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Austin American-Statesman from Austin, Texas • 220

Location:
Austin, Texas
Issue Date:
Page:
220
Extracted Article Text (OCR)

LU Austin American-Statesman Sunday, Octoter 21. 19S4 License BEAPAKTOFAUSTIN'S FUTURE. NOW V.l I ONE AMERICAN CENTER. 4 Mkhittti it 1 mmmmm A la i MM 4 a HUB a i.lwJk i Jamie L. Earshop and Steven L.

Barsbop). DB Broadcasting. Deborah Baggs, president wita ell voting stock; non-voting shareholders Include Glenn L. Bell of Goddard, Kan4 Robert M. Martinez of chita, and Joseph A.

Young, Derby Kan. Isabel Chavez, general manager for an application la her name. lake Country Telecasters Inc. Evangellsta Martinez, president; Cynthia Sau-fong Soo, secretary and treasurer. Non-voting shareholder with a 90 percent ownership Interest In all capital assets is Low Power Technology Inc, which lists as officers Jeffrey D.

Nightbyrd, Jeremy Lansman, Lorenzo Milam and Christopher Fager. Television 54 Corporation. Margaret Evelyn George, president Non-voting shareholder Is International Broadcasting Consultants which lists Robert H. Ruark as controlling shareholder. In five of these cases, the Investors recruited minorities and women to become part of the application.

"Everybody knows what It takes to get a license," said Craig Ruark, who along with his father Robert and brother Bruce own International Broadcast Consultants Inc, an Austin-based company that pre a a a bbh flffDflflBBB a a JJ I tt BBB a a a a a nun I a ana a an i a a nun y0 BHV, Hunnu hh annum hh i uunnu hh a annunV no nnnus Mary Diaz Jo Stoltz application. Ramon and Olivelra, popular news anchorman for Austin's ABO affiliate, KVUE-TV. acknowledge that they were approached about the Idea of owning and operating the new television station by Billy Goldberg, former Texas Democratic Party chairman and Houston real estate developer. IF THEIR COMPANY, Balcones Broadcasting Limited, is MBank Austin Prime Cable Paragon Properties GTE Sprint Communications Corporation Price Waterhouse Co. The Metropolitan Club Shapiro, Edens Cook ShareCom-Austin Real Estate Investment Group of Austin Shearson LehmanAmerican Express Lincoln Property Company, CS.E, Inc The Bargo Group Coopers Lybrand Gay Gillen Travel Austin Galleries Philippe Custom Jewelers Britton's Alff's Jack Brown Cleaners Abel Stationers Coldwell Banker Ross, Griggs Harrison, Inc.

Armbrust Brown Jenkens Gilchrist Al Hughes i Lff ii 1 1 hi i pzLSZ jgV a injrjr-rx Jl Li t-l "ft 7 One american CENTER pares applications for television and radio licenses. "There's nothing insincere about It unless you're talking about tokenism." RAMON AGREES. "THE fact that I'm female helps. The fact that I'm Hispanic helps," said Ramon, an assistant attorney general and one of three Hispanics listed as general partners in the application of Balcones Broadcasting Limited. "I feel fortunate that I possess the qualifications that may help the application.

I don't feel used any more than Geraldlne Ferraro." "The policy was put Into effect for all the right reasons, and some people have made it into a game, and I think that's a shame." said 600 Congress Avenue, Austin, Texas 78701 For leasing information contact The Home Company Realtors. 114 West Seventh Street Suite 200, Austin, Texas 78701 512479-0737 A development of Rust Properties. awarded the license, Olivelra will be station manager; Ramon will be program director; and Goldberg's daughter in law, Edila Paz Goldberg, a Colombian native, will be in charge of sales. Goldberg said he would be the principal financial backer. "It's always been one of my dreams," said Olivelra, adding that he has the blessings of his present employer if Balcones Broadcasting gets the license for the new station.

"I don't have 2 or 3 or 4 million dollars in the bank. Mr. Goldberg approached me. and asked if I wanted to be part of the application." Goldberg said the application "makes good sense" because of the priorities the FCC considers and "from the standpoint of having a substantial tie-in with a substantial portion of the Austin citizenry that are not very well represented in ownership and managerial positions in the radio-TV field." "MR. GOLDBERG has given us an opportunity we wouldn't otherwise have," said Ramon, who earned a degree in radio, television and film from the University of Texas.

