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Auctions

Auction 88

Closed Broadcast

 
DateAuction 88 began on
7/20/2010
 and closed on
7/23/2010
.
Construction Permits
11 FM: Channel 268A – Greenwood, AR (FM 744)
Channel 287A – Durango, CO (FM 745)

Channel 255A – Steamboat Springs, CO (FM746)

Channel 266A – Bloomfield, IN ( FM 747)

Channel 283A – Traverse City, MI (FM 748)

Channel 255A – Rosendale, NY (FM 750)

Channel 229A – North Madison, OH (FM 751)

Channel 251A – Santa Isabel, PR (FM 752)

Channel 299A – Idalou, TX (FM 753)

Channel 273A – Shawsville, VA (FM 754)

Channel 255A – Two Rivers, WI (FM 756)

1 FM Translator: Channel 281 – Coyote, CA (FMT008)

1 AM: Channel 640 – Terre Haute/West Terre Haute/ Shelburn (AM039)
Spectrum
FM – 88 MHz to 108 MHz

FM Translator – 104.1 MHz

AM – 640 kHz
Bandwidth
FM – 200 kHz per license

FM Translator – 200 kHz per license

AM – 10 kHz per license
Winning Bidders13
Rounds17
Qualified Bidders25
Licenses Won13
Net Bids$1,442,450
Gross Bids$1,886,000
 
General information and associated licensing parameters are provided below. Public notices provide specific information regarding this auction. This fact sheet includes:

Key Dates

EventDate
Comments Due
2/25/2010
Reply Comments Due
3/11/2010
FRN Deadline
3/12/2010
Auction Tutorial Available (via Internet)
5/4/2010
Form 175 (Short Form) Application Filing Window Opens
5/4/2010; 12:00 noon ET
Form 175 (Short Form) Application Filing Deadline
5/13/2010; 6:00 p.m. ET
Upfront Payments Deadline
6/17/2010; 6:00 p.m. ET
Mock Auction
7/16/2010
Auction Start
7/20/2010
Auction Closed
7/23/2010

Construction Permits Offered

Auction 88 was going to include thirteen FM construction permits. For two of the construction permits, only one of the eligible parties submitted a short-form application (FCC Form 175). Consequently, mutual exclusivity did not exist for auction purposes, and the following construction permits were removed from the auction: MM-FM749-286A (Oxford, MS) and MM-FM755-225A (New Holstein, WI) . (See Public Notice DA 10-1009 (pdf)).
Auction 88 will include construction permits for eleven commercial FM stations, one commercial FM translator station, and one commercial AM station. The construction permits for the FM and FM translator stations in this auction are the subject of pending, closed groups of mutually exclusive applications. Auction 88 will also resolve mutual exclusivity between applications for a new AM station on 640 kHz in the Terre Haute, Indiana, area. This is a closed auction; participation in this auction is limited to the applicants identified in Attachment A (pdf) of the Auction 88 Procedures Public Notice (DA 10-524) (pdf) which was released on March 31, 2010. All applications within a mutually exclusive applicant group (“MX Group”) are directly mutually exclusive with one another, and therefore a single construction permit will be auctioned for each MX Group. Applicants will be eligible to bid on only those construction permits specified for that applicant in Attachment A to the Procedures Public Notice, DA 10-524.
A complete list of construction permits and eligible applicants for Auction 88 is provided in Attachment A (pdf) of the Applications to Participate Public Notice, DA 10-1009 (pdf).

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.
FM Translator (FMT) – A station in the broadcast service operated for the purpose of retransmitting the signals of an FM radio broadcast station or another FM broadcast translator station without significantly altering any characteristics of the incoming signal other than its frequency and amplitude, in order to provide FM broadcast service to the general public.
AM Broadcast (AM) – A broadcast station licensed for the dissemination of radio communications intended to be received by the public and operated on a channel in the AM broadcast band.

License Period and Construction Requirements

A winning bidder will be awarded a construction permit, rather than a “license.” Each construction permit for the construction of a new AM, FM or FM translator station specifies a period of three years within which construction must be completed and a license application filed. See 47 C.F.R. § 73.3598. Radio station licenses are issued for eight year terms.

New Entrant Bidding Credit

A New Entrant Bidding Credit will be available for this auction. Eligibility and application requirements for the New Entrant Bidding Credit are specified in Public Notice DA 10-524. Applicants that qualify for the New Entrant Bidding Credit are eligible for a bidding credit that represents the amount by which a bidder’s winning bid is discounted. The size of a New Entrant Bidding Credit depends on the number of ownership interests in other media of mass communications that are attributable to the applicant and its attributable interest holders:
Applicants intending to divest a media interest or make any other ownership changes, such as resignation of positional interests, in order to avoid attribution for purposes of qualifying for the New Entrant Bidding Credit must have consummated such divestment transactions or have completed such ownership changes by no later than the short-form application filing deadline (see “Key Dates”). Events occurring after the short-form application filing deadline, such as the acquisition of attributable interests in media of mass communications, may cause diminishment or loss of the bidding credit.

Licensing Rules

47 C.F.R. Part 73.

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Last reviewed/updated on
7/23/2010