[Federal Register Volume 59, Number 75 (Tuesday, April 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-9327]


[[Page Unknown]]

[Federal Register: April 19, 1994]


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RESOLUTION TRUST CORPORATION

 

Coastal Barrier Improvement Act; Property Availability; Orchard 
Acres, New London County, CT; Berkshire Valley, Morris County, NJ

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the properties known as Orchard 
Acres, located in Colchester, New London County, Connecticut, and 
Berkshire Valley, located in Jefferson, Morris County, New Jersey, 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 July 18, 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(s): Mr. John Leinmiller (Orchard Acres) 
or Mr. Merrill Freedman (Berkshire Valley), Resolution Trust 
Corporation, Valley Forge Field Office, P.O. Box 1500, Valley Forge, PA 
19482-1500, (800) 782-6326; Fax (610) 650-0881.

SUPPLEMENTARY INFORMATION: The Orchard Acres property is located in the 
northwest portion of Colchester, New London County, Connecticut. The 
site has a potential for archeological resources and is adjacent to 
Salmon River State Forest. The Orchard Acres property consists of 
approximately 71.21 acres of undeveloped land in three tracts. The site 
is primarily wooded and contains some partially improved areas.
    The Berkshire Valley property is located on Berkshire Valley Road, 
Cedar Terrace, and New Jersey Route 15 in the northwest portion of 
Morris County in the Township of Jefferson. The site contains wetlands 
and is adjacent to the Berkshire Valley Wildlife Management Area. The 
Berkshire Valley property consists of approximately 146 acres of 
undeveloped land with rugged, wooded terrain. Topographic relief at 
this site is significant, varying approximately 300 feet with large 
rock outcrops throughout 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 July 18, 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, 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 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: April 12, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-9327 Filed 4-18-94; 8:45 am]
BILLING CODE 6714-01-M