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HomeMy WebLinkAbout982046.tiff RESOLUTION RE: APPROVE TRANSACTIONS INVOLVING MERGER AND CHANGE OF CONTROL - TCI CABLEVISION OF COLORADO, INC., CABLE COMMUNICATIONS FRANCHISE WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, TCI Cablevision of Colorado, Inc. (the "Franchisee") is duly authorized to operate and maintain a cable communications system in Weld County (the "System"), pursuant to the terms and conditions of a franchise (the "Franchise"), granted by the Board of County Commissioners by Resolution #952155, dated October 16, 1995, and WHEREAS, pursuant to the Agreement and Plan of Restructuring and Merger among AT&T Corporation ("AT&T"), a newly formed wholly owned subsidiary of AT&T ("Merger Sub"), and TeleCommunications, Inc., the parent of Franchisee ("TCI"), dated as of June 23, 1998 (the "Merger Agreement"), Merger Sub will merge with and into TCI with TCI as the surviving corporation in the merger, and as a result of the transactions contemplated by the Merger Agreement, TCI will become a wholly owned subsidiary of AT&T (the "Transactions"), and WHEREAS, Franchisee will continue to hold the Franchise after consummation of the Transactions and will be required, pursuant to the Franchise Agreement, to comply with all of the terms and conditions contained therein, and WHEREAS, FCC Form 394 with respect to the Transactions has been filed with the Board of County Commissioners, and WHEREAS, the parties have requested consent by the Board of County Commissioners to the Transactions. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Board hereby consents to and approves the Transactions to the extent that such consent is required by the terms of the Franchise and applicable law. 982046 C 4 Ft ORD94 RE: APPROVE TRANSACTIONS - TCI CABLEVISION OF COLORADO, INC. PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 26th day of October, A.D., 1998. BOARD OF COUNTY COMMISSIONERS W( E}� COUNTY, COLORADO/9 / ATTEST: Le /nstanc � �t, h / Zex•e \� Const ce L. ar ert, hair Weld County Clerk to the) o pf \r �Jt • / is f\``y� - — ,W. H. ebster, ro-Tem BY: Deputy Clerk to the IM UJ`.Nike\ �r.,t 4 rge . Baxter APPRO S TO F M: Dale K. Hall $� o A me J 1 7h-Lic Barba?a J. Kirkmeyer 982046 ORD94 a eel r g TO: Board of County Commissioners FROM: Bruce T. Barker, Weld County Attorney 11 lige. DATE: October 21, 1998 RE: TCI Merger COLORADO TCI Cablevision of Colorado, Inc., has a cable communications franchise in Weld County which was granted by the Board on October 16, 1995. Section XXVIII A. requires TCI to get the Board's approval if TCI merges with another company. TCI has announced that its parent company, Tele-Communications, Inc., will merge with AT&T in the near future. The franchise will still be held and run by TCI Cablevision of Colorado, Inc. The company will still be required to comply with all of the terms and conditions of the franchise. Attached are copies of Section XXVIII A., "Exhibit 4," which explains the deal, Form FCC 394, and a letter from Mary Mitchell of TCI. A Resolution approving the transaction is also attached. I recommend that the Board approve the Resolution. 2 Bruce T. Barker .. Weld County Attorney Attachment pc: Don Warden G?so104-4 TCI September 3, 1998 RAND DELIVERED Mrs. Connie Harbert Chair of the Board County of Weld P.O. Box 758 Greeley, CO 80632 • Subject: TCI Merger with AT&T—Request for Consent to Change of Control Dear Chair of the Board Harbert: As we have communicated in previous correspondence, Tele-Communications, Inc. ("TCI"),the ultimate parent corporation of TCI Cablevision of Colorado,Inc.,has announced its intention to merge with AT&T Corp. ("AT&T"). We are writing to provide you with additional information regarding this merger,and to formally request any consent that may be required by the franchise or applicable law. Both TCI and AT&T are excited about the merger,which we believe will provide significant benefits to our customers. With the combined expertise and initiative of TCI and AT&T, we hope to offer an expanded choice of products and