[Federal Register Volume 59, Number 219 (Tuesday, November 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-28158]


[[Page Unknown]]

[Federal Register: November 15, 1994]


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RESOLUTION TRUST CORPORATION

 

Coastal Barrier Improvement Act; Property Availability (Catalpa 
Farms, Culpeper County, VA)

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the property known as Catalpa 
Farms, located in Culpeper, Culpeper County, Virginia, 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 February 13, 1995.

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. Dan Hummer, Resolution Trust 
Corporation, Atlanta Field Office, 245 Peachtree Center Avenue, NE, 
Marquis One Tower, 10th Floor, Atlanta, GA 30303, (404) 230-6594; Fax 
(404) 225-5092.

SUPPLEMENTARY INFORMATION: The Catalpa Farms property is located at 
Route 522, North Virginia Avenue, Culpeper County, Virginia, west of 
the Town of Culpeper and south of Route 522. The site consists of 
approximately 213 acres of undeveloped land with a mix of open fields 
and woodland. A portion of the Catalpa Farms property is situated in an 
undeveloped floodplain and contains wetlands. The site is adjacent to 
the northeast shore of Lake Pelham which is managed by the Town of 
Culpeper for recreational purposes. This property is covered property 
within the meaning of Section 10 of the Coastal Barrier Improvement Act 
of 1990, P.L. 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 February 13, 1995, 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: November 9, 1994.

Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 94-28158 Filed 11-14-94; 8:45 am]
BILLING CODE 6714-01-M