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Agenda Packets - 1986/05/19
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Agenda Packets - 1986/05/19
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3/31/2025 3:42:28 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/19/1986
Description
Work Session
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Inc., by and on behalf of its wholly -owned subsidiary <br />Group W Cable of the North Suburbs, Inc., requesting two • <br />forms of approval: <br />a) Consent to a change in control and transfer of <br />ownership in Group W to a group of five Buyers <br />(transaction one); and <br />b) Consent to a change in ccntrol and transfer of <br />ownership in Group W and transfer of the Cable <br />Communications Franchise Ordinance to North <br />Central Cable Communications, L.P. (trans- <br />action two). <br />On February 25, 1986, the Commission sent to Group W and <br />North Central a Municipal Request for Information Re- <br />garding Request For Approval and Transfer for the pur- <br />pose of inquiring into the legal, technical, financial, <br />and other qualifications of North Central, as authorized <br />and required by state law and the Franchise. <br />3. The Commission requested the return of the Municipal <br />Request For Information from Group W and North Central <br />by March 11, 1986 so that it would have sufficient time <br />to review the information. North Central filed its <br />response to the Municipal Request For Information on <br />March 24, 1986. . <br />I. The Commission received on April 14, 15, and 17 a <br />request frcm Group W, North Central, and the Buyers, <br />respectively to bifurcate its consideration of the two <br />transactions. Group W, Ner:h Central, and the Buyers <br />stated in effect that consent to the first transaction <br />would in no way be construed or viewed as consideration <br />or consent to the second transaction <br />The Commission gave notice and held a public hearing on <br />April 3, 1986 for the purpose of providing the public <br />with an opportunity to comment on the two transactions. <br />On April 3, 1986 the Commission reviewed and discussed <br />the information it had received from Group W and North <br />Central. The Commission determined it necessary to <br />continue the public hearing with respect to transaction <br />two because of incomplete responses to requests for <br />information from North Central. <br />The proposed transaction two involves Daniels G Associ- <br />ates, Inc., a Delaware Corporation; Daniels -Hauser Hold- <br />ing Company, a Colorado general partnership; North <br />Central Cable Communications L.P., a Minnesota limited <br />partnership; and Hauser Cable Communications, inc., a ' <br />Delaware Corporation. <br />2 <br />
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