On July 31, 1996, Salvatierra entered into an agreement with Paxson Communications (now Ion Media Networks). Under terms of the agreement, Salvatierra created a new ownership entity called America 51, L.P., sold 49% interest of the new company to Paxson for $5.4 million, transferred the construction permit and site license to Paxson to build the television station, and gave them the right to purchase the remainder of the company for $6.6 million once the TV station had been on air for one year. Salvatierra filed the pro forma application the following week to assign the construction permit from Hector Garcia Salvatierra to America 51, L.P.