[Federal Register Volume 59, Number 54 (Monday, March 21, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6487]


[[Page Unknown]]

[Federal Register: March 21, 1994]


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RESOLUTION TRUST CORPORATION

 

Coastal Barrier Improvement Act; Property Availability; Royal 
Palm Golf Estates, Collier County, FL; Summit Hill One, Bexar County, 
TX

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the properties known as Royal Palm 
Golf Estates, located near Naples, Collier County, Florida, and Summit 
Hill One, located near San Antonio, Bexar County, Texas, are affected 
by Section 10 of the Coastal Barrier Improvement Act of 1990 as 
specified below.

DATES: Written notices 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 June 20, 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:

Royal Palm Golf Estates:
    Mr. Bruce Dunning, Resolution Trust Corporation, Kansas City Field 
Office, 4900 Main Street, suite 200, Kansas City, MO 64112, (800) 365-
3342; Fax (816) 561-0882
Summit Hill One:
    Mr. Steven Reid, Resolution Trust Corporation, Dallas Field Office, 
3500 Maple Avenue, Reverchon Plaza, suite 300, Dallas, TX 75219, (800) 
782-4674; Fax (214) 443-6574

SUPPLEMENTARY INFORMATION: The Royal Palm Golf Estates property, also 
known as Naples Shores Country Club, is located along U.S. Highway 41 
(Tamiami Trail) 5.5 miles southeast of SR-951 and 1.5 miles northwest 
of CR-92 near Naples, Florida. The site contains wetlands, habitat for 
the Federally-endangered Florida panther, and is adjacent to the 
Collier Seminole State Park. The Royal Palm Golf Estates property 
consists of approximately 170 acres of undeveloped land platted for a 
combination of residential, commercial, and agricultural uses.
    The Summit Hill One Property is located approximately 10 miles 
southwest of San Antonio, Texas, at the northeast corner of the 
intersection of Interstate Loop 410 and Old Pearsall Road. The site is 
within the boundary of the Edwards Aquifer, a Sole Source Aquifer 
designated by the U.S. Environmental Protection Agency, and is adjacent 
to the Miller's Pond recreational area. The Summit Hill One property 
consists of approximately 61 acres of undeveloped land and has a slight 
slope downward from the southwest portion to the north and northwest 
portion of 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 June 20, 1994 by the Resolution Trust Corporation at the 
appropriate address stated above.
    Those 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; and
    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 the Coastal Barrier Improvement Act of 1990, P.L. 101-
591, section 10(b)(2), (12 U.S.C. 1441a-3(b)(2)), including for 
qualified organizations, a determination letter from the United 
States Internal Revenue Service regarding the organization's status 
under section 501(c)(3) of the U.S. 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, method of 
financing, expected closing date, etc.).
    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 (12 U.S.C. 
1441a-3(b)(4)), 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: March 14, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-6487 Filed 3-18-94; 8:45 am]
BILLING CODE 6714-01-M