[Federal Register Volume 59, Number 102 (Friday, May 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-13050]
[[Page Unknown]]
[Federal Register: May 27, 1994]
VOL. 59, NO. 102
Friday, May 27, 1994
DEPARTMENT OF AGRICULTURE
Rural Electrification Administration
Rescission of REA Bulletin
AGENCY: Rural Electrification Administration, USDA.
ACTION: Notice of rescission of REA Bulletin on Joint Use of
Facilities.
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SUMMARY: The Rural Electrification (REA) hereby rescinds REA Bulletin
5-1, Joint Use of Facilities for Telephone and Electric Service.
DATES: This bulletin is rescinded effective May 27, 1994.
FOR FURTHER INFORMATION CONTACT: Sue Arnold, Financial Analyst, Program
Support Staff, Rural Electrification Administration, USDA, Washington,
DC 20250-1500. Telephone: 202-720-0737. FAX: 202-720-4120.
SUPPLEMENTARY INFORMATION: On August 20, 1993, at 58 FR 44288, in a
proposed rule dealing with Long-Range Financial Forcasts of Electric
Borrowers, the Rural Electrification Administration (REA) proposed
rescission of REA Bulletin 5-1, Joint Use of Facilities for Electric
and Telephone Service. This bulletin, issued in 1954, and last revised
in 1972, deals with agreements between REA electric and telephone
borrowers for joint use of poles. The information in the bulletin is
obsolete, and REA believes guidance from REA in this area is
unnecessary in today's technological and regulatory environment.
The original comment period on the proposal expired on September
20, 1993. In response to requests from the public for more time to
prepare responses to the proposed rule on Long-Range Financial
Forecasts, REA published a document in the Federal Register on
September 20, 1993, at 58 FR 48800, extending the comment period
through October 20, 1993.
Only one comment was received on the proposal to rescind Bulletin
5-1. While agreeing that Bulletin 5-1 is no longer needed, the
commentor asked about REA Bulletin 40-5, Common Use of Poles for
Distribution and Transmission Lines. Bulletin 40-5 was rescinded in
December 1991, and this rescission was noted in the Index of Electric
Issuances issued by REA and mailed to all electric borrowers in October
1992. The commentor asked about the provisions in the REA loan mortgage
and loan documents concerning joint use.
REA has begun a comprehensive project to consider revisions to the
form and content of the REA mortgage and loan documents. An advance
notice of proposed rulemaking on the subject was published on December
2, 1991, at 56 FR 61201. Issues concerning joint use will be addressed
in the rulemaking proceeding to revise the mortgage.
Therefore, REA hereby rescinds REA Bulletin 5-1, Joint Use of
Facilities for Electric and Telephone Service. A final rule on Long-
Range Financial Forecasts of Electric Borrowers will be published at a
later date.
Dated: May 20, 1994.
Wally Beyer,
Admininistrator.
[FR Doc. 94-13050 Filed 5-26-94; 8:45 am]
BILLING CODE 3410-15-P
