Notice of Information Collection, 13588-13589 [E8-4991]
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13588
Federal Register / Vol. 73, No. 50 / Thursday, March 13, 2008 / Notices
in Dallas (the Flora Street Property),
Texas to Savoy Properties Co. (Savoy),
an unrelated third party, in exchange for
(i) a 5,400 sq. ft. tract of unimproved
land in Dallas, Texas, and (ii) the Note,
secured by the Deed of Trust for the sold
property.1 The Note bears no interest
and is due and payable upon the earlier
of (a) the commencement of the
development of the Flora Street
Property, or (b) the sale of the Flora
Street Property by Savoy. The full face
amount of the Note remains outstanding
and represents approximately 11
percent of the Plan’s assets. The trustee
of the Plan, John N. Leedom, proposes
the sale of the Note to Levco
Enterprises, Inc. (Levco); the Plan
sponsor owns 86% of the total value of
shares of all classes of stock of Levco,
and both are located in Dallas, Texas.
Mr. Leedom is also the CEO of both the
Plan sponsor and of Levco.
The applicant represents that, prior to
the 1987 exchange, the Savoy 5,400 sq.
ft. tract was between two other tracts
already owned by the Plan, and the Plan
owned a third separate 6,315 sq. ft. tract
in the vicinity. In order to enhance the
value of the first two tracts by joining
them together as one contiguous
property, the Plan trustee approached
Savoy about acquiring its 5,400 sq. ft.
tract. Because the transaction was
sought by the Plan and because the
Savoy tract had special value to the
Plan, Savoy was not a motivated seller
and was reluctant to pay an additional
amount of cash in the exchange of its
property for the larger tract owned by
the Plan. The Plan trustee, however,
determined that it was in the best
interests of the Plan to acquire the
Savoy tract and agreed to the exchange,
plus the receipt of additional
consideration in the form of the Note.
According to the applicant, the
adjacency premium commanded by the
Savoy tract was due to the Plan’s
subsequent assemblage of a larger,
contiguous piece of property whose
increase in value exceeded any risk
associated with holding the noninterest-bearing Note. According to the
applicant, this consolidated property
was the sole real estate asset held by the
Plan and was sold in 2005 to an
unrelated third party.
3. The Note was appraised by a
qualified, independent appraiser
Stephen M. LaGrasta, MAI, with YatesLaGrasta, Inc., located in Houston,
Texas. It is represented that YatesLaGrasta, Inc. regularly performs
1 The Department expresses no opinion herein as
to whether the acquisition and holding of the Note
by the Plan as part of the consideration in the 1987
exchange violated any of the provisions of Part 4
of Title I in the Act.
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16:19 Mar 12, 2008
Jkt 214001
appraisals for institutional clients,
including banks, regulatory agencies,
insurance companies, trusts, and state
and federal courts. Using a discounting
process, Mr. LaGrasta opined that the
fair market value for the real estate lien
Note was $5,623, as of February 20,
2007. The principal balance outstanding
under the Note is $45,750.00.
4. Levco will pay a purchase price of
$45,750.00 for the Note. The sale of the
Note to Levco will be a one-time
transaction for cash and will provide the
liquidity necessary to make final
distributions to the Plan’s participants
and beneficiaries. Levco is bearing the
costs of the exemption application and
of notifying interested persons.
5. In summary, the applicant
represents that the proposed transaction
satisfies the statutory criteria for an
exemption under section 408(a) of the
Act for the following reasons:
(a) The terms and conditions of the
sale will be at least as favorable to the
Plan as those that the Plan could obtain
in an arm’s length transaction with an
unrelated party;
(b) The Plan will receive $45,750.00,
the outstanding principal balance of the
Note;
(c) The sale will be a one-time
transaction for cash; and
(d) The Plan will pay no
commissions, costs, nor other expenses
in connection with the sale.
Notice to Interested Persons: Notice of
the proposed exemption shall be given
to all interested persons by first-class
mail within 10 days of the publication
of this notice in the Federal Register.
