Fenway Partners Capital Fund III, L.P., and Coach America Holdings, Inc.-Control-Lakefront Lines, Inc., and Hopkins Airport Limousine Service, Inc., 10332-10333 [E8-3580]

Download as PDF 10332 Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices mstockstill on PROD1PC66 with NOTICES strategies, and other, identified tasks. (15%). 3. Understanding and reasonability of proposed goals, objectives, methodologies, activities, timelines, deliverables, and budget. (40%). 4. Plan to collaborate with stakeholders and establish effective partnerships to implement tasks. (20%). 5. Plan for evaluation and data collection. (10%). 6. FTA may elect to meet in person two or three of the most qualified applicants. This meeting will be held at the Department of Transportation, in Washington, DC. The applicants will be notified of a date and time during which they will be asked to present their proposal to the FTA review panel. If an entity proposes to perform an individual task or tasks less than the full project, the proposal will be evaluated accordingly on its merits. If selected, the proposer may be asked to form a consortium with the applicant chosen to manage the larger project VI. Proposal Content Proposals shall be submitted in double-spaced format using Times New Roman 12 point font. The application must contain the following components: 1. Cover sheet (1 page): Includes entity submitting proposal, principal investigator, title, and contact information (e.g., address, phone, fax, and E-mail). Name and contact information for the entity, key point of contact for all cooperative activities (if different from principle investigators). 2. Abstract (2 pages): Abstract shall include background, purpose, methodology, intended outcomes, and plan for evaluation. 3. Detailed budget proposal and budget narrative. 4. Project narrative (not to exceed 75 pages): Project narrative shall include the following information: a. Staff qualifications, include experience in providing technical assistance and implementing the other tasks outlined in the solicitation. The proposal shall also include the proposed staff members’ knowledge of issues related to human service transportation. One page biographical sketches for staff members shall be included in the appendices section of the proposal; b. Existing and future capacity of organization to address the issues outlined in the proposal and ability to implement tasks I–X outlined under Section IV. (Scope of Work) in this solicitation; c. Methodology for addressing tasks I– X outlined under Section IV. in this solicitation. The proposal shall also VerDate Aug<31>2005 19:29 Feb 25, 2008 Jkt 214001 include objectives, activities, deliverables, milestones, timeline and intended outcomes for achieving the goals outlined in the scope for the first year; d. Plan to work with stakeholders and build partnerships at the national, State, and local levels; 5. Project Management Plan that includes well defined objectives, tasks, activities, timelines, deliverables, indicators, and outcomes. 6. Plan for evaluation of RTAP activities and data collection. 7. Supplemental materials and letters of support can be included in an appendices section that is beyond the 75 page limit. In addition to the full proposal, entities have the option to submit supplemental material such as: Brochures, publications, products, etc. These materials shall be delivered to Pamela Brown, Federal Transit Administration, 1200 New Jersey Avenue, SE., 4th Floor—East Building, Room E43–465, Washington, DC 20590. VII. Instructions 1. Submit five copies of proposal to the following address: Federal Transit Administration, TPM–5, Office of Program Management, United We Ride Office, 1200 New Jersey Avenue, SE., 4th Floor—East Building, Room E43– 465, Washington, DC 20590, Attn: Pamela Brown; or apply through Grants.Gov. 2. Proposals must be received no later than 5:30 p.m., EDT, April 28, 2008 3. Technical questions and requests for clarifications may be addressed to Lorna R. Wilson at 202–366–2053. 4. The recipient will be selected and the candidates notified approximately two months after the application deadline. 