Change in Discount Rate for Water Resources Planning, 16706 [2013-06177]

Download as PDF 16706 Federal Register / Vol. 78, No. 52 / Monday, March 18, 2013 / Notices Sacramento River on the northern side of the Riparian Sanctuary. The dike field would extend about 2,000 feet in length. The dikes would be spaced 225 feet apart, and each dike would extend 75 feet into the river. Restoration activities on the Riparian Sanctuary would consist of site-specific plantings across 400 acres of the site. Restoration activities would include preparing the site, planting native plants, irrigating plants for the first 3 years, and monitoring and managing the restored area. pmangrum on DSK3VPTVN1PROD with NOTICES Alternative 3: Traditional Riprap and Site-Specific Plantings Under Alternative 3, bank protection measures would consist of installing riprap with or without a low berm along the Sacramento River on the northern side of the Riparian Sanctuary. Riprap revetment would be installed from the end of the existing riprap upstream for 2,500 to 2,700 feet, to a point almost directly across from the pumping plant and fish screen facility, to protect the riverbank from further erosion. In addition to the site-specific plantings described under Alternative 2, revegetation is proposed on both the bank and low berm areas under this alternative. Alternative 4: Traditional Riprap With Upstream Rock Removal and SiteSpecific Plantings Under Alternative 4, bank protection measures would consist of installing riprap with or without a low berm along the Sacramento River on the north side of the Riparian Sanctuary as described in Alternative 3, including revegetation on both the bank and low berm. Riparian restoration would take place as described in Alternative 2. In addition, under Alternative 4, we proposed to remove approximately 2,300 linear feet of upstream bank revetment on Stateand Service-managed lands along the north side of the peninsula upstream of the Riparian Sanctuary. Removal of the revetment would encourage a natural progression of streambank erosion, and the eventual cutoff of an oxbow. This cut off would allow the river to flow parallel to the pumping plant and fish screen facility, which is the desired alignment for the fish screen to properly function. Installing traditional riprap on the northern side of the Riparian Sanctuary would hold the river in place to prevent it from migrating further east, away from the facility. Following public review of the Draft EIS/EIR, the Service and CDFG, in coordination with PCGID–PID, river Partners, and the design engineers, identified the preferred alternative, VerDate Mar<14>2013 15:16 Mar 15, 2013 Jkt 229001 which is based on a combination of the features of Alternative 4. Preferred Alternative: The preferred alternative includes installation of traditional riprap on the northwest bank of the Riparian Sanctuary, including a low berm along the gravel bar and a toe trench just off the gravel bar; removal of upstream rock; and site-specific plantings on the Riparian Sanctuary. The upstream rock removal and sitespecific plantings would be the same as described for Alternative 4 in the Draft EIS/EIR. The traditional riprap was designed to incorporate the beneficial features of both the low-berm and noberm options described in Alternative 4. The traditional riprap without a berm would be located in areas where the channel would be affected to reduce the footprint, and a low berm would be located across the gravel bar and would be planted with native trees, sedges, and grasses, along with large woody debris to provide immediate fish habitat. The traditional riprap under the preferred alternative would involve less excavation than the no-berm option and have a smaller footprint than the lowberm option, resulting in less riprap placement in the Sacramento River. It would incorporate the key benefit of the low-berm option by providing a planting surface for native vegetation. National Environmental Policy Act Compliance We will make a decision no sooner than 30 days after the publication of the final EIS/EIR. We anticipate issuing a Record of Decision in the summer of 2013. We provide this notice under regulations in the Code of Federal Regulations (CFR) for implementing the National Environmental Policy Act (40 CFR 1506.6). Alexandra Pitts, Acting, Regional Director, Pacific Southwest Region. [FR Doc. 2013–06178 Filed 3–15–13; 8:45 am] BILLING CODE 4310–55–P DEPARTMENT OF THE INTERIOR discount rate for Federal water resources planning. The discount rate for Federal water resources planning for fiscal year 2013 is 3.75 percent. Discounting is to be used to convert future monetary values to present values. This discount rate is to be used for the period October 1, 2012, through and including September 30, 2013. DATES: FOR FURTHER INFORMATION CONTACT: Michelle Kelly, Water and Environmental Resources Division, Denver, Colorado 80225; telephone: 303–445–2888. Notice is hereby given that the interest rate to be used by Federal agencies in the formulation and evaluation of plans for water and related land resources is 3.75 percent for fiscal year 2013. This rate has been computed in accordance with Section 80(a), Public Law 93–251 (88 Stat. 34) and 18 CFR 704.39, which: (1) Specify that the rate will be based upon the average yield during the preceding fiscal year on interest-bearing marketable securities of the United States which, at the time the computation is made, have terms of 15 years or more remaining to maturity (average yield is rounded to nearest oneeighth percent); and (2) provide that the rate will not be raised or lowered more than one-quarter of 1 percent for any year. The U.S. Department of the Treasury calculated the specified average to be 2.6948 percent. This decrease is greater than the one-quarter of 1 percent allowed. Therefore; based on the fiscal year 2012 rate of 4 percent, the fiscal year 2013 rate is 3.75 percent. The rate of 3.75 percent will be used by all Federal agencies in the formulation and evaluation of water and related land resources plans for the purpose of discounting future benefits and computing costs or otherwise converting benefits and costs to a common-time basis. SUPPLEMENTARY INFORMATION: Bureau of Reclamation Dated: March 11, 2013. Richard W. Rizzi, Acting Director, Policy and Administration. Change in Discount Rate for Water Resources Planning [FR Doc. 2013–06177 Filed 3–15–13; 8:45 am] AGENCY: BILLING CODE 4310–MN–P Bureau of Reclamation, Interior. Notice of change. ACTION: The Water Resources Planning Act of 1965 and the Water Resources Development Act of 1974 require an annual determination of a SUMMARY: PO 00000 Frm 00060 Fmt 4703 Sfmt 9990 E:\FR\FM\18MRN1.SGM 18MRN1

