Joint Development: Proposed Circular, 14620-14622 [2013-05226]

Download as PDF 14620 Federal Register / Vol. 78, No. 44 / Wednesday, March 6, 2013 / Notices (‘‘Air Micronesia’’) (collectively, the ‘‘Joint Applicants’’) notifying the Department of an upcoming corporate name change of Continental to ‘‘United Airlines, Inc.’’, requests reissuance of their certificates of public convenience and necessity and economic and other authorities to reflect this name change, and request that the trade name ‘‘Continental’’ be registered for use in their operations as may be needed during the completion of their merger and integration process. Barbara J. Hairston, Acting Program Manager, Docket Operations, Federal Register Liaison. [FR Doc. 2013–05145 Filed 3–5–13; 8:45 am] BILLING CODE 4910–9X–P DEPARTMENT OF TRANSPORTATION Federal Transit Administration [FTA Docket No. FTA–2003–0014] Notice of Request for the Extension of a Currently Approved Information Collection AGENCY: Federal Transit Administration, DOT. pmangrum on DSK3VPTVN1PROD with NOTICES ACTION: Notice of request for comments. SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this notice announces the intention of the Federal Transit Administration (FTA) to request the Office of Management and Budget (OMB) to extend the following currently approved information collection: 49 U.S.C. 5317—New Freedom Program. DATES: Comments must be submitted before May 6, 2013. ADDRESSES: To ensure that your comments are not entered more than once into the docket, submit comments identified by the docket number by only one of the following methods: 1. Web site: www.regulations.gov. Follow the instructions for submitting comments on the U.S. Government electronic docket site. (Note: The U.S. Department of Transportation’s (DOT’s) electronic docket is no longer accepting electronic comments.) All electronic submissions must be made to the U.S. Government electronic docket site at www.regulations.gov. Commenters should follow the directions below for mailed and hand-delivered comments. 2. Fax: 202–493–2251. 3. Mail: U.S. Department of Transportation, 1200 New Jersey Avenue SE., Docket Operations, M–30, West Building, Ground Floor, Room W12–140, Washington, DC 20590–0001. 4. Hand Delivery: U.S. Department of Transportation, 1200 New Jersey VerDate Mar<15>2010 15:01 Mar 05, 2013 Jkt 229001 Avenue SE., Docket Operations, M–30, West Building, Ground Floor, Room W12–140, Washington, DC 20590–0001 between 9:00 a.m. and 5:00 p.m., Monday through Friday, except federal holidays. Instructions: You must include the agency name and docket number for this notice at the beginning of your comments. Submit two copies of your comments if you submit them by mail. For confirmation that FTA has received your comments, include a selfaddressed stamped postcard. Note that all comments received, including any personal information, will be posted and will be available to Internet users, without change, to www.regulations.gov. You may review DOT’s complete Privacy Act Statement in the Federal Register published April 11, 2000, (65 FR 19477), or you may visit www.regulations.gov. Docket: For access to the docket to read background documents and comments received, go to www.regulations.gov at any time. Background documents and comments received may also be viewed at the U.S. Department of Transportation, 1200 New Jersey Avenue SE., Docket Operations, M–30, West Building, Ground Floor, Room W12–140, Washington, DC 20590–0001 between 9:00 a.m. and 5:00 p.m., Monday through Friday, except federal holidays. FOR FURTHER INFORMATION CONTACT: Mr. Gilbert Williams, FTA Office of Program Management (202) 366–0797, or email: Gilbert.Williams@dot.gov. SUPPLEMENTARY INFORMATION: Interested parties are invited to send comments regarding any aspect of this information collection, including: (1) The necessity and utility of the information collection for the proper performance of the functions of the FTA; (2) the accuracy of the estimated burden; (3) ways to enhance the quality, utility, and clarity of the collected information; and (4) ways to minimize the collection burden without reducing the quality of the collected information. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of this information collection. Title: 49 U.S.C. 5317—New Freedom Program. (OMB Number: 2132–0565). Background: 49 U.S.C. 5317, the New Freedom Program, authorizes the Secretary of Transportation to make grants to states for areas with a population of less than 200,000 and designated recipients in urbanized areas of 200,000 persons or greater to reduce barriers to transportation services and expand the transportation mobility PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 options available to people with disabilities beyond the requirements of the Americans with Disabilities Act (ADA) of 1990. Grant recipients are required to make information available to the public and to publish a program of projects which identifies the subrecipients and projects for which the State or designated recipient is applying for financial assistance. FTA uses the