5. The recipient selected will be asked to submit an application for a cooperative agreement by July 1, 2008, with funding of $1,212,000 for the first year anticipated to be awarded before October 30, 2008. VIII. Award Information FTA reserves the right to fund one or more cooperative agreements for a five year award. Year one of the cooperative agreement is for $1.212 million. The anticipated notification date is the Spring of 2008, with an anticipated starting date for the successful applicant of July, 2008. Subsequent annual funding will be based on annual appropriations. FTA recipients with existing FTA projects are eligible to complete for this cooperative agreement. The FTA will participate in activities by attending review meetings, commenting on technical reports, PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 maintaining frequent contact with the project manager, approving key decisions/activities and negotiating any redirecting activities if needed. IX. Award Administration Information The anticipated notification date for the award of this cooperative agreement is Spring of 2008, with an anticipated start date for the successful applicant by late Spring. FTA will notify the successful entity. Following receipt of the FTA Administrator’s notification letter, the successful entity will be required to submit its proposal through the FTA Transportation Electronic Award Management (TEAM) system Web site. FTA will manage the cooperative agreement through the TEAM system Web site. Before FTA may award Federal financial assistance through a Federal cooperative agreement, the entity must submit all certifications and assurances pertaining to itself and its project as required by Federal laws and regulations. Since Federal FY 1995, FTA has been consolidating the various certifications and assurances that may be required of its awardees and the projects into a single document published in the Federal Register. The FY 2008 Annual List of Certifications and Assurances for FTA Cooperative Agreements and Cooperative Agreements and Guidelines will be published in the Federal Register and posted on the FTA Web site at https://www.fta.dot.gov. Issued in Washington, DC, this 21st day of February, 2008. James S. Simpson, Administrator. [FR Doc. E8–3604 Filed 2–25–08; 8:45 am] BILLING CODE 4910–57–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Docket No. MC–F–21025] Fenway Partners Capital Fund III, L.P., and Coach America Holdings, Inc.— Control—Lakefront Lines, Inc., and Hopkins Airport Limousine Service, Inc. AGENCY: Surface Transportation Board, DOT. Notice Tentatively Approving Finance Transaction. ACTION: SUMMARY: On February 1, 2008, Fenway Partners Capital Fund III, L.P. (Fenway), a noncarrier, and Coach America Holdings, Inc. (Coach America) (collectively, applicants), a noncarrier, have filed an application under 49 U.S.C. 14303 to acquire control of E:\FR\FM\26FEN1.SGM 26FEN1 Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices Lakefront Lines, Inc. (Lakefront), and Hopkins Airport Limousine Service, Inc. (Hopkins), both of which are federally regulated motor carriers of passengers. Persons wishing to oppose this application must follow the rules at 49 CFR 1182.5 and 1182.8. The Board has tentatively approved the transaction, and, if no opposing comments are timely filed, this notice will be the final Board action. DATES: Comments must be filed by April 11, 2008. Applicants may file a reply by April 28, 2008. If no comments are filed by April 11, 2008, this notice is effective on that date.1 ADDRESSES: Send an original and 10 copies of any comments referring to STB Docket No. MC–F–21025 to: Surface Transportation Board, 395 E Street, SW., Washington, DC 20423–0001. In addition, send one copy of comments to the applicants’ representatives: Charles A. Spitulnik and Allison I. Fultz, KAPLAN KIRSCH & ROCKWELL LLP, 1001 Connecticut Avenue, NW., Suite 905, Washington, DC 20036. FOR FURTHER INFORMATION CONTACT: Julia M. Farr, (202) 245–0359 [Federal Information Relay Service (FIRS) for the hearing impaired: 1–800–877–8339]. SUPPLEMENTARY INFORMATION: Fenway is a Delaware limited partnership associated with Fenway Partners, Inc. (Fenway Partners), a private equity firm that invests in numerous different businesses, including other transportation-related entities, through various limited partnerships and other investment entities. Fenway Partners has $2.1 billion under management. Fenway owns over 70% of the stock of Coach America. Coach America, a noncarrier Delaware corporation, controls 29 motor carriers of passengers through its subsidiaries, Coach America Group, Inc., and KBUS Holdings, LLC.2 Lakefront, an Ohio corporation, is a federally regulated motor carrier (USDOT Number 120685 and ICC MC/ MX 121599) that provides interstate and intrastate passenger transportation service. All of the issued and outstanding stock of Lakefront is owned mstockstill on PROD1PC66 with NOTICES 1 In their application, Applicants request expedited handling of the application, and request that the Board publish the notice within 25 days to enable the parties to minimize the risk of further credit market disruption, reduce uncertainty felt by workers, and to ensure the benefits of the transaction, including enhanced customer service levels. 2 Fenway and Coach America have also filed an application under 49 U.S.C. 14303 to acquire control of Renzenberger, Inc., a Kansas corporation and a federally regulated motor carrier of passengers, in Fenway Partners Capital Fund III, L.P., and Coach America Holdings, Inc.