DA 01-448 February 21, 2001 ADDENDUM TO AUCTION NOTICE AND FILING REQUIREMENTS FOR FM BROADCAST CONSTRUCTION PERMITS Auction Rescheduled from February 21, 2001 to May 9, 2001 Minimum Opening Bids and Other Procedural Issues Report No. AUC-00-37-E (Auction No. 37) By this Public Notice, the Wireless Telecommunications Bureau and the Mass Media Bureau (collectively referred to as the "Bureaus") provide the associated bidding units for the 352 FM broadcast construction permits being offered in Auction No. 37, as well as a clarification of the upfront payment calculation.1 The revised Attachment A lists all vacant FM allotments that will be included in Auction No. 37, including the associated bidding units. Please note that upfront payments are not attributed to specific construction permits, but instead will be translated to bidding units to define a bidder's maximum bidding eligibility. For Auction No. 37, the amount of the upfront payment will be translated into bidding units on a one-to-one basis, e.g., a $200,000 upfront payment provides the bidder with 200,000 bidding units. The total upfront payment defines the maximum number of bidding units on which the applicant will be permitted to bid (including standing high bids) in any single round of bidding. Thus, an applicant does not have to make an upfront payment to cover all construction permits that an applicant has selected on FCC Form 175, but rather to cover the maximum number of bidding units that are associated with construction permits on which the bidder wishes to place bids and hold high bids at any given time. For further information, contact Barbara Sibert, Auctions Project Manager, at (717) 338-2888; Kenneth Burnley, Auctions Attorney, at (202) 418-0660; or Jeff Crooks, Auctions Analyst, at (202) 418-0660. 1 See FM Broadcast Auction Scheduled for May 9, 2001; Minimum Opening Bids and Other Procedural Issues, Public Notice, DA 01-119 (rel. January 19, 2001) ("Auction No. 37 Procedural Public Notice"). 2 PUBLIC NOTICE Federal Communications Commission 445 12th St., S.W. Washington, D.C. 20554 1 1 - 2 -