Supplemental Environmental Impact Statement for the Proposed Campo Regional Landfill Project on the Campo Indian Reservation, San Diego County, CA, 6153-6154 [2011-2426]
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6153
Federal Register / Vol. 76, No. 23 / Thursday, February 3, 2011 / Notices
percent) to purchase damaged properties
versus first-time or current homeowners
(Inside Mortgage Finance, June 2010). Since
the waiver went into effect, overall HUD realestate owned (REO) purchases and investor
purchases have increased by 20 and 25
percent, respectively.
The waiver implemented various controls
to help mitigate the risks associated with 90
day property flips. The transaction has to be
arms-length with no pattern of previous
flipping. If the sale of the property is 20
percent above the seller’s acquisition cost,
the increase in value must be justified with:
• A 2nd appraisal and/or supporting
documentation justifying the increase in
value
-AND-
• Property inspection report to be ordered
by the Lender.
In addition, if the sale of the property is
20 percent above the seller’s acquisition cost,
the loan was targeted for a Post Endorsement
Technical Review (PETR). To ensure FHA’s
risk controls are adequate, FHA analyzed and
compared 90-day property flipping loan data
and other purchase loan data in three key
areas: (1) EPDs; (2) Credit Profile; and (3)
Property Defects.
1. Early Payment Defaults (EPDs) are
defined as a 90-day delinquency within the
first 6 payment cycles. There are currently 5
EPD loans for 90-day property flip loans.
Below is a comparison of FHA 90-day flip
loans to other purchase mortgages (less
HECM) endorsed between 2/1/10 and 10/31/
10. It should be noted that it is too early to
Flips
Loans ................
EPDs .................
Percentage .......
90-day Property Flip ..............................................................................................................
Other Purchases ....................................................................................................................
compared to other purchase loans (less
HECM). The percentage of unacceptable
valuation reviews to PETR reviews for 90-day
property flipping loans is 47.54 percent.
However, the majority of these Unacceptable
Valuation reviews are the result of
documentation compliance issues (i.e.
missing inspection report, 2nd Appraisal,
Termite Report). It should be noted that these
are new requirements for the mortgagee and
17,114
5
0.03%
Average back
end ratio
27.92
26.96
40.86
40.58
Loan type
90-day Property Flip .................................................................
Other Purchases .......................................................................
10.08% (Property Defects) .......................................................
9.79% .......................................................................................
BILLING CODE 4210–67–P
DEPARTMENT OF THE INTERIOR
Bureau of Indian Affairs
Supplemental Environmental Impact
Statement for the Proposed Campo
Regional Landfill Project on the Campo
Indian Reservation, San Diego County,
CA
Bureau of Indian Affairs,
Interior.
ACTION: Notice of cancellation.
jdjones on DSK8KYBLC1PROD with NOTICES
AGENCY:
This notice announces that
the Bureau of Indian Affairs (BIA) as
lead agency, in cooperation with the
Campo Band of Mission Indians (Campo
Band), Campo Environmental Protection
Agency (CEPA) and the U.S.
Environmental Protection Agency
SUMMARY:
VerDate Mar<15>2010
15:31 Feb 02, 2011
Jkt 223001
(EPA), intends to cancel all work on a
Supplemental Environmental Impact
Statement (SEIS) for the BIA Federal
action of approving an amended lease
and amended sublease to allow for the
proposed Campo Regional Landfill
Project (Proposed Action) to be located
on the Campo Indian Reservation, San
Diego County, California.
DATES: This cancellation is effective
March 1, 2011. Written comments must
arrive by February 28, 2011.
ADDRESSES: You may mail or hand carry
written comments to Amy Dutschke,
Regional Director, Pacific Regional
Office, Bureau of Indian Affairs, 2800
Cottage Way, Sacramento, California
95825.
FOR FURTHER INFORMATION CONTACT: John
Rydzik, (916) 978–6051.