Notice to interested persons shall
include a copy of this published Federal
Register notice and inform them of their
right to comment. Comments with
respect to the proposed exemption are
due within 40 days of the publication of
this notice in the Federal Register.
FOR FURTHER INFORMATION CONTACT: Ms.
Karin Weng of the Department,
telephone (202) 693–8557. (This is not
a toll-free number.)
General Information
The attention of interested persons is
directed to the following:
(1) The fact that a transaction is the
subject of an exemption under section
408(a) of the Act and/or section
4975(c)(2) of the Code does not relieve
a fiduciary or other party in interest or
disqualified person from certain other
provisions of the Act and/or the Code,
including any prohibited transaction
provisions to which the exemption does
not apply and the general fiduciary
responsibility provisions of section 404
of the Act, which, among other things,
require a fiduciary to discharge his
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duties respecting the plan solely in the
interest of the participants and
beneficiaries of the plan and in a
prudent fashion in accordance with
section 404(a)(1)(b) of the Act; nor does
it affect the requirement of section
401(a) of the Code that the plan must
operate for the exclusive benefit of the
employees of the employer maintaining
the plan and their beneficiaries;
(2) Before an exemption may be
granted under section 408(a) of the Act
and/or section 4975(c)(2) of the Code,
the Department must find that the
exemption is administratively feasible,
in the interests of the plan and of its
participants and beneficiaries, and
protective of the rights of participants
and beneficiaries of the plan;
(3) The proposed exemption, if
granted, will be supplemental to, and
not in derogation of, any other
provisions of the Act and/or the Code,
including statutory or administrative
exemptions and transitional rules.
Furthermore, the fact that a transaction
is subject to an administrative or
statutory exemption is not dispositive of
whether the transaction is in fact a
prohibited transaction; and
(4) The proposed exemption, if
granted, will be subject to the express
condition that the material facts and
representations contained in each
application are true and complete, and
that each application accurately
describes all material terms of the
transaction which is the subject of the
exemption.
Signed at Washington, DC, this 7th day of
March, 2008.
Ivan Strasfeld,
Director of Exemption Determinations,
Employee Benefits Security Administration,
U.S. Department of Labor.
[FR Doc. E8–4981 Filed 3–12–08; 8:45 am]
BILLING CODE 4510–29–P
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[NOTICE: (08–021)]
Notice of Information Collection
National Aeronautics and
Space Administration (NASA).
ACTION: Notice of information collection.
AGENCY:
SUMMARY: The National Aeronautics and
Space Administration, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on proposed and/or
continuing information collections, as
required by the Paperwork Reduction
E:\FR\FM\13MRN1.SGM
13MRN1
Federal Register / Vol. 73, No. 50 / Thursday, March 13, 2008 / Notices
Act of 1995 (Pub. L. 104–13, 44 U.S.C.
3506(c)(2)(A)).
DATES: All comments should be
submitted within 60 calendar days from
the date of this publication.
ADDRESSES: All comments should be
addressed to Dr. Walter Kit, National
Aeronautics and Space Administration,
Washington, DC 20546–0001.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the information collection
instrument(s) and instructions should
be directed to Dr. Walter Kit, NASA
PRA Clearance Officer, NASA
Headquarters, 300 E Street, SW., JE000,
Washington, DC 20546, (202) 358–1350,
Walter.Kit-1@nasa.gov.
SUPPLEMENTARY INFORMATION:
I. Abstract
The LIST System form is used
primarily to support services at GSFC
dependent upon accurate locator type
information. The Personal Identifiable
Information (PII) is maintained,
protected, and used for mandatory
security functions. The system also
serves as a tool for performing short and
long-term institutional planning.
II. Method of Collection
Approximately 46% of the data is
collected electronically by means of the
data entry screen that duplicates the
Goddard Space Flight Center form GSFC
24–27 in the LISTS system. The
remaining data is keyed into the system
from hardcopy version of form GSFC
24–27.
III. Data
Title: Locator and Information
Services Tracking System (LISTS) Form.
OMB Number: 2700–0064.
