81678 Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices 

confidential financial information 

within the meaning of 5 U.S.C. 552(b)(4) 

(Freedom of Information Act). See 29 

CFR 4204.21. 

Under § 4204.22 of the regulation, 

PBGC shall approve a request for a 

variance or exemption if it determines 

that approval of the request is 

warranted, in that it: 

(1) Would more effectively or 

equitably carry out the purposes of Title 

IV of the Act; and 

(2) Would not significantly increase 

the risk of financial loss to the plan. 

Section 4204(c) of ERISA and 

§ 4204.22(b) of the regulation requires 

PBGC to publish a notice of the 

pendency of a request for a variance or 

exemption in the Federal Register, and 

to provide interested parties with an 

opportunity to comment on the 

proposed variance or exemption. 

The Request 

PBGC has received a request, dated 

September 9, 2010, from Rangers 

Baseball Express, LLC (the ‘‘Purchaser’’) 

for an exemption from the bond/escrow 

requirement of section 4204(a)(1)(B) 

with respect to its purchase of Texas 

Rangers Baseball Partners (the ‘‘Seller’’). 

In the request, the Purchaser represents, 

among other things, that: 

1. The Seller was obligated to 

contribute to the Major League Baseball 

Players Pension Plan (the ‘‘Plan’’) for 

certain employees of the purchased 

operations. 

2. The Purchaser has agreed to assume 

the obligation to contribute to the Plan 

for substantially the same number of 

contribution base units as the Seller. 

3. The Seller has agreed to be 

secondarily liable for any withdrawal 

liability it would have had with respect 

to the purchased operations (if not for 

section 4204) should the Purchaser 

withdraw from the Plan and fail to pay 

its withdrawal liability. 

4. The estimated amount of the 

withdrawal liability of the Seller with 

respect to the operations subject to the 

sale is $34,030,359. 

5. The amount of the bond/escrow 

established under section 4204(a)(1)(B) 

is $4,068,868, which is to be posted if 

PBGC has not acted on the request by 

the end of the plan year of the request. 

6. The Major League Baseball Clubs 

(the ‘‘Clubs’’) have established the Major 

League Central Fund (the ‘‘Central 

Fund’’) pursuant to the Major League 

Baseball Constitution. Under this 

Constitution, the Office of the 

Commissioner of Baseball pays 

contributions to the Plan from the 

Central Fund on behalf of each 

participating employer in satisfaction of 

the employer’s pension liability under 

the Plan’s funding agreement. The 

monies in the Central Fund are derived 

directly from (i) gate receipts from AllStar games; (ii) radio and television 

revenue from World Series, League 

Championship Series, Division Series, 

All-Star Games, and (iii) certain other 

radio and television revenue, including 

revenues from foreign broadcasts, 

regular, spring training, and exhibition 

games (‘‘Revenues’’). 

7. In support of the exemption 

request, the Purchaser asserts that ‘‘[t]he 

Plan is funded from the Revenues which 

are paid from the Central Fund directly 

to the Plan without passing through the 

hands of any of the Clubs. Therefore, the 

Plan enjoys a substantial degree of 

security with respect to contributions on 

behalf of the Clubs. A change in 

ownership of a particular Club does not 

affect the obligation of the Central Fund 

to fund the Plan out of the Revenues. As 

such, approval of this exemption 

request would not significantly increase 

the risk of financial loss to the Plan.’’ 

8. A complete copy of the request was 

sent to the Plan and to the Major League 

Baseball Players Association by certified 

mail, return receipt requested. 

Issued at Washington, DC on December 17, 

2010. 

Joshua Gotbaum, 

Director. 

[FR Doc. 2010–32532 Filed 12–27–10; 8:45 am] 

BILLING CODE 7708–01–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

National Council on Federal LaborManagement Relations Meeting 

AGENCY: Office of Personnel 

Management. 

ACTION: Notice of meeting. 

SUMMARY: The National Council on 

Federal Labor-Management Relations 

plans to meet on the following dates— 

Wednesday, January 19, 2011. 

Wednesday, February 16, 2011. 

The meetings will start at 10 a.m. and 

will be held in the AIA Gallery Room at 

the American Institute of Architects, 

1735 New York Avenue, NW., 

Washington, DC 20006. Interested 

parties should consult the Council Web 

site at http://www.lmrcouncil.gov for the 

latest information on Council activities, 

including changes in meeting dates. 

The Council is an advisory body 

composed of representatives of Federal 

employee organizations, Federal 

management organizations, and senior 

government officials. The Council was 

established by Executive Order 13522, 

entitled, ‘‘Creating Labor-Management 

Forums to Improve Delivery of 

Government Services,’’ which was 

signed by the President on December 9, 

2009. Along with its other 

responsibilities, the Council assists in 

the implementation of Labor 

Management Forums throughout the 

government and makes 

recommendations to the President on 

innovative ways to improve delivery of 

services and products to the public 

while cutting costs and advancing 

employee interests. The Council is cochaired by the Director of the Office of 

Personnel Management and the Deputy 

Director for Management of the Office of 

Management and Budget. 

At its meetings, the Council will 

continue its work in promoting 

cooperative and productive 

relationships between labor and 

management in the executive branch, by 

carrying out the responsibilities and 

functions listed in Section 1(b) of the 

Executive Order. The meetings are open 

to the public. Please contact the Office 

of Personnel Management at the address 

shown below if you wish to present 

material to the Council at the meeting. 

The manner and time prescribed for 

presentations may be limited, 

depending upon the number of parties 

that express interest in presenting 

information. 

FOR FURTHER INFORMATION CONTACT: Tim 

Curry, Deputy Associate Director for 

Partnership and Labor Relations, Office 

of Personnel Management, 1900 E 

Street, NW., Room 7H28–E, 

Washington, DC 20415. Phone (202) 

606–2930; FAX (202) 606–2613; or 

e-mail at PLR@opm.gov. 

For the National Council. 

John Berry, 

Director. 

[FR Doc. 2010–32625 Filed 12–27–10; 8:45 am] 

BILLING CODE 6325–39–P 

OFFICE OF SCIENCE AND 

TECHNOLOGY POLICY 

Aeronautics Science and Technology 

Subcommittee; Committee on 

Technology; National Science and 

Technology Council 

ACTION: Notice of Meeting—Public input 

is requested on the National 

Aeronautics Research, Development, 

Test and Evaluation (RDT&E) 

Infrastructure Plan. 

SUMMARY: The Aeronautics Science and 

Technology Subcommittee (ASTS) of 

the National Science and Technology 

Council’s (NSTC) Committee on 

Technology will hold a public meeting 


emcdonald on DSK2BSOYB1PROD with NOTICES