[Federal Register Volume 61, Number 203 (Friday, October 18, 1996)] [Notices] [Page 54487] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-26745] ----------------------------------------------------------------------- DEPARTMENT OF TRANSPORTATION Federal Transit Administration Transfer of Federally Assisted Land or Facility
Agency
Federal Transit Administration, DOT.
Action
Notice of intent to transfer Federally assisted land or facility.
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Summary
49 U.S.C. Section 5334(g) [formerly called Section 12(k) of The Federal Transit Act], permits the Administrator of the Federal Transit Administration (FTA) to authorize a recipient of FTA funds to transfer land or a facility to a public body for any public purpose with no further obligation to the Federal Government if, among other things, no Federal agency is interested in acquiring the asset for Federal use. Accordingly, FTA is issuing this Notice to advise Federal agencies that the City of New Smyrna Beach intends to transfer a two- bay addition to the existing Fleet Maintenance Facility and four-post bus lift, located at 124 Industrial Park Drive, New Smyrna Beach, Florida.
EFFECTIVE DATE: Any Federal agency interested in acquiring the land or facility must notify the FTA Region IV office of its interest by November 18, 1996.
Addresses
Interested parties should notify the Regional Office by writing Ms. Susan E. Schruth, Regional Administrator, Federal Transit Administration, 1720 Peachtree Road NW, Suite 400, Atlanta, GA 30309- 2437.
For Further Information Contact
Mr. Brian A. Glenn, Program Manager, at 404/347-1889, or Ms. Ann Catlin, Real Estate Specialist, Office of Program Management, at 202/418-8552.
Supplementary Information
Background
49 U.S.C. Section 5334(g) provides guidance on the transfer of capital assets. Specifically, if a recipient of FTA assistance decides an asset acquired under this chapter at least in part with that assistance is no longer needed for the purpose for which it was acquired, the Secretary of Transportation may authorize the recipient to transfer the asset to a local governmental authority to be used for a public purpose with no further obligation to the Government. The Secretary may authorize a transfer for a public purpose other than mass transportation only if the Secretary decides: 49 U.S.C. Section 5334(g) DETERMINATIONS: (A) the asset will remain in public use for not less than 5 years after the date of the transfer the asset is transferred; (B) there is no purpose eligible for assistance under this chapter for which the asset should be used; (C) the overall benefit of allowing the transfer is greater than the interest of the Government in liquidation and return of the financial interest of the Government in the asset, after considering fair market value and other factors; and (D) through an appropriate screening or survey process, that there is interest in acquiring the asset for Government use if the asset is a facility or land.
Federal Interest in Acquiring Land or Facility
This document implements the requirements of 49 U.S.C. Section 5334(g) [formerly referenced as Section 12(k) of the Federal Transit Act, now codified]. Accordingly, FTA hereby provides notice of the availability of the land or facility further described below. Any Federal agency interested in acquiring the affected land or facility should promptly notify the FTA. If no Federal agency is interested in acquiring the existing land or facility, FTA will make certain that the other requirements specified in 49 U.S.C. Section 5334(g) (1)(A) through (1)(D) are met before permitting the asset to be transferred.
Additional Description of Land or Facility
The six-year-old metal clear-span garage bay is 21' x 70' with 14' overhead doors at each end of the bay and a 10' overhead door and a pedestrian door located in the middle of the building. The six-year-old lift is a Grand Model #TR-10-A 4-post 25,000 lb. lift with two (2) three-foot track extensions attached to a 20' x 70' foot concrete slab.
Issued on October 8, 1996. Susan E. Schruth, Regional Administrator. [FR Doc. 96-26745 Filed 10-17-96; 8:45 am] BILLING CODE 4910-57-U