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Agenda - Council - 04/22/1986
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Agenda - Council - 04/22/1986
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/22/1986
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the Buyers and the transfer of ownership and control and <br /> ultimate transfer of the Cable Communications Franchise <br /> Ordinance as amended to North Central Cable Communications, <br /> L.P.; and <br /> <br /> WHEREAS, the Quad Cities Cable Communications Commission <br /> <br /> (hereinafter "Commission") has been delegated the authority <br /> and 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 /> <br /> WHEREAS, the Commission has held a public hearing on behalf <br /> <br /> of City and has reviewed the legal, technical, and financial <br /> qualifications of Buyers and found them adequate to own <br /> and operate Group W Cable; and <br /> <br />WHEREAS, the Commission is continuing to review the legal, technical, <br /> and financial qualifications of North Central Cable Communications, <br /> L.P. as it relates to the transfer of ownership and control <br /> and ultimate transfer of the Cable Communications Franchise <br /> Ordinance, as amended; and <br /> <br />WHEREAS, the Commission has recommended to City approval of <br /> <br /> the transfer of control of Group W Cable to Buyers subject <br /> <br /> to the actual closing of the stock sale in June, 1986; and <br /> WHEREAS, the Commission and City have been advised by Group W <br /> <br /> Cable and the Buyers that the approval of such stock transfer <br /> to Buyers shall in no way be interpreted as an approval, <br /> either express or implied, of the transfer of ownership <br /> and control and ultimate transfer of the Cable Communications <br /> Franchise Ordinance to North Central Cable Communications, L.P. <br /> <br /> <br />
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