Presidential Declaration of a Major Disaster for Public Assistance Only for the U.S. Virgin Islands, 48144-48145 [2017-22332]

Download as PDF 48144 Federal Register / Vol. 82, No. 198 / Monday, October 16, 2017 / Notices For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.27 Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–22264 Filed 10–13–17; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION Changes to SBA Secondary Market Program U.S. Small Business Administration (‘‘SBA’’). ACTION: Notice. AGENCY: The purpose of this Notice is to provide the public with notification of a procedural change in SBA’s Secondary Market Pooling program. This change involves the pass through of principal payments to Registered Holders of Pool Certificates resulting from Pool loan prepayments. DATES: The change referenced in this Notice affects all outstanding Pools issued between October 1, 2004, and on or about September 1, 2017. The change will be incorporated into payments made to Registered Holders of Pool Certificates before the end of the calendar year. FOR FURTHER INFORMATION CONTACT: John M. Wade, Chief, Secondary Market Division, U.S. Small Business Administration, 409 3rd Street SW., Washington, DC 20416, or john.wade@ sba.gov. SUMMARY: The Secondary Market Improvements Act of 1984 authorized SBA to guaranty the timely payment of principal and interest on Pool Certificates. A Pool Certificate represents a fractional undivided interest in a ‘‘Pool,’’ which is an aggregation of SBA guaranteed portions of loans made by SBA Lenders under section 7(a) of the Small Business Act, 15 U.S.C. 636(a). In order to support the timely payment guaranty requirement, SBA established the Master Reserve Fund (‘‘MRF’’), which serves as a mechanism to cover the cost of SBA’s timely payment guaranty on Pool Certificates. Pool payments to Registered Holders of Pool Certificates are made monthly and consist of scheduled payments of pool principal and interest. The payments may also include a return of pool principal from full or partial prepayments of pool loans prior to the Pool maturity date. Principal from these prepayments are passed through to ethrower on DSK3G9T082PROD with NOTICES SUPPLEMENTARY INFORMATION: 27 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 16:59 Oct 13, 2017 Jkt 244001 Registered Holders of Pool Certificates, but the amounts may vary based on amortization excess associated with the prepaid loan. Amortization excess represents that portion of the outstanding principal balance of a Pool allocated to a particular pool loan compared to the actual loan principal balance outstanding at the time the loan is prepaid. Amortization excess may include differences attributed to principal prepayments on a pool loan that is less than or equal to 20% of the outstanding principal balance. Borrower payments of loan principal made up to the date of prepayment are based on the amortization schedule of the borrower’s Note, but paid to Registered Holders of Pool Certificates based on the amortization schedule of the Pool. This variance comes from differences in interest rates and maturity dates of the pool loan compared with the Pool Certificate. On September 21, 2004, SBA issued Notice of a Change in the SBA Secondary Market Program (and referenced herein as the ‘‘2004 Notice’’). 69 FR 56472. This 2004 Notice described program changes made to all Pools formed on or after October 1, 2004 including the disposition of amortization excess. Prior to October 1, 2004, SBA spread the amortization excess from prepaid loans over the remaining life of the Pool. In the 2004 Notice, SBA revised the program to pass through amortization excess once a pool loan is prepaid. In certain circumstances, however, amortization excess resulted in a reduction in the amount of a principal passed through to Registered Holders of Pool Certificates, with the retained principal remaining in the MRF to be paid out through scheduled principal payments until the Pool matures, or as all pool loans are fully paid. In order to improve the efficiency of the program, SBA is implementing a procedural change that will adjust the timing of certain principal distributions from the MRF. For Pools formed between October 1, 2004 and on or about September 1, 2017 with pool loans remaining, SBA will reallocate the outstanding Pool balances pro rata across the remaining pool loan principal within a Pool. When a pool loan subsequently prepays in full, payments to Registered Holders of Pool Certificates may include retained principal in addition to the scheduled payments of pool principal, interest and related prepayments. This change will be incorporated, as needed, into the SBA Secondary Market Program Guide, PO 00000 Frm 00095 Fmt 4703 Sfmt 4703 and all other appropriate SBA Secondary Market materials. It is important to note that there is no change to SBA’s obligation to honor its guaranty of the amount owed to Registered Holders of Pool Certificates and that such guaranty continues to be backed by the full faith and credit of the United States. Authority: 15 U.S.C. 634(g)(2). William M. Manger, Associate Administrator, Office of Capital Access. [FR Doc. 2017–22466 Filed 10–13–17; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15342 and #15343; US VIRGIN ISLANDS Disaster Number VI– 00012] Presidential Declaration of a Major Disaster for Public Assistance Only for the U.S. Virgin Islands U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the US Virgin Islands (FEMA–4340– DR), dated 10/05/2017. Incident: Hurricane Maria. Incident Period: 09/16/2017 and continuing. DATES: Issued on 10/05/2017. Physical Loan Application Deadline Date: 12/04/2017. Economic Injury (EIDL) Loan Application Deadline Date: 07/05/2018. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416, (202) 205–6734. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the President’s major disaster declaration on 10/05/2017, Private Non-Profit organizations that provide essential services of a governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Counties: Saint Croix, Saint John, Saint Thomas. SUMMARY: E:\FR\FM\16OCN1.SGM 16OCN1 Federal Register / Vol. 82, No. 198 / Monday, October 16, 2017 / Notices The Interest Rates are: For Physical Damage: Non-Profit Organizations with Credit Available Elsewhere ... Non-Profit Organizations without Credit Available Elsewhere ..................................... For Economic Injury: Non-Profit Organizations without Credit Available Elsewhere ..................................... include the following areas as adversely affected by the disaster. Percent Primary Counties: Alachua, Bradford, Brevard, Desoto, Dixie, Gilchrist, Hardee, Highlands, Indian River, Jefferson, Lafayette, Lake, Leon, 2.500 Levy, Marion, Martin, Okeechobee, Orange, Osceola, Saint Lucie, Seminole, Sumter, Taylor, Union, 2.500 Volusia, Wakulla. All other information in the original declaration remains unchanged. 2.500 The number assigned to this disaster for physical damage is 153428 and for economic injury is 153430. (Catalog of Federal Domestic Assistance Number 59008) (Catalog of Federal Domestic Assistance Number 59008) Rafaela Monchek, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2017–22331 Filed 10–13–17; 8:45 am] Rafaela Monchek, Acting Associate Administrator for Disaster Assistance. 48145 985; 22 U.S.C. 2459), E.O. 12047 of March 27, 1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112 Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of Authority No. 234 of October 1, 1999, Delegation of Authority No. 236–3 of August 28, 2000 (and, as appropriate, Delegation of Authority No. 257–1 of December 11, 2015). I have ordered that Public Notice of these determinations be published in the Federal Register. Alyson Grunder, Deputy Assistant Secretary for Policy, Bureau of Educational and Cultural Affairs, Department of State. [FR Doc. 2017–22322 Filed 10–13–17; 8:45 am] BILLING CODE 4710–05–P BILLING CODE 8025–01–P DEPARTMENT OF STATE [FR Doc. 2017–22332 Filed 10–13–17; 8:45 am] DEPARTMENT OF STATE [Public Notice: 10164] BILLING CODE 8025–01–P [Public Notice: 10161] U.S. Department of State Advisory Committee on Private International Law (ACPIL): Public Meeting on Online Dispute Resolution SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15324 and #15325; Florida Disaster Number FL–00131] Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Florida U.S. Small Business Administration. ACTION: Amendment 1. AGENCY: This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Florida (FEMA–4337–DR), dated 09/21/2017. Incident: Hurricane Irma. Incident Period: 09/04/2017 and continuing. SUMMARY: Issued on 10/05/2017. Physical Loan Application Deadline Date: 11/20/2017. Economic Injury (EIDL) Loan Application Deadline Date: 06/21/2018. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416, (202) 205–6734. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of FLORIDA, dated 09/21/2017, is hereby amended to ethrower on DSK3G9T082PROD with NOTICES DATES: VerDate Sep<11>2014 16:59 Oct 13, 2017 Jkt 244001 Notice of Determinations: Culturally Significant Objects Imported for Exhibition Determinations: ‘‘Veiled Meanings: Fashioning Jewish Dress From the Collection of The Israel Museum, Jerusalem’’ Exhibition Notice is hereby given of the following determinations: I hereby determine that certain objects to be included in the exhibition ‘‘Veiled Meanings: Fashioning Jewish Dress from the Collection of The Israel Museum, Jerusalem,’’ imported from abroad for temporary exhibition within the United States, are of cultural significance. The objects are imported pursuant to a loan agreement with the foreign owner or custodian. I also determine that the exhibition or display of the exhibit objects at The Jewish Museum, New York, New York, from on or about November 3, 2017, until on or about March 18, 2018, at The Contemporary Jewish Museum, San Francisco, California, from on or about August 30, 2018, until on or about January 6, 2019, and at possible additional exhibitions or venues yet to be determined, is in the national interest. FOR FURTHER INFORMATION CONTACT: For further information, including a list of the imported objects, contact Elliot Chiu in the Office of the Legal Adviser, U.S. Department of State (telephone: 202– 632–6471; email: section2459@ state.gov). The mailing address is U.S. Department of State, L/PD, SA–5, Suite 5H03, Washington, DC 20522–0505. SUPPLEMENTARY INFORMATION: The foregoing determinations were made pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. SUMMARY: PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 The Office of the Assistant Legal Adviser for Private International Law, Department of State, hereby gives notice that the ACPIL will hold a public meeting to discuss a pending proposal on online dispute resolution in the Asia Pacific Economic Cooperation forum (APEC). This is not a meeting of the full Advisory Committee. In February 2017, the APEC Economic Committee endorsed a work plan on the development of an APEC-wide cooperative framework for ODR for Micro, Small, and Medium Sized Enterprises (MSMEs) in business-tobusiness (b2b) cross border transactions. The proposal is currently co-sponsored by fourteen member economies. MSMEs have gained unprecedented access to international trade via the global supply chain and cross-border ecommerce, but to effectively reach global markets these businesses need a legal environment which enables the quick resolution of disputes and creates confidence in cross-border e-commerce. The use of ODR could be an effective means to solve this problem. ODR is a way of resolving disputes using traditional methods such as negotiation, mediation, and arbitration, but with the help of technology and without the need for a physical presence at a meeting or hearing. At its most recent meeting in August 2017, the APEC Economic Committee endorsed a revised work plan on ODR that includes inter alia ‘‘build[ing] a pilot in conjunction with platform host/ ODR provider via outreach to regional E:\FR\FM\16OCN1.SGM 16OCN1

