[Federal Register Volume 60, Number 37 (Friday, February 24, 1995)]
[Notices]
[Pages 10414-10415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-4477]
=======================================================================
-----------------------------------------------------------------------
RESOLUTION TRUST CORPORATION
Coastal Barrier Improvement Act; Property Availability; Port
Adventure, Trinity County, TX, Pinwah Pines, Polk County, TX
AGENCY: Resolution Trust Corporation.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: Notice is hereby given that the properties known as Port
Adventure, located near the City of Sebastopol, Trinity County, Texas,
and Pinwah Pines, located near the City of Livingston, Polk County,
Texas, are affected by Section 10 of the Coastal Barrier Improvement
Act of 1990 as specified below.
DATES: Written notices of serious interest to purchase or effect other
transfer of all or any portion of these properties may be mailed or
faxed to the RTC until May 25, 1995.
ADDRESSES: Copies of detailed descriptions of these properties,
including maps, can be obtained from or are available for inspection by
contacting the following person: Mr. Steven Reid, Resolution Trust
Corporation, Dallas Field Office, 3500 Maple Avenue, Reverchon Plaza,
Suite 300, Dallas, TX 75219, (214) 443-4738; Fax (214) 443-6574.
SUPPLEMENTARY INFORMATION: The Port Adventure property is located on
Route 2, two miles east of Sebastopol, Texas, and accessible on the
southern side from FM 356. The site consists of approximately 284.8
acres of mostly undeveloped land with a campground and community
activity facilities. The Port Adventure property contains habitat for
Federally-listed endangered species and the western portion of the site
is adjacent to a small inlet of Lake Livingston which is managed by the
Trinity River Authority for natural resource conservation and
recreational purposes.
The Pinwah Pines property is located southeast of Onalaska and
northwest of Livingston on US-190, Polk County, Texas. The site
consists of approximately 97 acres of undeveloped land with rolling
terrain and water frontage on the northeast side of Lake Livingston.
The Pinwah Pines property contains habitat for Federally-listed
endangered species and the site is contiguous with Lake Livingston
which is managed by the Trinity River Authority for natural resource
conservation and recreational purposes. These properties are 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).
Title to the Pinwah Pines property is vested in First Texas
Equities, Inc., a subsidiary of Jasper Federal Savings and Loan, in
Receivership, and is subject to claims asserted in that matter styled
``First Texas Equities, Inc. v. Neil Chain,'' pending under Cause No.
11,933 in the 258th Judicial District Court of Polk County, Texas, and
that notice of Lis Pendens regarding said matter, dated May 24, 1991,
and recorded May 28, 1991, in Volume 807, Page 653 of the Official
Records of Polk County, Texas.
Written notice of serious interest in the purchase or other
transfer of all or any portion of these properties must be received on
or before May 25, 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 [[Page 10415]]
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 Internal Revenue Code of 1986 (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.
Dated: February 17, 1995.
Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 95-4477 Filed 2-23-95; 8:45 am]
BILLING CODE 6714-01-M
