELLY 1101911&-119701 <br />GCNVCR <br />MAPTIN K. ACALINIC11111■ <br />ARNOLD IN. IWAPILAN"l <br />"RAY 10. , GAILT.CC*0116 <br />OIANE ALItSINII <br />OMICS w"" Anplicx N^Dlel'Oi Ormilt <br />1"EIRIEll III BOYLIEW <br />NOLA S. I <br />jAMIES A, NATtONS& <br />MARiANNE X. LIZZAI <br />DIRECT DIAL N�UIMB,ER <br />.1319MV19* <br />swirt 47,00, SU I TE all VELAZ1OUCZ,, ill <br />CAVIC A. 218filrAw <br />ONE UNITIED INAINK CEN'rE* 11919 FIENNSYLVANIA AVENUE N-w- MACRIC I. SPAIN <br />117001 LINCO'll STREET WASHIIINGTO04. 0. (:. ZOO1011-3483 43,11-31-010 <br />()ENVER. CQ 1610P.03-ill 12021 8471-141010 rtLex zass3i <br />•NG'T YACMer.4 OF M114NIESOTA 13 AR <br />Qwi &210-01001 OF COIUIN*CL LOCAL COUNSIL <br />01111" COUNSEL J011141NIJ. FLYININ <br />CMIO BURLINGAME* 0•10 C.'rPEE14iff <br />ROIJEAY W11EIGA0401 11" E. WILLIAM rRIOTTY'* <br />JOSLOW, E. IOIL1LONYI <br />TO -so Di,rectoirs olf the 14"orth Suburban Cable Commissio� <br />la 11 -.21 ol ol u, n s e <br />FRI a, Thomas Ds, Creightonr Lecal <br />f(evin Ps Cattolorl,, Eltanclial Communications Con,sul- <br />tant <br />11I <br />DATE26 oicitober 1, 19oll <br />LNE group W' Transifer, of ner'sh <br />The v%urpose'of th1`,s Memorandum is, to, u"date the North- Sub- <br />urban Cable � commission ("I C,ommliss ion tn <br />,) on e status of' the <br />r muelsit, from, Group W' Cable Inc e, to, the. member cities of the <br />commission to, approve the sale and transfer of all of the <br />isisiued, and outstandinig s s of the capital stock of Group <br />W' Cable oIf' the North Suburbs, Inc., to, Norttl Central Cable <br />("..ommunicat loins , C,oi p1 1r ti on ("North Central l'")I. This memo_ <br />random speclifically addresses the concerns expresseld 'D-y Mr II <br />aril attooii. I si f inanciial anialers' 1 <br />.y is a,s sitated 'n his memorandum <br />issued, September 11j, 191816 and the reasons for contlLnuing the <br />g <br />public, hearingel <br />As, not e1 iln Mr, Cattolorls, memoir�andum dated September 11i, <br />.C- <br />inanc i,al any lysi*s had surfaced the followi*nig <br />1,91 86, the, f,' <br />coin,cle, r ns sI <br />First, Nor J <br />North Central has, pr J1 that the cumulative cash <br />on hand necessary to, finance operat ion olf the sl'*.x Group 'W <br />is <br />cable siysitems in the Minneiapolisl/St,,, Paul area goes into a <br />negative :02 .9 milli on in the year 19913. Also projected by <br />1 <br />