Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 78657-78658 [2011-32291]

Download as PDF Federal Register / Vol. 76, No. 243 / Monday, December 19, 2011 / Notices emcdonald on DSK5VPTVN1PROD with NOTICES personal identification number PIN created by the bidder. The Bureaus strongly encouraged bidders to print a round summary for each round after they have completed all of their activity for that round. 133. In each round, an eligible bidder will be able to place bids on a given construction permit in as many as nine pre-defined bid amounts, if the bidder has sufficient eligibility to place a bid on the particular construction permit. For each construction permit, the FCC Auction System will list the acceptable bid amounts in a drop-down box. Bidders use the drop-down box to select from among the acceptable bid amounts. The FCC Auction System also includes an upload function that allows text files containing bid information to be uploaded. 134. Until a bid has been placed on a construction permit, the minimum acceptable bid amount for that permit will be equal to its minimum opening bid amount. Once there are bids on a permit, minimum acceptable bids for the following round will be determined. 135. During a round, an eligible bidder may submit bids for as many construction permits as it wishes (providing that it is eligible to bid on the specific permits), remove bids placed in the current bidding round, or permanently reduce eligibility. If multiple bids are submitted for the same construction permit in the same round, the system takes the last bid entered as that bidder’s bid for the round. Bidding units associated with construction permits for which the bidder has removed bids do not count towards current activity. vi. Bid Removal and Bid Withdrawal 136. In Auction 93, each bidder will have the option of removing any bids placed in a round provided that such bids are removed before the close of that bidding round. By using the remove bids function in the FCC Auction System, a bidder may effectively unsubmit any bid placed within that round. A bidder removing a bid placed in the same round is not subject to withdrawal payments. Removing a bid will affect a bidder’s activity for the round in which it is removed, i.e., a bid that is removed does not count toward bidding activity. Once a round closes, a bidder may no longer remove a bid. 137. The Bureaus will prohibit bidders in Auction 93 from withdrawing any bids after the round in which the bids were placed has ended. Bidders are cautioned to select bid amounts carefully because no bid withdrawals will be allowed, even if a bid was mistakenly or erroneously made. VerDate Mar<15>2010 19:31 Dec 16, 2011 Jkt 226001 vii. Round Results 138. Reports reflecting bidders’ identities for Auction 93 will be available before and during the auction. Thus, bidders will know in advance of this auction the identities of the bidders against which they are bidding. 139. Bids placed during a round will not be made public until the conclusion of that round. After a round closes, the Bureaus will compile reports of all bids placed, current provisionally winning bids, new minimum acceptable bid amounts for the following round, whether the construction permit is FCC held, and bidder eligibility status (bidding eligibility and activity rule waivers), and post the reports for public access. viii. Auction Announcements 140. The Commission will use auction announcements to report necessary information such as schedule changes. All auction announcements will be available by clicking a link in the FCC Auction System. V. Post-Auction Procedures 141. Shortly after bidding has ended, the Commission will issue a public notice declaring the auction closed, identifying the winning bidders, and establishing the deadlines for submitting down payments, final payments, and the long-form applications (FCC Forms 301). A. Down Payments 142. Within ten business days after release of the auction closing public notice, each winning bidder must submit sufficient funds (in addition to its upfront payment) to bring its total amount of money on deposit with the Commission for Auction 93 to twenty percent of the net amount of its winning bids (gross bids less any applicable new entrant bidding credits). B. Final Payments 143. Each winning bidder will be required to submit the balance of the net amount of its winning bids within ten business days after the applicable deadline for submitting down payments. C. Long-Form Application (FCC Form 301) 144. The Commission’s rules currently provide that within thirty days following the close of bidding and notification to the winning bidders, unless a longer period is specified by public notice, winning bidders must electronically submit a properly completed long-form application (FCC Form 301, Application for Construction Permit for Commercial Broadcast PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 78657 Station), and required exhibits for each construction permit won through Auction 93. Winning bidders claiming new entrant status must include an exhibit demonstrating their eligibility for the bidding credit. Further instructions on these and other filing requirements will be provided to winning bidders in the auction closing public notice. D. Default and Disqualification 145. Any winning bidder that defaults or is disqualified after the close of the auction (i.e., fails to remit the required down payment within the prescribed period of time, fails to submit a timely long-form application, fails to make full payment, or is otherwise disqualified) will be subject to the payments described in 47 CFR 1.2104(g)(2). This payment consists of a deficiency payment, equal to the difference between the amount of the Auction 93 bidder’s winning bid and the amount of the winning bid the next time a construction permit covering the same spectrum is won in an auction, plus an additional payment equal to a percentage of the defaulter’s bid or of the subsequent winning bid, whichever is less. The percentage of the applicable bid