[Federal Register Volume 61, Number 66 (Thursday, April 4, 1996)]
[Notices]
[Pages 15155-15156]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8337]



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DEPARTMENT OF TRANSPORTATION
Federal Transit Administration


Transfer of Federally Assisted Land or 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 Laws permit 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 Rochester-Genesee Regional Transportation 
Authority intends to transfer a parcel of land, located at 105 
Barrington Street in Rochester, New York to the City of Rochester.

EFFECTIVE DATE: Any Federal agency interested in acquiring the land or 
facility must notify the FTA, Region II, of its interest, by May 6, 
1996.

ADDRESSES: Interested parties should notify the Regional Office by 
writing the Federal Transit Administration, 26 Federal Plaza, Suite 
2940, New York, NY 10278.

FOR FURTHER INFORMATION CONTACT: Hans Point Du Jour, FTA, Region II, 
212-264-8162 or Ann Catlin, Office of Grants Management at 202/366-
1647.

SUPPLEMENTARY INFORMATION:

Background

    49 U.S.C. section 5334(g) (formerly, 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 5334(g) Determinations

    The provision also provides that before the FTA may authorize such 
a transfer, 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 Federal 
Transit Laws 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 49 U.S.C. section 
5334(g)(1)(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 49 U.S.C. section 5334(g)(1) (A) through (C) are 
met before permitting the asset to be transferred.

[[Page 15156]]


Additional Description of Land or Facility

    The parcel of land is located at 105 Barrington Street, Rochester, 
New York, and having an area of approximately 9,585 sq. ft. The land is 
currently used as a neighborhood park with a brick walkway and two 
metal benches as improvements.

    Issued on: March 20, 1996.
Thomas J. Ryan,
Regional Administrator.
[FR Doc. 96-8337 Filed 4-3-96; 8:45 am]
BILLING CODE 4910-57-P