information to determine eligibility for funding and to monitor the grantees’ progress in implementing and completing project activities. FTA collects performance information annually from designated recipients in rural areas, small urbanized areas, other direct recipients for small urbanized areas, and designated recipients in urbanized areas of 200,000 persons or greater. FTA collects milestone and financial status reports from designated recipients in large urbanized areas on a quarterly basis. The information submitted ensures FTA’s compliance with applicable federal laws and OMB Circular A–102. Respondents: State and local government, private non-profit organizations and public transportation authorities. Estimated Annual Burden on Respondents: 251 hours for each of the respondents. Estimated Total Annual Burden: 129,679 hours. Frequency: Annual. Issued: February 28, 2013. Matthew M. Crouch, Deputy Administrator for Administration. [FR Doc. 2013–05144 Filed 3–5–13; 8:45 am] BILLING CODE P DEPARTMENT OF TRANSPORTATION Federal Transit Administration [Docket FTA–2013–0013] Joint Development: Proposed Circular Federal Transit Administration (FTA), DOT. ACTION: Notice of Availability of Proposed Circular and Request for Comments AGENCY: SUMMARY: The Federal Transit Administration (FTA) has placed in the docket and on its web site proposed guidance, in the form of a circular, on joint development. This circular provides guidance to recipients of Federal Transit Administration (FTA) financial assistance on how to use FTA funds or FTA-funded real property for joint development. This circular: (1) Defines the term ‘‘joint development’’; E:\FR\FM\06MRN1.SGM 06MRN1 pmangrum on DSK3VPTVN1PROD with NOTICES Federal Register / Vol. 78, No. 44 / Wednesday, March 6, 2013 / Notices (2) explains how to determine which joint development activities are eligible for FTA funding; (3) describes the legal requirements applicable to the acquisition, use, and disposition of FTA-funded real property; and (4) outlines the most common crosscutting requirements. This circular incorporates provisions of the Moving Ahead for Progress in the 21st Century Act (MAP– 21), Public Law 112–141 (2012), advances the goals of 49 U.S.C. 5315 by informing FTA recipients of opportunities for private sector participation in public transportation projects, and includes the most current guidance for the federal public transportation program. By this notice, FTA invites public comment on this proposed circular. DATES: Comments must be submitted by April 5, 2013. Late-filed comments will be considered to the extent practicable. ADDRESSES: You may submit comments to DOT Docket ID Number FTA–2013– 0013 by any of the following methods: Federal e-Rulemaking Portal: Go to https://www.regulations.gov and follow the online instructions for submitting comments. Mail: Docket Management Facility: U.S. Department of Transportation, 1200 New Jersey Avenue SE., West Building, Ground Floor, Room W12–140, Washington, DC 20590–0001. Hand Delivery or Courier: West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., between 9 a.m. and 5 p.m. Eastern time, Monday through Friday, except Federal holidays. Fax: 202–493–2251. Instructions: You must include the agency name (Federal Transit Administration) and Docket number (FTA–2013–0013) for this notice at the beginning of your comments. You should submit two copies of your comments if you submit them by mail. If you wish to receive confirmation that FTA received your comments, you must include a self-addressed stamped postcard. Note that all comments received will be posted without change to https://www.regulations.gov including any personal information provided and will be available to internet users. You may review DOT’s complete Privacy Act Statement published in the Federal Register on April 11, 2000 (65 FR 19477). Docket: For access to the docket to read background documents and comments received, go to https:// www.regulations.gov at any time or to the U.S. Department of Transportation, 1200 New Jersey Ave. SE., Docket Operations, M–30, West Building Ground Floor, Room W12–140, Washington, DC 20590 between 9:00 VerDate Mar<15>2010 15:01 Mar 05, 2013 Jkt 229001 a.m. and 5:00 p.m., Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: For legal questions, Jayme L. Blakesley, Office of Chief Counsel, 1200 New Jersey Avenue SE., Room E56–316, phone: (202) 366–0304, or email, jayme.blakesley@dot.gov; For program questions, Sharon Pugh, Office of Budget and Policy, Federal Transit Administration, 1200 New Jersey Ave. SE., Room E52–322, Washington, DC 20590, phone: (202) 366–0713, or email, sharon.pugh@dot.gov. SUPPLEMENTARY INFORMATION: I. Introduction It is FTA’s policy to maximize the utility of FTA-funded projects and to encourage transit agencies to generate program income through joint development. The benefits of joint development include revenue generation for the transit system through ‘‘value capture’’ mechanisms, such as income derived from rental or lease payments, and private sector contributions to public infrastructure. Other