Federal Communications Commission
Washington, D.C. 20554

Approved by OMB
3060-0010 (June 2014)

FOR FCC USE ONLY

FCC 323
OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS

FOR COMMISSION USE ONLY
FILE NO. BOS-20170306AHW

Section I - General Information

Legal Name of the Respondent
ADAMS RADIO GROUP LLC

Street Address (1)
16233 KENYON AVE

Street Address (2)
SUITE 220

City
LAKEVILLE

State or Country (if foreign address)
MN

ZIP Code
55044 -

Telephone Number (include area code)
9522320588

E-Mail Address (if available)
RONSTONE@ADAMSRADIOGROUP.COM

FCC Registration Number:
0023184476

Call Sign
KGRT-FM

Facility ID Number
63951

Contact Representative
GREGG P. SKALL

Firm or Company Name
WOMBLE CARLYLE SANDRIDGE & RICE, LLP

Street Address (1)
1200 19TH STREET, N.W

Street Address (2)
SUITE 500

City
WASHINGTON

State or Country (if foreign address)
DC

ZIP Code
20036 - 2421

Telephone Number (include area code)
2028574441

E-Mail Address (if available)
GSKALL@WCSR.COM

Nature of Respondent (See Instructions for definitions)
radio button not selected

Licensee

Permittee

Entity with an attributable interest

If this application has been submitted without a fee, indicate reason for fee exemption (see 47 C.F.R. Section 1.1114):
radio button not selected

Governmental Entity radio button not selected

Fee-exempt Report radio button not selected

Other Other radio button not selected

N/A (Fee Required)

All of the information furnished in this Report is accurate as of 02/02/2017
(Date entered must (1) be Oct. 1 of the filing year when filing a Biennial Ownership Report (or Nov. 1, 2009 in the case of the initial filing); or (2) be no more than 60 days prior to the date of filing when filing a non-biennial Ownership Report.)

Purpose: This Report is filed for: (choose one)

Biennial

Validation and Resubmission of a previously filed Biennial Report (certifying no change from previous Report)

Transfer of Control or Assignment of License/Permit

Report by Permittee filing within 30 days after the grant of a construction permit for a new commercial AM, FM or full power television broadcast station.

Update / certification of accuracy of an initial Ownership Report filed by Permittee (filing in conjunction with Permittee's application for a station license)

Amendment to a previously filed Ownership Report

File Number: -

If an Amendment, submit as an Exhibit a listing by Section and Question Number the portions of the previous Report that are being revised.

Licensee and Station Information. The stations listed below are all licensed to the following person or entity:

Licensee Name

Licensee's FCC Registration Number (FRN)

ADAMS RADIO OF LAS CRUCES, LLC

0023184476

FRN Help: CORES Home

Station List

This Report is filed for the following stations:

Copy	Call Sign	Facility ID Number	Location (City/State)	Class of service	Delete Copy
1.			, NEW MEXICO	FM Station
2.			, NEW MEXICO	FM Station
3.			, NEW MEXICO	AM Station
4.			, NEW MEXICO	FM Station
5.			, NEW MEXICO	FM Station
					(Check/Uncheck All)

Respondent is:

Sole Proprietorship	Not-for-profit corporation	Limited partnership
For-profit corporation	General partnership	Other
If "Other," describe nature of the Respondent in an Exhibit.

Section II-A - Non-Biennial Ownership Information

Contract Information. List all contracts and other instruments required to be filed by 47 C.F.R. Section 73.3613. (Only Licensees, Permittees, or Respondents with a majority interest in or that otherwise exercise de facto control over the subject Licensee or Permittee shall respond. Other Respondents should select "Not Applicable" in response to this question.) If the agreement is a local marketing agreement (LMA) or a joint sales agreement (JSA), or if the agreement is a network affiliation agreement, check the appropriate box; otherwise, select "Other" for non-LMA/JSA or network affiliation agreements.
checkbox not checked

Not Applicable

Contract Information

Copy	Description of contract or instrument	Name of person or organization with whom contract is made	Date of Execution	Date of Expiration	Agreement Type (check all that apply)	Delete Copy
1.			Month SEPTEMBER Year	Month Year No Expiration Date	LMA/JSA Network Affiliation Agreement Other
2.			Month SEPTEMBER Year	Month Year No Expiration Date	LMA/JSA Network Affiliation Agreement Other
3.			Month OCTOBER Year	Month Year No Expiration Date	LMA/JSA Network Affiliation Agreement Other
						Check/ Uncheck All

Capitalization (Only Licensees , Permittees, or entities with a majority interest in or that otherwise exercises de facto control over the subject Licensee shall respond.)
checkbox checked

Not Applicable

Capitalization Information

(Check/
Uncheck All)

(a.)

Ownership Interests. This Question requires Respondents to enter detailed information about ownership interests by generating a series of subforms. Answer each question on each subform. The first subform listing should be for the Respondent itself. If the Respondent is not a natural person, also list each of the officers, directors, stockholders, noninsulated partners, members and other persons or entities with a direct attributable interest in the Respondent. (A "direct" interest is one that is not held through any intervening companies or entities.) In the case of vertical or indirect ownership structures, report only those interests in the Respondent that also represent an attributable interest in the Licensee or Permittee for which the Report is being submitted.

