[Federal Register Volume 61, Number 203 (Friday, October 18, 1996)]
[Notices]
[Page 54487]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-26745]


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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: 49 U.S.C. Section 5334(g) [formerly called Section 12(k) of 
The Federal Transit Act], permits 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 City of New Smyrna Beach intends to transfer a two-
bay addition to the existing Fleet Maintenance Facility and four-post 
bus lift, located at 124 Industrial Park Drive, New Smyrna Beach, 
Florida.

EFFECTIVE DATE: Any Federal agency interested in acquiring the land or 
facility must notify the FTA Region IV office of its interest by 
November 18, 1996.

ADDRESSES: Interested parties should notify the Regional Office by 
writing Ms. Susan E. Schruth, Regional Administrator, Federal Transit 
Administration, 1720 Peachtree Road NW, Suite 400, Atlanta, GA 30309-
2437.

FOR FURTHER INFORMATION CONTACT: Mr. Brian A. Glenn, Program Manager, 
at 404/347-1889, or Ms. Ann Catlin, Real Estate Specialist, Office of 
Program Management, at 202/418-8552.

SUPPLEMENTARY INFORMATION:

Background

    49 U.S.C. Section 5334(g) provides guidance on the transfer of 
capital assets. Specifically, if a recipient of FTA assistance decides 
an asset acquired under this chapter at least in part with that 
assistance is no longer needed for the purpose for which it was 
acquired, the Secretary of Transportation may authorize the recipient 
to transfer the asset to a local governmental authority to be used for 
a public purpose with no further obligation to the Government. The 
Secretary may authorize a transfer for a public purpose other than mass 
transportation only if the Secretary decides:
    49 U.S.C. Section 5334(g) DETERMINATIONS:
    (A) the asset will remain in public use for not less than 5 years 
after the date of the transfer the asset is transferred;
    (B) there is no purpose eligible for assistance under this chapter 
for which the asset should be used;
    (C) the overall benefit of allowing the transfer is greater than 
the interest of the Government in liquidation and return of the 
financial interest of the Government in the asset, after considering 
fair market value and other factors; and
    (D) through an appropriate screening or survey process, that there 
is interest in acquiring the asset for Government use if the asset is a 
facility or land.

Federal Interest in Acquiring Land or Facility

    This document implements the requirements of 49 U.S.C. Section 
5334(g) [formerly referenced as Section 12(k) of the Federal Transit 
Act, now codified]. 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 49 U.S.C. Section 5334(g) (1)(A) through (1)(D) are met 
before permitting the asset to be transferred.

Additional Description of Land or Facility

     The six-year-old metal clear-span garage bay is 21'  x  70' with 
14' overhead doors at each end of the bay and a 10' overhead door and a 
pedestrian door located in the middle of the building. The six-year-old 
lift is a Grand Model #TR-10-A 4-post 25,000 lb. lift with two (2) 
three-foot track extensions attached to a 20'  x  70' foot concrete 
slab.

    Issued on October 8, 1996.
Susan E. Schruth,
Regional Administrator.
[FR Doc. 96-26745 Filed 10-17-96; 8:45 am]
BILLING CODE 4910-57-U