62896 Federal Register / Vol. 69, No. 208 / Thursday, October 28, 2004 / Notices 

vii. Round Results 

134. Bids placed during a round will 

not be made public until the conclusion 

of that bidding period. After a round 

closes, the Bureau will compile reports 

of all bids placed, bids withdrawn, 

current high bids, new minimum 

acceptable bids, and bidder eligibility 

status (bidding eligibility and activity 

rule waivers), and post the reports for 

public access. Reports reflecting 

bidders’ identities for Auction No. 58 

will be available before and during the 

auction. Thus, bidders will know in 

advance of this auction the identities of 

the bidders against which they are 

bidding.

viii. Auction Announcements 

135. The FCC will use auction 

announcements to announce items such 

as schedule changes and stage 

transitions. All FCC auction 

announcements will be available by 

clicking a link on the FCC Automated 

Auction System. 

V. Post-Auction Procedures 

A. Down Payments and Withdrawn Bid 

Payments 

136. After bidding has ended, the 

Commission will issue a public notice 

declaring the auction closed and 

identifying winning bidders, down 

payments, final payments, and any 

withdrawn bid payments due. 

137. Within ten business days after 

release of the auction closing notice, 

each winning bidder must submit 

sufficient funds (in addition to its 

upfront payment) to bring its total 

amount of money on deposit with the 

Commission for Auction No. 58 to 20 

percent of the net amount of its winning 

bids (gross bids less any applicable 

small business or very small business 

bidding credits). In addition, by the 

same deadline, all bidders must pay any 

bid withdrawal payments due under 47 

CFR 1.2104(g), as discussed in ‘‘Bid 

Removal and Bid Withdrawal,’’ section 

IV.B.vi. (Upfront payments are applied 

first to satisfy any withdrawn bid 

liability, before being applied toward 

down payments.) 

B. Final Payments 

138. Each winning bidder will be 

required to submit the balance of the net 

amount of its winning bids within ten 

business days after the deadline for 

submitting down payments. 

C. Long-Form Application (FCC Form 

601) 

139. Within ten business days after 

release of the auction closing notice, 

winning bidders must electronically 

submit a properly completed long-form 

application (FCC Form 601) and 

required exhibits for each license won 

through Auction No. 58. 

D. Ownership Disclosure Information 

Report (FCC Form 602) 

140. At the time it submits its longform application (FCC Form 601), each 

winning bidder also must comply with 

the ownership reporting requirements as 

set forth in 47 CFR 1.913, 1.919, and 

1.2112. 

E. Tribal Land Bidding Credit 

141. A winning bidder that intends to 

use its license(s) to deploy facilities and 

provide services to federally recognized 

tribal lands that are unserved by any 

telecommunications carrier or that have 

a telephone service penetration rate 

equal to or below 70 percent is eligible 

to receive a tribal land bidding credit as 

set forth in 47 CFR 1.2107 and 1.2110(f). 

A tribal land bidding credit is in 

addition, and separate from, any other 

bidding credit for which a winning 

bidder may qualifiy. 

F. Default and Disqualification 

142. Any high bidder that defaults or 

is disqualified after the close of the 

auction (i.e., fails to remit the required 

down payment within the prescribed 

period of time, fails to submit a timely 

long-form application, fails to make full 

payment, or is otherwise disqualified) 

will be subject to the payments 

described in 47 CFR 1.2104(g)(2). In 

such event the Commission may reauction the license or offer it to the next 

highest bidder (in descending order) at 

its final bid. In addition, if a default or 

disqualification involves gross 

misconduct, misrepresentation, or bad 

faith by an applicant, the Commission 

may declare the applicant and its 

principals ineligible to bid in future 

auctions, and may take any other action 

that it deems necessary, including 

institution of proceedings to revoke any 

existing licenses held by the applicant. 