services. Under the terms of the merger agreement,AT&T will become the parent company of TCI. TCI will continue to exist as a corporation and a wholly owned subsidiary of AT&T. TCI Cablevision of Colorado, Inc., a subsidiary of TCI,will continue to hold the franchise with Weld County. Therefore,the merger will not involve a transfer of the franchise, and there will be no change in local management. Our records indicate that our franchise with you may require that we obtain your consent to this change of control. To provide you with all information necessary to grant the consent we seek, enclosed are three copies of the Federal Communications Commission's("FCC")Form 394. According to the FCC,the Form 394 is designed to provide a franchising authority with the information necessary to assess the financial, legal and technical qualifications of the proposed new controlling entity. As part of that Form,you are receiving a copy of the merger agreement,AT&T's annual Report for 1997, and any specific additional information required by the franchise in connection with a change in control of TCI. Under the FCC's rules,you have 120 days from the date you receive this information to review it and to act upon our request for consent to the merger. Should you choose not to take any action within this 120 days,under federal law your consent will be deemed granted. - - - - - - 9�ao1/6, For your convenience and consideration,we have also enclosed a draft resolution which address your consent to the merger. We respectfully request that this resolution be placed on the agenda for your next meeting. I am available to discuss any questions you have about this resolution or any of the other enclosed documents at your convenience. As always, if at any time you have any questions or concerns about the merger,please feel free to call me at (970)356-1079.Thank you for your assistance in this matter. Sincerely, TCI Cablevision of Colorado, Inc. 040.111 % -tills RA) Kathy Stewart General Manager Enclosures Cc: Division Franchising Department ggaa4la RESOLUTION RE: APPROVE FRANCHISE AGREEMENT WITH ICI CABLEVISION OF COLORADO, INC., AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Franchise Agreement between the County of Weld, State of Colorado, by and through the Board of.County Commissioners of Weld County, and TCI Cablevision of Colorado, Inc., with terms and conditions being as stated in said agreement, and WHEREAS, after review, the Board deems it advisable to approve said agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Franchise Agreement between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and TCI Cablevision of Colorado, Inc., be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 16th day of October, A.D., 1995. - BOARD OF COUNTY COMMISSIONERS 7 C'—'3:11 4-7,-:-li> --y 4,...,!/. , ,,,,, WE OUNTY 9:____"_„7„.(e, 7 Dale K. Hall, Chairman Weld y'CountClerk to the Board_ , i.( : _.� , FXCI1SFn .r 1_ +` BarbartJ. Kirkmeyer, Pro-Tem Deputy CI�r to the Board i L/4.,-,,,-,--,-,-- � --z-„,--c- George EBaxter OVER AS TO FORM: . /' ,/ (�.,_2<y�?.��' ,_k..,-7(;-,-,/,�� --- Constance L. Harbert /C{o tto nr --- / W'H.-Webster 524-55-o Rosa 9f�p`/6 LL, 0 IA ,TQI purchase. In the event that the County and TCI-CO fail to agree within one hundr y (120) days upo ice to be paid for the system, the parties shall r issue of value to a board of qualified appraisers sed of one disinterest n appointed by the County and one disinterested person appointed by TC - wo appraisers cannot agree on such value within thirty (30) days, they s omit a third disin e erson, and the determination of any two apprai be made within an additional thirty (30) day . ex enses relat. e appraisal shall be borne equally by TCI-CO and the County. XXVIII TRANSFER OF OWNERSHIP OR CONTROL A. The Cable System and this franchise shall not be sold, assigned, transferred, leased, or disposed of, either in whole or in part, either by involuntary sale or by voluntary sale, merger, consolidation, or mortgaged in any manner, nor shall title thereto, either legal or equitable, or any right, interest, or property