Drawbridge Operation Regulations; Shrewsbury River, Route 36 Bridge, Highlands, NJ, Schedule Change, 46191-46192 [E8-18312]
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Federal Register / Vol. 73, No. 154 / Friday, August 8, 2008 / Rules and Regulations
1602(aa)(3) and 12 CFR 226.32(a)(1)(ii).
The Board adjusted the $400 amount to
$561 for the year 2008.
The Bureau of Labor Statistics
publishes consumer-based indices
monthly, but does not report a CPI
change on June 1; adjustments are
reported in the middle of each month.
The Board uses the CPI–U index, which
is based on all urban consumers and
represents approximately 87 percent of
the U.S. population, as the index for
adjusting the $400 dollar figure. The
adjustment to the CPI–U index reported
by the Bureau of Labor Statistics on May
14, 2008, was the CPI–U index in effect
on June 1, and reflects the percentage
increase from April 2007 to April 2008.
The adjustment to the $400 figure below
reflects a 3.94 percent increase in the
CPI–U index for this period and is
rounded to whole dollars for ease of
compliance.
II. Adjustment and Commentary
Revision
List of Subjects in 12 CFR Part 226
Advertising, Federal Reserve System,
Mortgages, Reporting and recordkeeping
requirements, Truth in lending.
PART 226—TRUTH IN LENDING
(REGULATION Z)
Drawbridge Operation Regulations;
Shrewsbury River, Route 36 Bridge,
Highlands, NJ, Schedule Change
1. The authority citation for part 226
continues to read as follows:
AGENCY:
I
Authority: 12 U.S.C. 3806; 15 U.S.C. 1604
and 1637(c)(5).
2. In Supplement I to part 226, under
Section 226.32—Requirements for
Certain Closed-End Home Mortgages,
under Paragraph 32(a)(1)(ii), paragraph
2.xiv. is added to read as follows:
I
Supplement I to Part 226—Official Staff
Interpretations
*
*
*
*
Subpart E—Special Rules for Certain
Home Mortgage Transactions
*
*
*
*
*
Section 226.32—Requirements for
Certain Closed-End Home Mortgages
32(a) Coverage
*
*
*
*
Paragraph 32(a)(1)(ii)
*
*
*
*
*
2. Annual adjustment of $400
amount.
*
*
*
*
*
xiv. For 2009, $583, reflecting a 3.94
percent increase in the CPI–U from June
2007 to June 2008, rounded to the
nearest whole dollar.
*
*
*
*
*
*
By order of the Board of Governors of the
Federal Reserve System, acting through the
Director of the Division of Consumer and
Community Affairs under delegated
authority.
Dated: August 5, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8–18275 Filed 8–7–08; 8:45 am]
BILLING CODE 6210–01–P
rfrederick on PRODPC74 with RULES
The Board certifies that this
amendment will not have a substantial
effect on regulated entities because the
only change is to raise the threshold for
transactions requiring HOEPA
disclosures.
15:19 Aug 07, 2008
Jkt 214001
Coast Guard
33 CFR Part 117
III. Regulatory Flexibility Analysis
VerDate Aug<31>2005
DEPARTMENT OF HOMELAND
SECURITY
For the reasons set forth in the
preamble, the Board amends Regulation
Z, 12 CFR part 226, as set forth below:
I
*
Effective January 1, 2009, for purposes
of determining whether a home
mortgage transaction is covered by 12
CFR 226.32 (based on the total points
and fees payable by the consumer at or
before loan consummation), a loan is
covered if the points and fees exceed the
greater of $583 or 8 percent of the total
loan amount. Comment 32(a)(1)(ii)–2,
which lists the adjustments for each
year, is amended to reflect the dollar
adjustment for 2009. Because the timing
and method of the adjustment is set by
statute, the Board finds that notice and
public comment on the change are
unnecessary.
