[Federal Register Volume 59, Number 110 (Thursday, June 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-13945]


[[Page Unknown]]

[Federal Register: June 9, 1994]


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RESOLUTION TRUST CORPORATION

 

Coastal Barrier Improvement Act; Property Availability; Oak 
Valley, Riverside County, CA

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the property known as Oak Valley, 
located in Beaumont and Calimesa, Riverside County, California, is 
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 this property may be mailed or faxed 
to the RTC until September 7, 1994.

ADDRESSES: Copies of detailed descriptions of this property, including 
maps, can be obtained from or are available for inspection by 
contacting the following person: Mr. V. Jackson Carney, III, Resolution 
Trust Corporation, c/o Landmark Land Companies, 2500 Landmark Drive, 
LaPlace, LA 70068, (504) 466-7469; Fax (504) 651-6057.

SUPPLEMENTARY INFORMATION: The Oak Valley property is located in north 
central Riverside County northwest of the junction of Interstate 10 and 
State Route 60, within the city limits of Beaumont and Calimesa, 
California. The site contains habitat for the Federally-listed 
endangered Least Bell's vireo and Stephen's kangaroo rat. The Oak 
Valley property consists of approximately 6,725 acres of undeveloped 
land except for an eighteen hole golf course which occupies 
approximately 202 acres. The property is contiguous with Noble Creek 
Park, which is managed by the Beaumont Cherry Valley Recreation and 
Park District, and adjacent to De Anza Park, which is managed by the 
Riverside County Regional Park and Open-Space District. This property 
is covered property 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 this property must be received on or 
before September 7, 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:  __________
    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 rate, 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: June 2, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-13945 Filed 6-8-94; 8:45 am]
BILLING CODE 6714-01-M