therein pass to or vest in any person or entity, without the prior consent of the County, which consent shall not be unreasonably withheld. B. The provisions of this section shall apply to the sale or transfer of all or a majority of TCI-CO's assets, merger (including any parent and its subsidiary corporation), consolidation, creation of a subsidiary corporation or sale or transfer of stock in TCI-CO so as to create a new controlling interest. The term "controlling interest" as used herein is not limited to majority stock ownership, but includes actual working control in whatever manner exercised. ( 1 ) The parties to the merger, sale or transfer shall make a written request to the County for its approval of a merger, sale or transfer and furnish all information related to the merger, sale or transfer required by law and the County. ( 2 ) Upon receipt of all requested information, the County shall render a final written decision on the request within one hundred twenty (120) days of the request. If the County fails to render a final decision on the request within one hundred twenty (120) days, such request shall be deemed granted unless the requesting party and the County agree to an extension of time. ( 3 ) Within thirty (30) days of any merger, transfer or sale, if approved or deemed granted by the County, TCI-CO shall file with the County a copy of a written instrument evidencing such merger, sale or transfer of ownership or control, or lease, certified and sworn to as correct by TCI-CO and the transferee shall file its sworn acceptance and agreement to abide by each and every provision of this Franchise Agreement. C. In reviewing a request for merger, sale or transfer, the County may inquire into the legal, technical and financial qualifications of the prospective controlling party or transferee, and TCI-CO shall assist the County in so inquiring. The County may condition its consent upon such terms and conditions as it deems reasonably appropriate; provided, however, the County shall not unreasonably withhold its approval; and any such terms and conditions so attached shall be related to the legal, technical, and financial qualifications of the prospective controlling party or transferee and to the resolution of outstanding and unresolved issues of noncompliance with the terms and conditions of this franchise by TCI-CO. WELD COUNTY-Franchise Agreement - page 19 EXHIBIT 4 AT&T has announced its intention generally to provide services in addition to cable services, such as telecommunications, over some of the cable facilities operated by TCI. However, at this time, AT&T has not made any plans to expand the service offerings of any particular individual cable system to provide such services except for a few cable systems which have been targeted for technical or service trials. With respect to the cable system that is the subject matter of this application, AT&T does not currently have any specific plans at this time to change the service and operations of the cable system as a consequence of this transaction. The current franchisee will continue to operate the cable television system pursuant to the current franchise after the consummation of the proposed transaction. If, in the future, AT&T offers services other than those currently authorized by the franchise agreement and any relevant laws, AT&T will obtain any necessary federal, state or local authorizations prior to the introduction of such services over TCI's cable system. August 14.1998 Federal Communications Commission Approved by OMB Washington,D.C.20554 FCC 394 3060-0573 APPLICATION FOR FRANCHISE AUTHORITY CONSENT TO ASSIGNMENT OR TRANSFER OF CONTROL OF CABLE TELEVISION FRANCHISE FOR FRANCHISE AUTHORITY USE ONLY SECTION I. GENERAL INFORMATION DATE August 14, 1998 1. Community Unit Identification Number: CO 0048 2. Application for: n Assignment of Franchise ® Transfer of Control 3. Franchising authority:Weld County 4. Identify community where the system/franchise that is the subject of the assignment or transfer of control is located:Weld,CO 5. Date system was acquired or(for system's constructed by the transferor/assignor)the date on which service was provided to the first subscriber in the franchise area: 12/02/91 6. Proposed effective date of closing of the transaction assigning or transferring ownership of the system to When all conditions to closing transferee/assignee: have been met. Currently anticipated to be 120 days from the filing of this Form 394. 