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HomeMy WebLinkAbout20220311Decision Memo.pdfDECISION MEMORANDUM TO:COMMISSIONER ANDERSON COMMISSIONER CHATBURN COMMISSIONER HAMMOND COMMISSION SECRETARY LEGAL WORKING FILE FROM:JOHAN KALALA-KASANDA RILEY NEWTON DATE:MARCH 11,2022 RE:NOTIFICATION REGARDING THE TRANSFER OF CONTROL OF CLEAR RATE COMMUNICATIONS,INC.TO CLEAR RATE HOLDINGS,INC.AND RESULTING NAME CHANGE TO CLEAR RATE COMMUNICATIONS,LLC.FOR CERTIFICATE NO.534; CASE NO.CRC-T-22-01 BACKGROUND AND DISCUSSION On February 15,2022,Clear Rate Communications,Inc.("Company")filed a request to change the company name on Certificate No.534 that was issued in Order No.34902 of the Case No.CRC-T-20-01.The new company name will be "Clear Rate Communications,LLC"which is a subsidiary of Clear Rate Holdings.The Company received the Certificate of Amendment from the Idaho Secretary of State on October 22,2021. The Company represents that,other than the new ownership name,it will continue as a telecommunications company providing resold and non-facilities based local exchange services throughout Idaho.The existing management will continue to oversee the day-to-day affairs of the Company. STAFF RECOMMENDATION AND COMMISSION DECISION Staffhas reviewed the Company's changes and recommends approval.Does the Commission wish to agree? Jo an Kalala-Kasanda Udmemos/CRC-T-22-01 Decision Memo DECISION MEMORANDUM -1 -MARCH 11,2022