Agencies

[Federal Register Volume 78, Number 52 (Monday, March 18, 2013)]
[Notices]
[Page 16706]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-06177]


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DEPARTMENT OF THE INTERIOR

Bureau of Reclamation


Change in Discount Rate for Water Resources Planning

AGENCY: Bureau of Reclamation, Interior.

ACTION: Notice of change.

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SUMMARY: The Water Resources Planning Act of 1965 and the Water 
Resources Development Act of 1974 require an annual determination of a 
discount rate for Federal water resources planning. The discount rate 
for Federal water resources planning for fiscal year 2013 is 3.75 
percent. Discounting is to be used to convert future monetary values to 
present values.

DATES: This discount rate is to be used for the period October 1, 2012, 
through and including September 30, 2013.

FOR FURTHER INFORMATION CONTACT: Michelle Kelly, Water and 
Environmental Resources Division, Denver, Colorado 80225; telephone: 
303-445-2888.

SUPPLEMENTARY INFORMATION: Notice is hereby given that the interest 
rate to be used by Federal agencies in the formulation and evaluation 
of plans for water and related land resources is 3.75 percent for 
fiscal year 2013.
    This rate has been computed in accordance with Section 80(a), 
Public Law 93-251 (88 Stat. 34) and 18 CFR 704.39, which: (1) Specify 
that the rate will be based upon the average yield during the preceding 
fiscal year on interest-bearing marketable securities of the United 
States which, at the time the computation is made, have terms of 15 
years or more remaining to maturity (average yield is rounded to 
nearest one-eighth percent); and (2) provide that the rate will not be 
raised or lowered more than one-quarter of 1 percent for any year. The 
U.S. Department of the Treasury calculated the specified average to be 
2.6948 percent. This decrease is greater than the one-quarter of 1 
percent allowed. Therefore; based on the fiscal year 2012 rate of 4 
percent, the fiscal year 2013 rate is 3.75 percent.
    The rate of 3.75 percent will be used by all Federal agencies in 
the formulation and evaluation of water and related land resources 
plans for the purpose of discounting future benefits and computing 
costs or otherwise converting benefits and costs to a common-time 
basis.

    Dated: March 11, 2013.
Richard W. Rizzi,
Acting Director, Policy and Administration.
[FR Doc. 2013-06177 Filed 3-15-13; 8:45 am]
BILLING CODE 4310-MN-P