Type of review: Extension of currently
approved collection.
Affected Public: Federal government,
individuals or households, and business
or other for-profit.
Responses Per Respondent: 1.
Annual Responses: 8,455.
Hours Per Request: 0.08 hours/5
minutes.
Annual Burden Hours: 702.
mstockstill on PROD1PC66 with NOTICES
IV. Request for Comments
Comments are invited on: (1) Whether
the proposed collection of information
is necessary for the proper performance
of the functions of NASA, including
whether the information collected has
practical utility; (2) the accuracy of
NASA’s estimate of the burden
(including hours and cost) of the
proposed collection of information; (3)
ways to enhance the quality, utility, and
clarity of the information to be
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Jkt 214001
collected; and (4) ways to minimize the
burden of the collection of information
on respondents, including automated
collection techniques or the use of other
forms of information technology.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval of this information collection.
They will also become a matter of
public record.
Gary Cox,
Associate CIO for Policy and Investments
(Acting), Office of the CIO.
[FR Doc. E8–4991 Filed 3–12–08; 8:45 am]
BILLING CODE 7510–13–P
NUCLEAR REGULATORY
COMMISSION
[Docket No. 52–017]
Dominion Nuclear Power, LLC; North
Anna Power Station Combined License
Application; Notice of Intent To
Prepare an Environmental; Impact
Statement and Conduct Scoping
Process
Dominion Nuclear Power, LLC
(Dominion), has submitted an
application for a combined license
(COL) for its North Anna Power Station
(NAPS or North Anna) site to build Unit
3, located in Louisa County, Virginia,
approximately 40 miles north northwest
of Richmond. The application for the
COL was submitted by letter dated
November 26, 2007, pursuant to the
requirements of Title 10, Part 52. A
notice of receipt and availability of the
application, which included the
environmental report (ER), was
published in the Federal Register on
December 12, 2007 (72 FR 70616). A
notice of acceptance for docketing of the
application for the COL was published
in the Federal Register on February 4,
2008 (73 FR 6528). The purpose of this
notice is to inform the public that the
U.S. Nuclear Regulatory Commission
(NRC) will be preparing an
environmental impact statement (EIS) in
support of the review of the COL
application and to provide the public an
opportunity to participate in the
environmental scoping process, as
described in 10 CFR 51.29.
In addition, as outlined in 36 CFR
800.8(c), ‘‘Coordination with The
National Environmental Policy Act’’ the
NRC staff intends to use the process and
documentation required for the
preparation of an EIS to the comply
with section 106 of the National Historic
Preservation Act, in lieu of the
procedures set forth in 36 CFR 800.3
through 800.6.
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13589
In accordance with 10 CFR 51.45 and
10 CFR 51.50, Dominion submitted the
ER as part of the application. The ER
was prepared pursuant to 10 CFR Parts
51 and 52 and is available for public
inspection at the NRC Public Document
Room (PDR), located at One White Flint
North, 11555 Rockville Pike (first floor),
Rockville, Maryland, or from the
Publicly Available Records component
of the NRC’s Agencywide Documents
Access and Management System
(ADAMS). ADAMS is accessible at:
https://www.nrc.gov/reading-rm/
adams.html, which provides access
through the NRC’s Electronic Reading
Room (ERR) link. The accession number
in ADAMS for the ER is ML073321238.
Persons who do not have access to
ADAMS or who encounter problems in
accessing the documents located in
ADAMS should contact the NRC’s PDR
Reference staff at 1–800–397–4209 or
301–415–4737, or by sending an e-mail
to pdr@nrc.gov. The application may
also be viewed on the Internet at: https://
www.nrc.gov/reactors/new-licensing/
col/north-anna.html. In addition, the
Jefferson-Madison Regional Library in
Mineral, Virginia; Hanover Branch
Library in Hanover, Virginia; Orange
County Library in Orange, Virginia;
Salem Church Library in
Fredericksburg, Virginia; and C. Melvin
Snow Memorial Branch Library in
Spotsylvania, Virginia have agreed to
make the ER available for public
inspection.