—Control— Renzenberger, Inc., STB Docket No. MC–F–21024. VerDate Aug<31>2005 19:29 Feb 25, 2008 Jkt 214001 by Jack Goebel, Mike Goebel, and Thomas Goebel, with a small number of preferred non-voting shares owned by other Goebel family members. Hopkins, an Ohio corporation, is also a federally regulated motor carrier (USDOT Number 1213222) that provides interstate and intrastate passenger transportation service. Hopkins is a sister company of Lakefront and is also owned by the Goebel family Coach America will establish Lfrnt Acq Corp. (Lfrnt), a Delaware corporation and wholly owned subsidiary of Coach America. Lfrnt will purchase 100% of the issued and outstanding capital stock of Lakefront and Hopkins. Lfrnt will manage the newly acquired companies. No operating authorities will be transferred as a result of the transaction. Lakefront and Hopkins had gross operating revenues for the 12-month period ending December 31, 2007, greater than the $2 million threshold required for Board jurisdiction (combined gross revenues of approximately $34 million in 2007). Under 49 U.S.C. 14303(b), the Board must approve and authorize a transaction found to be consistent with the public interest, taking into consideration at least: (1) The effect of the transaction on the adequacy of transportation to the public; (2) the total fixed charges that result; and (3) the interest of affected carrier employees. Applicants have submitted information, as required by 49 CFR 1182.2, including the information to demonstrate that the proposed transaction is consistent with the public interest under 49 U.S.C. 14303(b). They state that the proposed transaction will have no impact on the adequacy of transportation services available to the public, that the proposed transaction will not have an adverse effect on total fixed charges, and that there will be no material adverse impact on the employees of the Coach Americacontrolled carriers. Additional information, including a copy of the application, may be obtained from the applicants’ representative. On the basis of the application, we find that the proposed acquisition of control is consistent with the public interest and should be authorized. If any opposing comments are timely filed, this finding will be deemed vacated, and unless a final decision can be made on the record as developed, a procedural schedule will be adopted to reconsider the application. See 49 CFR 1182.6(c). If no opposing comments are filed by the expiration of the comment period, this notice will take effect PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 10333 automatically and will be the final Board action. Board decisions and notices are available on our Web site at: https:// www.stb.dot.gov. This decision will not significantly affect either the quality of the human environment or the conservation of energy resources. It is ordered: 1. The proposed finance transaction is approved and authorized, subject to the filing of opposing comments. 2. If timely opposing comments are filed, the findings made in this notice will be deemed as having been vacated. 3. This notice will be effective April 11, 2008, unless timely opposing comments are filed. 4. A copy of this notice will be served on: (1) The U.S. Department of Transportation, Federal Motor Carrier Safety Administration, 1200 New Jersey Avenue, SE., Room 8214, Washington, DC 20590; (2) the U.S. Department of Justice, Antitrust Division, 10th Street & Pennsylvania Avenue, NW., Washington, DC 20530; and (3) the U.S. Department of Transportation, Office of the General Counsel, 1200 New Jersey Avenue, SE., Washington, DC 20590. Decided: February 20, 2008. By the Board, Chairman Nottingham, Vice Chairman Mulvey, and Commissioner Buttrey. Anne K. Quinlan, Acting Secretary. [FR Doc. E8–3580 Filed 2–25–08; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Docket No. MC–F–21024] Fenway Partners Capital Fund III, L.P. and Coach America Holdings, Inc.– Control–Renzenberger, Inc. AGENCY: Surface Transportation Board, DOT. Notice Tentatively Approving Finance Transaction. ACTION: SUMMARY: On February 1, 2008, Fenway Partners Capital Fund III, L.P. (Fenway), and its subsidiary, Coach America Holdings, Inc. (Coach America)1 1 Fenway owns 70% of the stock of Coach America. Coach America currently controls through intermediate subsidiaries the following federally regulated motor carriers of passengers: America Charters Ltd.; American Coach Lines of Atlanta, Inc.; American Coach Lines of Jacksonville, Inc.; American Coach Lines of Miami, Inc.; American Coach Lines of Orlando, Inc.; CUSA, LLC; CUSA ASL, LLC d/b/a Arrow Stage Lines; CUSA AT, LLC E:\FR\FM\26FEN1.SGM Continued 26FEN1