List each person or entity with a direct attributable interest in the Respondent separately. Entities that are part of an organizational structure that includes holding companies or other forms of indirect ownership must file separate ownership reports. In such a structure do not report or file separate reports for persons or entities that do not have an attributable interest in the Licensee or Permittee for which the report is being submitted.

Ownership Interests Information

Copy 1.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
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Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
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Person with attributable interest
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Entity with attributable interest

Positional Interest
(Check all that apply)

checkbox not checked Officer
Director
General Partner
Limited Partner
checkbox checked LC/LLC/PLLC Member
checkbox not checked Owner
Stockholder
Attributable Creditor
Attributable Investor
Other (please specify):

FCC Registration Number

0023239593

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 2.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button selected

Person with attributable interest
radio button not selected

Entity with attributable interest

Positional Interest
(Check all that apply)

checkbox checked Officer
checkbox not checked Director
General Partner
Limited Partner
LC/LLC/PLLC Member
Owner
checkbox not checked Stockholder
Attributable Creditor
Attributable Investor
Other (please specify):

FCC Registration Number

0023239759

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 3.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button not selected

Person with attributable interest
radio button selected

Entity with attributable interest

Positional Interest
(Check all that apply)

FCC Registration Number

0023239692

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 4.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button selected

Person with attributable interest
radio button not selected

Entity with attributable interest

Positional Interest
(Check all that apply)

FCC Registration Number

0023239965

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 5.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button selected

Person with attributable interest
radio button not selected

Entity with attributable interest

Positional Interest
(Check all that apply)

checkbox not checked Officer
checkbox checked Director
General Partner
Limited Partner
LC/LLC/PLLC Member
checkbox not checked Owner
Stockholder
Attributable Creditor
Attributable Investor
Other (please specify):

FCC Registration Number

0023239700

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 6.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button selected

Person with attributable interest
radio button not selected

Entity with attributable interest

Positional Interest
(Check all that apply)

FCC Registration Number

9990097819

Percentage of votes

Percentage of total assets
(equity debt plus)

Copy 7.

Name

Address

Street

City/State
, MINNESOTA
Postal/ZIP Code
-
Country (if not U.S.)

Listing Type

Respondent
radio button selected

Other Interest Holder

Relationship to Licensee/Permittee

Licensee/Permittee (or Officer/Director of Licensee/Permittee)
radio button selected

Person with attributable interest
radio button not selected

Entity with attributable interest

Positional Interest
(Check all that apply)

FCC Registration Number

0023240591

Percentage of votes

Percentage of total assets
(equity debt plus)

(Check/
Uncheck All)

(b.)

Respondent certifies that any equity and financial interests not reported in response to Question 3(a) are non-attributable.

If "No," submit as an Exhibit an explanation.

Yes

(c.)

Does the Respondent or any person/entity with an attributable interest in the Respondent also hold an attributable interest in any other broadcast station, or in any newspaper entities in the same market, as defined in 47 C.F.R. Section 73.3555?

If "Yes", provide information describing the interest(s), using EITHER the subform OR the spreadsheet option below for the applicable type of interest (broadcast or newspaper). Respondents with a large number (50 or more) of entries to submit should use the spreadsheet option. NOTE: Spreadsheets must be submitted in a special "XML Spreadsheet" format with the appropriate structure that is specified in the documentation. For instructions on how to use the spreadsheet option to complete this question (including templates to start with), please Click Here.

Newspaper Interest Information

Yes

(d.)

Are any of the individuals listed in response to Question 3(a) married, related as parent-child, or related as siblings?

If "Yes", complete the information describing the relationship.

Familial Relationships

(Check/Uncheck All)

Yes

(e.)

Is Respondent seeking an attribution exemption for any officer or director with duties unrelated to the Licensee or Permittee ?

If "Yes", complete the information in the required fields and submit an Exhibit fully describing that individual's duties and responsibilities, and explaining why that individual should not be attributed an interest.

Exemption Information List

(Check/
Uncheck All)

Yes

SECTION III - CERTIFICATION

I certify that I am PRESIDENT

(Official Title)

of ADAMS RADIO GROUP, LLC

(Exact legal title or name of Respondent)

and that I have examined this Report and that to the best of my knowledge and belief, all statements in this Report are true, correct and complete.

(Date of the signature below must (1) be no earlier than Oct. 1 of the filing year when filing a Biennial Ownership Report (and no earlier than Nov. 1, 2009 in the case of the initial filing); or (2) be no more than 60 days prior to the date of filing when filing a non-biennial Ownership Report.)

Signature RON STONE	Date 02/28/2017
Telephone Number of Respondent (Include area code) 9523369784

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 2
Description: ENTITY TYPE

LIMITED LIABILITY COMPANY

FCC 323 OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS

FCC 323
OWNERSHIP REPORT FOR COMMERCIAL BROADCAST STATIONS