G. Refund of Remaining Upfront 

Payment Balance 

143. All applicants that submit 

upfront payments but are not winning 

bidders for a license in Auction No. 58 

may be entitled to a refund of their 

remaining upfront payment balance 

after the conclusion of the auction. No 

refund will be made unless there are 

excess funds on deposit from the 

applicant after any applicable bid 

withdrawal payments have been paid. 

All refunds will be returned to the payer 

of record, as identified on the FCC Form 

159, unless the payer submits written 

authorization instructing otherwise. 

144. Bidders that drop out of the 

auction completely may be eligible for 

a refund of their upfront payments 

before the close of the auction. Qualified 

bidders that have exhausted all of their 

activity rule waivers, have no remaining 

bidding eligibility, and have not 

withdrawn a high bid during the 

auction must submit a written refund 

request. If you have completed the 

refund instructions electronically, then 

only a written request for the refund is 

necessary. If not, the request must also 

include wire transfer instructions, 

Taxpayer Identification Number (TIN) 

and FCC Registration Number (FRN). 

Send refund request to: Federal 

Communications Commission, 

Financial Operations Center, Auctions 

Accounting Group, Gail Glasser, 445 

12th Street, SW., Room 1–C864, 

Washington, DC 20554. 

145. Bidders are encouraged to file 

their refund information electronically 

using the refund information portion of 

the FCC Form 175, but bidders can also 

fax their information to the Auctions 

Accounting Group at (202) 418–2843. 

Once the information has been 

approved, a refund will be sent to the 

party identified in the refund 

information.

Note: Refund processing generally takes up 

to two weeks to complete. Bidders with 

questions about refunds should contact Gail 

Glasser at (202) 418–0578.

Federal Communications Commission. 

Gary Michaels, 

Deputy Chief, Auctions and Spectrum Access 

Division, WTB.

[FR Doc. 04–24118 Filed 10–27–04; 8:45 am] 

BILLING CODE 6712–01–P

FEDERAL RESERVE SYSTEM

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB

AGENCY: Board of Governors of the 

Federal Reserve System

SUMMARY: Background.

Notice is hereby given of the final 

approval of proposed information 

collection by the Board of Governors of 

the Federal Reserve System (Board) 

under OMB delegated authority, as per 

5 CFR 1320.16 (OMB Regulations on 

Controlling Paperwork Burdens on the 

Public). Board–approved collections of 

information are incorporated into the 

official OMB inventory of currently 

approved collections of information. 

Copies of the OMB 83–Is and supporting 

statements and approved collection of 

information instrument(s) are placed 

Federal Register / Vol. 69, No. 208 / Thursday, October 28, 2004 / Notices 62897

into OMB’s public docket files. The 

Federal Reserve may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection that has been extended, 

revised, or implemented on or after 

October 1, 1995, unless it displays a 

currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT:

Federal Reserve Board Clearance Officer 

– Cindy Ayouch––Division of Research 

and Statistics, Board of Governors of the 

Federal Reserve System, Washington, 

DC 20551 (202–452–3829).

OMB Desk Officer–Mark Menchik––

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, New Executive Office Building, 

Room 10235, Washington, DC 20503, or 

email to mmenchik@omb.eop.gov.

Final approval under OMB delegated 

authority of the extension for three 

years, without revision of the following 

report:

Report title: Recordkeeping and 

Disclosure Requirements Associated 

with Securities Transactions Pursuant to 

Regulation H.

Agency form number: Reg H–3.

OMB Control number: 7100–0196.

Frequency: Development of policy 

statement, one time; Trust company 

report, quarterly; Transactions 

recordkeeping, on occasion; and 

Disclosure, on occasion.

Reporters: State member banks and 

trust companies.

Annual reporting hours: 158,327

Estimated average hours per response:

Development of policy statement, 30 

minutes; Trust company report, 15 

minutes; Transaction recordkeeping, 3 

minutes; and Disclosure, 3 minutes.

