Alfredo Plascencia’s Lazer Broadcasting is picking up a DIY project in the Monterey-Salinas CA market. The Class A FM, earmarked for a dial position of 105.9 MHz, will be Lazer’s third in the market once it’s built. The seller is Aurora Communications, headed by John Cooper. The price is $1,867,425, $1.72M of which will be in the form of a canceled debt. Lazer will also kick in $147,425 cash. The new station will be licensed to Carmel Valley CA. It’ll form a three-station cluster with KXZM-FM Felton CA and KXSM-FM Hollister CA.
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