Railroad Revenue Adequacy-2010 Determination, 68830-68831 [2011-28748]

Download as PDF 68830 Federal Register / Vol. 76, No. 215 / Monday, November 7, 2011 / Notices welcomes input on items which stakeholders believe should be included as specific initiatives within this plan. PHMSA’s Office of International Standards Strategic Plan can be accessed at: http://www.phmsa.dot.gov/ hazmat/regs/international. Following the 40th session of the UNSCOE TDG, PHMSA will place a copy of the Sub-Committee’s report and a summary of the results on PHMSA’s Hazardous Materials Safety Web site at http://www.phmsa.dot.gov/hazmat/ regs/international. PHMSA’s site at http://www.phmsa.dot.gov/hazmat/ regs/international provides additional information regarding the UNSCOE TDG and related matters such as summaries of decisions taken at previous sessions of the UNSCOE TDG. Issued in Washington, DC, on November 2, 2011. Magdy El-Sibaie, Associate Administrator for Hazardous Materials Safety. [FR Doc. 2011–28815 Filed 11–4–11; 8:45 am] BILLING CODE 4910–60–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. AB 1089X] mstockstill on DSK4VPTVN1PROD with NOTICES Mississippi & Skuna Valley Railroad, LLC—Abandonment Exemption—in Yalobusha and Calhoun Counties, MS On October 18, 2011, Mississippi & Skuna Valley Railroad, LLC (MSV) filed with the Surface Transportation Board (Board) a petition under 49 U.S.C. 10502 for exemption from the provisions of 49 U.S.C. 10903 to abandon its entire 21-mile rail line extending between milepost 21.0 at Bruce Junction, and milepost 0.0 at Bruce, in Yalobusha and Calhoun Counties, Miss.1 The line traverses United States Postal Service Zip Codes 38915 and 38922, and includes the stations of Bruce Junction (milepost 21.0) and Bruce (milepost 0.0). MSV states that, based on information in its possession, the line does contain federally granted rights-of-way. Any documentation in MSV’s possession will be made available promptly to those requesting it. Where, as here, the carrier is abandoning its entire line, the Board 1 MSV acquired the line in November 2010. See Miss. & Skuna Valley R.R. LLC–Acq. & Operation Exemp.–Miss. & Skuna Valley R.R., FD 35429 (STB served Nov. 5, 2010). MSV states that no traffic was moving over the line at the time it was acquired from the Mississippi & Skuna Valley Railroad Company (MSVR), and before that no traffic had moved over the line since April 17, 2008. VerDate Mar<15>2010 17:50 Nov 04, 2011 Jkt 226001 generally does not impose labor protection under 49 U.S.C. 10502(g), unless the evidence indicates the existence of: (1) A corporate affiliate that will continue substantially similar rail operations; or (2) a corporate parent that will realize substantial financial benefits over and above relief from the burden of deficit operations by its subsidiary railroad. See Honey Creek R.R.–Aban. Exemp.–in Henry Cnty., Ind., AB 865X (STB served Aug. 20, 2004); Wellsville, Addison & Galeton R.R.–Aban. of Entire Line in Potter & Tioga Cntys., Pa., 354 I.C.C. 744 (1978); and Northampton & Bath R.R.–Aban. near Northampton and Bath Junction, in Northampton Cnty., Pa., 354 I.C.C. 784 (1978). Therefore, if the Board grants the petition for exemption, in the absence of a showing of one or more of these exceptions, labor protective conditions will not be imposed. The Board will consider and address comments on the petition, including comments regarding labor protection, in its final decision on the merits. By issuing this notice, the Board is instituting an exemption proceeding pursuant to 49 U.S.C. 10502(b). A final decision will be issued by February 3, 2012. Any offer of financial assistance (OFA) under 49 CFR 1152.27(b)(2) will be due no later than 10 days after service of a decision granting the petition for exemption. Each OFA must be accompanied by a $1,500 filing fee. See 49 CFR 1002.2(f)(25). All interested persons should be aware that, following abandonment of rail service and salvage of the line, the line may be suitable for other public use, including interim trail use. Any request for a public use condition under 49 CFR 1152.28 or for trail use/rail banking under 49 CFR 1152.29 will be due no later than November 28, 2011. Each trail use request must be accompanied by a $250 filing fee. See 49 CFR 1002.2(f)(27). All filings in response to this notice must refer to Docket No. AB 1089X, and must be sent to: (1) Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001; and (2) Melanie B. Yasbin, 600 Baltimore Ave., Suite 301, Towson, MD 21204. Replies to the petition are due on or before November 28, 2011. Persons seeking further information concerning abandonment procedures may contact the Board’s Office of Public Assistance, Governmental Affairs, and Compliance at (202) 245–0238 or refer to the full abandonment or discontinuance regulations at 49 CFR part 1152. Questions concerning environmental issues may be directed to PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 the Board’s Office of Environmental Analysis (OEA) at (202) 245–0305. Assistance for the hearing impaired is available through the Federal Information Relay Service (FIRS) at 1–(800) 877–8339. An environmental assessment (EA) (or environmental impact statement (EIS), if necessary) prepared by OEA will be served upon all parties of record and upon any agencies or other persons who commented during its preparation. Other interested persons may contact OEA to obtain a copy of the EA (or EIS). EAs in these abandonment proceedings normally will be made available within 60 days of the filing of the petition. The deadline for submission of comments on the EA generally will be within 30 days of its service. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: November 2, 2011. