Notice of Release of Land Affecting Federal Grant Assurance Obligations at Salinas Municipal Airport, Salinas, Monterey County, California, 34799 [2020-12129]

Download as PDF Federal Register / Vol. 85, No. 110 / Monday, June 8, 2020 / Notices B. Technical Amendments to Exclusions Subparagraph A of the Annex makes one technical amendment to U.S. note 20(q)(131) to subchapter III of chapter 99 of the HTSUS, as set out in the Annex of the notice published at 84 FR 49564 (September 20, 2019). The U.S. Trade Representative will continue to issue determinations on a periodic basis as needed. Annex A. Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on July 6, 2018: 1. U.S. note 20(q)(131) to subchapter III of chapter 99 of the Harmonized Tariff Schedule of the United States is modified by deleting ‘‘each valued over $20 but not over $35’’ and inserting ‘‘each valued not over $35’’ in lieu thereof. Joseph Barloon, General Counsel, Office of the United States Trade Representative. [FR Doc. 2020–12318 Filed 6–5–20; 8:45 am] BILLING CODE 3290–F0–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration khammond on DSKJM1Z7X2PROD with NOTICES Jkt 250001 BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Notice and request for information. SUMMARY: The Community Development Financial Institutions Fund (CDFI Fund), Department of the Treasury, requests comments from the public to gain a better understanding of how Community Development Financial Institutions (CDFIs) treat equity investments in their organizations to help inform policy decisions regarding the CDFI Fund’s management and oversight of its investment portfolio. DATES: Written comments must be received on or before July 8, 2020 to be assured of consideration. ADDRESSES: Submit your comments via email to Tanya McInnis, Certification, Compliance Monitoring and Evaluation (CCME) Program Manager, CDFI Fund, at cdfihelp@cdfi.treas.gov. FOR FURTHER INFORMATION CONTACT: Tanya McInnis, CCME Program ANNOUNCEMENT TYPE: The Federal Aviation Administration (FAA) is considering a proposal and invites public comment to change a portion of the airport from aeronautical use to non-aeronautical use at Salinas Municipal Airport (SNS), Salinas, Monterey County, California. The proposal consists of one parcel containing 13.25 acres of airport land, located outside of the airfield, south of Airport Boulevard, between Mercer Way and Skyway Boulevard, and north of Mortensen Avenue. DATES: Comments must be received on or before July 8, 2020. ADDRESSES: Comments on the request may be mailed or delivered to the FAA at the following address: Ms. Laurie J. Suttmeier, Manager, San Francisco Airports District Office, Federal Aviation Administration, 1000 Marina Boulevard, Suite 220, Brisbane, 17:09 Jun 05, 2020 Issued in El Segundo, California, on May 27, 2020. Brian Q. Armstrong, Manager, Safety and Standards Branch, Airports Division, Western-Pacific Region. Community Development Financial Institutions Fund; Request for Information Federal Aviation Administration, DOT. ACTION: Notice of request to release airport land. AGENCY: VerDate Sep<11>2014 The land was originally acquired from the federal government as surplus land, via quitclaim deed issued by the War Assets Administration on February 4, 1949. The land will be leased for nonaeronautical revenue generation. Such use of the land represents a compatible land use that will not interfere with the airport or its operation, thereby protecting the interests of civil aviation. The airport will be compensated for the fair market value of the use of the land. In accordance with the Wendell H. Ford Aviation Investment and Reform Act for the 21st Century (AIR 21), Public Law 106–181 (Apr. 5, 2000; 114 Stat. 75), this notice must be published in the Federal Register 30 days before the DOT Secretary may waive any condition imposed on a federally obligated airport by surplus property conveyance deeds or grant agreements. SUPPLEMENTARY INFORMATION: [FR Doc. 2020–12129 Filed 6–5–20; 8:45 am] Notice of Release of Land Affecting Federal Grant Assurance Obligations at Salinas Municipal Airport, Salinas, Monterey County, California SUMMARY: California, 94005–1835. In addition, one copy of the comment submitted to the FAA must be mailed or delivered to Mr. Brett J. Godown, Airport Manager, 30 Mortensen Avenue, Salinas, California 93905. PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 34799 Manager, CDFI Fund, 1500 Pennsylvania Avenue NW, Washington, DC 20220 or email to cdfihelp@ cdfi.treas.gov. Through the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program), the CDFI Fund provides Financial Assistance (FA) awards in variety of forms, including equity investments. The CDFI Fund is working to provide more context and clarity regarding policies and procedures related to equity investments it provides in two specific areas: Compliance remedies and cure periods for CDFIs noncompliant with the CDFI Fund’s existing control restrictions and the adoption of an exit strategy for new equity investment awards. Control Restrictions: By statute, the CDFI Fund may not own more than fifty percent (50%) of a CDFI’s equity, nor may it otherwise control a CDFI. Periodically, CDFIs have taken actions with respect to equity investments in their organization that have resulted in the CDFI Fund owning more than fifty percent (50%) of a CDFI’s equity, or otherwise controlling a CDFI. The CDFI Fund is interested in learning from the industry their perspective on methods CDFIs may be afforded to cure noncompliance with this requirement. Options under consideration include requiring a Recipient to repurchase or redeem the CDFI Fund’s equity investment to decrease CDFI Fund ownership to fifty percent (50%) or below; permitting a Recipient to issue more shares to dilute the CDFI Fund’s equity investment percentage to the fifty percent (50%) threshold or below; or a combination thereof. Equity Investment Exit Strategy: The CDFI Fund has an internal investment policy with language outlining a practice to conduct a yearly review of the existing investments in its portfolio and to provide recommendations to Senior Management of possible next steps, if any. The current policy does not provide specific plans of action or indicia for exiting equity investments. SUPPLEMENTARY INFORMATION: I. General Questions on CDFI Equity and Related Policies 1. How does your CDFI use equity investments from the CDFI Fund and other organizations as part of your lending and or business model? 2. What are the risk/factors your organization takes into account when developing an equity strategy (e.g., increasing or decreasing the amount of equity)? The CDFI Fund is trying to E:\FR\FM\08JNN1.SGM 08JNN1

