*Pages 1--2 from  Microsoft Word - 20977.doc*
 PUBLIC  NOTICE  Federal  Communications  Commission  445  12  th  St.,  S.  W.  Washington,  D.  C.  20554  News  Media  Information  202  /  418-  0500  Internet:  http://  www.  fcc.  gov  TTY:  1-  888-  835-  5322 
 DA  02-  2125 
 Released:  August  29,  2002 


 WIRELESS  TELECOMMUNICATIONS  BUREAU  GRANTS  TWO  900  MHZ  SPECIALIZED  MOBILE  RADIO  MTA  LICENSES 


 AUCTION  EVENT  NO.  7 
 Report  No.  AUC-  7  (Auction  No.  7) 
 On  June  14,  2002,  the  Wireless  Telecommunications  Bureau  announced  that  it  was  prepared  to  grant  the  application  for  two  (2)  licenses  in  the  900  MHz  Specialized  Mobile  Radio  (SMR) 
 Auction  (Auction  No.  7),  provided  that  the  applicant  submitted  its  second  down  payment  of  five  (5)  percent  of  its  winning  bid  by  June  28,  2002.  1 


 The  Commission  received  the  applicant’s  second  down  payment  as  required  by  Section  1.2110(  g)(  2)  of  the  Commission’s  rules.  The  applicant  is  eligible  to  pay  the  remaining  balance  of  its 
 winning  bids  in  installments.  2  Grant  of  each  license  is  expressly  conditioned  upon  timely  execution  and  return  of  (1)  a  note  documenting  the  applicant’s  installment  payment  obligations,  and  (2)  a  security 
 agreement  commemorating  the  Commission's  security  interest  in  the  license  in  the  event  of  default.  Grant  is  also  conditioned  upon  the  execution  of  the  applicable  financing  statements  (i.  e.  the  UCC-  1  Forms)  and 
 payment  of  all  costs  associated  with  the  preparation  and  recordation  of  the  financing  statements.  Accordingly,  final  grant  of  each  license  is  conditioned  upon  the  full  and  timely  performance  of  the 
 licensee’s  payment  obligations  under  the  installment  plan.  Failure  to  comply  with  these  conditions  in  a  timely  manner  for  any  license  will  result  in  automatic  cancellation  of  the  licenses. 


 The  Applicant  will  receive  an  original  note,  security  agreement,  and  financing  statements  for  each  license  granted,  with  instructions  on  completing,  signing,  and  returning  the  documents  to  the 
 Commission.  Individual  licenses  will  be  issued  to  the  licensee  following  receipt  by  the  Commission  of  the  note(  s)  and  security  agreement(  s). 


 This  Public  Notice  contains  the  following  Attachments: 
 €  Attachment  A:  List  of  Licenses  the  Wireless  Telecommunications  Bureau  is  Granting. 


 1  See  “Wireless  Telecommunications  Bureau  Announces  it  is  Prepared  to  Grant  Two  900  MHZ  Specialized  Radio 
 Service  (“  SMR”)  Auction  Licenses  to  Two  Way  Radio  of  Carolina,  Inc.”  Public  Notice,  DA  02-  1418  (rel.  June  14,  2002). 


 2  47  C.  F.  R.  §  90.812  (1996) 
1
 €  Attachment  B:  Instructions  for  Searching  for  Applications  Listed  in  Attachment  A  Using  ULS. 
 €  Attachment  C:  Instructions  for  Searching  for  Granted  Licenses  Listed  in  Attachment  A  Using  ULS. 
 €  Attachment  D:  Instructions  for  Accessing  the  FCC  Network  Using  Windows  95/  98. 
 For  further  information  the  news  media  should  contact  Meribeth  McCarrick,  Wireless  Telecommunications  Bureau,  at  (202)  418-  0500.  For  questions  regarding  the  loan  documents  contact 
 Rita  Cookmeyer  or  Yolanda  Lee,  Wireless  Telecommunications  Bureau,  Auctions  and  Industry  Analysis  Division  at  (202)  418-  0660.  For  questions  regarding  legal  matters  and  licensing  questions  contact  Amal 
 Abdallah  or  Bettye  Woodward,  Wireless  Telecommunications  Bureau,  Commercial  Wireless  Division,  at  (202)  418-  7240. 
2