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• WHEREAS, Group W Cable has requested the consent from the <br /> City to a change in ownership and control of Group <br /> W Cable to the Buyers and the transfer of ownership <br /> and control and ultiamte transfer of the Cable <br /> Communications Franchise Ordinance as amended to North <br /> Central Cable Communications, L.P. ; .and <br /> WHEREAS, the North 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 Administration of a Cable Television <br /> Franchise; and <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 />