PUBLIC NOTICE FEDERAL COMMUNICATIONS COMMISSION 445 12th Street, S.W. WASHINGTON, D.C. 20554 News Media Information: (202) 418-0500 Fax-On-Demand: (202) 418-2830 Internet: http://www.fcc.gov ftp.fcc.gov DA99-1585 August 10, 1999 CLOSED BROADCAST AUCTIONS Ownership Disclosure Requirements For Auctions Scheduled For September 28, 1999 Report No. AUC-99-25-A (Auction 25) By this Public Notice, the Mass Media Bureau and the Wireless Telecommunications Bureau clarify that, pursuant to 1.2112(a)(4) of the Commission's Rules, optionholders of ten percent or greater must be disclosed on the short-form application. The Commission indicated in the Broadcast First Report and Order that, for purposes of determining eligibility to participate in the auction, as statutorily restricted by Section 309(l)(2) of the Communications Act, 47 U.S.C. § 309(l)(2), the uniform Part 1 disclosure standards would apply. In preparing the FCC Form 175s necessary to participate in the Closed Broadcast Auctions scheduled for September 28, 1999, applicants must therefore comply with the uniform Part 1 ownership disclosure standards. In particular, short-form applicants should pay close attention to the requirements set forth in Sections 1.2105 and 1.2112 of the rules. And, because the Commission adopted the general broadcast attribution rules and specific attribution rules devised for broadcast auctions, set forth in Sections 73.3555 and 73.5008 of the Commission's rules, for the purpose of determining eligibility for the new entrant bidding credit, applicants seeking new entrant bidding credits must also provide the ownership information for itself and its attributable interest-holders, as defined by Section 73.3555 and note 2 of that provision and Section 5008, as modified by the Further Order. The ownership disclosure standards for the short-form are set forth in Section 1.2112 of the Commission's rules. Under Section 1.2112(a)(4) the short-form must list, inter alia, the names, addresses and citizenship of any party holding options permitting the acquisition of a ten percent or greater equity interest in the application, as well the amount and percentage held. This information will enable the staff to determine, with respect to applications subject to Section 309(l)(2), a short-form applicant's eligibility to participate in an auction that is statutorily restricted to persons filing applications before July 1, 1997. For further information concerning this proceeding, contact Bob Allen, Auctions and Industry Analysis Division, Wireless Telecommunications Bureau, at (202) 418-0660, or Shaun Maher, Video Services Division, Mass Media Bureau, at (202) 418-1600, or Lisa Scanlan, Audio Services Division, Mass Media Bureau, at (202) 418-2700.