Agencies

[Federal Register Volume 85, Number 110 (Monday, June 8, 2020)]
[Notices]
[Page 34799]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12129]


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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration


Notice of Release of Land Affecting Federal Grant Assurance 
Obligations at Salinas Municipal Airport, Salinas, Monterey County, 
California

AGENCY: Federal Aviation Administration, DOT.

ACTION: Notice of request to release airport land.

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SUMMARY: The Federal Aviation Administration (FAA) is considering a 
proposal and invites public comment to change a portion of the airport 
from aeronautical use to non-aeronautical use at Salinas Municipal 
Airport (SNS), Salinas, Monterey County, California. The proposal 
consists of one parcel containing 13.25 acres of airport land, located 
outside of the airfield, south of Airport Boulevard, between Mercer Way 
and Skyway Boulevard, and north of Mortensen Avenue.

DATES: Comments must be received on or before July 8, 2020.

ADDRESSES: Comments on the request may be mailed or delivered to the 
FAA at the following address: Ms. Laurie J. Suttmeier, Manager, San 
Francisco Airports District Office, Federal Aviation Administration, 
1000 Marina Boulevard, Suite 220, Brisbane, California, 94005-1835. In 
addition, one copy of the comment submitted to the FAA must be mailed 
or delivered to Mr. Brett J. Godown, Airport Manager, 30 Mortensen 
Avenue, Salinas, California 93905.

SUPPLEMENTARY INFORMATION: The land was originally acquired from the 
federal government as surplus land, via quitclaim deed issued by the 
War Assets Administration on February 4, 1949. The land will be leased 
for non-aeronautical revenue generation. Such use of the land 
represents a compatible land use that will not interfere with the 
airport or its operation, thereby protecting the interests of civil 
aviation. The airport will be compensated for the fair market value of 
the use of the land.
    In accordance with the Wendell H. Ford Aviation Investment and 
Reform Act for the 21st Century (AIR 21), Public Law 106-181 (Apr. 5, 
2000; 114 Stat. 75), this notice must be published in the Federal 
Register 30 days before the DOT Secretary may waive any condition 
imposed on a federally obligated airport by surplus property conveyance 
deeds or grant agreements.

    Issued in El Segundo, California, on May 27, 2020.
Brian Q. Armstrong,
Manager, Safety and Standards Branch, Airports Division, Western-
Pacific Region.
[FR Doc. 2020-12129 Filed 6-5-20; 8:45 am]
BILLING CODE 4910-13-P