Salem Investment Partners III, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest, 72430 [2012-29359]

Download as PDF 72430 Federal Register / Vol. 77, No. 234 / Wednesday, December 5, 2012 / Notices U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of New Jersey, dated 11/05/2012, is hereby amended to establish the incident period for this disaster as beginning 10/26/2012 and continuing through 11/08/2012. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Joseph P. Loddo, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2012–29141 Filed 12–4–12; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [License No. 04/04–0315] mstockstill on DSK4VPTVN1PROD with Salem Investment Partners III, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest Notice is hereby given that Salem Investment Partners III, L.P., 1348 Westgate Center Drive, Suite 100, Winston-Salem, NC 27114, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of a small concern, has sought an exemption under Section 312 of the Act and Section 107.730, Financings which Constitute Conflicts of Interest of the Small Business Administration (‘‘SBA’’) Rules and Regulations (13 CFR 107.730). Salem Investment Partners III, L.P. proposes to provide debt security financing to Industrial Services Group, Inc., 318 Neeley Street, Sumter, SC 29150 (‘‘Universal Blastco’’). The financing is brought within the purview of § 107.730(a)(4) of the Regulations because Universal Blastco owes a debt obligation to Salem Capital Partners, L.P. and Salem Halifax Capital Partners, L.P., all Associates of Salem Investment Partners III, L.P., and a part of the financing will be used to discharge the obligation. Therefore this transaction is considered a financing constituting a conflict of interest requiring prior SBA approval. Notice is hereby given that any interested person may submit written comments on the transaction, within fifteen days of the date of this publication, to the Associate Administrator for Investment, U.S. Small Business Administration, 409 VerDate Mar<15>2010 17:19 Dec 04, 2012 Jkt 229001 Third Street SW., Washington, DC 20416. Dated: November 28, 2012 Sean J. Greene, Associate Administrator for Investment. [FR Doc. 2012–29359 Filed 12–4–12; 8:45 am] BILLING CODE P DEPARTMENT OF STATE [Public Notice 8102] Application for a Presidential Permit To Operate and Maintain Pipeline Facilities on the Border of the United States and Canada Department of State. Notice of Receipt of Application for a Presidential Permit to Operate and Maintain Pipeline Facilities on the Border of the United States and Canada. AGENCY: ACTION: Notice is hereby given that the Department of State (DOS) received an application from Plains LPG Services, L.P. (Plains LPG) to operate and maintain facilities it has acquired pertaining to six pipelines at the U.S.Canada border (St. Clair Pipeline border facilities). The pipeline facilities were previously owned by Dome Petroleum, which operated and maintained them pursuant to earlier Presidential Permits. Plains LPG requests issuance of a new permit reflecting sole ownership of the St. Clair Pipeline border facilities and allowing Plains LPG to operate and maintain those facilities for use in transporting liquefied hydrocarbons, consistent with the terms of the currently applicable permits. The Plains application will supersede an application made by Dome on May 14, 2010 as it relates to the St. Clair Pipeline border facilities. The St. Clair pipelines cross the Canada- United States border from Sarnia, Canada into the United States, underneath the St. Clair River, terminating in Marysville, Michigan. The first two of the St Clair Pipelines were constructed and a permit issued in 1918. The remaining four of the St Clair Pipelines were constructed and a permit issued in 1973. Plains LPG is a Texas limited partnership with its principle place of business at 333 Clay Street, Suite 1600, Houston Texas, 77002. Plains LPG is a subsidiary of Plains All American Pipeline, L.P. (‘‘Plains’’), a publicly traded master limited partnership organized under the laws of the State of Delaware and headquartered in Houston, Texas. Plains LPG acquired the St. Clair Pipelines following the indirect SUMMARY: PO 00000 Frm 00112 Fmt 4703 Sfmt 9990 acquisition of Dome Petroleum LLC (formerly known as Dome Petroleum Corp.) by Plains LPG’s affiliate, Plains Midstream Canada ULC (Plains Midstream). Specifically, Plains Midstream acquired BP Canada Energy Corporation, which owned Dome Petroleum LLC. Immediately following the acquisition by Plains Midstream, Dome Petroleum LLC became Plains Midstream Superior LLC, which subsequently merged with Plains LPG. That acquisition and merger resulted in the allocation and transfer of the St. Clair Pipeline border facilities to Plains LPG. Under E.O. 13337 the Secretary of State is designated and empowered to receive all applications for Presidential Permits for the construction, connection, operation, or maintenance at the borders of the United States, of facilities for the exportation or importation of liquid petroleum, petroleum products, or other nongaseous fuels to or from a foreign country. The Department of State is circulating this application to concerned federal agencies for comment. The Department of State has the responsibility to determine whether issuance of a new Presidential Permit reflecting the change in ownership or control of the St. Clair Pipeline border facilities would be in the U.S. national interest. Interested parties are invited to submit comments not later than 30 days after the publication date of this notice by email to Plainslpgservicespermit@state.gov with regard to whether issuing a new Presidential Permit reflecting the corporate succession and authorizing Plains LPG to operate and maintain the St. Clair Pipeline border facilities would be in the national interest. The application is available at https:// www.state.gov/e/enr/c52945.htm. DATES: FOR FURTHER INFORMATION CONTACT: Office of Energy Diplomacy, Energy Resources Bureau (ENR/EDP/EWA) Department of State 2201 C St. NW Ste 4843 Washington DC 20520 Attn: Michael Brennan Tel: 202–647–7553. Email: brennanmf @state.gov. Dated: November 20, 2012. Douglas R. Kramer, Acting Director, Office of Europe, Western Hemisphere & Africa, Bureau of Energy Resources, U.S. Department of State. [FR Doc. 2012–29377 Filed 12–4–12; 8:45 am] BILLING CODE 4710–09–P E:\FR\FM\05DEN1.SGM 05DEN1

Agencies

[Federal Register Volume 77, Number 234 (Wednesday, December 5, 2012)]
[Notices]
[Page 72430]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-29359]


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SMALL BUSINESS ADMINISTRATION

[License No. 04/04-0315]


Salem Investment Partners III, L.P.; Notice Seeking Exemption 
Under Section 312 of the Small Business Investment Act, Conflicts of 
Interest

    Notice is hereby given that Salem Investment Partners III, L.P., 
1348 Westgate Center Drive, Suite 100, Winston-Salem, NC 27114, a 
Federal Licensee under the Small Business Investment Act of 1958, as 
amended (``the Act''), in connection with the financing of a small 
concern, has sought an exemption under Section 312 of the Act and 
Section 107.730, Financings which Constitute Conflicts of Interest of 
the Small Business Administration (``SBA'') Rules and Regulations (13 
CFR 107.730). Salem Investment Partners III, L.P. proposes to provide 
debt security financing to Industrial Services Group, Inc., 318 Neeley 
Street, Sumter, SC 29150 (``Universal Blastco'').
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Universal Blastco owes a debt obligation to 
Salem Capital Partners, L.P. and Salem Halifax Capital Partners, L.P., 
all Associates of Salem Investment Partners III, L.P., and a part of 
the financing will be used to discharge the obligation. Therefore this 
transaction is considered a financing constituting a conflict of 
interest requiring prior SBA approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street SW., Washington, DC 
20416.

    Dated: November 28, 2012
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2012-29359 Filed 12-4-12; 8:45 am]
BILLING CODE P
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