This adjustment is being made
pursuant to TILA section 103(aa)(3). In
July 2008, the Board used its authority
in TILA section 129(l)(2) to amend
Regulation Z to prohibit certain acts and
practices in connection with ‘‘higherpriced mortgage loans.’’ These
additional protections and the
definition of ‘‘higher-priced mortgage
loans’’ are contained in section 226.35
of Regulation Z. The adjustment being
published today pursuant to section
103(aa) does not affect the new rules for
‘‘higher-priced mortgage loans’’ adopted
by the Board in section 226.35.
46191
PO 00000
[USCG–2008–0785]
Coast Guard, DHS.
Notice of temporary deviation
from regulations; request for comments.
ACTION:
SUMMARY: The Commander, First Coast
Guard District, has issued a temporary
deviation from the regulation governing
the operation of the Route 36 Bridge,
across the Shrewsbury River, mile 1.8,
at Highlands, New Jersey. This
deviation will test a change to the
drawbridge operation schedule to
determine whether a permanent change
to the schedule is needed. This
deviation will allow the bridge to open
on signal for all marine traffic once an
hour on the hour between 4 p.m. and 7
p.m. on weekends and holidays.
This deviation is effective from
4 p.m. on August 2, 2008, through 7
p.m. on September 1, 2008. Comments
must reach the Coast Guard on or before
November 1, 2008.
DATES:
You may submit comments
identified by Coast Guard docket
number USCG–2008–0785 to the Docket
Management Facility at the U.S.
Department of Transportation. To avoid
duplication, please use only one of the
following methods:
(1) Online: https://
www.regulations.gov.
(2) Mail: Docket Management Facility
(M–30), U.S. Department of
Transportation, West Building ground
floor, Room W12–140, 1200 New Jersey
Avenue, SE., Washington, DC 20590–
0001.
(3) Hand Delivery: Same as mail
address above, between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays. The telephone number
is (202) 366–9329.
(4) Fax: (202) 493–2251.
ADDRESSES:
Mr.
Gary Kassof, Project Officer, First Coast
Guard District, (212) 668–7165.
If you have questions on viewing or
submitting material to the docket, call
Renee V. Wright, Program Manager,
Docket Operations, telephone (202)
366–9826.
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
Frm 00023
Fmt 4700
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46192
Federal Register / Vol. 73, No. 154 / Friday, August 8, 2008 / Rules and Regulations
Public Participation and Request for
Comments
We encourage you to participate in
this rulemaking by submitting
comments and related material. All
comments received will be posted,
without change, to https://
www.regulations.gov and will include
any personal information you have
provided. We have an agreement with
the Department of Transportation to use
the Docket Management Facility.
rfrederick on PRODPC74 with RULES
Submitting Comments
If you submit a comment, please
include the docket number for this
rulemaking (USCG–2008–0785),
indicate the specific section of this
document to which each comment
applies, and give the reason for each
comment. We recommend that you
include your name and mailing address,
an e-mail address, or a phone number in
the body of your document so that we
can contact you if we have questions
regarding your submission. You may
submit your comments and materials by
electronic means, mail, fax, or delivery
to the Docket Management Facility at
the address under ADDRESSES; but
please submit your comments and
materials by only one means. If you
submit them by mail or delivery, submit
them in an unbound format, no larger
than 81⁄2 by 11 inches, suitable for
copying and electronic filing. If you
submit them by mail and would like to
know that they reached the Facility,
please enclose a stamped, self-addressed
postcard or envelope. We will consider
all comments and material received
during the comment period. We may
change this proposed rule in view of
them.
Viewing Comments and Documents
To view comments, as well as
documents mentioned in this preamble
as being available in the docket, go to
https://www.regulations.gov at any time.
Enter the docket number for this
rulemaking (USCG–2008–0785) in the
Search box, and click ‘‘Go>>.’’ You may
also visit either the Docket Management
Facility in Room W12–140, on the
ground floor of the Department of
Transportation West Building, 1200
New Jersey Avenue, SE., Washington,
DC 20590–0001, between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays; or First Coast Guard
District, Bridge Branch, One South
Street, New York, NY 10004, between 9
a.m. and 5 p.m., Monday through
Friday, except Federal holidays.
