Laserfiche WebLink
S <br />I <br />WHEREAS the Commission has held public hear n on <br />behalf olf City and has revielw the, le alt technical f and <br />f,inanclial quali fi Lons North Central and finds no rea- <br />sonable bass. s to deny the request for transfer as result <br />of s i r-ev i, ew and <br />WH R,EA S, ,r the, CommIssion, has.recommended to C* t y approval <br />of the transif'e�r of control olf Grow W' Cable of the North <br />�S � .s, c, . to, North Central s � i j, e t to, the actual closing <br />o� f the sit,oclk sale* a�nd, <br />SERE �S t the Co�m s� n has, also r� cbmm n ald approval of <br />a r,equest by North Central t o plermiot the l edge as securifty � <br />to .t lei d',arsi the stock and assets o f North C� n ral and its <br />s� ab s i d i ar i s , which w*Include, Group, w Cable of the North <br />Suburbs, Inc, 4 <br />WHEREAS,,, the City d � s noit, of <br />interest, "in the sitock and assets. <br />NOW THEREFORE, BE IT RESOLVED by the Cl i t y Council of the <br />C i ty 01 <br />1.1 That the City hereby apipiroves the sale by <br />Group W Cable, Inc.1 of' all of the 11'ssued and <br />t s t n ing, shares, f the, caplital stock <br />Group W Cable olf the North �S b r s , Inc. and <br />the t,ransifer of control olf Group W Cable of <br />the North Suburbis, Inc,, to North Central s <br />j ec o n a itu 1 1 s n o the s Lock sales <br />transaction on or befoxe December 31, 1986 <br />