7. Attach as an Exhibit a schedule of any and all additional information or material filed with this application Exhibit No. that is identified in the franchise as required to be provided to the franchising authority when requesting 1 its approval of the type of transaction that is the subject of this application. PART I-TRANSFEROR/ASSIGNOR 1. Indicate the name.mailing address.and telephone number of the transferor/assignor. Legal name of Transferor/Assignor(if individual, list last name first) Tele-Communications,Inc.,parent of the franchise holder, TCI Cablevision of Colorado,Inc. Assumed name used for doing business(if any) Mailing street address or P.O.Box 5619 DTC Parkway City Englewood State CO ZIP Code 80111 Telephone No.(include area code) (303)267-5500 2.(a) Attach as an Exhibit a copy of the contract or agreement that provides for the assignment or transfer of control Exhibit No. (including any exhibits or schedules thereto necessary in order to understand the terms thereof). If there is only 2 an oral agreement,reduce the terms to writing and attach. (Confidential trade,business,pricing or marketing information,or other information not otherwise publicly available,may be redacted). (b) Does the contract submitted in response to(a)above embody the full and complete agreement between the ® Yes No transferor/assignor and the transferee/assignee7 If No,explain in an Exhibit. Exhibit No.2 contains the complete agreement,except for confidential Exhibit No. trade,business,pricing or marketing information,or other information not otherwise publicly available,that has been N/A redacted in accordance with Item 2.(a). FCC 394 q. i,/ a September 1994 PART II-TRANSFEREE/ASSIGNEE ].(a) Indicate the name,mailing address,and telephone number of the transferee/assignee. Legal name of Transferee/Assignee(if individual,list last name first) AT&T Corp. Assumed name used for doing business(if any) Mailing street address or P.O.Box 32 Avenue of the Americas City New York State NY ZIP Code 10013-2412 Telephone No.(include area code) 2122--387-5400 (b) Indicate the name,mailing address,and telephone number of person to contact,if other than transferee/assignee. Name of contact person(list last name first) The primary contact person for the transferee/assignee is identified on the attached page. Firm or company name(if any) Mailing street address or P.O.Box City State ZIP Code Telephone No. (include area code) (c) Attach as an Exhibit the name,mailing address,and telephone number of each additional person who Exhibit No. should be contacted,if any. 3 (d) Indicate the address where the system's records will be maintained. Street address 5619 DTC Parkway City Englewood State CO ZIP Code 80111 2. Indicate on an attached exhibit any plans to change the current terms and conditions of service and Exhibit No. operations of the system as a consequence of the transaction for which approval is sought. 4 /' FCC 394(Page 2) 96 A September 1996 ATTACHMENT -- SECTION I, PART II, QUESTION 1(b) The primary contact person for AT&T is identified below based upon the State or Commonwealth in which the local franchising authority is located as identified in the following chart: States Contact Name Phone Fax E-Mail Address AR,� KS 0. Carey Epps 512-370-2055 512-370-2096 cepps@lga.att.com Room 1500 Olt, 919 Austin, rX8 n 7 Ave.O1 TX CT MA, Philip S. Shapiro 518-463-2555 518-463-5943 pshapiro@lga.att.com Suite 706 ME,NH, 111 Washington Ave. NY, RI, Albany,NI'-12210 NJ Monica Otte 908-204-2448 908-204-8538 motte@lga.att.com Room B2114 131 Morristown Road Basking Ridge,NJ 07920 DC Cj DE, Mark Keffer 703-691-6046 703-691-6093 mkeffer@lga.att.com 3D PA3033 Chainbrid e Rd. VA,,WV Oakton,VA 22185 AL, FL Roger