$//Central Florida Comm. Grp. MM 90-633 FCC 94-338//$ $/1.106 Petitions for reconsideration/$ ///newjob/// $///FCC 94-338 12-30-94///$ Before the FEDERAL COMMUNICATIONS COMMISSION Washington, D.C. 20554 FCC 94-338 In re Applications of ) MM Docket No. 90-633 ) CENTRAL FLORIDA ) File No. BPH-880505MS COMMUNICATIONS ) GROUP, INC. ) ) MICHELLE N. TERZYNSKI ) File No. BPH-880505PL ) For Construction Permit for ) New FM Station on Channel 277A ) Holly Hill, Florida ) ORDER Adopted: December 22, 1994; Released: January 6, 1995 By the Commission: I. BACKGROUND 1. This order dismisses in part and denies in part a Petition for Reconsideration, filed January 12, 1994, by Central Florida Communications Group, Inc. (CFCG). CFCG seeks reconsideration of a Commission order that denied review of a Review Board decision denying CFCG's application for a new FM radio station in Holly Hill, Florida and granting the mutually exclusive application of Michelle N. Terzynski. Central Florida Communications Group, Inc., 8 FCC Rcd 4128 (Rev. Bd. 1993), rev. denied, 8 FCC Rcd 8725 (1993). 2. The Board found that CFCG did not demonstrate that it was financially qualified at the time it filed its application because it did not show the availability of sufficient assets to meet its estimated costs. 8 FCC Rcd at 4129-31  8-11. The Board faulted a financial statement submitted by CFCG as inadequately documenting liquid assets relied on. The Board also rejected CFCG's reliance on real estate as not supported by valid appraisals. Because CFCG did not demonstrate its qualifications at the time it filed its application, the Board did not permit CFCG to rely on a bank letter obtained subsequently. The Commission denied review without comment. II. PETITION FOR RECONSIDERATION 3. In its petition for reconsideration, CFCG reiterates its arguments that: (1) its financial statement adequately demonstrated the availability of sufficient liquid assets; (2) there is no reason to doubt the adequacy of its non-liquid assets to meet its costs; and (3) the Commission should have taken into account CFCG's bank loan. 4. Additionally, CFCG contends that changed circumstances have occurred warranting reconsideration. CFCG observes that the United States Court of Appeals recently held that the Commission's integration criterion, used in comparative proceedings, was arbitrary and capricious. Bechtel v. FCC, 10 F.3d 875 (D.C. Cir. 1993). CFCG argues that the Commission's financial qualifications policy is also arbitrary and capricious, especially as applied to minorities, and that Bechtel therefore dictates further review of this case. III. DISCUSSION 5. CFCG has shown no basis for reconsideration. To the extent that CFCG merely repeats arguments concerning its financial qualifications previously made to the Commission, its petition for reconsideration is repetitious and subject to summary rejection. The provisions of 47 C.F.R.  1.106(b)(2) and 1.115(g) provide that the Commission will entertain a petition for reconsideration of a ruling which denies an application for review only if the petition relies on newly discovered facts or changed circumstances. 6. The only changed circumstance noted by CFCG is Bechtel. That case, however, concerned the validity of the Commission's integration criterion and not financial qualifications. Additionally, CFCG did not timely challenge the facial validity of the Commission's financial qualifications policy. CFCG did not at any stage of this proceeding argue with specificity that the financial standards were arbitary and capricious on their face. Rather, it previously argued that it demonstrated its financial qualifications consistent with those standards. Only now -- in light of Bechtel -- does CFCG argue, in a conclusory fashion, that the financial standards used in comparative proceedings are arbitrary and capricious. We see nothing in Bechtel that would require us to entertain an untimely and conclusory challenge to the facial validity of a Commission policy unrelated to integration, as CFCG now seeks to make. IV. ORDER 8. ACCORDINGLY, IT IS ORDERED, That the Petition for Reconsideration, filed January 12, 1994, by Central Florida Communications Group, Inc. IS DISMISSED in part and otherwise IS DENIED. 9. IT IS FURTHER ORDERED, That the Petition to Rescind, filed March 29, 1994, by Central Florida Communications Group, Inc. IS DISMISSED as moot. FEDERAL COMMUNICATIONS COMMISSION William F. Caton Acting Secretary