[Federal Register Volume 59, Number 83 (Monday, May 2, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-10433]


[[Page Unknown]]

[Federal Register: May 2, 1994]


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DEPARTMENT OF TRANSPORTATION
Federal Transit Administration

 

Transfer of Federally Assisted Facility

AGENCY: Federal Transit Administration, DOT.

ACTION: Notice of intent to transfer Federally assisted land or 
facility.

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SUMMARY: The Federal Transit Act, as amended (FT 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 Suburban Bus Division of the 
RTA (PACE) intends to transfer its Wilmette Bus Facility at 711 Laramie 
Avenue, on the western border of Wilmette, Illinois, west of the Edens 
Expressway.

EFFECTIVE DATE: Any Federal agency interested in acquiring the land or 
facility must notify the FTA, Region 5 Office, of its interest, by June 
1, 1994.

ADDRESSES: Interested parties should notify the Regional Office by 
writing to FTA Region 5, 55 East Monroe Street, Room 1415, Chicago, 
Illinois 60603).

FOR FURTHER INFORMATION CONTACT: Louise Carter, Director of the Office 
of Program Oversight, (312)353-2883 or Ann Catlin, Office of Grants 
Management at (202) 366-1647.

SUPPLEMENTARY INFORMATION:

Background

    Section 12(k) of the FT Act, as amended, provides guidance on the 
transfer of capital assets. Specifically, if a recipient of FTA 
assistance determines that capital assets (including land) acquired, in 
whole or part, with such assistance are no longer needed for the 
purposes for which they were acquired, the Administrator may authorize 
the transfer of such assets to any public body to be used for any 
public purpose with no further obligation to the Federal Government.

Section 12(k)(2)  Determinations

    The provision also provides that before the FTA may authorize such 
a transfer for a non-transit use, the FTA must first determine that:
    (A) The asset being transferred will remain in public use for not 
less than 5 years after the date of the transfer;
    (B) There are no purposes eligible for assistance under the FT Act 
for which the asset should be used;
    (C) The overall benefit of allowing the transfer outweighs the 
Federal Government interest in liquidation and return of the Federal 
financial interest in the asset, after consideration of fair market 
value and other factors; and
    (D) In any case in which the asset is a facility or land, there is 
no interest in acquiring the asset for Federal use.

Federal Interest in Acquiring Land or Facility

    This document implements the requirements of section 12(k)(2)(D). 
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 section 12(k)(2) (A) through (C) are met before permitting 
the asset to be transferred.

Additional Description of Land or Facility

    The Wilmette Bus Facility located at 511 Laramie Avenue, on the 
Western border of the Village of Wilmette, Illinois, a 15,959 square 
foot, one story on slab, brick and metal panel constructed addition to 
an existing public works maintenance facility on a six-acre parcel 
owned by the Village of Wilmette, Illinois. The facility was 
constructed in 1985 by PACE.

    Issued on: April 26, 1994.
Joel P. Ettinger,
Regional Administrator.
[FR Doc. 94-10433 Filed 4-29-94; 8:45 am]
BILLING CODE 4910-57-U