[Federal Register Volume 69, Number 88 (Thursday, May 6, 2004)]
[Notices]
[Pages 25459-25460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-10357]


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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: Section 5334(g) of the Federal Transit Laws, as codified, 49 
U.S.C. 5301, et. seq., permits the Administrator of the Federal Transit 
Administration

[[Page 25460]]

(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 Metropolitan Council intends to transfer a parcel of property to 
the City of Minneapolis for the Public Housing Agency to build five 
public housing units. Metropolitan Council currently owns the land. The 
property consists of approximately 18,144 square feet of land. The 
property is paved with no structures on it and is located in a 
residential area of Minneapolis, MN.

EFFECTIVE DATE: Any Federal agency interested in acquiring the facility 
must notify the FTA Regional V Office of its interest by June 7, 2004.

ADDRESSES: Interested parties should notify the Regional Office by 
writing to Joel P. Ettinger, Regional Administrator, Federal Transit 
Administration, 200 West Adams, Suite 320, Chicago, IL 60606.

FOR FURTHER INFORMATION CONTACT: Donald Gismondi, Deputy Regional 
Administrator at 312/353-2789.

SUPPLEMENTARY INFORMATION:

Background

    49 U.S.C. 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. 49 U.S.C. 5334(g)(1)
    Determinations:
    The Secretary may authorize a transfer for a public purpose other 
than mass transportation only if the Secretary decides:
    (A) The asset will remain in public use for at least 5 years after 
the date 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 no 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. 
5334(g)(1)(D) of the Federal Transit Laws. Accordingly, FTA hereby 
provides notice of the availability of the land or facility further 
described below. Any Federal agency interested in acquiring the 
affected facilities should promptly notify the FTA.
    If no Federal agency is interested in acquiring the existing 
facility, FTA will make certain that the other requirements specified 
in 49 U.S.C. 5334(g)(1)(A) through (C) are met before permitting the 
asset to be transferred.

Additional Description of Facility

    The property is approximately 18,144 square feet of land. The 
property is paved with no structures on it. The property is currently 
being used for parking by area businesses. The property is subject to a 
covenant running with the land that the property owner will not 
discriminate against any person on account of race, color or national 
origin in connection with the use, sale or transfer of the land. The 
property is located in a residential area of Minneapolis, MN. The 
street address is: 3824 West 44th Street, Minneapolis, MN.

    Issued on: April 26, 2004.
Donald Gismondi,
Deputy Regional Administrator.
[FR Doc. 04-10357 Filed 5-5-04; 8:45 am]
BILLING CODE 4910-57-M