Foreign-Trade Zone 22-Chicago, IL; Application for Subzone, Michelin North America (Tire Distribution), Monee, IL, 14443 [05-5623]

Download as PDF Federal Register / Vol. 70, No. 54 / Tuesday, March 22, 2005 / Notices B. Grantee Reimbursement 1. SF–270, ‘‘Request for Advance or Reimbursement,’’ will be completed by the grantee and submitted to either the State or National Office not more frequently than monthly. 2. Upon receipt of a properly completed SF–270, the funds will be requested through the field office terminal system. Ordinarily, payment will be made within 30 days after receipt of a proper request for reimbursement. 3. Grantees are encouraged to use women- and minority-owned banks (a bank which is owned at least 50 percent by women or minority group members) for the deposit and disbursement of funds. C. Post-Award Project Changes Any change in the scope of the project, budget adjustments of more than 10 percent of the total budget, or any other significant change in the project must be reported to and approved by the approval official by written amendment to RUS Guide 1775– 1. Any change not approved may be cause for termination of the grant. D. Project Reporting 1. Grantees shall constantly monitor performance to ensure that time schedules are being met, projected work by time periods is being accomplished, and other performance objectives are being achieved. 2. SF–269, ‘‘Financial Status Report (short form),’’ and a project performance activity report will be required of all grantees on a quarterly basis, due 30 days after the end of each quarter. 3. A final project performance report will be required with the last SF–269 due 90 days after the end of the last quarter in which the project is completed. The final report may serve as the last quarterly report. 4. All multi-State grantees are to submit an original of each report to the National Office. Grantees serving only one State are to submit an original of each report to the State Office. The project performance reports should detail, preferably in a narrative format, activities that have transpired for the specific time period. 5. The grantee will provide an audit report or financial statements as follows: a. Grantees expending $500,000 or more Federal funds per fiscal year will submit an audit conducted in accordance with OMB Circular A–133. The audit will be submitted within 9 months after the grantee’s fiscal year. Additional audits may be required if the project period covers more than one fiscal year. VerDate jul<14>2003 15:26 Mar 21, 2005 Jkt 205001 b. Grantees expending less than $500,000 will provide annual financial statements covering the grant period, consisting of the organization’s statement of income and expense and balance sheet signed by an appropriate official of the organization. Financial statements will be submitted within 90 days after the grantee’s fiscal year. VII. Agency Contacts A. Web site: http://www.usda.gov/rus/ water. The RUS’ Web site maintains upto-date resources and contact information for RFP programs. B. Telephone: 202–720–9586. C. Fax: 202–690–0649. D. E-mail: stephen.saulnier@usda.gov. E. Main point of contact: Stephen Saulnier, Loan Specialist, Water and Environmental Programs, Water Programs Division, Rural Utilities Service, U.S. Department of Agriculture. Dated: March 3, 2005. Curtis M. Anderson, Acting Administrator, Rural Utilities Service. [FR Doc. 05–5582 Filed 3–21–05; 8:45 am] BILLING CODE 3410–15–P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket 15–2005] Foreign-Trade Zone 22—Chicago, IL; Application for Subzone, Michelin North America (Tire Distribution), Monee, IL An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Illinois International Port District, grantee of FTZ 22, requesting special-purpose subzone status for the tire and tire accessory warehousing/ distribution facility of Michelin North America (MNA), in Monee, Illinois. The application was submitted pursuant to the provisions of the Foreign-Trade Zones Act, as amended (19 U.S.C. 81a– 81u), and the regulations of the Board (15 CFR part 400). It was formally filed on March 14, 2005. The MNA facility (1 building, 721,761 sq. ft. on 34.9 acres) is located at 25850 S. Ridgeland Avenue, within the Bailly Ridge Corporate Center, Monee, Illinois (Will County). The facility (80 employees) may be used under FTZ procedures for warehousing, inspection, labeling, packaging, scrapping, and distribution of tires and tire accessories (including tire flaps, inner tubes and gaskets). Some 50 to 80 percent of the tires at the facility are sourced abroad. About 25–30 percent of the tires at the facility are currently re-exported. PO 00000 Frm 00008 Fmt 4703 Sfmt 4703 14443 Zone procedures would exempt MNA from Customs duty payments on foreign products that are re-exported. On domestic sales, the company would be able to defer payments until merchandise is shipped from the plant. MNA would be able to avoid duty on foreign products which become scrap/ waste, estimated at 1–3 percent of total inventory. FTZ designation would further allow MNA to realize significant logistical/procedural benefits. The application indicates that the savings from zone procedures will help improve the facility’s international competitiveness. In accordance with the Board’s regulations, a member of the FTZ Staff has been designated examiner to investigate the application and report to the Board. Public comment is invited from interested parties. Submissions (original and 3 copies) shall be addressed to the Board’s Executive Secretary at one of the following addresses: 1. Submissions Via Express/Package Delivery Services: Foreign-Trade-Zones Board, U.S. Department of Commerce, Franklin Court Building—Suite 4100W, 1099 14th St., NW., Washington, DC 20005; or 2. Submissions Via the U.S. Postal Service: Foreign-Trade-Zones Board, U.S. Department of Commerce, FCB— Suite 4100W, 1401 Constitution Ave., NW., Washington, DC 20230. The closing period for their receipt is May 23, 2005. Rebuttal comments in response to material submitted during the foregoing period may be submitted during the subsequent 15-day period (to June 6, 2005). A copy of the application and accompanying exhibits will be available for public inspection at the Office of the Foreign-Trade Zones Board’s Executive Secretary at address Number 1 listed above, and at the U.S. Department of Commerce Export Assistance Center, 200 West Adams Street, Suite 2450, Chicago, IL 60606. Dated: March 15, 2005. Dennis Puccinelli, Executive Secretary. [FR Doc. 05–5623 Filed 3–21–05; 8:45 am] BILLING CODE 3510–DS–P E:\FR\FM\22MRN1.SGM 22MRN1

