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Auctions

Auction 27

Broadcast Auction

 
DateAuction 27 began on
10/6/1999
 and closed on
10/8/1999
.
Round 15. (See PN DA 99-2154)
LicensesThis auction offers 1 License: MX FM95
SpectrumFM - 88 MHz to 108 MHz
BandwidthFM - 200 kHz per license
Winning Bidders1 bidder won 1 license
Rounds15
Bidding Days3
Qualified Bidders3
Licenses Won1
Net Revenues
Net Bids$172,250.00
Gross Bids$265,000.00
 
General information and associated licensing parameters are provided below. Public Notices provide specific information regarding this auction. This fact sheet includes:

Key Dates

EventDate
Form 175 (Short Form) Application Filing Deadline
8/20/1999; 5:30 pm ET
Upfront Payments Deadline
9/14/1999; 6:00 pm ET
Mock Auction
9/24/1999
Auction Start
10/6/1999
Auction Closed
10/8/1999

Construction Permits Offered

Auction No. 27 offered one FM construction permit for Pahrump, Nevada. This permit was initially included as part of Auction No. 25’s inventory but was removed and auctioned separately (See Public Notice DA99-2062 (pdf) for further details).

Permissible Operations

FM Broadcast (FM)- A station employing frequency modulation in the FM broadcast band and licensed primarily for the transmission of radio telephone emissions intended to be received by the general public.

New Entrant Bidding Credit

In the "Closed" Broadcast Auction, the bidding credit depended upon the number of ownership interests in other media of mass communications that are attributable to the bidder-entity and its attributable interest-holders. A 35 percent bidding credit was given to a winning bidder if it, and/or any individual or entity with an attributable interest in the winning bidder had no attributable interest in any other media of mass communications, as defined in 47 C.F.R. § 73.5008; and, However, attributable interests held by a winning bidder in existing low power television, television translator or FM translator facilities would not be counted among the bidders' other mass media facilities.

License Period

Licenses are issued for an eight year term.

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Last reviewed/updated on
11/2/2007