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011–28757 Filed 11–4–11; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. EP 552 (Sub-No. 15)] Railroad Revenue Adequacy—2010 Determination AGENCY: Surface Transportation Board, DOT. ACTION: Notice of decision. On November 3, 2011, the Board served a decision announcing the 2010 revenue adequacy determinations for the Nation’s Class I railroads. One carrier, Union Pacific Railroad Company, was found to be revenue adequate. DATES: Effective Date: This decision is effective on November 3, 2011. FOR FURTHER INFORMATION CONTACT: Paul Aguiar, (202) 245–0323. Assistance for the hearing impaired is available through Federal Information Relay Service (FIRS) at (800) 877–8339. SUPPLEMENTARY INFORMATION: The Board is required to make an annual determination of railroad revenue adequacy. A railroad is considered revenue adequate under 49 U.S.C. 10704(a) if it achieves a rate of return on net investment equal to at least the current cost of capital for the railroad industry for 2010, determined to be 11.03% in Railroad Cost of Capital— SUMMARY: E:\FR\FM\07NON1.SGM 07NON1 Federal Register / Vol. 76, No. 215 / Monday, November 7, 2011 / Notices 2010, Docket No. EP 558 (Sub-No. 14) (STB served Oct. 3, 2011). This revenue adequacy standard was applied to each Class I railroad. One carrier, Union Pacific Railroad Company, was found to be revenue adequate for 2010. The decision in this proceeding is posted on the Board’s Web site at http://www.stb.dot.gov. Copies of the decision may be purchased by contacting the Office of Public Assistance, Governmental Affairs, and Compliance at (202) 245–0238. Assistance for the hearing impaired is available through FIRS at (800) 877– 8339. This action will not significantly affect either the quality of the human environment or the conservation of energy resources. Decided: November 2, 2011. By the Board, Chairman Elliott, Vice Chairman Begeman, and Commissioner Mulvey. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011–28748 Filed 11–4–11; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Funds Availability (NOFA) Inviting Applications for the Community Development Financial Institutions (CDFI) Program FY 2012 Funding Round (the FY 2012 Funding Round) Announcement Type: Announcement of funding opportunity. Catalog of Federal Domestic Assistance (CFDA) Number: 21.020. DATES: Applications for Financial Assistance (FA) or Technical Assistance (TA) awards through the FY 2012 Funding Round must be received by midnight, Eastern Time (ET), January 11, 2012. SUMMARY: Executive Summary: Subject to funding availability, this NOFA is issued in connection with the FY 2012 Funding Round of the CDFI Program, administered by the Community Development Financial Institutions (CDFI) Fund. mstockstill on DSK4VPTVN1PROD with NOTICES I. Funding Opportunity Description A. Award Requirements Through the CDFI Program, the CDFI Fund provides FA awards and TA grants. FA awards are made to certified CDFIs that complete and submit the CDFI Program Application and meet the VerDate Mar<15>2010 17:50 Nov 04, 2011 Jkt 226001 requirements set forth in this NOFA, subject to funding availability. In FY 2012, subject to the availability of funding, the CDFI Fund will also make FA awards under the Healthy Food Financing Initiative (HFFI–FA) to certified CDFIs that meet the requirements set forth in this NOFA. TA grants are made to certified CDFIs and entities proposing to become certified that complete and submit the CDFI Program Application and meet the requirements set forth in this NOFA. B. Program Regulations The regulations governing the CDFI Program are found at 12 CFR parts 1805 and 1815 (the Regulations) and provide guidance on evaluation criteria and other requirements. Details regarding application content requirements are found in the Application and related materials. Each capitalized term in this NOFA is more fully defined in this NOFA, the Regulations, or the Application, and the CDFI Fund encourages Applicants to review the Regulations in addition to this NOFA. C. The CDFI Fund reserves the right to fund, in whole or in part, any, all, or none of the applications submitted in response to this NOFA. The CDFI Fund reserves the right to reallocate funds from the amount that is anticipated to be available under this NOFA to other CDFI Fund programs, particularly if the CDFI Fund determines that the number of awards made under this NOFA is fewer than projected. In addition, the CDFI Fund invites applications that propose innovative Financial Products and Financial Services to address the current difficult economic conditions of our nation. D. Coordination With Broader Community Development Strategies Consistent with Federal efforts to promote community revitalization, it is important for communities to develop a comprehensive neighborhood revitalization strategy that addresses neighborhood assets that are essential to transforming distressed neighborhoods into healthy and vibrant communities of opportunity. Furthermore, only through the development of comprehensive neighborhood revitalization plans that embrace the coordinated use of programs and resources in order to effectively address the interrelated needs within a community will the broader vision of neighborhood transformation occur. Although not a requirement for participating in the CDFI Program, the Federal government believes that a CDFI will be most PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 68831 successful when it is part of, and contributing to, an area’s broader neighborhood revitalization strategy. II. Award Information A. Funding Availability 1. FY 2012 Funding Round Subject to funding availability, the CDFI Fund expects to award, through this NOFA, approximately $123 million in appropriated funds in the following ways: (i) $15 million in FA awards to Category I/SECA Applicants; (ii) $105 million in FA awards to Category II/ Core Applicants; and (iii) $3 million in TA grants to TA Applicants. In addition, through this NOFA and the Native American CDFI Assistance (NACA) Program NOFA, the CDFI Fund expects to award approximately $25 million total in FA awards to HFFI Applicants under the CDFI and NACA Programs. The CDFI Fund reserves the right to award more or less than the amounts cited above in each category in the FY 2012 Funding Round, based upon available funding and other appropriate factors. 2. Availability of Funds for the FY 2012 Funding Round Funds for the FY 2012 Funding Round have not yet been appropriated. If funds are not appropriated for the CDFI Program, there will not be a FY 2012 Funding Round. If funds are appropriated, the amount of such funds may be greater or less than the amounts set forth above. If funds for the FY 2012 Funding Round for the Native American CDFI Assistance (NACA) Program are not appropriated, entities eligible to apply for CDFI Program funds that would have applied for NACA Program funding, are encouraged to apply for CDFI Program funds through this NOFA. B. Types of Awards An Applicant may submit an application for a TA award or an FA award, which includes CDFI Program FA and HFFI–FA. 1. FA Awards FA awards provide flexible financial support to CDFIs so they may achieve the strategies outlined in their Comprehensive Business Plans. FA awards can be used in the following six categories: (i) Financial Products; (ii) Financial Services; (iii) Development Services; (iv) Loan Loss Reserves; (v) Capital Reserves; and/or (vi) Operations. For purposes of this NOFA, the six categories mean: E:\FR\FM\07NON1.SGM 07NON1

