Interest Rates, 23078 [2024-06981]
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23078
Federal Register / Vol. 89, No. 65 / Wednesday, April 3, 2024 / Notices
Applicant’s Address: 2093
Philadelphia Pike #1426, Claymont,
Delaware 19703.
SURFACE TRANSPORTATION BOARD
UIC Trust [File No. 811–23455]
Allegheny Valley Railroad Company—
Abandonment Exemption—in
Allegheny County, Pa.
[Docket No. AB 1233 (Sub-No. 2X)]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. Applicant has
never made a public offering of its
securities and does not propose to make
a public offering or engage in business
of any kind.
Filing Dates: The application was
filed on September 1, 2023, and
amended on November 2, 2023, and
February 27, 2024.
Applicant’s Address: 2093
Philadelphia Pike #1426, Claymont,
Delaware 19703.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024–07083 Filed 4–2–24; 8:45 am]
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SMALL BUSINESS ADMINISTRATION
Interest Rates
lotter on DSK11XQN23PROD with NOTICES1
The Small Business Administration
publishes an interest rate called the
Optional Peg Rate (13 CFR 120.214) on
a quarterly basis. This rate is a weighted
average cost of money to the
government for maturities similar to the
average SBA direct loan. This rate may
be used as a base rate for guaranteed
fluctuating interest rate SBA loans. This
rate will be 4.25 percent for the April–
June quarter of FY 2024.
Pursuant to 13 CFR 120.921(b), the
maximum legal interest rate for any
Third Party Lender’s commercial loan
which funds any portion of the cost of
a 504 project (see 13 CFR 120.801) shall
be 6% over the New York Prime rate or,
if that exceeds the maximum interest
rate permitted by the constitution or
laws of a given State, the maximum
interest rate will be the rate permitted
by the constitution or laws of the given
State.
David Parrish,
Chief, Secondary Market Division.
[FR Doc. 2024–06981 Filed 4–2–24; 8:45 am]
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18:18 Apr 02, 2024
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Allegheny Valley Railroad Company
(AVR), has filed a verified notice of
exemption under 49 CFR part 1152
subpart F—Exempt Abandonments to
abandon an approximately 3.6-mile
segment of rail line known generally as
the ‘‘Brilliant Branch’’ located in
Pittsburgh and Aspinwall, Allegheny
County, Pa. (the Line). The Line consists
of the following segments: (1) the
Brilliant Branch, extending from
milepost 0.7 in East Liberty (in the City
of Pittsburgh), crossing AVR’s
Allegheny Branch and the Allegheny
River, passing through the Borough of
Aspinwall and ending at approximately
milepost 3.0, in Pittsburgh; (2) the
Brilliant Branch-West Leg Wye,
beginning at approximately milepost 0.0
on AVR’s Allegheny River Bridge in
Aspinwall and ending at approximately
milepost 0.5, in the Township of
O’Hara, Pa.; and (3) a portion of the
Allegheny Branch Connection in
Pittsburgh beginning at approximately
milepost 1.8, at the connection to the
Brilliant Branch, and ending at
approximately milepost 2.6,
approximately 528 feet westerly of its
connection to the Allegheny Branch.
The Line traverses U.S. Postal Service
Zip Codes 15206, 15208, and 15215.
AVR has certified that: (1) no local
traffic has moved over the Line for at
least two years; (2) any overhead traffic
on the Line can be rerouted over other
lines; (3) no formal complaint filed by
a user of rail service on the Line (or by
a State or local government on behalf of
such user) regarding cessation of service
over the Line is pending with either the
Surface Transportation Board (Board) or
any U.S. District Court or has been
decided in favor of a complainant
within the two-year period; and (4) the
requirements at 49 CFR 1105.7(b) and
1105.8(c) (notice of environmental and
historic reports),1 49 CFR 1105.12
(newspaper publication), and 49 CFR
1152.50(d)(1) (notice to government
agencies) have been met.
1 In its verified notice, which AVR submitted on
February 23, 2024, AVR requested that the Board
waive the provision at 49 CFR 1105.11 calling for
the carrier to use a form transmittal letter when
sending its environmental and/or historic report to
appropriate agencies. In a decision served on April
2, 2024, the Board denied the waiver request and
deemed the filing date for AVR’s verified notice to
be March 14, 2024 (20 days after AVR re-served its
environmental and historic report with the form
cover letter).
PO 00000
Frm 00104
Fmt 4703
Sfmt 4703
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,2
this exemption will be effective on May
3, 2024, unless stayed pending
reconsideration. Petitions to stay that do
not involve environmental issues must
be filed by April 12, 2024.3 Formal
expressions of intent to file an OFA
under 49 CFR 1152.27(c)(2), and interim
trail use/rail banking requests under 49
CFR 1152.29 must be filed by April 15,
2024.4 Petitions to reopen and requests
for public use conditions under 49 CFR
1152.28 must be filed by April 23, 2024.
All pleadings, referring to Docket No.
AB 1233 (Sub-No. 2X), must be filed
with the Surface Transportation Board
either via e-filing on the Board’s website
or in writing addressed to 395 E Street
SW, Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on AVR’s representative,
Thomas J. Healey, Fletcher & Sippel
LLC, 29 N Wacker Drive, Suite 800,
Chicago, IL 60606.
If the verified notice contains false or
misleading information, the exemption
is void ab initio.
AVR has filed a combined
environmental and historic report that
addresses the potential effects, if any, of
the abandonment on the environment
and historic resources. OEA will issue a
Draft Environmental Assessment (Draft
EA) by April 8, 2024. The Draft EA will
be available to interested persons on the
Board’s website, by writing to OEA, or
by calling OEA at (202) 245–0294. If you
require an accommodation under the
2 Persons interested in submitting an OFA must
first file a formal expression of intent to file an
offer, indicating the type of financial assistance they
wish to provide (i.e., subsidy or purchase) and
demonstrating that they are preliminarily
financially responsible. See 49 CFR 1152.27(c)(2)(i).
3 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.
4 Filing fees for OFAs and trail use requests can
be found at 49 CFR 1002.2(f)(25) and (27),
respectively.
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[Federal Register Volume 89, Number 65 (Wednesday, April 3, 2024)]
[Notices]
[Page 23078]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06981]
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SMALL BUSINESS ADMINISTRATION
Interest Rates
The Small Business Administration publishes an interest rate called
the Optional Peg Rate (13 CFR 120.214) on a quarterly basis. This rate
is a weighted average cost of money to the government for maturities
similar to the average SBA direct loan. This rate may be used as a base
rate for guaranteed fluctuating interest rate SBA loans. This rate will
be 4.25 percent for the April-June quarter of FY 2024.
Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for
any Third Party Lender's commercial loan which funds any portion of the
cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New
York Prime rate or, if that exceeds the maximum interest rate permitted
by the constitution or laws of a given State, the maximum interest rate
will be the rate permitted by the constitution or laws of the given
State.
David Parrish,
Chief, Secondary Market Division.
[FR Doc. 2024-06981 Filed 4-2-24; 8:45 am]
BILLING CODE P