benefits include shared costs, efficient land use, reduced distance between transportation and other activities, economic development, increased transit ridership, and improved transit connectivity. This proposed circular is intended to guide interested parties through the FTA program and policy requirements that must be considered when pursuing a joint development project. This following is a summary of the proposed circular. The proposed circular itself is not included in this notice; an electronic version may be found on FTA’s Web site at www.fta.dot.gov or on the Docket at www.regulations.gov (Docket No. FTA– 2013–0013). Paper copies of the proposed circular may be obtained by contacting FTA’s Administrative Services Help Desk at (202) 366–4865. FTA seeks comment on the proposed circular. II. Chapter Summary A. Chapter I—Introduction and Background Chapter I is an introductory chapter. It defines terms used throughout the proposed circular, provides a brief background of FTA’s authorizing legislation, the effect of the circular, and instructions for how to contact FTA. B. Chapter II—Circular Overview Chapter II introduces the substance of the proposed circular. It describes joint development as a concept and lists several elements of a joint development PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 14621 capital project, including the funding sources, project eligibility criteria, crosscutting requirements, and restrictions on the use of real property acquired with federal assistance. The real property section includes discussion on the requirements for real property acquisition, satisfactory continuing control, incidental use, and disposition. C. Chapter III—FTA Assistance for Planning and Capital Projects Chapter III describes the eligibility requirements for an FTA-funded joint development capital project or planning activity. FTA planning grants are available to assist states, metropolitan planning organizations, local governments, and others to plan transportation projects, including joint developments. FTA program funds may be used to support capital projects. The Moving Ahead for Progress in the Twenty First Century Act (MAP–21), Public Law 112–141, provides the most recent authorization for FTA’s programs. MAP–21 explicitly includes joint development within the definition of capital project. The proposed circular describes the MAP–21 provisions on joint development and explains each element of the statutory eligibility criteria. Chapter III is based on previously published guidance on the eligibility of joint development activities for FTA funding. 72 FR 5788 (Feb. 7, 2007). D. Chapter IV—Real Property Considerations Chapter IV reviews the requirements applicable to the acquisition, use, and disposition of real property acquired with FTA funds. Chapter IV gives special attention to circumstances that are most likely to be part of a joint development project. For example, Chapter IV discusses subordination of the federal government’s unrecorded interest in real property, the incidental use of real property for non-transit purposes, and the maintenance of satisfactory continuing control of real property in the context of a joint development project. E. Chapter V—Crosscutting Federal Requirements Chapter V reviews federal requirements that are not unique to public transportation projects, but which have application to all federally assisted projects, including joint development projects funded by FTA. E:\FR\FM\06MRN1.SGM 06MRN1 14622 Federal Register / Vol. 78, No. 44 / Wednesday, March 6, 2013 / Notices III. Request for Comments and Examples In addition to general comments about the proposed circular, FTA invites comments on the following topics specifically: Currently, the proposed circular does not expressly define the term ‘‘fair share of revenue’’ and does not set a monetary threshold for the same. Instead, FTA proposes to reserve the right to decline funding for a joint development project if the project does not generate a meaningful amount of revenue. FTA seeks comment on how it should assess whether a project generates a ‘‘fair share of revenue,’’ including any measures or criteria FTA should use. The proposed circular does not yet include a chapter on the process FTA will follow to review and approve or concur in a joint development project. Before drafting this chapter, FTA seeks comment from its stakeholders. After considering comments, FTA intends to include a chapter on FTA’s review process in the final version of the proposed circular. FTA requests the submission of examples that illustrate the many issues that arise in joint development projects. Issued in Washington, DC, this 27th day of February, 2013. Peter Rogoff, Administrator. [FR Doc. 2013–05226 Filed 3–5–13; 8:45 am] BILLING CODE P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. AB 6 (Sub-No. 487X)] pmangrum on DSK3VPTVN1PROD with NOTICES BNSF Railway Company— Abandonment Exemption—in Cook County, Ill. BNSF Railway Company (BNSF) has filed a verified notice of exemption under 49 CFR part 1152 subpart F– Exempt