Agencies

[Federal Register Volume 76, Number 215 (Monday, November 7, 2011)]
[Notices]
[Pages 68830-68831]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-28748]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. EP 552 (Sub-No. 15)]


Railroad Revenue Adequacy--2010 Determination

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision.

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SUMMARY: On November 3, 2011, the Board served a decision announcing 
the 2010 revenue adequacy determinations for the Nation's Class I 
railroads. One carrier, Union Pacific Railroad Company, was found to be 
revenue adequate.

DATES: Effective Date: This decision is effective on November 3, 2011.

FOR FURTHER INFORMATION CONTACT: Paul Aguiar, (202) 245-0323. 
Assistance for the hearing impaired is available through Federal 
Information Relay Service (FIRS) at (800) 877-8339.

SUPPLEMENTARY INFORMATION: The Board is required to make an annual 
determination of railroad revenue adequacy. A railroad is considered 
revenue adequate under 49 U.S.C. 10704(a) if it achieves a rate of 
return on net investment equal to at least the current cost of capital 
for the railroad industry for 2010, determined to be 11.03% in Railroad 
Cost of Capital--

[[Page 68831]]

2010, Docket No. EP 558 (Sub-No. 14) (STB served Oct. 3, 2011). This 
revenue adequacy standard was applied to each Class I railroad. One 
carrier, Union Pacific Railroad Company, was found to be revenue 
adequate for 2010.
    The decision in this proceeding is posted on the Board's Web site 
at http://www.stb.dot.gov. Copies of the decision may be purchased by 
contacting the Office of Public Assistance, Governmental Affairs, and 
Compliance at (202) 245-0238. Assistance for the hearing impaired is 
available through FIRS at (800) 877-8339.
    This action will not significantly affect either the quality of the 
human environment or the conservation of energy resources.

    Decided: November 2, 2011.

    By the Board, Chairman Elliott, Vice Chairman Begeman, and 
Commissioner Mulvey.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2011-28748 Filed 11-4-11; 8:45 am]
BILLING CODE 4915-01-P