Agencies

[Federal Register Volume 73, Number 38 (Tuesday, February 26, 2008)]
[Notices]
[Pages 10332-10333]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-3580]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Docket No. MC-F-21025]


Fenway Partners Capital Fund III, L.P., and Coach America 
Holdings, Inc.--Control--Lakefront Lines, Inc., and Hopkins Airport 
Limousine Service, Inc.

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice Tentatively Approving Finance Transaction.

-----------------------------------------------------------------------

SUMMARY: On February 1, 2008, Fenway Partners Capital Fund III, L.P. 
(Fenway), a noncarrier, and Coach America Holdings, Inc. (Coach 
America) (collectively, applicants), a noncarrier, have filed an 
application under 49 U.S.C. 14303 to acquire control of

[[Page 10333]]

Lakefront Lines, Inc. (Lakefront), and Hopkins Airport Limousine 
Service, Inc. (Hopkins), both of which are federally regulated motor 
carriers of passengers. Persons wishing to oppose this application must 
follow the rules at 49 CFR 1182.5 and 1182.8. The Board has tentatively 
approved the transaction, and, if no opposing comments are timely 
filed, this notice will be the final Board action.

DATES: Comments must be filed by April 11, 2008. Applicants may file a 
reply by April 28, 2008. If no comments are filed by April 11, 2008, 
this notice is effective on that date.\1\
---------------------------------------------------------------------------

    \1\ In their application, Applicants request expedited handling 
of the application, and request that the Board publish the notice 
within 25 days to enable the parties to minimize the risk of further 
credit market disruption, reduce uncertainty felt by workers, and to 
ensure the benefits of the transaction, including enhanced customer 
service levels.

ADDRESSES: Send an original and 10 copies of any comments referring to 
STB Docket No. MC-F-21025 to: Surface Transportation Board, 395 E 
Street, SW., Washington, DC 20423-0001. In addition, send one copy of 
comments to the applicants' representatives: Charles A. Spitulnik and 
Allison I. Fultz, KAPLAN KIRSCH & ROCKWELL LLP, 1001 Connecticut 
---------------------------------------------------------------------------
Avenue, NW., Suite 905, Washington, DC 20036.

FOR FURTHER INFORMATION CONTACT: Julia M. Farr, (202) 245-0359 [Federal 
Information Relay Service (FIRS) for the hearing impaired: 1-800-877-
8339].

SUPPLEMENTARY INFORMATION: Fenway is a Delaware limited partnership 
associated with Fenway Partners, Inc. (Fenway Partners), a private 
equity firm that invests in numerous different businesses, including 
other transportation-related entities, through various limited 
partnerships and other investment entities. Fenway Partners has $2.1 
billion under management. Fenway owns over 70% of the stock of Coach 
America.
    Coach America, a noncarrier Delaware corporation, controls 29 motor 
carriers of passengers through its subsidiaries, Coach America Group, 
Inc., and KBUS Holdings, LLC.\2\
---------------------------------------------------------------------------

