0
<br />STATE OF MI NNESOTA
<br />COU NTY OF'
<br />C.
<br />1Y OF
<br />RE S OL,UT 101 N NO APPROVI NG
<br />THE RA,NS,FER OF OWNERSHIP OF GROUP W CABLE
<br />OF THE NORTH SUBURBS I *
<br />I NCI
<br />I
<br />WHEREAS,, Group, W Cable,,,, Inc.,, a New York Corporation
<br />( her einaf ter, "Group, W Clable") by and throuligh Group W Cable
<br />of the North Suburbisl, Inci, a whoilly-lowneld subisid,iary, owns,
<br />olperlat,es and maintains a, cable, television system in the City
<br />pursiu,a,n,t, to the terms, and condl, t ion s- of Clity Ordinance No,
<br />(here ,inafter "Cable, Communi'cat3L,oins Franchise
<br />Ordinance") and
<br />11
<br />WHE REAS,,, GroupW Cable desires to, sell and otherwise
<br />triansfer all of' the issued and outstanding shares of the
<br />c *t,al stock of Group, W Cable of the North Suburbs,, Inc. to
<br />ilap i-
<br />'North CeinttIal Cable Communications Corporation (hereinafter
<br />"' "North , Central"'), and thereby transifer control of Group W
<br />Cable, of the North Siu,blu,r s Inc, ,if to North Centrals and
<br />WHEREAS, Group, W Cable has requesitied the consent from
<br />the City to, a change 'in owniership, and control of Group W
<br />I
<br />Cable, of the North Suburbs,, Inc .1,, to, North Central* r and
<br />WHEREAS, the North Suburbs, Cabile CommisslLon (he reinafter
<br />filColmmi,sis loin") hay been del legated the authority and respons,l'-
<br />bility to, coordinate, administer and enforce, the Cable Com-I
<br />munications Franchise Ordinance on, behalf of City pursuant
<br />Al
<br />to, the terms, of' a Joint and Cooperative Ag,reement for the
<br />Admini,stration of a Cable, Television, Franchise, and
<br />
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