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This
offering is a licensed and operating Low Power Television
Station in Victoria, Texas operating on channel 38
with a power of 250 watts with CP for 9.99 kW and
is available on a first come-first served basis.
The price of this opportunity is $200,000 payable
as follows: 20% of the purchase price ($40,000) to
be paid as a non-refundable deposit upon the signing
of a purchase agreement and the balance of $160,000
to be paid at closing. The closing will be held after
the Federal Communications Commission approves transfer
of the license to the buyer. The closing will take
place within 10 calendar days following FCC approval.
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Victoria
is the place where Texas history was written and the
legendary Texas cattle industry began. It is also
one of the state's old, historic cities. The original
colony, founded in 1824 by impresario Don Martin de
Leon, was named for the first president of Mexico,
Don Guadalupe Victoria. The town was established at
a site known earlier as Cypress Grove due to the abundant
cypress trees growing along the banks of the Guadalupe
River.
Victoria was incorporated under the Republic of Texas
in 1839, making it the second oldest incorporated
city in Texas.
After the civil war, Victoria continued to prosper
as an industrial and agricultural center. Telegraph
service reached the city in 1870, and local telephone
service was established in 1889. A safe and vault
company, the only institution of its kind south of
Cincinnati, and the Texas Continental Meat Company,
established in 1883, were precursors of new techniques.
Ranching was the area's first major enterprise with
the U.S. Census showing 42,993 beef cattle by 1880
and 75,495 by 1900, One of the first meat packing
plants was established in 1869 and by 1900 three banks
served the area. The Victoria Advocate, the state's
second oldest existing newspaper, first appeared in
1846 and by 1897 was publishing a daily edition.
During the post-World War II era, Victoria became
one of the fastest-growing cities in Texas. Its historic
industries have contributed to increased prosperity.
As a result of increased population reflected in the
1980 Census, Victoria became a standard metropolitan
statistical area in 1981.
Victoria has seen rapid growth since its humble beginnings
in 1824. Now home to over 60,000 people, the city's
origins can still be celebrated by a visit to the
historic downtown district.
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