[Federal Register Volume 60, Number 87 (Friday, May 5, 1995)]
[Notices]
[Pages 22425-22426]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-11090]



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RESOLUTION TRUST CORPORATION


Coastal Barrier Improvement Act; Property Availability; Kitty 
Hawk Woods, Dare County, NC

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

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SUMMARY: Notice is hereby given that the property known as Kitty Hawk 
[[Page 22426]] Woods, located in Kitty Hawk, Dare County, North 
Carolina, is affected by Section 10 of the Coastal Barrier Improvement 
Act of 1990 as specified below.

DATES: Written notice 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 August 3, 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) 230-8159.

SUPPLEMENTARY INFORMATION: The Kitty Hawk Woods property is located at 
Woods Road (SR 1206), Kitty Hawk, North Carolina; south of Southern 
Shores, west of the Highway 158 By-Pass, north of Kitty Hawk Bay and 
east of the Currituck Sound. The site consists of approximately 124.32 
acres of undeveloped land within a coastal zone and undeveloped 
floodplain. This property contains wetlands and a Maritime Swamp Forest 
and Deciduous Swamp Forest which are considered Nationally Significant 
Natural Areas. There is a Dedicated State Nature Preserve consisting of 
approximately 460 acres east of Woods Road and the Kitty Hawk Woods 
property is adjacent to lands managed by the Town of Kitty Hawk for 
natural resource conservation 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 August 3, 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 
170(h)(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.

Resolution Trust Corporation.

    Dated: May 1, 1995.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 95-11090 Filed 5-4-95; 8:45 am]
BILLING CODE 6714-01-M