to be assessed as an additional payment for defaults in Auction 93 was established at twenty percent of the applicable bid. 146. If a default or disqualification involves gross misconduct, misrepresentation, or bad faith by an applicant, the Commission may declare the applicant and its principals ineligible to bid in future auctions, and may take any other action that it deems necessary, including institution of proceedings to revoke any existing authorizations held by the applicant. Federal Communications Commission. Gary Michaels, Deputy Chief, Auctions and Spectrum Access Division, WTB. [FR Doc. 2011–32430 Filed 12–16–11; 8:45 am] BILLING CODE 6712–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company 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 shares of 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)). E:\FR\FM\19DEN1.SGM 19DEN1 78658 Federal Register / Vol. 76, No. 243 / Monday, December 19, 2011 / Notices The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices 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 January 3, 2012. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. The Garst Family consisting of Elizabeth Garst, Edward Garst and Rachel Garst, all of Coon Rapids, Iowa; Jennifer Garst, Ames, Iowa; Kate Garst Revocable Trust, Des Moines, Iowa; Sarah Garst, West Des Moines, Iowa; as a group acting in concert and individually by Elizabeth Garst, Sarah Garst, and Sally Garst Haerr, all of Fairfield, Iowa, to acquire additional voting shares of Perry Investment Company, and thereby indirectly acquire additional voting shares of Racoon Valley Bank, both in Perry, Iowa. 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 conducted throughout the United States. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than January 12, 2012. A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Valley Bancshares Incorporated, Pauls Valley, Oklahoma, to acquire up to 23 percent of the voting shares of First Lindsay Corporation, and thereby indirectly acquire voting shares of The First National Bank of Lindsay, both in Lindsay, Oklahoma. Board of Governors of the Federal Reserve System, December 13, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–32293 Filed 12–16–11; 8:45 am] Board of Governors of the Federal Reserve System, December 13, 2011. Robert deV. Frierson, Deputy Secretary of the Board. BILLING CODE 6210–01–P [FR Doc. 2011–32291 Filed 12–16–11; 8:45 am] Notice of Proposals to Engage in or to Acquire Companies Engaged in Permissible Nonbanking Activities BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM emcdonald on DSK5VPTVN1PROD with NOTICES 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 application 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 VerDate Mar<15>2010 19:31 Dec 16, 2011 Jkt 226001 FEDERAL RESERVE SYSTEM The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 or the offices of the Board of Governors not later than January 3, 2012. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Talen, Inc., Traer, Iowa; to continue to engage in the extensions of credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, December 13, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–32292 Filed 12–16–11; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Webinar Overview of the National Vaccine Advisory Committee Healthcare Personnel Influenza Vaccination Subgroup’s Draft Report and Draft Recommendations for Achieving the Healthy People 2020 Annual Coverage Goals for Influenza Vaccination in Healthcare Personnel National Vaccine Program Office, Office of the Assistant Secretary for Health, Office of the Secretary, Department of Health and Human Services. ACTION: Notice. AGENCY: The National Vaccine Program Office (NVPO), on behalf of the National Vaccine Advisory Committee (NVAC), Healthcare Personnel Influenza Vaccination Subgroup (HCPIVS), will host an informational webinar to introduce the committee’s draft report and draft recommendations for annually achieving 90% influenza vaccination coverage among healthcare personnel, as stated in the Healthy People 2020 goals. The informational webinar provides an opportunity for the public to listen to an overview of the findings and processes used by the HCPIVS members to derive their recommendations. Pre-registration for the webinar is required. The co-chairs of the HCPIVS working group will also provide information to the public on how to submit written comments on the draft report and draft recommendations through the Federal Register process. Registrants for the webinar will be provided an opportunity to submit questions about the report at the time of registration. Public and Stakeholder comments on the draft report and the draft recommendations should be directed to http://www.hhs.gov/nvpo/ nvac/subgroups/healthcare_personnel_ influenza_vacc_subgroup.html. SUMMARY: E:\FR\FM\19DEN1.SGM 19DEN1

Agencies

[Federal Register Volume 76, Number 243 (Monday, December 19, 2011)]
[Notices]
[Pages 78657-78658]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-32291]


=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of 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)).

[[Page 78658]]

    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices 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 January 3, 2012.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. The Garst Family consisting of Elizabeth Garst, Edward Garst and 
Rachel Garst, all of Coon Rapids, Iowa; Jennifer Garst, Ames, Iowa; 
Kate Garst Revocable Trust, Des Moines, Iowa; Sarah Garst, West Des 
Moines, Iowa; as a group acting in concert and individually by 
Elizabeth Garst, Sarah Garst, and Sally Garst Haerr, all of Fairfield, 
Iowa, to acquire additional voting shares of Perry Investment Company, 
and thereby indirectly acquire additional voting shares of Racoon 
Valley Bank, both in Perry, Iowa.


    Board of Governors of the Federal Reserve System, December 13, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-32291 Filed 12-16-11; 8:45 am]
BILLING CODE 6210-01-P