SUPPLEMENTARY INFORMATION: The BIA is
canceling work on the SEIS because the
Campo Band of Mission Indians, by
Tribal resolution, informed the BIA that
PO 00000
Frm 00040
Fmt 4703
Sfmt 4703
1,200,650
1,742
0.15%
Average total
score
694
698
FHA. The mortgagees were interpreting the
controls inconsistently/incorrectly. In
addition, these loans were originated this
year and the process of resolving
documentation issues can often take several
months. Actual property defects (issues with
the actual property such as holes in the
walls, faulty wiring, etc.) are limited to 10.08
percent which is comparable to FHA’s other
purchase loans.
Percentage of unacceptable valuation reviews
to PETR reviews
[FR Doc. 2011–2434 Filed 2–2–11; 8:45 am]
Purchases
2. FHA insured 16,999 loans under this
waiver from 2/1/10 through 9/31/10. FHA
compared the credit profile of 90-day
property flip loans with other loan purchases
(less HECM) to determine if the credit
profiles were similar. FHA 90-day property
flip loans and other purchase loans are
almost identical from a credit perspective.
Average front
end ratio
Loan type
3. Of the 16,999 loans, FHA reviewed 833
(4.9 percent) 90-day property flip loans
through its Post Endorsement Technical
Review (PETR) process from 2/1/10 through
9/31/10. FHA compared the percentage of
loans rated Unacceptable for Valuation
Review to PETR Reviews and to the 90-day
property flip loan population. Currently, 90day property flip loans have substantially
more Unacceptable Valuation ratings
draw any meaningful conclusions concerning
EPDs since the waiver was implemented in
2/1/10.
Percentage of
unacceptable
valuation
reviews to loan
population
.49%
.39%
the Tribe terminated the amended lease
with Muht-Hei (MHI) and amended
sublease between MHI and BLT
Enterprises, Inc. (BLT), of Oxnard,
California, to develop the Campo
Regional Landfill Project (Proposed
Action). There is no Federal action of
amended lease and amended sublease
approval for BIA consideration. The
Notice of Intent to prepare the SEIS,
which included a description of the
proposed action, was published in the
Federal Register on November 8, 2005
(70 FR 67738–67739). The Notice of
Availability of the Draft SEIS was
published in the Federal Register on
February 26, 2010 (75 FR 8986–8988).
Public Comment Availability
Comments, including names and
addresses of respondents, will be
available for public review at the BIA
address shown in the ADDRESSES
section, during business hours, 8 a.m. to
4:30 p.m., Monday through Friday,
E:\FR\FM\03FEN1.SGM
03FEN1
6154
Federal Register / Vol. 76, No. 23 / Thursday, February 3, 2011 / Notices
except holidays. Before including your
address, telephone number, e-mail
address, or other personal identifying
information in your comment, you
should be aware that your entire
comment—including your personal
identifying information—may be made
publicly available at any time. While
you can ask us in your comment to
withhold your personal identifying
information from public review, we
cannot guarantee that we will be able to
do so.
Authority
This notice is published pursuant to
section 1503.1 of the Council of
Environmental Quality Regulations (40
CFR parts 1500 through 1508) and
section 46.305 of the Department of
Interior Regulations (43 CFR part 46),
implementing the procedural
requirements of the National
Environmental Policy Act of 1969, as
amended (42 U.S.C. 4371 et seq.), and
is in the exercise of authority delegated
to the Assistant Secretary—Indian
Affairs by 209 DM 8.
Dated: January 20, 2011.
Larry Echo Hawk,
Assistant Secretary—Indian Affairs.
[FR Doc. 2011–2426 Filed 2–2–11; 8:45 am]
BILLING CODE 4310–W7–P
DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[LLCAC09000
L58740000.EU0000.LXSS008B0000; CACA
50168 06]
Notice of Realty Action: Modified
Competitive Bid Sale of Public Lands
in Santa Cruz County, CA
Bureau of Land Management,
Interior.
ACTION: Notice of realty action.
AGENCY:
The Bureau of Land
Management (BLM) Hollister Field
Office proposes to sell a parcel of public
land consisting of approximately 12.55
acres in Santa Cruz County, California,
for not less than the appraised fair
market value of $53,000. The sale will
be conducted as a modified competitive
bid auction, whereby only the adjoining
landowners would have the opportunity
to submit written sealed bids to
purchase the public land.
