[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: 94-13946]


[[Page Unknown]]

[Federal Register: June 9, 1994]


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RESOLUTION TRUST CORPORATION
 

Coastal Barrier Improvement Act; Property Availability; Reserve 
Residential, St. John the Baptist Parish, LA; Airline Industrial North, 
St. John the Baptist Parish, LA

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the properties known as Reserve 
Residential and Airline Industrial North, located in Reserve, St. John 
the Baptist Parish, Louisiana, 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 September 7, 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. 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 Reserve Residential property is located 
in the northwest portion of the intersection of Airline Highway (U.S. 
Hwy 61) and the Codshalk Canal in Reserve, Louisiana. The site is 
subject to the State's Coastal Zone Management Program, it has 
recreational value, and is adjacent to St. John the Baptist City Park. 
The Reserve Residential property consists of approximately 227.4 acres 
of undeveloped land. The site is bounded to the north by vacant land, 
to the west by St. John the Baptist Parish Airport, and to the south by 
Airline Highway.
    The Airline Industrial North property is also located in the 
northwest portion of the intersection of Airline Highway (U.S. Hwy 61) 
and the Codshalk Canal in Reserve, Louisiana. The site is subject to 
the State's Coastal Zone Management Program, it has recreational value, 
and is adjacent to St. John the Baptist City Park. The Airline 
Industrial North property consists of approximately 122.37 acres of 
undeveloped land. The site is bounded to the north by St. John the 
Baptist Parish Airport, to the east by vacant land, to the west by 
Terra Haute plantation, and to the south by Airline Highway. 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 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: __________

[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: June 2, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-13946 Filed 6-8-94; 8:45 am]
BILLING CODE 6714-01-M