Fact Sheet

Date:

Auction 88 began on 7/20/2010 and closed on 7/23/2010.

(See Public Notice DA 10-524)
Licenses:

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 Bidders:
13 Bidders won 13 Permits
Rounds:
17
Qualified Bidders
25
Licenses Won:
13
Total Licenses:
13
Net Bids
$1,442,450
Gross Bids:
$1,886,000

Event Date
Comments Due
Reply Comments Due
FRN Deadline
Auction Tutorial Available (via Internet)
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
 
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).
   
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.