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• WHEREAS, Group N Cable has requested the consent from .the <br />City to a change fn ownership and control of Group <br />W Cable to the Buyers and the transfer. of ownership <br />-and control and nltiamte transfer of the Cable <br />Communications pranchise Ordinance as amended to 'North <br />Central .Cable Communications, L.P.; and <br />WHEREAS, the porth Suburban Cable Commission (hereinafter <br />"Commission") has been delegated the authority and <br />responsibility to coordinate, administer and .enforce <br />the Cable Communications Franchise Ordinance on behalf <br />of City pursuant to the terms of a Joint and Cooperative <br />Agreement for the ldministration of a Cable Television <br />Franchise; and <br /> <br />WHEREAS, the Commission has held a public hearing on behalf <br />of City and has reviewed the legal, technical, and <br />• financial qualifications of Buyers and found them <br />adequate to own and operate Group W Cable; and <br />WHEREAS, the Commission has recommended to City approval <br />of the transfer of .control of Group W Cable to Buyers <br />subject to the actual. closing of the stock sale in <br />June, .1986; and <br />WHEREAS, .the Commission and City have .been. advised by Group <br />W Cable and the. Buyers that the approval of •such stock <br />transfer to Buyers shall in no way be interpreted <br />as an approval, either express or implied, of the <br />transfer of ownership and control and .ultimate transfer <br />of the Cable Communications Franchise Ordinance to <br />North Central Cable Communications, L.P. <br />• -2- <br />