South Carolina Disaster #SC-00009, 20761-20762 [E9-10313]

Download as PDF Federal Register / Vol. 74, No. 85 / Tuesday, May 5, 2009 / Notices SMALL BUSINESS ADMINISTRATION (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) [Disaster Declaration #11730 and #11731] James E. Rivera, Acting Associate Administrator for Disaster Assistance. [FR Doc. E9–10310 Filed 5–4–09; 8:45 am] Alabama Disaster #AL–00021 AGENCY: U.S. Small Business Administration. ACTION: Notice. BILLING CODE 8025–01–P This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Alabama (FEMA–1835–DR), dated 04/28/2009. Incident: Severe Storms, Flooding, Tornadoes, and Straight-line Winds. Incident Period: 03/25/2009 through 04/03/2009. Effective Date: 04/28/2009. Physical Loan Application Deadline Date: 06/29/2009. Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2010. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the President’s major disaster declaration on 04/28/2009, Private Non-Profit organizations that provide essential services of governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Baldwin, Bullock, Butler, Choctaw, Clarke, Coffee, Covington, Crenshaw, Dale, Dallas, Elmore, Geneva, Henry, Houston, Lamar, Marengo, Perry, Russell, Washington, Wilcox. The Interest Rates are: SUMMARY: Percent Other (Including Non-Profit Organizations) With Credit Available Elsewhere ................................. Businesses and Non-Profit Organizations Without Credit Available Elsewhere ......................... 23:12 May 04, 2009 [Disaster Declaration #11705 and #11706] Minnesota Disaster Number MN–00021 AGENCY: U.S. Small Business Administration. ACTION: Amendment 3. SUMMARY: This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Minnesota (FEMA–1830– DR), dated 04/09/2009 . Incident: Severe Storms and Flooding. Incident Period: 03/16/2009 and continuing. Effective Date: 04/29/2009. Physical Loan Application Deadline Date: 06/08/2009. Economic Injury (EIDL) Loan Application Deadline Date: 01/09/2010. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing And Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of Minnesota, dated 04/09/2009, is hereby amended to include the following areas as adversely affected by the disaster. Primary Counties: Cook. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) James E. Rivera, Acting Associate Administrator for Disaster Assistance. [FR Doc. E9–10314 Filed 5–4–09; 8:45 am] BILLING CODE 8025–01–P Jkt 217001 SUMMARY: This is a notice of an Administrative declaration of a disaster for the State of South Carolina dated 04/ 29/2009. Incident: Severe storms and tornadoes. Incident Period: 04/10/2009 through 04/11/2009. Effective Date: 04/29/2009. Physical Loan Application Deadline Date: 06/29/2009. Economic Injury (EIDL) Loan Application Deadline Date: 01/29/2010. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street, SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the Administrator’s disaster declaration, applications for disaster loans may be filed at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Abbeville, Aiken. Contiguous Counties: South Carolina: Anderson, Barnwell, Edgefield, Greenville, Greenwood, Laurens, Lexington, McCormick, Orangeburg, Saluda. Georgia: Burke, Elbert, Richmond. The Interest Rates are: Percent Homeowners with Credit Available Elsewhere: ................................ Homeowners without Credit Available Elsewhere: ........................ Businesses with Credit Available Elsewhere: ................................ Businesses & Small Agricultural Cooperatives without Credit Available Elsewhere: ................. Other (Including Non-Profit Organizations) with Credit Available Elsewhere: ................................ Businesses and Non-Profit Organizations without Credit Available Elsewhere: ........................ 4.375 2.187 6.000 4.000 4.500 4.000 South Carolina Disaster #SC–00009 AGENCY: U.S. Small Business Administration. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) SMALL BUSINESS ADMINISTRATION 4.000. Notice. The number assigned to this disaster for physical damage is 11728 C and for economic injury is 11729 0. The States which received an EIDL Declaration # are South Carolina, Georgia. 4.500. The number assigned to this disaster for physical damage is 11730B and for economic injury is 11731B. VerDate Nov<24>2008 SMALL BUSINESS ADMINISTRATION ACTION: 20761 [Disaster Declaration #11728 and #11729] PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 E:\FR\FM\05MYN1.SGM 05MYN1 20762 Federal Register / Vol. 74, No. 85 / Tuesday, May 5, 2009 / Notices Dated: April 29, 2009. Karen G. Mills, Administrator. [FR Doc. E9–10313 Filed 5–4–09; 8:45 am] BILLING CODE 8025–01–P SECURITIES AND EXCHANGE COMMISSION The following is a summary of the application. The complete application may be obtained via the Commission’s Web site by searching for the file number, or an applicant using the Company name box, at https:// www.sec.gov/search/search.htm or by calling (202) 551–8090. SUPPLEMENTARY INFORMATION: Applicant’s Representations 1. The applicant is a subsidiary of Citigroup, Inc.1 Citigroup Inc. is a global Citibank, N.A.; Notice of Application financial services organization whose lines of business include global cards, April 29, 2009. consumer banking, an institutional AGENCY: Securities and Exchange clients group (including transaction Commission (‘‘Commission’’). services such as agency/trust), global ACTION: Notice of an application under wealth management and corporate section 6(c) of the Investment Company services. The applicant is frequently Act of 1940 (‘‘Act’’) for an exemption selected to act as trustee in connection from certain requirements of rule 3a– with asset-backed securities issued by 7(a)(4)(i) under the Act. Issuers. 