EMF Buys Iowa Station
February 9, 2011 at 4:41 AM (PT)
EDUCATIONAL MEDIA FOUNDATION is buying yet another station, picking up Contemporary Christian KXGM-F (89.1 THE SPIRIT)/ HIAWATHA, IA and its FM translators K217FT/WATERLOO, IA, K261DH/IOWA CITY, K292FR/DYERSVILLE, IA, K292FZ/MOUNT VERNON, IA, K251BB/MARSHALLTOWN, IA, and K265EH/WAVERLY, IA from EXTREME GRACE MEDIA, INC. for $265,000 ($100,000 cash, the rest in an 84-month promissory note at 5% interest per annum).
EMF has also applied to add a booster at the antenna farm on SANDIA CREST in ALBUQUERQUE for its Christian Rock KQRI (AIR 1)/BOSQUE FARMS, NM. The 105.5 KQRI facility moved into the ALBUQUERQUE market from GRANTS, NM in 2004 with its primary tower south of ALBUQUERQUE.
In other FCC filings, EDGEWATER BROADCASTING, INC. is selling FM translator W245AP/BAXLEY, GA to SOUTH GEORGIA BROADCASTERS, INC. for $27,500.
FAITH BROADCASTING, INC. is selling FM translator W211BW/FORT PAYNE, AL to MICHAEL H. MCDOUGALD for $26,000.
WASHINGTON COUNTY CHAMBER OF COMMERCE is transferring low-power FM WRBZ-LP/ASHAWAY, RI to THE BUZZ ALTERNATIVE RADIO FOUNDATION INC. for no consideration.
And WENDOLYNN TELLEZ has requested a Silent STA for KSAG/PEARSALL, TX while the station awaits disposition of its application to move to a new site.