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Commonwealth of Massachusetts <br /> .Deartmentf <br /> o the State Treasurer <br /> s coy , p <br /> Alcoholic Beverages Control Commission <br /> 239 Causeway Street <br /> Boston, MA 02114 <br /> Telephone 617-727 3440 <br /> Facsimile: 617-727-1510 <br /> Jean M.Lorizio,Esq. <br /> Chairâ–ºnan <br /> October 11,2019 <br /> LOCAL BOARDS <br /> Attleborough; Canton;Danvers; East Longmeadow;Fall River; Fitchburg; Gardner; <br /> Hudson; Mashpee; Milford;North Attleboro;Revere; Salem; Saugus; Seekonk;Taunton; <br /> Walpole; Waltham;Wareham; Weymouth; Woburn; Worcester;and Yarmouth. <br /> The Alcoholic Beverages Control Commission("Commission")has received an <br /> application from of 99 West, LLC for a Change of Officers/Directors and Change of <br /> Ownership Interest in the above-noted cities and towns. Relative to the Officer Change, <br /> Kurt Schnaubelt is being named an LLC manager and the Chief Executive Officer of the <br /> Licensed Entities.Brent Brent Bickett,Timothy Janszen and Greg Hayes are being <br /> removed as LLC Managers. Relative to the Change in Ownership Interest,there has been <br /> a transfer of stock at an upper-tier level that has resulted in a publicly traded company <br /> owning 88.5%, and a redistribution of the remaining ownership percentages among the <br /> other previously approved ownership entities, as detailed in a structure chart contained in <br /> the application. <br /> Due to the magnitude of these transactions, the Commission has received the information <br /> and documents provided by the licensee. The review was to determine whether the <br /> contemplated transaction is consistent with the provisions of M.G.L. c. 138. Based upon <br /> our review,we are satisfied that the transaction is consistent with the purposes of the law <br /> and would not result in the individual corporate licenses being deemed to be out of <br /> compliance with the applicable statute. Accordingly, this letter sets forth our <br /> recommended procedure for the processing of these applications. <br /> Arrangements have been made for the Corporation to pay all of the $200 application fees <br /> directly to the Commission. Therefore, no fee needs to be collected by the Local <br /> Board(s). <br /> The Commission has reviewed and accepted copies of the following documents and <br /> instruments: <br /> 1) Change of Officers/Directors and_Change of Ownership Interest <br /> 2) CORI Request Form <br /> 3) Vote of the Board of Directors <br />