Briney 404-810-8550 404-810-5901 rbriney@lga.att.com 1200 Peachtree St. GA,KY, Promenade I NC P LA,AR' Atlanta, GA 30309 SC, TN CA HI, Michael Olsen 415-442-3791 415-442-5514 molsen@lga.att.com Room 670 NV' 795 Folsom St. San Francisco,CA 94107 AZ Richard Thayer 303-298-6495 303-298-6488 rthayer@lga.att.com Suite 1575 IA 'ID CO, 1875 Lawrence St. MN MT, Denver, CO 80202 ND:NE, NH, OR, SDW WY A, IL IN, Robin 312-230-3724 312-230-8211 chariest@lga.att.com Suite 1300 MI, OH, Charleston 227 W. Monroe St. WI Chicago,IL 60606 ggalOg7/& SECTION I. TRANSFEREE'S/ASSIGNEE'S LEGAL QUALIFICATIONS 1. Transferee/Assignee is: ® Corporation a. Jurisdiction of incorporation: d. Name and address of registered agent in New York,New York jurisdiction: CT Corporation System b. Date of incorporation: 1633 Broadway March 3, 1885 New York,Nar 10019 c. For profit or not-for-profit: For profit 0 Limited Partnership a. Jurisdiction in which formed: c. Name and address of registered agent in jurisdiction: b. Date of formation: ❑ General Partnership a: Jurisdiction whose laws govern formation: b. Date of formation: ❑ Individual O Other. Describe in an Exhibit. Exhibit No N/A 2. List the transferee/assignee,and,if the transferee/assignee is not a natural person,each of its officers,directors,stockholders beneficially holding more than 5%of the outstanding voting shares,general partners,and limited partners holding an equity interest of more than 5%. Use only one column for each individual or entity. Attach additional pages if necessary. (Read carefully-the lettered items below refer to corresponding lines in the following table.) (a)Name,residence,occupation or principal business,and principal place of business. (If other than an individual,also show name,address and citizenship of natural person authorized to vote the voting securities of the applicant that it holds.) List the applicant first,officers,next, then directors and,thereafter,remaining stockholders and/or partners. (b)Citizenship. (c)Relationship to the transferee/assignee(e.g.,officer,director,etc.). (d)Number of shares or nature of partnership interest. (e)Number of votes. (f)Percentage of votes. (a) AT&T Corp- See additional pages attached (b) USA (c) Transferee/Assignee (d) N/A (e) N/A (1) N/A '9, 01/60 FCC 394(Page 3) September 1996 ATTACHMENT -- PART II,SECTION I, QUESTION 2 As of July 28, 1998,there are no stockholders beneficially holding more than 5%of the outstanding voting shares of AT&T Corp. The following information is provided as of July 28, 1998, for AT&T's Senior Officers and Directors: (a) C.Michael Armstrong Kenneth T.Derr M. Kathryn Eickhoff Chairman and Chief Executive Chairman and Chief Executive President Officer and Director Officer Eickhoff Economics Incorporated 32 Avenue of the Americas Chevron Corporation 510 LaGuardia Place Room 2504 575 Market Street Suite 400 New York,NY 10013-2412 San Francisco,CA 94105 New York,NY 10012 (b) USA USA USA (c) Officer and Director DirectorDirector (d) 122,330 1,000 3,000 (e) 122,330 1,000 3,000 (0 Less than.0001% Less than.0001% Less than.0001% (a) Walter Y. Elisha George M.C.Fisher Donald V.Fites Retired Chairman and Chief Chairman and Chief Executive Chairman and Chief Executive Executive Officer Officer Officer Springs Industries,Inc. Eastman Kodak Company Caterpillar Inc. 205 North White Street 343 State Street 100 N.E. Adams Street P.O.Box 70 Rochester,NY 14650 Peoria,IL 61629-7210 Fort Mill,SC 29715 (b) USA USA USA (c) Director Director Director (d) 9,843 10,088 3,000 (e) 9,843 10,088 3,000 (f) Less than.0001% Less than.0001% Less than.0001% (a) Ralph S.Larsen Donald F.McHenry Michael I. Sovern Chairman and Chief Executive President President Emeritus Officer The IRC Group,LLC Chancellor Kent Professor of Law Johnson and Johnson 1320 19th Street,N.W. 435 West 116th Street Box B20 One Johnson and Johnson Suite 410 Columbia University Plaza Washington,DC 20036 New York,NY 10027 New Brunswick,NJ 08933 (b) USA USA USA (c) Director Director Director (d) 1,000 3,183 1,200 (e) 1,000 3,183 1,200 (f) Less than.0001% Less than.0001% Less than.0001% (a) Sanford