K240FC would be far better off on 94.9 than its CP for 106.5, which would get clobbered by KOVE. Frequency will also be a little bit more open if/when the KLVL translator on 94.9 makes its move to 95.3.
It is interesting to peruse the "cancelled LPFMs" on the lpfmdatabase site. A very long list, including many stations that never launched.