Resolution of the Board of Directors of the Corporation for Public Broadcasting
June 21, 2005
Delegation of Authority to Enter Agreement with iBiquity Digital Corporation
WHEREAS,
The CPB Board of Directors has endorsed the goal of strengthening the ability of local stations to provide meaningful services to their communities and seeks to facilitate the effective transition of public radio into the digital era; and
WHEREAS,
The Congress has appropriated to CPB $39,387,360 for fiscal year 2005 "for costs related to digital program production, development, and distribution, associated with the transition of public broadcasting to digital broadcasting...;" and
WHEREAS,
CPB has identified an opportunity for potential savings in public radio's conversion to digital broadcasting through the purchase of master license rights for digital radio broadcast at significantly reduced costs;
NOW, THEREFORE, BE IT RESOLVED THAT:
The CPB Board of Directors hereby authorizes management to negotiate and, if contractual terms satisfactory to management are reached, enter into an agreement with iBiquity Digital Corporation for the purchase of station digital radio licenses.