Notice Publishing Substantive Criteria for Evaluation of Applications under the Railroad Rehabilitation and Improvement Financing Program (RRIF), 56207 [05-19094]
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Federal Register / Vol. 70, No. 185 / Monday, September 26, 2005 / Notices
name of the individual submitting the
comment (or signing the comment, if
submitted on behalf of an association,
business, labor union, etc.). You may
review DOT’s complete Privacy Act
Statement in the Federal Register
published on April 11, 2000 (Volume
65, Number 70; Pages 19477–78). The
Statement may also be found at https://
dms.dot.gov.
Issued in Washington, DC on September
19, 2005.
Grady C. Cothen, Jr.,
Deputy Associate Administrator for Safety
Standards and Program Development.
[FR Doc. 05–19093 Filed 9–23–05; 8:45 am]
BILLING CODE 4910–06–P
DEPARTMENT OF TRANSPORTATION
Federal Railroad Administration
Notice Publishing Substantive Criteria
for Evaluation of Applications under
the Railroad Rehabilitation and
Improvement Financing Program
(RRIF)
Federal Railroad
Administration (FRA), Department of
Transportation (DOT).
AGENCY:
Notice of Evaluation Criteria for
RRIF Program.
ACTION:
FRA is publishing this notice
in response to Congressional direction
contained in section 9003(j) of the
recently enacted Safe, Accountable,
Flexible, Efficient Transportation Equity
Act: A Legacy for Users (SAFETEA–LU)
requesting the agency to identify the
substantive criteria and standards used
by the DOT/FRA to determine whether
to approve or disapprove applications
submitted under the RRIF Program. This
information is being provided by
publication in the Federal Register and
posting on the DOT/FRA website, as
required by the statute.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Joseph Pomponio, Director, Office of
Freight Programs, Federal Railroad
Administration, U.S. Department of
Transportation, 1120 Vermont Avenue,
NW., Washington, DC 20590.
Telephone: 202–493–6051, e-mail:
Joseph.Pomponio@fra.dot.gov. Cynthia
Walters, Attorney, Office of Chief
Counsel, Federal Railroad
Administration, U.S. Department of
Transportation, 1120 Vermont Avenue,
NW., Washington, DC 20590.
Telelphone 202–493–6064, e-mail:
Cynthia.Walters@fra.dot.gov.
SUPPLEMENTARY INFORMATION:
VerDate Aug<31>2005
14:49 Sep 23, 2005
Jkt 205001
Background
Congress recently amended sections
502 and 503 of the Railroad
Revitalization and Regulatory Reform
Act of 1976 (45 U.S.C. 821 et seq.), in
SAFETEA–LU (Pub. L. 109–59). These
amendments address DOT’s RRIF
program, which authorizes the Secretary
of Transportation (Secretary) to disburse
money through direct loans and loan
guarantees to various entities. RRIF
loans and loan guarantees are used to
acquire, improve or rehabilitate
intermodal or rail equipment and
facilities, refinance debt that was
undertaken for such purposes, or to
develop or establish new rail or
intermodal facilities. The SAFETEA–LU
amendments expand the total available
program obligations from $3.5 billion to
$35 billion and make several other
program changes. The Secretary’s
authority to administer this program has
been delegated to the Administrator of
FRA (49 CFR sections 1.49(t) and 260.1,
Program Authority).
In addition to the RRIF program
changes, SAFETEA–LU requires the
Department, within thirty days after
enactment of the statute, to publish in
the Federal Register and post on the
Department’s Web site the substantive
criteria and standards used by the
Secretary to determine whether
applications will be approved or
disapproved for RRIF loans. The
substantive criteria responsive to the
request of Congress are the subject of
this notice and are described below.