I. Weill Thomas H. Wyman John D.Zeglis Chairman and Chief Executive Senior Advisor President and Director Officer SBC Warburg,Inc. 32 Avenue of the Americas Travelers Group,Inc. 1 Adams Point Room 2512 c/o Citicorp The Landings New York,NY 10013-2412 153 E. 53rd Street Savannah,GA 31411 New York,NY 10043 (b) USA USA USA (c) Director Director Officer and Director (d) 5,000 1,000 5,429 (e) 5,000 1,000 5,429 (f) Less than.0001% Less than.0001% Less than.0001% (a) Ham'S.Bennett Harold W.Burlingame Daniel R. Hesse Vice President and General Executive Vice President Executive Vice President and Manager-Local Services Human Resources President and Chief Executive Division 295 North Maple Avenue Officer 295 North Maple Avenue Basking Ridge,NJ 07920 AT&T Wireless Services,Inc. Basking Ridge,NJ 07920 5000 Carillon Point,4th Floor Kirkland, WA 98033 (b) USA _USA USA (c) Officer Officer Officer (d) 150,205 21,347.514 2,940.245 (e) 150,205 21,347.514 2,940.245 (f) Less than.0001% Less than.0001% Less than.0001% (a) Frank Ianna Richard J.Martin Gail J.McGovern Executive Vice President Executive Vice President Executive Vice President Network and Computing Public Relations and Consumer Markets Division Services Employee Communications 295 North Maple Avenue 295 North Maple Avenue 295 North Maple Avenue Basking Ridge,NJ 07920 Basking Ridge,NJ 07920 Basking Ridge,NJ 07920 (b) USA USA 'USA (c) Officer Officer Officer (d) 366.891 3,092.156 2,120.18 (e) 366.891 3,092.156 _2,120.18 (f) Less than.0001% Less than.0001% Less than.0001% (a) David C.Nagel John C.Petrillo Richard R.Roscin President-AT&T Labs and Executive Vice President Executive Vice President and Chief Technology Officer Corporate Strategy and President and Chief Executive 295 North Maple Avenue Business Development Officer Basking Ridge,NJ 07920 295 North Maple Avenue AT&T Solutions Basking Ridge,NJ 07920 15 Vreeland Road Florham Park,NJ 07932 (b) USA USA USA (c) Officer Officer Officer (d) 2,207 1,457.531 7,091.251 -(e) 2,207 1,457.531 7,091.251 (f) Less than.0001% Less than.0001% _ Less than.0001% (a) Daniel E. Somers Robert Annunziata Senior Executive Vice Executive Vice President President and Chief Financial Local Services Officer 295 North Maple Avenue 295 North Maple Avenue Basking Ridge,NJ 07920 Basking Ridge,NJ 07920 (b) Canadian USA (c) Officer Officer (d) 0 15,637 (e) 0 15,637 (f) Less than.0001% Less than.0001% 3. If the applicant is a corporation or a limited partnership,is the transferee/assignee formed under the laws of,or duly qualified to transact business in,the State or other jurisdiction in which the system operates? ® Yes No Exhibit No. If the answer is No,explain in an Exhibit. N/A 4. Has the transferee/assignee had any interest in or in connection with an application which has been dismissed or denied by any franchise authority? II Yes ® No If the answer is Yes,describe circumstances in an Exhibit. Exhibit No. N/A 5. Has an adverse finding been made or an adverse final action been taken by any court or administrative body with iestn.t to the transferee/assignee in a civil,criminal or administrative proceeding,brought under the provisions ® Yes El No of any law or regulation related to the following: any felony;revocation,suspension or involuntary transfer of any authorization(including cable franchises)to provide video programming services;mass media related antitrust or unfair competition;fraudulent statements to another governmental unit;or employment discrimination? If the answer is Yes,attach as an Exhibit a full description of the persons and matter(s)involved,including an Exhibit No. identification of any court or administrative body and any proceeding(by dates and file numbers,if applicable), 5 and the disposition of such proceeding. 6. Are there any documents,instruments,contracts or understandings relating to ownership or future ownership ❑ Yes ® No rights with respect to any attributable interest as described in Question 2(including,but not limited to,non-voting stock interests,beneficial stock ownership interests,options,wan-ants,debentures)? If Yes,provide particulars in an Exhibit. 