Abandonments to abandon approximately 1.1 miles of rail line in Chicago, in Cook County, Ill., as follows: (1) Approximately 0.50 miles of track (Sangamon Street Line) from south of Western Avenue Yard at 16th Street (Station 186+79), extending to the red board south of Cullerton Street (Station 163+50); and (2) approximately 0.60 miles of track (Lumber Street Line) from West Cermak Road at the Colonial Brick switch (Station 157+65), extending to the end of the line on Lumber Street (Station 197+81). The line traverses United States Postal Service Zip Codes 60608 and 60616. VerDate Mar<15>2010 19:56 Mar 05, 2013 Jkt 229001 BNSF has certified that: (1) No local traffic has moved over the line for at least two years; (2) there is no overhead traffic on the line; (3) no formal complaint filed by a user of rail service on the line (or by a state or local government entity acting on behalf of such user) regarding cessation of service over the line either is pending with the Surface Transportation Board or with any U.S. District Court or has been decided in favor of complainant within the two-year period; and (4) the requirements at 49 CFR 1105.7(c) (environmental report), 49 CFR 1105.11 (transmittal letter), 49 CFR 1105.12 (newspaper publication), and 49 CFR 1152.50(d)(1) (notice to governmental agencies) have been met. As a condition to this exemption, any employee adversely affected by the abandonment shall be protected under Oregon Short Line Railroad— Abandonment Portion Goshen Branch Between Firth & Ammon, in Bingham & Bonneville Counties, Idaho, 360 I.C.C. 91 (1979). To address whether this condition adequately protects affected employees, a petition for partial revocation under 49 U.S.C. 10502(d) must be filed. Provided no formal expression of intent to file an offer of financial assistance (OFA) has been received, this exemption will be effective on April 5, 2013, unless stayed pending reconsideration. Petitions to stay that do not involve environmental issues,1 formal expressions of intent to file an OFA under 49 CFR 1152.27(c)(2),2 and trail use/rail banking requests under 49 CFR 1152.29 must be filed by March 18, 2013. Petitions to reopen or requests for public use conditions under 49 CFR 1152.28 must be filed by March 26, 2013, with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. A copy of any petition filed with the Board should be sent to BNSF’s representative: Karl Morell, BALL JANIK LLP, Suite 225, 655 Fifteenth Street NW., Washington, DC 20005. If the verified notice contains false or misleading information, the exemption is void ab initio. 1 The Board will grant a stay if an informed decision on environmental issues (whether raised by a party or by the Board’s Office of Environmental Analysis (OEA) in its independent investigation) cannot be made before the exemption’s effective date. See Exemption of Out-of-Serv. Rail Lines, 5 I.C.C. 2d 377 (1989). Any request for a stay should be filed as soon as possible so that the Board may take appropriate action before the exemption’s effective date. 2 Each OFA must be accompanied by the filing fee, which is currently set at $1,600. See 49 CFR 1002.2(f)(25). PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 BNSF has filed environmental and historic reports that address the effects, if any, of the abandonment on the environment and historic resources. OEA will issue an environmental assessment (EA) by March 11, 2013. Interested persons may obtain a copy of the EA by writing to OEA (Room 1100, Surface Transportation Board, Washington, DC 20423–0001) or by calling OEA at (202) 245–0305. Assistance for the hearing impaired is available through the Federal Information Relay Service at (800) 877– 8339. Comments on environmental and historic preservation matters must be filed within 15 days after the EA becomes available to the public. Environmental, historic preservation, public use, or trail use/rail banking conditions will be imposed, where appropriate, in a subsequent decision. Pursuant to the provisions of 49 CFR 1152.29(e)(2), BNSF shall file a notice of consummation with the Board to signify that it has exercised the authority granted and fully abandoned the line. If consummation has not been effected by BNSF’s filing of a notice of consummation by March 6, 2014, and there are no legal or regulatory barriers to consummation, the authority to abandon will automatically expire. Board decisions and notices are available on our Web site at ‘‘www.stb.dot.gov.’’ Decided: March 1, 2013. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Raina S. White, Clearance Clerk. [FR Doc. 2013–05175 Filed 3–5–13; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of 1 Individual Pursuant to Executive Order 13224 of September 23, 2001, ‘‘Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism’’ Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: ————————— The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of 1 individual whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ‘‘Blocking Property and Prohibiting Transactions With Persons SUMMARY: E:\FR\FM\06MRN1.SGM 06MRN1