2. An asset-backed securities SUMMARY: Summary of Application: transaction typically involves the Applicant requests an order that would transfer of assets by a seller, usually by permit an issuer of asset-backed a ‘‘sponsor,’’ to a special purpose securities that is not registered as an corporate or trust entity that is investment company under the Act in established for the sole purpose of reliance on rule 3a-7 under the Act (an acting as the Issuer and is structured to ‘‘Issuer’’) to appoint the applicant as a be bankruptcy remote and the trustee to the Issuer when the applicant subsequent issuance of asset-backed is affiliated with an underwriter for the securities (‘‘ABS’’) to investors by the Issuer’s securities. Issuer (an ‘‘ABS Transaction’’). The Applicant: Citibank, N.A. parties to an ABS Transaction enter into DATES: Filing Dates: The application was several transaction agreements that filed on December 30, 2008 and provide for the holding of the assets by amended on April 23, 2009. the Issuer and define the rights and Hearing or Notification of Hearing: An responsibilities of the parties to the order granting the application will be transaction (‘‘Transaction Documents’’). issued unless the Commission orders a The operative Transaction Document hearing. Interested persons may request governing the trustee is referred to a hearing by writing to the herein as the ‘‘Agreement.’’ Commission’s Secretary and serving 3. The sponsor of an ABS Transaction applicant with a copy of the request, assembles the pool of assets by personally or by mail. Hearing requests purchasing or funding them, describes should be received by the Commission them in the offering materials, and by 5:30 p.m. on May 22, 2009, and retains the underwriter to sell interests should be accompanied by proof of in the assets to investors. The sponsor service on the applicant, in the form of determines the structure, drafts the an affidavit or, for lawyers, a certificate documents, and prices the ABS of service. Hearing requests should state Transactions. The sponsor selects the the nature of the writer’s interest, the other parties to the ABS Transaction, reason for the request, and the issues including the underwriter, the servicer, contested. Persons who wish to be and the trustee. notified of a hearing may request 4. The servicer, either directly or notification by writing to the through subservicers, manages the Commission’s Secretary. assets held by the Issuer. The servicer ADDRESSES: Secretary, U.S. Securities pays the income from the assets held by and Exchange Commission, 100 F 1 The applicant also requests that the order apply Street, NE., Washington, DC 20549– to an Issuer’s appointment, now or in the future, of 1090. Applicant, 388 Greenwich Street, any other entity controlling, controlled by, or under 14th Floor, New York, NY 10013. common control (as defined in section 2(a)(9) of the FOR FURTHER INFORMATION CONTACT: Jean Act) with the applicant as a trustee for an Issuer. The applicant represents that any other entity E. Minarick, Senior Counsel, at (202) relying on this relief now or in the future will 551–6811, or Julia Kim Gilmer, Branch comply with the terms and conditions of the Chief, at (202) 551–6821 (Division of application. Any existing entity currently intending Investment Management, Office of to rely on the requested order has been named as an applicant. Investment Company Regulation). [Investment Company Act Release No. 28717; File No. 812–13618] VerDate Nov<24>2008 23:12 May 04, 2009 Jkt 217001 PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 the Issuer over to the trustee, and the trustee uses the income, as instructed by the servicer and provided by the Agreement, to pay interest and principal on the ABS, to fund reserve accounts and purchases of additional assets, and to make other payments including fees owed to the trustee and other parties to the ABS Transaction. 5. The sponsor of an ABS Transaction selects the trustee. In selecting a trustee, the sponsor generally seeks to obtain customary trust administrative and related services for the Issuer at minimal cost. In some instances, other parties to an ABS Transaction may provide recommendations to a sponsor about potential trustees. An underwriter for an ABS Transaction also may provide advice to the sponsor about trustee selection based on the underwriter’s knowledge of the pricing and expertise offered by a particular trustee in light of the contemplated transaction. 6. If an underwriter affiliated with the applicant recommends a trustee to a sponsor, both the underwriter’s recommendation and any selection of the applicant by the sponsor will be based upon customary market considerations of pricing and expertise, among other things, and the selection will result from an arms-length negotiation between the sponsor and the applicant. Applicant will not price its services as trustee in a manner designed to facilitate its affiliate being named underwriter. 7. The trustee’s role in an ABS Transaction is specifically defined by the Agreement, and under the Agreement the trustee is not expected or required to perform discretionary functions. The responsibilities of the trustee as set forth in the Agreement are narrowly circumscribed and limited to those expressly accepted by the trustee. The trustee negotiates the provisions applicable to it directly with the sponsor and is then appointed by and enters into the Agreement with the Issuer. 8. The trustee usually becomes involved in an ABS Transaction after the substantive economic terms have been negotiated between the sponsor and the underwriters. The trustee does not monitor any service performed by, or obligation of, an underwriter, whether or not the underwriter is affiliated with the trustee. In the unlikely event that the applicant, in acting as trustee to an Issuer for which an affiliate acts as underwriter, becomes obligated to enforce any of the affiliated underwriter’s obligations to the Issuer, the applicant will resign as trustee for the Issuer consistent with the requirements of rule 3a–7(a)(4)(i). In E:\FR\FM\05MYN1.SGM 05MYN1