7. Do documents,instruments,agreements or understandings for the pledge of stock of the transferee/assignee,as ❑ Yes ® No security for loans or contractual performance,provide that: (a)voting rights will remain with the applicant,even in the event of default on the obligation;(b)in the event of default,there will be either a private or public sale of the stock;and(c)prior to the exercise of any ownership rights by a purchaser at a sale described in(b),any prior consent of the FCC and/or of the franchising authority, if required pursuant to federal, state or local law or pursuant to the tens of the franchise agreement will be obtained? If No,attach as an Exhibit a full explanation. Exhibit No. 6 SECTION III-TRANSFEREE'S/ASSIGNEE'S FINANCIAL QUALIFICATIONS 1. The transferee/assignee certifies that it has sufficient net liquid assets on hand or available from committed ❑ resources to consummate the transaction and operate the facilities for three months. Yes No 2. Attach as an Exhibit the most recent financial statements, prepared in accordance with generally accepted Exhibit No. accounting principles, including a balance sheet and income statement for at least one full year, for the 7 transferee/assignee or parent entity that has been prepared in the ordinary course of business,if any such financial statements are routinely prepared. Such statements, if not otherwise publicly available, may be marked CONFIDENTIAL and will be maintained as confidential by the franchise authority and its agents to the extent permissible under local law. SECTION IV-TRANSFEREE'S/ASSIGNEE'S TECHNICAL QUALIFICATIONS Set forth in an Exhibit a narrative arrount of the transferee's/assignee's technical qualifications,experience and expertise Exhibit No. regarding cable television systems,including,but not limited to,summary information about appropriate management 8 personnel that will be involved in the system's management and operations. The transferee/assignee may,but need not, list a representative sample of cable systems currently or formerly owned or operated. FCC 394(Page 4) qinZ/i September 1996 SECTION V-CER11HCATIONS Part I-Transferor/Assignor 1 the statements made in the application and attached exhibits are considered material representations,and all the Exhibits are a aerial part hereof and are incorporated herein as if set out in full in the application. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date August 14 , 1998 WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, 111LE 18, SECTION 1001. Print full name Stephen M.Brett Check appropriate classification: ❑ Individual 0 General Partner ® Corporate Officer I 1 Other,Explain: (Indicate Title) Executiv Vice President, GeneralCounsel and Secretary Part II-Transferee/Assignee All the statements made in the application and attached Exhibits are considered material representations,and all the Exhibits are a aerial part hereof and are incorporated herein as if set out in full in the application. The transferee/assignee certifies that he/she: (a) Has a current copy of the FCC's Rules governing cable television systems. (b) Has a current copy of the franchise that is the subject of this application,and of any applicable state laws or local ordinances and related regulations. (c) Will use its best efforts to comply with the terms of the franchise and applicable state laws or local ordinances and related regulations,and to effect changes,as promptly as practicable,in the operation of the system,if any changes are necessary to cure any violations thereof or defaults thereunder presently in effect or ongoing. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief andare ff— are made in good faith. (/J Date WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE August 14, 1998 PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, TITLE 18, SECTION 1001. Print full name Philip H. Osman Check appropriate classification: ri ^ Corporate Officer I I❑ Other,Explain:Individual 0 General Partner (Indicate Title) Vice President, Consumer Local Services FCC 394(Page gye) / _ September 19'. Hello