Privacy Act
Anyone can search the electronic
form of all comments received into any
VerDate Aug<31>2005
15:19 Aug 07, 2008
Jkt 214001
of our dockets by the 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 a Privacy
Act, system of records notice regarding
our public dockets in the January 17,
2008, issue of the Federal Register (73
FR 3316).
Public Meeting
We do not plan to hold a public
meeting. But you may submit a request
for one to the Docket Management
Facility at the address under ADDRESSES
explaining why one would be
beneficial. If we determine that one
would aid this rulemaking, we will hold
one at a time and place announced by
a later notice in the Federal Register.
Background and Purpose
The Route 36 Bridge has a vertical
clearance in the closed position of 35
feet at mean high water and 39 feet at
mean low water. The existing
drawbridge operation regulations are
listed at 33 CFR 117.755(a). The bridge
presently opens on the hour and half
hour between 7 a.m. and 8 p.m. from
May 15 through October 15, and on
signal from 8 p.m. to 11 p.m. From 11
p.m. to 7 a.m. the bridge opens on signal
after a four-hour advance notice is
given.
The Shrewsbury River is navigated
predominantly by recreational power
boats and sail boats of various sizes.
Currently only one lane of vehicular
traffic is open northbound on the Route
36 Bridge due to the Highlands Bridge
replacement project presently
underway. Two lanes of vehicular traffic
were closed in early July 2008, to
facilitate the new bridge construction.
As a result of the vehicular travel lane
closures traffic congestion has become a
major concern to motorists and local
officials. The nearby Gateway National
Recreation Area, operated by the
National Park Service, has been
particularly impacted on weekends by
traffic delays as a result of the bridge
construction and drawbridge openings
for vessel traffic.
The National Park Service, the New
Jersey Department of Transportation,
and local officials have made various
adjustments to traffic control to help
mitigate the vehicular traffic congestion;
however, the traffic congestion on
weekends in the afternoon continues to
be a major safety concern when
motorists are exiting the Sandy Hook
area and the Gateway National
Recreation Park.
As a result, the National Park Service
requested a temporary deviation from
the drawbridge operation regulations to
PO 00000
Frm 00024
Fmt 4700
Sfmt 4700
test an alternate drawbridge operation
schedule to help better balance the
needs between vehicular land traffic
and marine vessel traffic.
Under this temporary deviation, in
effect from August 2, 2008 through
September 1, 2008, the Route 36 Bridge
at mile 1.8, across the Shrewsbury
River, shall operate as follows:
Monday through Friday, the draw
shall open on signal, from 7 a.m. to 8
p.m., on the hour and half hour only.
From 8 p.m. to 11 p.m. the draw shall
open on signal. From 11 p.m. to 7 a.m.
the draw shall open on signal after at
least a four-hour notice is given by
calling 732–872–1052.
Saturday, Sunday and Labor Day, the
draw shall open on signal from 7 a.m.
to 4 p.m., and 7 p.m. to 8 p.m. on the
hour and half hour only. From 4 p.m.
to 7 p.m. the draw shall open on signal
once an hour, on the hour only. From
8 p.m. to 11 p.m. the draw shall open
on signal. From 11 p.m. to 7 a.m. the
draw shall open on signal after at least
a four-hour advance notice is given by
calling 732–872–1052.
In accordance with 33 CFR 117.35(e),
the bridge must return to its regular
operating schedule immediately at the
end of the designated time period. This
deviation from the operating regulations
is authorized under 33 CFR 117.35.
Dated: July 31, 2008.
Gary Kassof,
Bridge Program Manager, First Coast Guard
District.
[FR Doc. E8–18312 Filed 8–7–08; 8:45 am]
BILLING CODE 4910–15–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 117
[USCG–2008–0302]
RIN 1625–AA09
Drawbridge Operation Regulations;
Smith Creek at Wilmington, NC
Coast Guard, DHS.