DATES: Written comments regarding this
proposed sale must be received by the
BLM on or before March 21, 2011. The
adjoining landowners have until 3 p.m.
Pacific Standard Time April 4, 2011 to
submit sealed bids to the BLM Hollister
Field Office at the address listed below.
jdjones on DSK8KYBLC1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
15:31 Feb 02, 2011
Jkt 223001
Sealed bids will be opened on April 5,
2011, which will be the sale date.
ADDRESSES: Written comments
concerning the proposed sale should be
sent to the Field Manager, BLM,
Hollister Field Office, 20 Hamilton
Court, Hollister, California 95023.
Sealed bids must also be submitted to
this address.
FOR FURTHER INFORMATION CONTACT:
Christine Sloand, Realty Specialist,
BLM, Hollister Field Office, 20
Hamilton Court, Hollister, California
95023, or phone (831) 630–5022.
SUPPLEMENTARY INFORMATION: The
following public land is proposed for
sale in accordance with Sections 203
and 209 of the Federal Land Policy and
Management Act (FLPMA) of 1976, as
amended (43 U.S.C. 1713 and 1719):
Mount Diablo Meridian
T. 10S., R. 2E.,
Sec. 20, lots 1, 2, and 9.
The area described contains 12.55 acres,
more or less, in Santa Cruz County.
The public land was originally
identified as suitable for disposal in the
1984 BLM Hollister Resource
Management Plan (RMP) and remains
available for sale under the 2007
Hollister RMP revision, and is not
needed for any other Federal purpose.
The public land proposed for sale lacks
legal access and is isolated from other
public lands. The BLM’s purpose in
selling the land is to dispose of land that
is difficult and uneconomic to manage
as part of the public lands. The BLM
proposes to limit bidding to the
adjoining landowners because the land
lacks legal access and has no utility
except to be used as part of an adjoining
parcel. The BLM’s objective in limiting
bidding to the adjoining landowners is
to encourage the assemblage of the
public land with an adjoining parcel of
private land, which is the highest and
best use of the public land according to
an appraisal approved by the
Department of the Interior Office of
Valuation Services. Under the
regulations 43 CFR 2711.3–2, the BLM
may limit bidding to certain persons
when the authorized officer determines
it is necessary to recognize equitable
considerations or public policies. In this
case, the BLM believes that it is good
public policy to promote the assemblage
of the public land with adjoining private
land because that is the highest and best
use of the public land and it is equitable
to provide each adjoining landowner an
opportunity to purchase the public land.
There are three landowners adjoining
the public land; Mr. and Mrs. Burch,
Mr. and Mrs. Bradford and Mr. and Mrs.
Reid. The BLM has completed a mineral
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Frm 00041
Fmt 4703
Sfmt 4703
potential report which concluded there
are no known mineral values in the land
proposed for sale. The proposed sale
would include the conveyance of both
the surface and mineral interests of the
United States.
On February 3, 2011, the above
described land will be segregated from
appropriation under the public land
laws, including the mining laws, except
for the sale provisions of the FLPMA.
The BLM will no longer accept land use
applications affecting the identified
public lands, except applications for the
amendment of previously filed right-ofway applications or existing
authorizations to increase the term of
the grants in accordance with 43 CFR
2802.15 and 2886.15. The temporary
segregation will terminate upon
issuance of a patent, publication in the
Federal Register of a termination of the
segregation, or on February 4, 2013,
unless extended by the BLM State
Director in accordance with 43 CFR
2711.1–2(d) prior to the termination
date. The land would not be sold until
at least April 4, 2011. Any patent issued
would contain the following terms,
conditions, and reservations:
1. A reservation of a right-of-way to
the United States for ditches and canals
constructed by authority of the United
States under the Act of August 30, 1890
(43 U.S.C. 945);
2. A condition that the conveyance be
subject to all valid existing rights of
record;
3. An appropriate indemnification
clause protecting the United States from
claims arising out of the patentee’s use,
occupancy, or operations on the
patented lands;
4. Additional terms and conditions
that the authorized officer deems
appropriate.
