Caraleigh Phosphate and Fertlizer Works Superfund Site; Raleigh, Wake County, NC; Notice of Settlement, 38389 [2011-16490]
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Federal Register / Vol. 76, No. 126 / Thursday, June 30, 2011 / Notices
Policy statements; request for
comments.
ENVIRONMENTAL PROTECTION
AGENCY
ACTION:
[Docket# EPA–RO4–SFUND–2011–0534,
FRL–9427–6]
SUMMARY:
Caraleigh Phosphate and Fertlizer
Works Superfund Site; Raleigh, Wake
County, NC; Notice of Settlement
Environmental Protection
Agency.
ACTION: Notice of settlement.
AGENCY:
Under Section 122(h)(1) of the
Comprehensive Environmental
Response, Compensation and Liability
Act (CERCLA), the United States
Environmental Protection Agency has
entered into a settlement for
reimbursement of past response costs
concerning the Caraleigh Phosphate and
Fertilizer Works Superfund Site located
in Raleigh, Wake County, North
Carolina for publication.
DATES: The Agency will consider public
comments on the settlement until
August 1, 2011. The Agency will
consider all comments received and
may modify or withdraw its consent to
the settlement if comments received
disclose facts or considerations which
indicate that the settlement is
inappropriate, improper, or inadequate.
ADDRESSES: Copies of the settlement are
available from Ms. Paula V. Painter.
Submit your comments, identified by
Docket ID No. EPA–RO4–SFUND–2011–
0534 or Site name Caraleigh Phosphate
and Fertilizer Works Superfund Site by
one of the following methods:
• https://www.regulations.gov: Follow
the on-line instructions for submitting
comments.
• https://www.epa.gov/region4/waste/
sf/enforce.htm
• E-mail. Painter.Paula@epa.gov
FOR FURTHER INFORMATION CONTACT:
Paula V. Painter at 404/562–8887.
SUMMARY:
Dated: June 13, 2011.
Anita L. Davis,
Chief, Superfund Enforcement & Information
Management Branch, Superfund Division.
[FR Doc. 2011–16490 Filed 6–29–11; 8:45 am]
BILLING CODE 6560–50–P
srobinson on DSK4SPTVN1PROD with NOTICES
FARM CREDIT SYSTEM INSURANCE
CORPORATION
Policy Statement Concerning
Adjustments to the Insurance
Premiums and Policy Statement on the
Secure Base Amount and Allocated
Insurance Reserves Accounts
Farm Credit System Insurance
Corporation.
AGENCY:
VerDate Mar<15>2010
16:24 Jun 29, 2011
Jkt 223001
The Farm Credit System
Insurance Corporation (Corporation or
FCSIC) announces that it is publishing
for comment a revised draft Policy
Statement Concerning Adjustments to
the Insurance Premiums and a revised
draft Policy Statement on the Secure
Base Amount and Allocated Insurance
Reserves Accounts (AIRAs). The
revisions to these two policy statements
reflect amendments to the Farm Credit
Act made by the Food, Conservation,
and Energy Act of 2008, and other
changed conditions. The policy
statement concerning premiums
maintains the Corporation’s semiannual
review process as a basis for the
Corporation’s exercise of its discretion
to adjust premiums in response to
changing conditions. The policy
statement concerning the secure base
amount and AIRAs maintains the
Corporation’s general approach to
questions concerning the computation
of the secure base amount and
allocation and payment of Allocated
Insurance Reserves Accounts (AIRAs),
with modifications to reflect the
legislation and the Corporation’s recent
AIRAs payments.
DATES: Written comments must be
submitted on or before August 1, 2011.
ADDRESSES: Comments should be
mailed or delivered to James M. Morris,
General Counsel, Farm Credit System
Insurance Corporation, McLean,
Virginia 22102. Copies of all comments
will be available for examination by
interested parties in the offices of the
Farm Credit System Insurance
Corporation.
FOR FURTHER INFORMATION CONTACT:
James M. Morris, General Counsel, Farm
Credit System Insurance Corporation,
1501 Farm Credit Drive, McLean,
Virginia 22102, (703) 883–4380, TDD
(703) 883–4444.
SUPPLEMENTARY INFORMATION: The Farm
Credit System Insurance Corporation
(FCSIC or Corporation) insures the
timely payment of principal and interest
on insured debt obligations issued by
Farm Credit System banks under the
Farm Credit Act of 1971, as amended
(Act). The Corporation collects
premiums from Farm Credit System
(FCS) institutions to fund the Farm
Credit Insurance Fund (Fund).
