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<br />, <br /> <br />. <br /> <br />, <br /> <br />./~j6 <br /> <br />(3 a,(l,;...{J>'.(-'~~.;" <br />:!..~t~ JiA./, <br /> <br />, <br /> <br />COUN'l'Y OF <br />CITY OF <br /> <br />STATE OF MINNESOTA <br />RAMSEY <br />ARDEN HILLS <br /> <br />RESOLUTION NO. 86-25 APPROVING <br />THE TRANSFER OF OWNERSHIP <br />OF GROUP W CABLE. INC. <br /> <br />WHEREAS, Group W Cable, Inc. , a New York Corporation <br />(hereinafter "Group W Cable"), by and through Group <br />W Cable of the North Suburbs, Inc., a wholly-owned <br />subsidiary, owns, operates and maintains a cable <br />television system in the City pursuant to the terms <br />and conditions of City Ordinance No. 226 <br />(hereinafter "Cable Communications Franchise <br />Ordinance"); and <br /> <br />WHEREAS, Group W Cable's parent corporation, Wesingthouse <br />Broadcasting and Cable, Inc., an Indiana Corporation <br />(hereinafter "Westinghouse"), desires to sell and <br />otherwise transfer all of the issued and outstanding <br />shares of the capital stock of Group W Cable to Century <br />Southwest Cable Television, Inc., a Delaware <br />Corporation; TCI Holdings, Inc., a Colorado Corporation; <br />American Television and Communications corporation, <br />a Delaware Corporation, and affiliates of, or <br />subsidiaries or partnerships owned or controlled by, <br />Houston Industries Incorporated, a Texas Corporation; <br />Comcast Corporation, a Pennsylvania Corporation; and <br />Daniels & Associates, Inc., a Delaware Corporation; <br />(hereinafter "Buyers"), and thereby transfer control <br />of Group W Cable to the Buyers; and <br />