The BLM will send the adjoining
landowners of record an Invitation For
Bid (IFB). Adjoining landowners must
follow the instructions in the IFB to
participate in the bidding process.
Sealed bids must be for not less than the
Federally approved fair market value of
$53,000. Each sealed bid must include
a certified check, money order, bank
draft, or cashier’s check made payable
in U.S. dollars to the Bureau of Land
Management, for 10 percent of the
amount of the bid. A bid to purchase the
land will constitute an application for
conveyance of the Federal mineral
interest, and in conjunction with the
final payment, the purchaser will be
required to pay a $50 nonrefundable
filing fee for the conveyance of the
mineral interests. If more than one
sealed bid is submitted for the same
high bid amount, the high bidders will
be notified and allowed to submit
E:\FR\FM\03FEN1.SGM
03FEN1
Agencies
[Federal Register Volume 76, Number 23 (Thursday, February 3, 2011)]
[Notices]
[Pages 6153-6154]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-2426]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE INTERIOR
Bureau of Indian Affairs
Supplemental Environmental Impact Statement for the Proposed
Campo Regional Landfill Project on the Campo Indian Reservation, San
Diego County, CA
AGENCY: Bureau of Indian Affairs, Interior.
ACTION: Notice of cancellation.
-----------------------------------------------------------------------
SUMMARY: This notice announces that the Bureau of Indian Affairs (BIA)
as lead agency, in cooperation with the Campo Band of Mission Indians
(Campo Band), Campo Environmental Protection Agency (CEPA) and the U.S.
Environmental Protection Agency (EPA), intends to cancel all work on a
Supplemental Environmental Impact Statement (SEIS) for the BIA Federal
action of approving an amended lease and amended sublease to allow for
the proposed Campo Regional Landfill Project (Proposed Action) to be
located on the Campo Indian Reservation, San Diego County, California.
DATES: This cancellation is effective March 1, 2011. Written comments
must arrive by February 28, 2011.
ADDRESSES: You may mail or hand carry written comments to Amy Dutschke,
Regional Director, Pacific Regional Office, Bureau of Indian Affairs,
2800 Cottage Way, Sacramento, California 95825.
FOR FURTHER INFORMATION CONTACT: John Rydzik, (916) 978-6051.
SUPPLEMENTARY INFORMATION: The BIA is canceling work on the SEIS
because the Campo Band of Mission Indians, by Tribal resolution,
informed the BIA that the Tribe terminated the amended lease with Muht-
Hei (MHI) and amended sublease between MHI and BLT Enterprises, Inc.
(BLT), of Oxnard, California, to develop the Campo Regional Landfill
Project (Proposed Action). There is no Federal action of amended lease
and amended sublease approval for BIA consideration. The Notice of
Intent to prepare the SEIS, which included a description of the
proposed action, was published in the Federal Register on November 8,
2005 (70 FR 67738-67739). The Notice of Availability of the Draft SEIS
was published in the Federal Register on February 26, 2010 (75 FR 8986-
8988).
Public Comment Availability
Comments, including names and addresses of respondents, will be
available for public review at the BIA address shown in the ADDRESSES
section, during business hours, 8 a.m. to 4:30 p.m., Monday through
Friday,
[[Page 6154]]
except holidays. Before including your address, telephone number, e-
mail address, or other personal identifying information in your
comment, you should be aware that your entire comment--including your
personal identifying information--may be made publicly available at any
time. While you can ask us in your comment to withhold your personal
identifying information from public review, we cannot guarantee that we
will be able to do so.
Authority
This notice is published pursuant to section 1503.1 of the Council
of Environmental Quality Regulations (40 CFR parts 1500 through 1508)
and section 46.305 of the Department of Interior Regulations (43 CFR
part 46), implementing the procedural requirements of the National
Environmental Policy Act of 1969, as amended (42 U.S.C. 4371 et seq.),
and is in the exercise of authority delegated to the Assistant
Secretary--Indian Affairs by 209 DM 8.
Dated: January 20, 2011.
Larry Echo Hawk,
Assistant Secretary--Indian Affairs.
[FR Doc. 2011-2426 Filed 2-2-11; 8:45 am]
BILLING CODE 4310-W7-P