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Agenda Packets - 1986/10/13
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Agenda Packets - 1986/10/13
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4/1/2025 2:36:49 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/13/1986
Description
Regular Meeting
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by a Board of Directors designated by the new Buyers. Each <br />Buyer has primary operational responsibility for the group <br />of cable systems which it had agreed to subsequently pur- <br />chase or dispose of pursuant to the Buyer's purchase agree- <br />ment. <br />The six suburban Minnesota efystems had been designated <br />by the Buyers to be purchased by Daniels & Associates, Inc. <br />("Daniels"). Daniels had assigned its interests to Daniels - <br />Hauser Holding Company ("D.F. Holdings"), a Colorado general <br />partnership. •vurtwhcurmcrc, D.H. .u.n.d.n..gc Lac :nncA :Le <br />...... ......-�.._- __- <br />rights to acquire a number of systems, including the Minne- <br />sota systems, to North Central Cable Communications, L.P., <br />("North Central-L.P.") a Minnesota limited partnership. <br />Finally, the right to acquire each specific system has been <br />assigned to North Central Cable Communications Corporation <br />("North Central"), to whom the present request for transfer <br />approval is pending. Since the close of the earlier trans- <br />action, the management of each Minnesota system was immedi- <br />ately undertaken by North Central-L.P., as agreed by the <br />Buyers pursuant to a management agreement with Hauser Com- <br />munications, Inc. This change in management of each system <br />could legally occur without Commission approval. <br />B. Proposed Transaction. <br />The proposed transaction involves a number of different <br />entities and organ:.zations wish a series of assignments of <br />an interest to acquire the Minnesota cable systems. Note <br />
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