[Federal Register Volume 72, Number 29 (Tuesday, February 13, 2007)]
[Notices]
[Pages 6807-6808]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-2410]
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DEPARTMENT OF TRANSPORTATION
Federal Transit Administration
Debt Service Reserve Reimbursement Pilot Program
AGENCY: Federal Transit Administration (FTA), DOT.
ACTION: Amendment of notice establishing Debt Service Reserve Pilot
Program to include a class of participant; correction.
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SUMMARY: The Federal Transit Administration published in the Federal
Register of December 28, 2006, a notice establishing the Debt Service
Reserve Pilot Program as authorized under the Safe, Accountable,
Flexible, Efficient Transportation Equity Act--a Legacy for Users.
Inadvertently, an eligible class of participant in the pilot program
was omitted. This document corrects that oversight.
DATES: Effective on February 13, 2007.
FOR FURTHER INFORMATION CONTACT: Paul L. Marx, 202-366-1675; E-MAIL:
[email protected].
SUPPLEMENTARY INFORMATION: FTA published a notice in the Federal
Register of December 28, 2006, at 71 FR 78267-78268, to establish a
Debt Service Reserve Pilot Program that allows certain public
transportation providers to seek reimbursement of their deposits of
bond proceeds in a debt service account. This correction extends
eligibility to apply under the pilot program to ``an entity engaged by
such [i.e., eligible Formula Grant Program (Section 5307) recipient]
provider to design, build, operate and maintain a project eligible
under Section 5307.'' This eligibility is important because it provides
additional opportunities for supporting public-private partnerships in
public transportation. Further, typographical errors in the original
notice are corrected.
1. In FR 71 published on December 28, 2006, (71 FR 78267) on page
78267, column 3, SUMMARY, remove ``pubic'' and insert in its place
``public''.
2. On page 78267, column 3, A. Authority, remove ``5323(d)(4)'' and
insert in its place ``5323(e)(3)''.
3. On page 78268, column 1, section 1 (C), insert after ``(Section
5307)'': ``(or an eligible entity engaged by such provider to design,
build, operate and maintain a project eligible under Section 5307) * *
*''
4. On page 78268, column 1, section 1 (D), remove ``blood'' and
insert in its place ``bond''.
A complete version of the Federal Register notice, revised to
incorporate the changes described above, appears on
[[Page 6808]]
the FTA Web site at http://www.fta.dot.gov.
Issued on February 7, 2007.
James S. Simpson,
Administrator.
[FR Doc. E7-2410 Filed 2-12-07; 8:45 am]
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