Agencies

[Federal Register Volume 78, Number 44 (Wednesday, March 6, 2013)]
[Notices]
[Pages 14620-14622]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-05226]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Federal Transit Administration

[Docket FTA-2013-0013]


Joint Development: Proposed Circular

AGENCY: Federal Transit Administration (FTA), DOT.

ACTION: Notice of Availability of Proposed Circular and Request for 
Comments

-----------------------------------------------------------------------

SUMMARY: The Federal Transit Administration (FTA) has placed in the 
docket and on its web site proposed guidance, in the form of a 
circular, on joint development. This circular provides guidance to 
recipients of Federal Transit Administration (FTA) financial assistance 
on how to use FTA funds or FTA-funded real property for joint 
development. This circular: (1) Defines the term ``joint development'';

[[Page 14621]]

(2) explains how to determine which joint development activities are 
eligible for FTA funding; (3) describes the legal requirements 
applicable to the acquisition, use, and disposition of FTA-funded real 
property; and (4) outlines the most common crosscutting requirements. 
This circular incorporates provisions of the Moving Ahead for Progress 
in the 21st Century Act (MAP-21), Public Law 112-141 (2012), advances 
the goals of 49 U.S.C. 5315 by informing FTA recipients of 
opportunities for private sector participation in public transportation 
projects, and includes the most current guidance for the federal public 
transportation program. By this notice, FTA invites public comment on 
this proposed circular.

DATES: Comments must be submitted by April 5, 2013. Late-filed comments 
will be considered to the extent practicable.

ADDRESSES: You may submit comments to DOT Docket ID Number FTA-2013-
0013 by any of the following methods:
    Federal e-Rulemaking Portal: Go to https://www.regulations.gov and 
follow the online instructions for submitting comments.
    Mail: Docket Management Facility: U.S. Department of 
Transportation, 1200 New Jersey Avenue SE., West Building, Ground 
Floor, Room W12-140, Washington, DC 20590-0001.
    Hand Delivery or Courier: West Building Ground Floor, Room W12-140, 
1200 New Jersey Avenue SE., between 9 a.m. and 5 p.m. Eastern time, 
Monday through Friday, except Federal holidays.
    Fax: 202-493-2251.
    Instructions: You must include the agency name (Federal Transit 
Administration) and Docket number (FTA-2013-0013) for this notice at 
the beginning of your comments. You should submit two copies of your 
comments if you submit them by mail. If you wish to receive 
confirmation that FTA received your comments, you must include a self-
addressed stamped postcard. Note that all comments received will be 
posted without change to https://www.regulations.gov including any 
personal information provided and will be available to internet users. 
You may review DOT's complete Privacy Act Statement published in the 
Federal Register on April 11, 2000 (65 FR 19477). Docket: For access to 
the docket to read background documents and comments received, go to 
https://www.regulations.gov at any time or to the U.S. Department of 
Transportation, 1200 New Jersey Ave. SE., Docket Operations, M-30, West 
Building Ground Floor, Room W12-140, Washington, DC 20590 between 9:00 
a.m. and 5:00 p.m., Monday through Friday, except Federal holidays.

FOR FURTHER INFORMATION CONTACT: For legal questions, Jayme L. 
Blakesley, Office of Chief Counsel, 1200 New Jersey Avenue SE., Room 
E56-316, phone: (202) 366-0304, or email, jayme.blakesley@dot.gov; For 
program questions, Sharon Pugh, Office of Budget and Policy, Federal 
Transit Administration, 1200 New Jersey Ave. SE., Room E52-322, 
Washington, DC 20590, phone: (202) 366-0713, or email, 
sharon.pugh@dot.gov.