Agencies

[Federal Register Volume 74, Number 85 (Tuesday, May 5, 2009)]
[Notices]
[Pages 20761-20762]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-10313]


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 SMALL BUSINESS ADMINISTRATION

[Disaster Declaration 11728 and 11729]


South Carolina Disaster SC-00009

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

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

SUMMARY: This is a notice of an Administrative declaration of a 
disaster for the State of South Carolina dated 04/29/2009.
    Incident: Severe storms and tornadoes.
    Incident Period: 04/10/2009 through 04/11/2009.
    Effective Date: 04/29/2009.
    Physical Loan Application Deadline Date: 06/29/2009.
    Economic Injury (EIDL) Loan Application Deadline Date: 01/29/2010.

ADDRESSES: Submit completed loan applications to: U.S. Small Business 
Administration, Processing and Disbursement Center, 14925 Kingsport 
Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster 
Assistance, U.S. Small Business Administration, 409 3rd Street, SW., 
Suite 6050, Washington, DC 20416.

SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of 
the Administrator's disaster declaration, applications for disaster 
loans may be filed at the address listed above or other locally 
announced locations.
    The following areas have been determined to be adversely affected 
by the disaster:

Primary Counties:
    Abbeville, Aiken.
Contiguous Counties:
    South Carolina: Anderson, Barnwell, Edgefield, Greenville, 
Greenwood, Laurens, Lexington, McCormick, Orangeburg, Saluda.
    Georgia: Burke, Elbert, Richmond.

    The Interest Rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
Homeowners with Credit Available Elsewhere:..................      4.375
Homeowners without Credit Available Elsewhere:...............      2.187
Businesses with Credit Available Elsewhere:..................      6.000
Businesses & Small Agricultural Cooperatives without Credit        4.000
 Available Elsewhere:........................................
Other (Including Non-Profit Organizations) with Credit             4.500
 Available Elsewhere:........................................
Businesses and Non-Profit Organizations without Credit             4.000
 Available Elsewhere:........................................
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 11728 C 
and for economic injury is 11729 0.
    The States which received an EIDL Declaration  are South 
Carolina, Georgia.

(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)


[[Page 20762]]


    Dated: April 29, 2009.
Karen G. Mills,
Administrator.
[FR Doc. E9-10313 Filed 5-4-09; 8:45 am]
BILLING CODE 8025-01-P
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