Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 32181 [2010-13541]

Download as PDF WReier-Aviles on DSKGBLS3C1PROD with NOTICES Federal Register / Vol. 75, No. 108 / Monday, June 7, 2010 / Notices was shown to be hydraulically connected to the Columbia River and chlorination was required. Prior to installation of the Canadianmanufactured PVC pipe and completion of the proposed project, the distribution system configuration did not allow for sufficient chlorine contact time. Without the appropriate contact time, the disinfection process could not have been completed prior to water reaching the consumers. The project originally estimated the need for 340 linear feet of large diameter 36″ pipe to allow for ample and sufficient chlorine contact time to provide treatment and disinfection to the water however, after additional engineering analysis, it was noted that only 280 linear feet was needed for project specifications. EPA finds these considerations as stated by the City provide ample functional justification for their specification. The April 28 memorandum defines ‘‘public interest’’ as those cases which possibly involve national implications of such a waiver. Based on additional research by EPA’s consulting contractor (Cadmus), and to the best of the Region’s knowledge at this time, the City attempted without success, to meet the Buy American requirements. Furthermore, the purpose of the ARRA provisions is to stimulate economic recovery by funding current infrastructure construction, not to delay projects that are already shovel ready by requiring entities, like the City, to revise their design or potentially choose a more costly and less effective project. The imposition of ARRA Buy American requirements on such projects eligible for DWSRF assistance would result in unreasonable delay and thus displace the ‘‘shovel ready’’ status for this project. To further delay construction is in direct conflict with the most fundamental economic purposes of ARRA; to create or retain jobs. The Drinking Water Unit has reviewed this waiver request and has determined that the supporting documentation provided by the City is sufficient to meet the following criteria listed under section 1605(b) and in the April 28 memorandum: Applying the Buy American requirements of ARRA would be inconsistent with the public interest. The basis for this project waiver is the authorization provided in section 1605(b)(1), due to the lack of any U.S. production of what by industry’s standards is a small amount (280 linear feet) of large diameter 36″ PVC pipe, in order to meet the City’s design schedule and specifications. The March 31, 2009, Delegation of Authority Memorandum provided Regional Administrators with VerDate Mar<15>2010 15:27 Jun 04, 2010 Jkt 220001 32181 the authority to issue exceptions to section 1605 of ARRA within the geographic boundaries of their respective regions and with respect to requests by individual grant recipients. Having reviewed all available documentation, statements, invoices, and related correspondence, EPA has established both a proper basis to specify the particular good required for this project, and that categorization of similar waiver requests from Gwinnett County, GA (granted 12/18/09) and Old Town, ME (granted 2/12/10) when the manufactured goods involved there had already been used in and incorporated into the ARRA project, that EPA has evaluated and considered the City’s waiver request as of January 4, 2010 to be considered under section 1605(b)(1) authority for public interest waivers. The City is hereby granted a waiver from the Buy American requirements of section 1605(a) of Public Law 111–5 for the purchase of 280 linear feet of large diameter 36″ PVC pipe. This supplementary information constitutes the detailed written justification required by section 1605(c) for waivers based on a finding under subsection (b). President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. Carlyle Financial Services Harbor, L.P., Washington, D.C.; CGFSP Coinvestment, L.P.; Carlyle Global Partner Master Coinvestment Cayman, L.P.; Carlyle Global Financial Services Partners, L.P.; TCG Financial Services, L.P.; Carlyle Financial Services, Ltd.; TC Group Cayman Investment Holdings, L.P.; TCG Holdings Cayman II, L.P.; DBD Cayman, Limited; TCG Financial Services Investment Holdings, L.P.; and Carlyle Financial Services Holdings, Ltd., all of Grand Cayman, Cayman Islands; Daniel A. D’ Aniello; William E. Conway, Jr.; and David M. Rubenstein, all of Washington, D.C.; and Carlyle Investment Management, L.L.C.; TC Group, L.L.C.; and TCG Holdings, L.L.C., all of Wilmington, Delaware; to acquire voting shares of Hampton Roads Bankshares, Inc., Norfolk, Virginia, and thereby indirectly acquire voting shares of Shore Bank, Onley, Virginia. Authority: Public Law 111–5, section 1605. BILLING CODE 6210–01–S Dated: May 25, 2010. Dennis J. McLerran, Regional Administrator, EPA, Region 10. [FR Doc. 2010–13529 Filed 6–4–10; 8:45 am] BILLING CODE 6560–50–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than June 22, 2010. A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System, June 2, 2010. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2010–13541 Filed 6–4–10; 8:45 am] FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be E:\FR\FM\07JNN1.SGM 07JNN1

Agencies

[Federal Register Volume 75, Number 108 (Monday, June 7, 2010)]
[Notices]
[Page 32181]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-13541]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisition of Shares of Bank or 
Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the office of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than June 22, 2010.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Carlyle Financial Services Harbor, L.P., Washington, D.C.; CGFSP 
Coinvestment, L.P.; Carlyle Global Partner Master Coinvestment Cayman, 
L.P.; Carlyle Global Financial Services Partners, L.P.; TCG Financial 
Services, L.P.; Carlyle Financial Services, Ltd.; TC Group Cayman 
Investment Holdings, L.P.; TCG Holdings Cayman II, L.P.; DBD Cayman, 
Limited; TCG Financial Services Investment Holdings, L.P.; and Carlyle 
Financial Services Holdings, Ltd., all of Grand Cayman, Cayman Islands; 
Daniel A. D' Aniello; William E. Conway, Jr.; and David M. Rubenstein, 
all of Washington, D.C.; and Carlyle Investment Management, L.L.C.; TC 
Group, L.L.C.; and TCG Holdings, L.L.C., all of Wilmington, Delaware; 
to acquire voting shares of Hampton Roads Bankshares, Inc., Norfolk, 
Virginia, and thereby indirectly acquire voting shares of Shore Bank, 
Onley, Virginia.

    Board of Governors of the Federal Reserve System, June 2, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-13541 Filed 6-4-10; 8:45 am]
BILLING CODE 6210-01-S