Final rule.
AGENCY:
ACTION:
SUMMARY: The Coast Guard is changing
the drawbridge operation regulations of
the S117–S133 Bridge, at mile 1.5,
across Smith Creek at Wilmington, NC.
This action will allow that the draw
need not be opened for the passage of
vessels.
DATES: This rule is effective September
8, 2008.
ADDRESSES: Comments and related
materials received from the public, as
E:\FR\FM\08AUR1.SGM
08AUR1
Agencies
[Federal Register Volume 73, Number 154 (Friday, August 8, 2008)]
[Rules and Regulations]
[Pages 46191-46192]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-18312]
=======================================================================
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DEPARTMENT OF HOMELAND SECURITY
Coast Guard
33 CFR Part 117
[USCG-2008-0785]
Drawbridge Operation Regulations; Shrewsbury River, Route 36
Bridge, Highlands, NJ, Schedule Change
AGENCY: Coast Guard, DHS.
ACTION: Notice of temporary deviation from regulations; request for
comments.
-----------------------------------------------------------------------
SUMMARY: The Commander, First Coast Guard District, has issued a
temporary deviation from the regulation governing the operation of the
Route 36 Bridge, across the Shrewsbury River, mile 1.8, at Highlands,
New Jersey. This deviation will test a change to the drawbridge
operation schedule to determine whether a permanent change to the
schedule is needed. This deviation will allow the bridge to open on
signal for all marine traffic once an hour on the hour between 4 p.m.
and 7 p.m. on weekends and holidays.
DATES: This deviation is effective from 4 p.m. on August 2, 2008,
through 7 p.m. on September 1, 2008. Comments must reach the Coast
Guard on or before November 1, 2008.
ADDRESSES: You may submit comments identified by Coast Guard docket
number USCG-2008-0785 to the Docket Management Facility at the U.S.
Department of Transportation. To avoid duplication, please use only one
of the following methods:
(1) Online: https://www.regulations.gov.
(2) Mail: Docket Management Facility (M-30), U.S. Department of
Transportation, West Building ground floor, Room W12-140, 1200 New
Jersey Avenue, SE., Washington, DC 20590-0001.
(3) Hand Delivery: Same as mail address above, between 9 a.m. and 5
p.m., Monday through Friday, except Federal holidays. The telephone
number is (202) 366-9329.
(4) Fax: (202) 493-2251.
FOR FURTHER INFORMATION CONTACT: Mr. Gary Kassof, Project Officer,
First Coast Guard District, (212) 668-7165.
If you have questions on viewing or submitting material to the
docket, call Renee V. Wright, Program Manager, Docket Operations,
telephone (202) 366-9826.
SUPPLEMENTARY INFORMATION:
[[Page 46192]]
Public Participation and Request for Comments
We encourage you to participate in this rulemaking by submitting
comments and related material. All comments received will be posted,
without change, to https://www.regulations.gov and will include any
personal information you have provided. We have an agreement with the
Department of Transportation to use the Docket Management Facility.
Submitting Comments
If you submit a comment, please include the docket number for this
rulemaking (USCG-2008-0785), indicate the specific section of this
document to which each comment applies, and give the reason for each
comment. We recommend that you include your name and mailing address,
an e-mail address, or a phone number in the body of your document so
that we can contact you if we have questions regarding your submission.
You may submit your comments and materials by electronic means, mail,
fax, or delivery to the Docket Management Facility at the address under
ADDRESSES; but please submit your comments and materials by only one
means. If you submit them by mail or delivery, submit them in an
unbound format, no larger than 8\1/2\ by 11 inches, suitable for
copying and electronic filing. If you submit them by mail and would
like to know that they reached the Facility, please enclose a stamped,
self-addressed postcard or envelope. We will consider all comments and
material received during the comment period. We may change this
proposed rule in view of them.
