[Federal Register Volume 59, Number 12 (Wednesday, January 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-1203]


[[Page Unknown]]

[Federal Register: January 19, 1994]


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RESOLUTION TRUST CORPORATION
 

Coastal Barrier Improvement Act; Property Availability

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the properties known as Prairie 
Oaks Ranch, located in Sacramento County, and Rancho San Diego, located 
in San Diego County, California, are affected by Section 10 of the 
Coastal Barrier Improvement Act of 1990 as specified below.

DATES: Written notice of serious interest to purchase or effect other 
transfer of all or any portion of these properties may be mailed or 
faxed to the RTC until April 19, 1994.

ADDRESSES: Copies of detailed descriptions of these properties, 
including maps, can be obtained from or are available for inspection by 
contacting the following person:

Mr. E. Ted Hine, Resolution Trust Corporation, California Field 
Office, 4000 MacArthur Boulevard, Third Floor, East Tower, Newport 
Beach, CA 92660-2516, (714) 263-4648; Fax (714) 852-7770.

SUPPLEMENTARY INFORMATION: The Prairie Oaks Ranch property is located 
north of U.S. Highway 50 and east of Prairie City Road in the City of 
Folsom, California. The property is bisected by Blue Ravine Road and 
Riley Street. The site contains wetlands, an undeveloped floodplain, 
and is adjacent to Clifford Reservoir and a park managed by the City of 
Folsom. The Prairie Oaks Ranch property consists of approximately 405 
acres of undeveloped land with rolling terrain and numerous groves of 
oaks. The property contains a portion of Willow Creek which meanders 
through the site and approximately 31 acres of wetlands.
    The Rancho San Diego property is located approximately fifteen (15) 
miles east of downtown San Diego and generally centered around the 
intersection of Campo Road (Highway 94) and Jamacha Road. The property 
is situated in an undeveloped floodplain, contains habitat for the 
Federally-listed endangered least Bell's vireo and is adjacent to 
Sweetwater Reservoir and Steel Canyon Park. The Rancho San Diego 
property consists of approximately 2,129 acres of undeveloped land and 
the topography is characterized by steep slopes rising from both sides 
of the Sweetwater River which traverses the property. These properties 
are covered properties within the meaning of Section 10 of the Coastal 
Barrier Improvement Act of 1990, Public Law 101-591 (12 U.S.C. 1441a-
3).
    Written notice of serious interest in the purchase or other 
transfer of all or any portion of these properties must be received on 
or before April 19, 1994 by the Resolution Trust Corporation at the 
appropriate address stated above.
    The entities eligible to submit written notices of serious interest 
are:

    1. Agencies or entities of the Federal government;
    2. Agencies or entities of State or local government;
    3. ``Qualified organizations'' pursuant to section 170(h)(3) of 
the Internal Revenue Code of 1986 (26 U.S.C. 170(h)(3)).

    Written notices of serious interest must be submitted in the 
following form:

Notice of Serious Interest

RE: [insert name of property]

Federal Register Publication Date: ________

[insert Federal Register publication date]

    1. Entity name.
    2. Declaration of eligibility to submit Notice under criteria 
set forth in Coastal Barrier Improvement Act of 1990, Public Law 
101-591, section 10(b)(2), (12 U.S.C. 1441a-3(b)(2)), including, for 
qualified organizations, a determination letter from the Internal 
Revenue Service regarding the organization's status under section 
501(c)(3) of the Internal Revenue Code (26 U.S.C. 170(h)(3)).
    3. Brief description of proposed terms of purchase or other 
offer for all or any portion of the property (e.g., price and method 
of financing).
    4. Declaration of entity that it intends to use the property for 
wildlife refuge, sanctuary, open space, recreational, historical, 
cultural, or natural resource conservation purposes as provided in a 
clear written description of the purpose(s) to which the property 
will be put and the location and acreage of the area covered by each 
purpose(s) including a declaration of entity that it will accept the 
placement, by the RTC, of an easement or deed restriction on the 
property consistent with its intended conservation use(s) as stated 
in its notice of serious interest.
    5. Authorized Representative (Name/Address/Telephone/Fax).

    List of Subjects: Environmental protection.

    Dated: January 12, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-1203 Filed 1-18-94; 8:45 am]
BILLING CODE 6714-01-M