[Federal Register Volume 69, Number 99 (Friday, May 21, 2004)]
[Notices]
[Pages 29274-29275]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-11465]


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DEPARTMENT OF DEFENSE

Office of the Secretary


Submission for OMB Review; Comment Request

ACTION: Notice.

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    The Department of Defense has submitted to OMB for clearance, the 
following proposal for collection of information under the provisions 
of the Paperwork Reduction Act (44 U.S.C. Chapter 35).

DATES: Consideration will be given to all comments received by June 21, 
2004.
    Title and OMB Number: Revitalizing Base Closure Communities, 
Economic Development Conveyance Annual Financial Statement; OMB Number 
0790-0004.
    Type of Request: Extension.
    Number of Respondents: 79.
    Responses per Respondent: 1.
    Annual Responses: 79.
    Average Burden per Response: 40 hours.
    Annual Burden Hours: 3,160.
    Needs and Uses: The information collection requirement is necessary 
to verify that Local Redevelopment Authority (LRA) recipients of no-
cost Economic Development Conveyances (EDCs) are in compliance with the 
requirement that the LRA reinvest proceeds from the use of EDC property 
for seven years. Respondents are LRAs that have executed no-cost EDC 
agreements with a Military Department that transferred property from a 
closed military installation. As provided by Section 2821(a)(3)(B)(i) 
of the National Defense Authorization Act for Fiscal Year 2000 (Pub. L. 
106-65), such agreements require that the LRA reinvest the proceeds 
from any sale, lease or equivalent use of EDC property (or any portion 
thereof) during at least the first seven years after the date of the 
initial transfer of the property to support the economic redevelopment 
of, or related to, the installation. The Secretary of Defense may 
recoup from the LRA such portion of these proceeds not used to support 
the economic redevelopment of, or related to, the installation. LRAs 
are subject to this same seven-year reinvestment requirement if their 
EDC agreement is modified to reduce the debt owed to the Federal 
Government. Military Departments monitor LRA compliance with this 
provision by requiring an annual financial statement certified by an 
independent Certified Public Accountant. No specific form is required.
    Affected Public: Not-for-profit institutions; State, Local or 
Tribal Government.
    Frequency: Annually.
    Respondent's Obligation: Required to Obtain or Retain Benefits.
    OMB Desk Officer: Ms. Jacqueline Zeiher.
    Written comments and recommendations on the proposed information 
collection should be sent to Ms. Zeiher at the Office of Management and 
Budget, Desk Officer for DoD, Room 10236, New Executive Office 
Building, Washington, DC 20503.

[[Page 29275]]

    DoD Clearance Officer: Mr. Robert Cushing.
    Written requests for copies of the information collection proposal 
should be sent to Mr. Cushing, WHS/ESCD/Information Management 
Division, 1225 South Clark Street, Suite 504, Arlington, VA 22202-4326.

    Dated: May 14, 2004.
L.M. Bynum,
Alternate OSD Federal Register Liaison Officer, Department of Defense.
[FR Doc. 04-11465 Filed 5-20-04; 8:45 am]
BILLING CODE 5001-06-M