Viewing Comments and Documents
To view comments, as well as documents mentioned in this preamble
as being available in the docket, go to https://www.regulations.gov at
any time. Enter the docket number for this rulemaking (USCG-2008-0785)
in the Search box, and click ``Go>>.'' You may also visit either the
Docket Management Facility in Room W12-140, on the ground floor of the
Department of Transportation West Building, 1200 New Jersey Avenue,
SE., Washington, DC 20590-0001, between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays; or First Coast Guard District,
Bridge Branch, One South Street, New York, NY 10004, between 9 a.m. and
5 p.m., Monday through Friday, except Federal holidays.
Privacy Act
Anyone can search the electronic form of all comments received into
any of our dockets by the 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 a Privacy Act, system of
records notice regarding our public dockets in the January 17, 2008,
issue of the Federal Register (73 FR 3316).
Public Meeting
We do not plan to hold a public meeting. But you may submit a
request for one to the Docket Management Facility at the address under
ADDRESSES explaining why one would be beneficial. If we determine that
one would aid this rulemaking, we will hold one at a time and place
announced by a later notice in the Federal Register.
Background and Purpose
The Route 36 Bridge has a vertical clearance in the closed position
of 35 feet at mean high water and 39 feet at mean low water. The
existing drawbridge operation regulations are listed at 33 CFR
117.755(a). The bridge presently opens on the hour and half hour
between 7 a.m. and 8 p.m. from May 15 through October 15, and on signal
from 8 p.m. to 11 p.m. From 11 p.m. to 7 a.m. the bridge opens on
signal after a four-hour advance notice is given.
The Shrewsbury River is navigated predominantly by recreational
power boats and sail boats of various sizes.
Currently only one lane of vehicular traffic is open northbound on
the Route 36 Bridge due to the Highlands Bridge replacement project
presently underway. Two lanes of vehicular traffic were closed in early
July 2008, to facilitate the new bridge construction.
As a result of the vehicular travel lane closures traffic
congestion has become a major concern to motorists and local officials.
The nearby Gateway National Recreation Area, operated by the National
Park Service, has been particularly impacted on weekends by traffic
delays as a result of the bridge construction and drawbridge openings
for vessel traffic.
The National Park Service, the New Jersey Department of
Transportation, and local officials have made various adjustments to
traffic control to help mitigate the vehicular traffic congestion;
however, the traffic congestion on weekends in the afternoon continues
to be a major safety concern when motorists are exiting the Sandy Hook
area and the Gateway National Recreation Park.
As a result, the National Park Service requested a temporary
deviation from the drawbridge operation regulations to test an
alternate drawbridge operation schedule to help better balance the
needs between vehicular land traffic and marine vessel traffic.
Under this temporary deviation, in effect from August 2, 2008
through September 1, 2008, the Route 36 Bridge at mile 1.8, across the
Shrewsbury River, shall operate as follows:
Monday through Friday, the draw shall open on signal, from 7 a.m.
to 8 p.m., on the hour and half hour only. From 8 p.m. to 11 p.m. the
draw shall open on signal. From 11 p.m. to 7 a.m. the draw shall open
on signal after at least a four-hour notice is given by calling 732-
872-1052.
Saturday, Sunday and Labor Day, the draw shall open on signal from
7 a.m. to 4 p.m., and 7 p.m. to 8 p.m. on the hour and half hour only.
From 4 p.m. to 7 p.m. the draw shall open on signal once an hour, on
the hour only. From 8 p.m. to 11 p.m. the draw shall open on signal.
From 11 p.m. to 7 a.m. the draw shall open on signal after at least a
four-hour advance notice is given by calling 732-872-1052.
In accordance with 33 CFR 117.35(e), the bridge must return to its
regular operating schedule immediately at the end of the designated
time period. This deviation from the operating regulations is
authorized under 33 CFR 117.35.
Dated: July 31, 2008.
Gary Kassof,
Bridge Program Manager, First Coast Guard District.
[FR Doc. E8-18312 Filed 8-7-08; 8:45 am]
BILLING CODE 4910-15-P