    \2\ Fenway and Coach America have also filed an application 
under 49 U.S.C. 14303 to acquire control of Renzenberger, Inc., a 
Kansas corporation and a federally regulated motor carrier of 
passengers, in Fenway Partners Capital Fund III, L.P., and Coach 
America Holdings, Inc.--Control--Renzenberger, Inc., STB Docket No. 
MC-F-21024.
---------------------------------------------------------------------------

    Lakefront, an Ohio corporation, is a federally regulated motor 
carrier (USDOT Number 120685 and ICC MC/MX 121599) that provides 
interstate and intrastate passenger transportation service. All of the 
issued and outstanding stock of Lakefront is owned by Jack Goebel, Mike 
Goebel, and Thomas Goebel, with a small number of preferred non-voting 
shares owned by other Goebel family members. Hopkins, an Ohio 
corporation, is also a federally regulated motor carrier (USDOT Number 
1213222) that provides interstate and intrastate passenger 
transportation service. Hopkins is a sister company of Lakefront and is 
also owned by the Goebel family
    Coach America will establish Lfrnt Acq Corp. (Lfrnt), a Delaware 
corporation and wholly owned subsidiary of Coach America. Lfrnt will 
purchase 100% of the issued and outstanding capital stock of Lakefront 
and Hopkins. Lfrnt will manage the newly acquired companies. No 
operating authorities will be transferred as a result of the 
transaction. Lakefront and Hopkins had gross operating revenues for the 
12-month period ending December 31, 2007, greater than the $2 million 
threshold required for Board jurisdiction (combined gross revenues of 
approximately $34 million in 2007).
    Under 49 U.S.C. 14303(b), the Board must approve and authorize a 
transaction found to be consistent with the public interest, taking 
into consideration at least: (1) The effect of the transaction on the 
adequacy of transportation to the public; (2) the total fixed charges 
that result; and (3) the interest of affected carrier employees.
    Applicants have submitted information, as required by 49 CFR 
1182.2, including the information to demonstrate that the proposed 
transaction is consistent with the public interest under 49 U.S.C. 
14303(b). They state that the proposed transaction will have no impact 
on the adequacy of transportation services available to the public, 
that the proposed transaction will not have an adverse effect on total 
fixed charges, and that there will be no material adverse impact on the 
employees of the Coach America-controlled carriers. Additional 
information, including a copy of the application, may be obtained from 
the applicants' representative.
    On the basis of the application, we find that the proposed 
acquisition of control is consistent with the public interest and 
should be authorized. If any opposing comments are timely filed, this 
finding will be deemed vacated, and unless a final decision can be made 
on the record as developed, a procedural schedule will be adopted to 
reconsider the application. See 49 CFR 1182.6(c). If no opposing 
comments are filed by the expiration of the comment period, this notice 
will take effect automatically and will be the final Board action.
    Board decisions and notices are available on our Web site at: 
https://www.stb.dot.gov.
    This decision will not significantly affect either the quality of 
the human environment or the conservation of energy resources.
    It is ordered:
    1. The proposed finance transaction is approved and authorized, 
subject to the filing of opposing comments.
    2. If timely opposing comments are filed, the findings made in this 
notice will be deemed as having been vacated.
    3. This notice will be effective April 11, 2008, unless timely 
opposing comments are filed.
    4. A copy of this notice will be served on: (1) The U.S. Department 
of Transportation, Federal Motor Carrier Safety Administration, 1200 
New Jersey Avenue, SE., Room 8214, Washington, DC 20590; (2) the U.S. 
Department of Justice, Antitrust Division, 10th Street & Pennsylvania 
Avenue, NW., Washington, DC 20530; and (3) the U.S. Department of 
Transportation, Office of the General Counsel, 1200 New Jersey Avenue, 
SE., Washington, DC 20590.

    Decided: February 20, 2008.

    By the Board, Chairman Nottingham, Vice Chairman Mulvey, and 
Commissioner Buttrey.
Anne K. Quinlan,
Acting Secretary.
 [FR Doc. E8-3580 Filed 2-25-08; 8:45 am]
BILLING CODE 4915-01-P
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