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NOW THEREFORE, BE IT RESOLVED by the City Council of the City <br /> <br />of : <br /> <br />1. That the City hereby approves the sale by Westinghouse of <br /> all of the issued and outstanding shares of the capital <br /> stock of Group W Cable, Inc. and the transfer of control <br /> of Group W Cable, Inc. to the Buyers subject to an actual <br /> closing of the stock sale transaction in June, 1986 pursuant <br /> to the terms and conditions currently understood by the <br /> <br /> City as evidenced by the Notice of Transfer to said Commission <br /> <br /> and City. <br /> <br />2. That the approval of the transfer of ownership and control <br /> of Group W Cable, Inc. to the Buyers is hereby deemed not <br /> to include any approval, either express or implied, as to <br /> any subsequent transfer of ownership or control or transfer <br /> of the Cable Communications Franchise Ordinance to North <br /> Central Cable Communications, L.P., or to any other entity <br /> or individual. <br /> <br />3. That the Quad Cities Cable Communications Commission continue <br /> to review the request of Group W Cable, Inc. regarding a <br /> change in control and transfer of the Cable Communications <br /> <br /> Franchise Ordinance as amended to North Central Cable Communications, <br /> L.P. and in the future prepare a separate recommendation <br /> for City regarding such change in control and transfer. <br /> <br />4. That this approval by City shall be null, void and of no <br /> effect should any entity or individual successfully litigate <br /> that the approval is also an approval, either express or <br /> implied, as to any subsequent transfer of ownership or control <br /> <br />- 3 - <br /> <br /> <br />