Federal Communications Commission
Washington, D.C. 20554
Approved by OMB
3060-0031 (September 2004)
FOR FCC USE ONLY
 
Extension of Consummation

Read Instructions/FAQ before filling out form

FOR COMMISSION USE ONLY
FILE NO.

Section I - General Information
1. Legal Name of the Applicant
BUSINESSRADIO HOUSTON LICENSEE LLC
Mailing Address
C/O TAYLOR LAW OFFICES
4550 POST OAK PLACE DRIVE, SUITE 241

City
HOUSTON
State or Country (if foreign address)
TX
Zip Code
77027 -
Telephone Number (include area code)
7136265300
E-Mail Address (if available)
FCC Registration Number:
0017184243
Call Sign 
KTEK
Facility ID Number
10827
2. Contact Representative (if other than licensee/permittee)
MARK B. DENBO, ESQ.
Firm or Company Name
DRINKER BIDDLE & REATH LLP
Mailing Address
1500 K STREET, N.W.
SUITE 1100

City
WASHINGTON
State or Country (if foreign address)
DC
ZIP Code
20005 -
Telephone Number (include area code)
2022305180

E-Mail Address (if available)
MARK.DENBO@DBR.COM
3. Purpose:
Consummation Notice
Extension of Consummation
Notification of Non-consummation
4. Consummation for:
Assignment of License and/or Permit
Transfer of Control
5.
Lead Station File Number:     BAL - 20100315ACS
Lead Facility ID:    10827
6.
(a) I request a ninety (90) day extension of the deadline to consummate the referenced assignment
of license/transfer of control application
Yes   No

(b) This is a second or greater extension of time for consummation request

Yes No
If yes to Item #b, an exhibit is attached which (1) states the reason for the further extension and (2) states that
all the pertinent information included in the application is still current
[Exhibit 1]

I certify that the statements in this application are true, complete, and correct to the best of my knowledge and belief, and are made in good faith. I acknowledge that all certifications and attached Exhibits are considered material representations.

Typed or Printed Name of Person Signing
THOMAS L. TAYLOR, III
Typed or Printed Title of Person Signing
RECEIVER
Signature
Date
04/19/2011

WILLFUL FALSE STATEMENTS ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT (U.S. CODE, TITLE 18, SECTION 1001), AND/OR REVOCATION OF ANY STATION LICENSE OR CONSTRUCTION PERMIT (U.S. CODE, TITLE 47, SECTION 312(a)(1)), AND/OR FORFEITURE (U.S. CODE, TITLE 47, SECTION 503).



Exhibits
Exhibit 1
Description:
EXHIBIT 1

THE PURPOSE OF THIS FILING IS TO REQUEST AN EXTENSION OF TIME IN WHICH TO CONSUMMATE THE TRANSACTION SET FORTH IN FCC FILE NO. BAL-20100315ACS (THE 'ASSIGNMENT APPLICATION').

ON JULY 28, 2010, THE COMMISSION GRANTED AN APPLICATION FOR THE PRO FORMA TRANSFER OF CONTROL OF THE IMMEDIATE CORPORATE PARENT OF BUSINESSRADIO HOUSTON LICENSEE, LLC ('BUSINESSRADIO'), THE LICENSEE AND APPROVED ASSIGNOR OF KTEK(AM), ALVIN, TX, TO THOMAS L. TAYLOR, III, THE COURT-APPOINTED RECEIVER FOR BUSINESSRADIO AND ITS CORPORATE PARENTS (FCC FILE NO. BTC-20100716AAM). SINCE THAT TIME, MR. TAYLOR HAS BEEN ACTIVELY TAKING STEPS IN CONJUNCTION WITH THE COURT ORDER REFERENCED IN THAT APPLICATION IN AN EFFORT TO CONSUMMATE THE SALE OF THE STATION'S LICENSE AND ASSETS AS SET FORTH IN THE ASSIGNMENT APPLICATION.

TO THAT END, MR. TAYLOR AND THE APPROVED ASSIGNEE, SOUTH TEXAS BROADCASTING, INC. ('SOUTH TEXAS') WORKED TOGETHER TO PROPOSE THE PROCESS BY WHICH SOUTH TEXAS WILL BE THE INITIAL STALKING HORSE BIDDER IN AN AUCTION FOR THE STATION. ON APRIL 4, 2011, THE U.S. FEDERAL DISTRICT COURT, HOUSTON (TX) DIVISION APPROVED THE PROCEDURES FOR THAT AUCTION. PURSUANT TO THAT ORDER, IF A PARTY OTHER THAN SOUTH TEXAS BECOMES A QUALIFIED BIDDER FOR THE STATION, THEN A PUBLIC AUCTION WILL BE HELD, BEGINNING ON MAY 12, 2011. ON JUNE 16, 2011, THE COURT IS SCHEDULED TO CONDUCT A HEARING TO CONFIRM THE IDENTITY OF THE PURCHASER AND THE SALE PRICE FOR THE STATION.

IF SOUTH TEXAS IS THE SUCCESSFUL BIDDER AT THE AUCTION, THE PARTIES WILL CONSUMMATE THIS TRANSACTION SHORTLY AFTER THE JUNE 16 HEARING DATE. IN ORDER TO PROVIDE SUFFICIENT TIME TO ALLOW FOR AN ORDERLY AUCTION AND CLOSING, THE PARTIES RESPECTFULLY REQUEST AN ADDITIONAL 90-DAY EXTENSION OF THE DEADLINE IN WHICH TO CONSUMMATE THIS TRANSACTION.

ALL OF THE PERTINENT INFORMATION SET FORTH IN THE ASSIGNMENT APPLICATION RELATING TO THE APPROVED ASSIGNEE, SOUTH TEXAS, REMAINS CURRENT, WITH THE EXCEPTION OF THE EXECUTION OF A FIRST AMENDMENT TO ASSET PURCHASE AGREEMENT, AS DESCRIBED IN THE FOREGOING SENTENCES. ON MARCH 3, 2011, SOUTH TEXAS AND THOMAS L. TAYLOR III, IN HIS CAPACITY AS RECEIVER OF THE ASSIGNOR, ENTERED INTO A FIRST AMENDMENT TO ASSET PURCHASE AGREEMENT. THE AMENDMENT, AMONG OTHER THINGS, (A) DESCRIBED THE AUCTION AND BIDDING PROCEDURES SUBSEQUENTLY PROPOSED BY THE RECEIVER AND ESTABLISHED BY THE FEDERAL DISTRICT COURT; AND (B) REVISED THE PURCHASE PRICE CONSIDERATION THAT WOULD BE IMPOSED ON SOUTH TEXAS IF IT IS THE WINNING BIDDER FOR THE STATION.

ALL OF THE PERTINENT INFORMATION SET FORTH IN THE ASSIGNMENT APPLICATION RELATING TO THE APPROVED ASSIGNOR, BUSINESSRADIO, ALSO REMAINS CURRENT, OTHER THAN AS PROVIDED IN THE PRECEDING PARAGRAPH AND IN THE PRO FORMA TRANSFER OF CONTROL APPLICATION REFERENCED HEREIN.


Attachment 1