Agencies

[Federal Register Volume 70, Number 54 (Tuesday, March 22, 2005)]
[Notices]
[Page 14443]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-5623]


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DEPARTMENT OF COMMERCE

Foreign-Trade Zones Board

[Docket 15-2005]


Foreign-Trade Zone 22--Chicago, IL; Application for Subzone, 
Michelin North America (Tire Distribution), Monee, IL

    An application has been submitted to the Foreign-Trade Zones Board 
(the Board) by the Illinois International Port District, grantee of FTZ 
22, requesting special-purpose subzone status for the tire and tire 
accessory warehousing/distribution facility of Michelin North America 
(MNA), in Monee, Illinois. The application was submitted pursuant to 
the provisions of the Foreign-Trade Zones Act, as amended (19 U.S.C. 
81a-81u), and the regulations of the Board (15 CFR part 400). It was 
formally filed on March 14, 2005.
    The MNA facility (1 building, 721,761 sq. ft. on 34.9 acres) is 
located at 25850 S. Ridgeland Avenue, within the Bailly Ridge Corporate 
Center, Monee, Illinois (Will County). The facility (80 employees) may 
be used under FTZ procedures for warehousing, inspection, labeling, 
packaging, scrapping, and distribution of tires and tire accessories 
(including tire flaps, inner tubes and gaskets). Some 50 to 80 percent 
of the tires at the facility are sourced abroad. About 25-30 percent of 
the tires at the facility are currently re-exported.
    Zone procedures would exempt MNA from Customs duty payments on 
foreign products that are re-exported. On domestic sales, the company 
would be able to defer payments until merchandise is shipped from the 
plant. MNA would be able to avoid duty on foreign products which become 
scrap/waste, estimated at 1-3 percent of total inventory. FTZ 
designation would further allow MNA to realize significant logistical/
procedural benefits. The application indicates that the savings from 
zone procedures will help improve the facility's international 
competitiveness.
    In accordance with the Board's regulations, a member of the FTZ 
Staff has been designated examiner to investigate the application and 
report to the Board.
    Public comment is invited from interested parties. Submissions 
(original and 3 copies) shall be addressed to the Board's Executive 
Secretary at one of the following addresses:
    1. Submissions Via Express/Package Delivery Services: Foreign-
Trade-Zones Board, U.S. Department of Commerce, Franklin Court 
Building--Suite 4100W, 1099 14th St., NW., Washington, DC 20005; or
    2. Submissions Via the U.S. Postal Service: Foreign-Trade-Zones 
Board, U.S. Department of Commerce, FCB--Suite 4100W, 1401 Constitution 
Ave., NW., Washington, DC 20230.
    The closing period for their receipt is May 23, 2005. Rebuttal 
comments in response to material submitted during the foregoing period 
may be submitted during the subsequent 15-day period (to June 6, 2005).
    A copy of the application and accompanying exhibits will be 
available for public inspection at the Office of the Foreign-Trade 
Zones Board's Executive Secretary at address Number 1 listed above, and 
at the U.S. Department of Commerce Export Assistance Center, 200 West 
Adams Street, Suite 2450, Chicago, IL 60606.

    Dated: March 15, 2005.
Dennis Puccinelli,
Executive Secretary.
[FR Doc. 05-5623 Filed 3-21-05; 8:45 am]
BILLING CODE 3510-DS-P