SUPPLEMENTARY INFORMATION:

I. Introduction

    It is FTA's policy to maximize the utility of FTA-funded projects 
and to encourage transit agencies to generate program income through 
joint development. The benefits of joint development include revenue 
generation for the transit system through ``value capture'' mechanisms, 
such as income derived from rental or lease payments, and private 
sector contributions to public infrastructure. Other benefits include 
shared costs, efficient land use, reduced distance between 
transportation and other activities, economic development, increased 
transit ridership, and improved transit connectivity.
    This proposed circular is intended to guide interested parties 
through the FTA program and policy requirements that must be considered 
when pursuing a joint development project.
    This following is a summary of the proposed circular. The proposed 
circular itself is not included in this notice; an electronic version 
may be found on FTA's Web site at www.fta.dot.gov or on the Docket at 
www.regulations.gov (Docket No. FTA-2013-0013). Paper copies of the 
proposed circular may be obtained by contacting FTA's Administrative 
Services Help Desk at (202) 366-4865. FTA seeks comment on the proposed 
circular.

II. Chapter Summary

A. Chapter I--Introduction and Background

    Chapter I is an introductory chapter. It defines terms used 
throughout the proposed circular, provides a brief background of FTA's 
authorizing legislation, the effect of the circular, and instructions 
for how to contact FTA.

B. Chapter II--Circular Overview

    Chapter II introduces the substance of the proposed circular. It 
describes joint development as a concept and lists several elements of 
a joint development capital project, including the funding sources, 
project eligibility criteria, crosscutting requirements, and 
restrictions on the use of real property acquired with federal 
assistance. The real property section includes discussion on the 
requirements for real property acquisition, satisfactory continuing 
control, incidental use, and disposition.

C. Chapter III--FTA Assistance for Planning and Capital Projects

    Chapter III describes the eligibility requirements for an FTA-
funded joint development capital project or planning activity.
    FTA planning grants are available to assist states, metropolitan 
planning organizations, local governments, and others to plan 
transportation projects, including joint developments.
    FTA program funds may be used to support capital projects. The 
Moving Ahead for Progress in the Twenty First Century Act (MAP-21), 
Public Law 112-141, provides the most recent authorization for FTA's 
programs. MAP-21 explicitly includes joint development within the 
definition of capital project. The proposed circular describes the MAP-
21 provisions on joint development and explains each element of the 
statutory eligibility criteria. Chapter III is based on previously 
published guidance on the eligibility of joint development activities 
for FTA funding. 72 FR 5788 (Feb. 7, 2007).

D. Chapter IV--Real Property Considerations

    Chapter IV reviews the requirements applicable to the acquisition, 
use, and disposition of real property acquired with FTA funds. Chapter 
IV gives special attention to circumstances that are most likely to be 
part of a joint development project. For example, Chapter IV discusses 
subordination of the federal government's unrecorded interest in real 
property, the incidental use of real property for non-transit purposes, 
and the maintenance of satisfactory continuing control of real property 
in the context of a joint development project.

E. Chapter V--Crosscutting Federal Requirements

    Chapter V reviews federal requirements that are not unique to 
public transportation projects, but which have application to all 
federally assisted projects, including joint development projects 
funded by FTA.

[[Page 14622]]

III. Request for Comments and Examples

    In addition to general comments about the proposed circular, FTA 
invites comments on the following topics specifically:
    Currently, the proposed circular does not expressly define the term 
``fair share of revenue'' and does not set a monetary threshold for the 
same. Instead, FTA proposes to reserve the right to decline funding for 
a joint development project if the project does not generate a 
meaningful amount of revenue. FTA seeks comment on how it should assess 
whether a project generates a ``fair share of revenue,'' including any 
measures or criteria FTA should use.
    The proposed circular does not yet include a chapter on the process 
FTA will follow to review and approve or concur in a joint development 
project. Before drafting this chapter, FTA seeks comment from its 
stakeholders. After considering comments, FTA intends to include a 
chapter on FTA's review process in the final version of the proposed 
circular.
    FTA requests the submission of examples that illustrate the many 
issues that arise in joint development projects.

    Issued in Washington, DC, this 27th day of February, 2013.
Peter Rogoff,
Administrator.
[FR Doc. 2013-05226 Filed 3-5-13; 8:45 am]
BILLING CODE P

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