 When KZLN folded, the diocese, by way of RGV Educational Broadcasting, Inc. stepped in to acquire the channel 60 license in a transaction approved by the FCC in December 1983.The diocese assumed a $36,000 tax liability and $15,000 in outstanding wages and forgave $356,000 in debt.RGV Educational Broadcasting changed the call letters to KEDV; in August, the diocese announced a $1.2 million pledge to cover the start-up expenses for a new facility, to be located on diocesan land south of the Valley Baptist Medical Center in Harlingen, as well as a new tower at La Feria.