On March 23, 2007, the Corporation’s
Board of Directors (Board) adopted a
legislative proposal requesting that the
Congress amend the Act to, inter alia,
base premiums on the outstanding
insured debt obligations instead of
loans, and permit the Corporation to
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38389
collect a broader range of premiums on
insured debt. The legislative proposal
reflected the Corporation’s concern that,
despite generally collecting premiums at
the maximum statutory rates, the Fund
was trending away from the ‘‘secure
base amount,’’ the Corporation’s target
for the Fund. Provisions incorporating
the Corporation’s legislative proposal
became a part of versions of proposed
Farm Bills in the House and Senate.
Ultimately, enactment of the Food,
Conservation, and Energy Act of 2008
(FCE Act) in 2008 amended the
provisions of the Farm Credit Act of
1971 that govern FCSIC premiums to
include the Corporation’s proposed
changes.
The Corporation took action to ensure
that the amended provisions of the Act
were implemented promptly and that
there was a measured and structured
transition to the new premium
structure. In June 2008, the
Corporation’s Board of Directors took
action to implement the amendments of
the Act’s premium provisions. The
Board implemented (effective on July 1,
2008) the new premium rates and
calculation method and adjusted the
premiums pursuant to the Corporation’s
authority under section 5.55 of the Act,
as amended by the FCE Act. The
Corporation also took action to amend
its long-standing regulations concerning
premiums. See 12 CFR part 1410. The
Corporation amended its regulations,
effective June 9, 2009, to withdraw
regulations that were inconsistent with
the FCE Act and clarify the effect of the
premium provisions of the Act as
amended by the FCE Act. See 74 FR
28156 (June 15, 2009); 74 FR 17371
(April 15, 2009).1
The Corporation is now publishing for
comment a revised ‘‘Policy Statement
Concerning Adjustments to the
Insurance Premiums.’’ As revised, the
policy statement will reflect the FCE Act
amendments of the Farm Credit Act.
However, the policy statement will
maintain the existing semiannual
consideration of premium rates and the
five policy factors that are contained in
the present policy. In addition, the
Corporation is now publishing for
comment a revised ‘‘Policy Statement
1 In 2009, the Corporation generally limited its
amendments of its premium regulations to changes
that were necessary in order to eliminate provisions
that were obsolete or inconsistent with the FCE Act,
and did not add new regulatory definitions. While
two new terms, ‘‘investment’’ and ‘‘other than
temporarily impaired,’’ were added by the FCE Act,
the Corporation continues to believe that those
terms can be interpreted as accounting terms.
Definitions will be added if experience under the
new statutory provisions and the regulations leads
the Corporation to believe that those two terms, or
other terms, should be defined.
E:\FR\FM\30JNN1.SGM
30JNN1
Agencies
[Federal Register Volume 76, Number 126 (Thursday, June 30, 2011)]
[Notices]
[Page 38389]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-16490]
[[Page 38389]]
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ENVIRONMENTAL PROTECTION AGENCY
[Docket EPA-RO4-SFUND-2011-0534, FRL-9427-6]
Caraleigh Phosphate and Fertlizer Works Superfund Site; Raleigh,
Wake County, NC; Notice of Settlement
AGENCY: Environmental Protection Agency.
ACTION: Notice of settlement.
-----------------------------------------------------------------------
SUMMARY: Under Section 122(h)(1) of the Comprehensive Environmental
Response, Compensation and Liability Act (CERCLA), the United States
Environmental Protection Agency has entered into a settlement for
reimbursement of past response costs concerning the Caraleigh Phosphate
and Fertilizer Works Superfund Site located in Raleigh, Wake County,
North Carolina for publication.
DATES: The Agency will consider public comments on the settlement until
August 1, 2011. The Agency will consider all comments received and may
modify or withdraw its consent to the settlement if comments received
disclose facts or considerations which indicate that the settlement is
inappropriate, improper, or inadequate.
ADDRESSES: Copies of the settlement are available from Ms. Paula V.
Painter. Submit your comments, identified by Docket ID No. EPA-RO4-
SFUND-2011-0534 or Site name Caraleigh Phosphate and Fertilizer Works
Superfund Site by one of the following methods:
https://www.regulations.gov: Follow the on-line
instructions for submitting comments.
https://www.epa.gov/region4/waste/sf/enforce.htm
E-mail. Painter.Paula@epa.gov
FOR FURTHER INFORMATION CONTACT: Paula V. Painter at 404/562-8887.
Dated: June 13, 2011.
Anita L. Davis,
Chief, Superfund Enforcement & Information Management Branch, Superfund
Division.
[FR Doc. 2011-16490 Filed 6-29-11; 8:45 am]
BILLING CODE 6560-50-P