FRA’s Substantive Criteria for
Evaluation of RRIF Applications
FRA is providing the criteria and
standards used to determine whether to
approve or disapprove an application
submitted under section 502 of the
Railroad Revitalization and Regulatory
Reform Act of 1976. These criteria are
drawn from the legislation authorizing
the RRIF program (45 U.S.C. 821 et seq.)
and program implementing regulations
(49 CFR part 260). The words used
below to describe the criteria differ from
the statute and the regulations only for
purposes of brevity. This notice does
not contain any new criteria or impose
any new legal requirements or have any
legal effect other than to satisfy the
mandate from Congress to issue this
notice. Determinations are made based
on the following criteria and standards,
as more fully set forth in the statute or
the regulations, evaluated individually
and considered collectively.
• The statutory eligibility of the
applicant and the project ( 49 CFR
260.3, definition of applicant and 49
CFR 260.5, eligible purposes);
PO 00000
Frm 00045
Fmt 4703
Sfmt 4703
56207
• The creditworthiness of the project,
including the present and probable
demand for rail services and a
reasonable likelihood that the loan will
be repaid on a timely basis. (49 CFR part
260, Subpart B–FRA policies and
procedures for Evaluating Applications
for Financial Assistance)
• The extent to which the project will
enhance safety. (49 CFR 260.7(a))
• The significance of the project on a
local, regional, or national level in terms
of generating economic benefits and
improving the railroad transportation
system. (49 CFR 260.7(c))
• The improvement to the
environment that is expected to result
directly or indirectly by the
implementation of the project. (49 CFR
260.7(b)) and
• The improvement in service or
capacity in the railroad transportation
system or the reduction in service-or
capacity-related problems that is
expected to result directly or indirectly
from the implementation of the project
(45 U.S.C. 822(c))
Issued in Washington, DC on September
19, 2005.
Joseph H. Boardman,
Federal Railroad Administrator.
[FR Doc. 05–19094 Filed 9–23–05; 8:45 am]
BILLING CODE 4910–06–P
DEPARTMENT OF TRANSPORTATION
National Highway Traffic Safety
Administration
[Docket No. NHTSA–2005–21859; Notice 2]
Toyota Motor North America, Inc.,
Denial of Petition for Decision of
Inconsequential Noncompliance
Toyota Motor North America (Toyota)
has determined that certain model year
2003 through 2005 vehicles that it
produced do not comply with S5(c)(2)
of 49 CFR 571.225, Federal Motor
Vehicle Safety Standard (FMVSS) No.
225, ‘‘Child restraint anchorage
systems.’’ Pursuant to 49 U.S.C.
30118(d) and 30120(h), Toyota has
petitioned for a determination that this
noncompliance is inconsequential to
motor vehicle safety and has filed an
appropriate report pursuant to 49 CFR
Part 573, ‘‘Defect and Noncompliance
Reports.’’ Notice of receipt of the
petition was published, with a 30 day
comment period, on July 19, 2005 in the
Federal Register (70 FR 41476). NHTSA
received one comment, from Advocates
for Highway and Auto Safety
(Advocates).
Affected are a total of approximately
156,555 model year 2003 to 2005 Toyota
E:\FR\FM\26SEN1.SGM
26SEN1
]]>Agencies
[Federal Register Volume 70, Number 185 (Monday, September 26, 2005)]
[Notices]
[Page 56207]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-19094]
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DEPARTMENT OF TRANSPORTATION
Federal Railroad Administration
Notice Publishing Substantive Criteria for Evaluation of
Applications under the Railroad Rehabilitation and Improvement
Financing Program (RRIF)
AGENCY: Federal Railroad Administration (FRA), Department of
Transportation (DOT).
ACTION: Notice of Evaluation Criteria for RRIF Program.
-----------------------------------------------------------------------
SUMMARY: FRA is publishing this notice in response to Congressional
direction contained in section 9003(j) of the recently enacted Safe,
Accountable, Flexible, Efficient Transportation Equity Act: A Legacy
for Users (SAFETEA-LU) requesting the agency to identify the
substantive criteria and standards used by the DOT/FRA to determine
whether to approve or disapprove applications submitted under the RRIF
Program. This information is being provided by publication in the
Federal Register and posting on the DOT/FRA website, as required by the
statute.
