[Federal Register Volume 61, Number 97 (Friday, May 17, 1996)]
[Notices]
[Pages 25010-25011]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-12404]
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[[Page 25011]]
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 Maryland Mass Transit Administration intends to
transfer property located at the intersection of York Road, Dulaney
Valley Road, Joppa Road and Allegheny Avenue, in Towson, Maryland.
EFFECTIVE DATE: Any Federal agency interested in acquiring the land or
facility must notify the FTA Philadelphia Regional Office of its
interest, by June 17, 1996.
ADDRESSES: Interested parties should notify the Regional Office by
writing to Mr. Sheldon A. Kinbar, Regional Administrator, Federal
Transit Administration, 1760 Market Street, Room 500, Philadelphia,
Pennsylvania 19103.
FOR FURTHER INFORMATION CONTACT: Sheila Byrne, Transportation Program
Specialist, Region 3, at 215/656-6900 or Ann Catlin, Real Estate
Specialist, Office of Program Management at 202/366-1647.
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 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. Section
5334(g). 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:
Parcel of land approximately 4,485 square feet (identified as 602-
608 York Road) located at the intersection of York Road, Dulaney Valley
Road, Joppa Road and Allegheny Avenue in Towson, Maryland.
Issued on: May 13, 1996.
Sheldon A. Kinbar,
Regional Administrator.
[FR Doc. 96-12404 Filed 5-16-96; 8:45 am]
BILLING CODE 4910-57-P