"We can help him, and he can help us." Martinez, a computer programmer for Data General, said that the application idea for Lake Country Telecasters Inc. came from Jeff Nightbyrd, a friend from college days at UT who is now president of Low Power Technology a company that owns low frequency television stations throughout the United States and recently moved its headquarters to Austin. "We couldn't have done it without his initiative," said Martinez, who is listed as a 50-50 partner with Sau-fong Soo, a self-employed consultant for nonprofit social ser-' vices programs in Houston and Austin. If the Republicans were seeking equal time with the application backed by former Democratic party chief Billy Goldberg, they got it in Channel 54 Limited, which lists as investors several men who were either part of the administration of Gov. Bill Clements or have ties to the Republican Party.

The general partners who would own and run the station, however, are three minority individuals. Correa, a Hispanic, is director of organization for the Republican Party In Texas. Handcox, the first black elected to the Austin City Council, is currently employed as community relations coordinator for Motorola. His wife, Ruby, Is assistant principal at Johnston High School. "ITS A VERY sincere thing, a serious financial commitment" said Handcox, who served two terms on the City Council from 1971 to 1975.

"I don't know how all of us could be used for something that can be a very worthwhile us, the community and the races. As far as I'm concerned we can take great pride if we can pull it off." Among the company's investors who served on Clements' staff are Armstrong and Oles. Another investor, Austin laywer Thomas Forbes, is married to Frances Lockridge, who also served In the Clements' administration. Armstrong, a wealthy rancher. Is the husband of Ann Armstrong, who served in the administration of President Richard Nixon.

Another Investor In Channel 54 Limited Is Samuel E. Barshop, chairman of the board and chief executive officer of La Qulnta Motor Inns and a big Clements supporter. A pre-hearing conference involving lawyers for all the applicants has been scheduled for Dec 3 with an FCC administrative law judge. It could take from six months to two years, or even long- er, for the FCC to award the new channel. INCOME DIF caGMJiun Barbara Barron, an Austin lawyer familiar with the FCC application process.

Barron represents Stoltz and Diaz, two Hispanic women, who plan to get their own financing without the backing of outside Investors. "I BELIEVE I can do It on my own," said Stoltz, an Austin real estate broker. She will have a 90 percent ownership Interest In the enterprise. Diaz, a stockholder and general manager in the Austin Spanish-speaking radio station KMXX until 1982, will own 10 percent Two other applicants, Isabel Chavez and ATV Associates said they also will provide their own financing without investors. Chavez, owner of a Harlingen dress shop, said she has the collateral to finance the station.

And the three Hispanic women listed as shareholders in ATV Associates would build and operate the tion, according to Root, their lawyer. In addition to the proposed Involvement of minorities and women, the FCC weighs several other factors in evaluating the applications. "Merit points" are also awarded if an applicant lives in the community that the station is serving and Is involved in civic activities. It's also helps if the individuals who would own the station are committed to having a hand in day to day operation. ONE IMPORTANT consideration by the FCC is technical what is the television coverage area and the number of people the applicant is proposing to serve.

This depends on the strength of the signal and the height and location of the antenna tower. "If all other criteria Is equal, the minority Is likely to win the license," said the FCCs Kramer. But first, she said, the commission will carefully screen each applicant. "We are going to ask questions (on) whether minorities are going to be used as fronts for non-minorities, if women are going to be used as fronts for their husbands." THE ONLY APPLICANT that does not propose to have minority controlling interest of Channel 54 is Capital City Community Interests a subsidiary of Allandale Baptist Church. However, in the face of heavy minority involvement by all the other applicants, the church amended its original application to give minorities a higher profile.

It dropped church administrator David Ferguson from president of the corporation to vice president and elevated Aur-ispa, a Hispanic to the position of president Allandale Baptist also added Aurispa and Ida Hunt, a black, to its board of trustees. Ferguson said the emphasis on minorities by the other applicants was "probably not the basis" for the amendments by the church Gill's Individual Retirement Accounts FIXED RATE ANNUAL YIELD Now that your IRA Certificate is almost mature, you may find yourself wondering about its future. About your plans for it to help support you when you retire. Well, if you want to make sure it measures up to your expectations, call Gill Savings. And find out how much more it can earn in one of our high interest IRA's.

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About Austin American-Statesman Archive

Pages Available:
2,714,819
Years Available:
1871-2018