FOR FURTHER INFORMATION CONTACT: Joseph Pomponio, Director, Office of
Freight Programs, Federal Railroad Administration, U.S. Department of
Transportation, 1120 Vermont Avenue, NW., Washington, DC 20590.
Telephone: 202-493-6051, e-mail: Joseph.Pomponio@fra.dot.gov. Cynthia
Walters, Attorney, Office of Chief Counsel, Federal Railroad
Administration, U.S. Department of Transportation, 1120 Vermont Avenue,
NW., Washington, DC 20590. Telelphone 202-493-6064, e-mail:
Cynthia.Walters@fra.dot.gov.
SUPPLEMENTARY INFORMATION:
Background
Congress recently amended sections 502 and 503 of the Railroad
Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 821 et
seq.), in SAFETEA-LU (Pub. L. 109-59). These amendments address DOT's
RRIF program, which authorizes the Secretary of Transportation
(Secretary) to disburse money through direct loans and loan guarantees
to various entities. RRIF loans and loan guarantees are used to
acquire, improve or rehabilitate intermodal or rail equipment and
facilities, refinance debt that was undertaken for such purposes, or to
develop or establish new rail or intermodal facilities. The SAFETEA-LU
amendments expand the total available program obligations from $3.5
billion to $35 billion and make several other program changes. The
Secretary's authority to administer this program has been delegated to
the Administrator of FRA (49 CFR sections 1.49(t) and 260.1, Program
Authority).
In addition to the RRIF program changes, SAFETEA-LU requires the
Department, within thirty days after enactment of the statute, to
publish in the Federal Register and post on the Department's Web site
the substantive criteria and standards used by the Secretary to
determine whether applications will be approved or disapproved for RRIF
loans. The substantive criteria responsive to the request of Congress
are the subject of this notice and are described below.
FRA's Substantive Criteria for Evaluation of RRIF Applications
FRA is providing the criteria and standards used to determine
whether to approve or disapprove an application submitted under section
502 of the Railroad Revitalization and Regulatory Reform Act of 1976.
These criteria are drawn from the legislation authorizing the RRIF
program (45 U.S.C. 821 et seq.) and program implementing regulations
(49 CFR part 260). The words used below to describe the criteria differ
from the statute and the regulations only for purposes of brevity. This
notice does not contain any new criteria or impose any new legal
requirements or have any legal effect other than to satisfy the mandate
from Congress to issue this notice. Determinations are made based on
the following criteria and standards, as more fully set forth in the
statute or the regulations, evaluated individually and considered
collectively.
The statutory eligibility of the applicant and the project
( 49 CFR 260.3, definition of applicant and 49 CFR 260.5, eligible
purposes);
The creditworthiness of the project, including the present
and probable demand for rail services and a reasonable likelihood that
the loan will be repaid on a timely basis. (49 CFR part 260, Subpart B-
FRA policies and procedures for Evaluating Applications for Financial
Assistance)
The extent to which the project will enhance safety. (49
CFR 260.7(a))
The significance of the project on a local, regional, or
national level in terms of generating economic benefits and improving
the railroad transportation system. (49 CFR 260.7(c))
The improvement to the environment that is expected to
result directly or indirectly by the implementation of the project. (49
CFR 260.7(b)) and
The improvement in service or capacity in the railroad
transportation system or the reduction in service-or capacity-related
problems that is expected to result directly or indirectly from the
implementation of the project (45 U.S.C. 822(c))
Issued in Washington, DC on September 19, 2005.
Joseph H. Boardman,
Federal Railroad Administrator.
[FR Doc. 05-19094 Filed 9-23-05; 8:45 am]
BILLING CODE 4910-06-P