Number of respondents: 1,286

General description of report: This 

information collection is mandatory (12 

U.S.C. § 325). If the records maintained 

by state member banks come into the 

possession of the Federal Reserve, they 

are given confidential treatment (5 

U.S.C. §§ 552(b)(4), (b)(6), and (b)(8)).

Abstract: State–chartered member 

banks and trust companies effecting 

securities transactions for customers 

must establish and maintain a system of 

records, furnish confirmations to 

customers, and establish written 

policies and procedures relating to 

securities trading. They are required to 

maintain records for three years 

following the transaction. These 

requirements are necessary to protect 

the customer, to avoid or settle customer 

disputes, and to protect the bank against 

potential liability arising under the 

anti–fraud and insider trading 

provisions of the Securities Exchange 

Act of 1934.

Board of Governors of the Federal Reserve 

System, October 22, 2004.

Robert deV. Frierson

Deputy Secretary of the Board.

[FR Doc. 04–24108 Filed 10–27–04; 8:45 am]

BILLING CODE 6210–01–S

FEDERAL RESERVE SYSTEM

Change in Bank Control Notices; 

Acquisition of Shares of Bank or Bank 

Holding Companies

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire a bank or bank 

holding company. The factors that are 

considered in acting on the notices are 

set forth in paragraph 7 of the Act (12 

U.S.C. 1817(j)(7)).

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 

the office of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than 

November 12, 2004.

A. Federal Reserve Bank of Kansas 

City (Donna J. Ward, Assistant Vice 

President) 925 Grand Avenue, Kansas 

City, Missouri 64198–0001:

1. M.L. Smith Revocable Trust, 

Brookfield, Missouri; Mark L. Smith, 

trustee; the Ann E. Smith Revocable 

Trust and the Ann E. Smith Residuary 

Trust, both in Brookfield, Missouri; Ann 

E. Smith, trustee; and Michael R. Smith, 

Perry, Iowa; to retain voting shares of 

First Missouri Bancshares, Inc., and 

thereby indirectly retain voting shares of 

First Missouri National Bank, both in 

Brookfield, Missouri.

Board of Governors of the Federal Reserve 

System, October 25, 2004.

Robert deV. Frierson,

Deputy Secretary of the Board.

[FR Doc. 04–24140 Filed 10–27–04; 8:45 am]

BILLING CODE 6210–01–S

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR Part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below.

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The application also will be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the BHC Act (12 U.S.C. 1842(c)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Additional information on all bank 

holding companies may be obtained 

from the National Information Center 

website at www.ffiec.gov/nic/.

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than November 22, 

2004.

A. Federal Reserve Bank of Chicago

(Patrick Wilder, Assistant Vice 

President) 230 South LaSalle Street, 

Chicago, Illinois 60690–1414:

1. Nashua Bancshares, Inc., Saint 

Paul, Minnesota; to become a bank 

holding company by acquiring 100 

percent of the voting shares of First 

State Bank (in organization), Nashua, 

Iowa, and thereby indirectly acquire 

voting shares of First State Bank (in 

organization), Nashua, Iowa.

2. FNSB Bancorp, Inc., Nashua, Iowa; 

to become a bank holding company by 

acquiring 35 percent of the boting shares 

of Nashua Bancshares, Inc., Saint Paul, 

Minnesota, and thereby indirectly 

acquire voting shares of First State Bank 

(in organization), Nashua, Iowa.

3. Readlyn Bancshares, Inc., St. Paul, 

Minnesota; to acquire 20 percent; Britt 

Bancshares, Inc., St. Paul, Minnesota, to 

acquire 15 percent; Tripoli Bancshares, 

Inc., St. Paul, Minnesota, to acquire 15 

percent; Ashton Bancshares, Inc., St. 

Paul, Minnesota, to acquire 15 percent; 

of the voting shares of Nashua 

Bancshares, Inc., St. Paul, Minnesota, 

and thereby indirectly acquire voting 

shares of First State Bank (in 

organization), Nashua, Iowa.