The following key reference
documents related to the COL
application and the NRC staff’s review
process are available through the NRC’s
Web site at: https://www.nrc.gov:
a. 10 CFR Part 51, Environmental
Protection Regulations for Domestic
Licensing and Related Regulatory
Functions,
b. 10 CFR Part 52, Licenses,
Certifications, and Approvals for
Nuclear Power Plants,
c. 10 CFR Part 100, Reactor Site
Criteria,
d. NUREG–1555, Standard Review
Plans for Environmental Reviews for
Nuclear Power Plants,
e. NUREG/BR–0298, Brochure on
Nuclear Power Plant Licensing Process,
f. Fact Sheet on Nuclear Power Plant
Licensing Process,
g. Regulatory Guide 4.2, Preparation
of Environmental Reports for Nuclear
Power Stations,
h. Regulatory Guide 1.206, Combined
License Applications for Nuclear Power
Plants, and
i. NRR Office Instruction LIC–203,
Procedural Guidance for Preparing
Environmental Assessments and
Considering Environmental Issues.
E:\FR\FM\13MRN1.SGM
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Agencies
[Federal Register Volume 73, Number 50 (Thursday, March 13, 2008)]
[Notices]
[Pages 13588-13589]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-4991]
=======================================================================
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NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
[NOTICE: (08-021)]
Notice of Information Collection
AGENCY: National Aeronautics and Space Administration (NASA).
ACTION: Notice of information collection.
-----------------------------------------------------------------------
SUMMARY: The National Aeronautics and Space Administration, as part of
its continuing effort to reduce paperwork and respondent burden,
invites the general public and other Federal agencies to take this
opportunity to comment on proposed and/or continuing information
collections, as required by the Paperwork Reduction
[[Page 13589]]
Act of 1995 (Pub. L. 104-13, 44 U.S.C. 3506(c)(2)(A)).
DATES: All comments should be submitted within 60 calendar days from
the date of this publication.
ADDRESSES: All comments should be addressed to Dr. Walter Kit, National
Aeronautics and Space Administration, Washington, DC 20546-0001.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection instrument(s) and instructions
should be directed to Dr. Walter Kit, NASA PRA Clearance Officer, NASA
Headquarters, 300 E Street, SW., JE000, Washington, DC 20546, (202)
358-1350, Walter.Kit-1@nasa.gov.
SUPPLEMENTARY INFORMATION:
I. Abstract
The LIST System form is used primarily to support services at GSFC
dependent upon accurate locator type information. The Personal
Identifiable Information (PII) is maintained, protected, and used for
mandatory security functions. The system also serves as a tool for
performing short and long-term institutional planning.
II. Method of Collection
Approximately 46% of the data is collected electronically by means
of the data entry screen that duplicates the Goddard Space Flight
Center form GSFC 24-27 in the LISTS system. The remaining data is keyed
into the system from hardcopy version of form GSFC 24-27.
III. Data
Title: Locator and Information Services Tracking System (LISTS)
Form.
OMB Number: 2700-0064.
Type of review: Extension of currently approved collection.
Affected Public: Federal government, individuals or households, and
business or other for-profit.
Responses Per Respondent: 1.
Annual Responses: 8,455.
Hours Per Request: 0.08 hours/5 minutes.
Annual Burden Hours: 702.
IV. Request for Comments
Comments are invited on: (1) Whether the proposed collection of
information is necessary for the proper performance of the functions of
NASA, including whether the information collected has practical
utility; (2) the accuracy of NASA's estimate of the burden (including
hours and cost) of the proposed collection of information; (3) ways to
enhance the quality, utility, and clarity of the information to be
collected; and (4) ways to minimize the burden of the collection of
information on respondents, including automated collection techniques
or the use of other forms of information technology.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval of this information
collection. They will also become a matter of public record.
Gary Cox,
Associate CIO for Policy and Investments (Acting), Office of the CIO.
[FR Doc. E8-4991 Filed 3-12-08; 8:45 am]
BILLING CODE 7510-13-P