Agencies

[Federal Register Volume 82, Number 198 (Monday, October 16, 2017)]
[Notices]
[Pages 48144-48145]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22332]


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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration #15342 and #15343; US VIRGIN ISLANDS Disaster 
Number VI-00012]


Presidential Declaration of a Major Disaster for Public 
Assistance Only for the U.S. Virgin Islands

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

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

SUMMARY: This is a Notice of the Presidential declaration of a major 
disaster for Public Assistance Only for the US Virgin Islands (FEMA-
4340-DR), dated 10/05/2017.
    Incident: Hurricane Maria.
    Incident Period: 09/16/2017 and continuing.

DATES: Issued on 10/05/2017.
    Physical Loan Application Deadline Date: 12/04/2017.
    Economic Injury (EIDL) Loan Application Deadline Date: 07/05/2018.

ADDRESSES: Submit completed loan applications to: U.S. Small Business 
Administration, Processing and Disbursement Center, 14925 Kingsport 
Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT:  A. Escobar, Office of Disaster 
Assistance, U.S. Small Business Administration, 409 3rd Street SW., 
Suite 6050, Washington, DC 20416, (202) 205-6734.

SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of 
the President's major disaster declaration on 10/05/2017, Private Non-
Profit organizations that provide essential services of a governmental 
nature may file disaster loan applications at the address listed above 
or other locally announced locations.
    The following areas have been determined to be adversely affected 
by the disaster:

Primary Counties: Saint Croix, Saint John, Saint Thomas.


[[Page 48145]]


    The Interest Rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
For Physical Damage:
  Non-Profit Organizations with Credit Available Elsewhere...      2.500
  Non-Profit Organizations without Credit Available Elsewhere      2.500
For Economic Injury:
  Non-Profit Organizations without Credit Available Elsewhere      2.500
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 153428 
and for economic injury is 153430.

(Catalog of Federal Domestic Assistance Number 59008)

Rafaela Monchek,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 2017-22332 Filed 10-13-17; 8:45 am]
 BILLING CODE 8025-01-P
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