Agenda - Council - 05/27/1986 - Laserfiche WebLink

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~'O'CONNOIR & HANNAN ~o.~^ .{..t.,,, . 3800 IDS CENTER DIRECT DiAL NUMBER (612) 343-1298 50UTH EIGHTH STREET ~41NNEAPOLI$, MINNESOTA <6~;:' I 341-3800 TELEX 29-0584 TELECOPIER 161~) 343-1~56 MEMORANDUM TO: FROM: DATE: City Administrators and City Managers, Quad Cities Cable Communications Commission Thomas D. Creighton, Legal Counsel/~/_..~. May RE: Transaction No. 2 -- Transfer of Ownership and Control of Group W Cable, Inc. You have previously received from our office a memorandum and Resolution relating to the approval of the transfer of ownership and control of Group W Cable, Inc., in Transaction No. 1. As you are aware, Group W Cable, Inc., by and through Group W Cable of the Quad Cities, Inc., has also requested the Cities' consent to the transfer of ownership and control and ultimate transfer of the Cable Communications Franchise Ordinance to North Central Cable Communications, L.P. (Transaction No. 2). Group W is similarly obligated to receive the Cities' approval for this transaction under the Franchise Ordinance. This memorandum and Resolution relate solely to Transaction No. 2. The Quad Cities Cable Communications Commission has undertaken an extensive analysis of the legal, technical, and financial qualifications of North Central in Transaction No. 2. At its meeting of May 15, 1986, the Commission unanimously adopted a Resolution recommending to its member cities the denial of the transfer to North Central Cable Communications L.P. on this second transfer. I have included the Commission's Findings of Fact and Conclusions with respect to their recommendation for denial of Transaction No. 2. Additionally, I have prepared a Resolution for your City Council which will effectively disapprove Transaction No. 2 consistent with the Commission's recommendation. The Commission's Findings of Fact and Conclusions in Transaction No. 2 are attached to and incorporated by reference into the Resolution. I would