62770 Federal Register / Vol. 62, No. 227 / Tuesday, November 25, 1997 / Notices

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 97–30901 Filed 11–24–97; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL COMMUNICATIONS

COMMISSION

[DA–97–2420; Report No. AUC–17–D

(Auction No. 17)]

Opportunity for Reply Comment on

Reserve Prices or Minimum Opening

Bids for LMDS Auction Extended

Released: November 18, 1997.

When FCC licenses are subject to

auction (i.e., because they are mutually

exclusive) the recently enacted

Balanced Budget Act of 1997 calls upon

the Commission to prescribe methods

by which a reasonable reserve price will

be required or a minimum opening bid

established, unless the Commission

determines that a reserve price or

minimum bid is not in the public

interest. The Commission recently

announced the auction of 986 licenses

for the Local Multipoint Distribution

Service (‘‘LMDS’’), and originally set an

auction commencement date of

December 10, 1997 (62 FR 53629,

October 15, 1997), later rescheduled to

February 18, 1998 by Public Notice

released on November 10, 1997. This

document is available in the

Commission’s Office of Public Affairs,

1919 M Street, N.W., Room 202,

Washington, DC 20554. In anticipation

of that auction and in light of the

Balanced Budget Act, the Commission

proposed that minimum opening bids

be established for the LMDS auction,

that they be calculated under a specific

iterated formula, and that the

Commission have discretion to lower

the minimum opening bids as it deems

appropriate. Because of the imminence

of the auction, the Commission sought

comment on its proposals under a

schedule that provided a somewhat

abbreviated deadline for reply

comments.

The Commission received comments

from the following parties:

BroadBand, Inc.

Cornerstone Wireless Communications,

L.L.C.

East Ascension Telephone Company, Inc.

Eclipse Communications Corporation

Fremont Telcom Co.

HighSpeed.Com, L.L.C.

Horizon Personal Communications, Inc.

JATO Communications Corp.

Midwest Wireless Communications, L.L.C.

Montana Wireless, Inc.

North Alabama Cellular, LLC

Pioneer Telephone Association, Inc.

Richard L. Vega Group, Inc.

Spectraware Corporation

Tel/Logic Inc.

Thomas F. Mitts and Pappas Telecasting

Companies

U.S. WaveLink Telecommunications, L.P.

U.S. Wireless Communications, Inc.

Vanguard Cellular Systems, Inc.

VIPC

Virginia Tech Foundation, Inc.

WinStar Communications, Inc.

Zip Communications Corporation

A reply comment was received from

the National Telephone Cooperative

Association.

More recently, the Commission

postponed the auction commencement

date until February 18, 1998. Because of

the additional time available prior to the

commencement of the auction, the

Commission hereby reopens the period

for reply comments on its abovereferenced proposals regarding

minimum opening bids. Reply

comments therefore will be due on or

before December 1, 1997. To file

formally, parties must submit an

original and four copies to the Office of

the Secretary, Room 222, 1919 M Street,

N.W., Washington, D.C. 20554.

Comments and reply comments will be

available for public inspection during

regular business hours in the FCC

Public Reference Room, Room 239, 1919

M Street, N.W., Washington, D.C. 20554.

For further information concerning

this proceeding, contact Brett Tarnutzer,

Auctions and Industry Analysis

Division, Wireless Telecommunications

Bureau, at (202) 418–0660.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 97–30848 Filed 11–24–97; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE

CORPORATION

Sunshine Act Meeting

Pursuant to the provisions of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b), notice is hereby given that

at 10:41 a.m. on Wednesday, November

12, 1997, the Board of Directors of the

Federal Deposit Insurance Corporation

met in closed session to consider

matters relating to the Corporation’s

corporate and supervisory activities.

In calling the meeting, the Board

determined, on motion of Director

Joseph H. Neely (Appointive), seconded

by Director Ellen S. Seidman (Director,

Office of Thrift Supervision), concurred

in by Ms. Julie Williams, acting in the

place and stead of Director Eugene A.

Ludwig (Comptroller of the Currency),

and Acting Chairman Andrew C. Hove,

Jr., that Corporation business required

its consideration of the matters on less

than seven days’ notice to the public;

that no earlier notice of the meeting was

practicable; that the public interest did

not require consideration of the matters

in a meeting open to public observation;

and that the matters could be

considered in a closed meeting by

authority of subsections (c)(2), (c)(4),

(c)(6), (c)(8), and (c)(9)(A)(ii) of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b(c)(2), (c)(4), (c)(6), (c)(8),

and (c)(9)(A)(ii)).

The meeting was held in the Board

Room of the FDIC Building located at

550—17th Street, NW., Washington, DC.

Dated: November 18, 1997.

Federal Deposit Insurance Corporation.

James D. LaPierre,

Deputy Executive Secretary.

[FR Doc. 97–31025 Filed 11–20–97; 4:35 pm]

BILLING CODE 9714–01–M

FEDERAL DEPOSIT INSURANCE

CORPORATION

Sunshine Act Meeting

Pursuant to the provisions of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b), notice is hereby given that

at 10:04 a.m. on Tuesday, November 18,

1997, the Board of Directors of the

Federal Deposit Insurance Corporation

met in closed session to consider

matters relating to the Corporation’s

corporate, supervisory, and resolution

activities.

In calling the meeting, the Board

determined, on motion of Director Ellen

S. Seidman (Director, Office of Thrift

Supervision), seconded by Director

Joseph H. Neely (Appointive),

concurred in by Ms. Julie Williams,

acting in the place and stead of Director

Eugene A. Ludwig (Comptroller of the

Currency), and Acting Chairman

Andrew C. Hove, Jr., that Corporation

business required its consideration of

the matters on less than seven days’

notice to the public; that no earlier

notice of the meeting was practicable;

that the public interest did not require

consideration of the matters in a

meeting open to public observation; and

that the matters could be considered in

a closed meeting by authority of

subsections (c)(4), (c)(6), (c)(8),

(c)(9)(A)(ii), (c)(9)(B), and (c)(10) of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b(c)(4), (c)(6), (c)(8),

(c)(9)(A)(ii)), (c)(9)(B), and (c)(10)).

The meeting was held in the Board

Room of the FDIC Building located at

550—17th Street, N.W., Washington,

D.C.