Federal Register / Vol. 65, No. 119 / Tuesday, June 20, 2000 / Notices 38281

that is listed in § 225.28 of Regulation Y

(12 CFR 225.28) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

The notice also will be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than July 5, 2000.

A. Federal Reserve Bank of San

Francisco (Maria Villanueva, Consumer

Regulation Group) 101 Market Street,

San Francisco, California 94105–1579:

1. CB Bancshares, Inc., Honolulu,

Hawaii; to acquire Citibank Properties,

Inc., Honolulu, Hawaii, and thereby

holding and acquiring commercial and

residential mortgage loans and mortgage

backed securities, pursuant to Section

225.28(b)(1) of Regulation Y.

Board of Governors of the Federal Reserve

System, June 15, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–15526 Filed 6–19–00; 8:45 am]

BILLING CODE 6210–01–P

FEDERAL RESERVE SYSTEM

Sunshine Meeting; Notice

AGENCY HOLDING THE MEETING: Board of

Governors of the Federal Reserve

System.

TIME AND DATE: 12 noon, Monday, June

26, 2000.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, 20th and C

Streets, N.W., Washington, D.C. 20551.

STATUS: Closed.

MATTERS TO BE CONSIDERED: 

1. Personnel actions (appointments,

promotions, assignments,

reassignments, and salary actions)

involving individual Federal Reserve

System employees.

2. Any matters carried forward from a

previously announced meeting.

CONTACT PERSON FOR MORE INFORMATION:

Lynn S. Fox, Assistant to the Board;

202–452–3204.

SUPPLEMENTARY INFORMATION: You may

call 202–452–3206 beginning at

approximately 5 p.m. two business days

before the meeting for a recorded

announcement of bank and bank

holding company applications

scheduled for the meeting; or you may

contact the Board’s Web site at http://

www.federalreserve.gov for an

electronic announcement that not only

lists applications, but also indicates

procedural and other information about

the meeting.

Dated: June 16, 2000.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 00–15700 Filed 6–16–00; 3:04 pm]

BILLING CODE 6210–01–P

FEDERAL TRADE COMMISSION

[File No. 992 3202]

Riley Manufactured Homes, Inc., et al.;

Analysis To Aid Public Comment

AGENCY: Federal Trade Commission.

ACTION: Proposed consent agreement.

SUMMARY: The consent agreement in this

matter settles alleged violations of

federal law prohibiting unfair or

deceptive acts or practices or unfair

methods of competition. The attached

Analysis to Aid Public Comment

describes both the allegations in the

draft complaint that accompanies the

consent agreement and the terms of the

consent order—embodied in the consent

agreement—that would settle these

allegations.

DATES: Comments must be received on

or before July 13, 2000.

ADDRESSES: Comments should be

directed to: FTC/Office of the Secretary,

Room 159, 600 Pennsylvania Ave., NW.,

Washington, DC 20580.

FOR FURTHER INFORMATION CONTACT: John

Hallerud or C. Steven Baker, Federal

Trade Commission, Midwest Region, 55

E. Monroe St., Suite 1860, Chicago, IL

60603–5701. (312) 960–5633.

SUPPLEMENTARY INFORMATION: Pursuant

to section 6(f) of the Federal Trade

Commission Act, 38 Stat. 721, 15 U.S.C.

46 and section 2.34 of the Commission’s

Rules of Practice (16 CFR 2.34), notice

is hereby given that the above-captioned

consent agreement containing a consent

order to crease and desist, having been

filed with and accepted, subject to final

approval, by the Commission, has been

placed on the public record for a period

of thirty (30) days. The following

Analysis to Aid Public Comment

describes the terms of the consent

agreement, and the allegations in the

complaint. An electronic copy of the

full text of the consent agreement

package can be obtained from the FTC

Home Page (for June 13, 2000), on the

World Wide Web, at ‘‘http://

www.ftc.gov/ftc.formal.htm.’’ A paper

copy can be obtained from the FTC

Public Reference Room, Room H–130,

600 Pennsylvania Avenue, NW.,

Washington DC 20580, either in person

or by calling (202) 326–3627.

Public comment is invited. Comments

should be directed to: FTC/Office of the

Secretary, Room 159, 600 Pennsylvania

Ave., NW., Washington, DC 20580. Two

paper copies of each comment should

be filed, and should be accompanied, if

possible, by a 31⁄2 inch diskette

containing an electronic copy of the

comment. Such comments or views will

be considered by the Commission and

will be available for inspection and

copying at its principal office in

accordance with section 4.9(b)(6)(ii) of

the Commission’s Rules of Practice (16

CFR 4.9(b)(6)(ii)).

Analysis of Proposes Consent Order To

Aid Public Comments

The Federal Trade Commssion has

accepted an agreement to a proposed

consent order from Riley Manufactured

Homes, Inc., and its president, Dennis

Ohnstad (‘‘respondents’’).

The proposed consent order has been

placed on the public record for thirty

(30) days for reception of comments by

interested persons. Comments received

during this period will become part of

the public record. After thirty (30) days,

the Commission will again review the

agreement and the comments received

and will decide whether it should

withdraw from the agreement and take

other appropriate action or make final

the agreement’s proposed order.

The Commission’s complaint alleges

that respondents’ credit advertisements

violated section 144 of the Truth in

Lending Act, (‘‘TILA’’), 15 U.S.C. 1664,

and Section 226.24 of Regulation Z, 12

CFR 226.24. Congress established

statutory disclosure requirements for

credit advertising under the TILA and

directed the Federal Reserve Board

(‘‘Board’’) to promulgate a regulation

implementing such statute—Regulation

Z. See 15 U.S.C. 1601–1667e; 12 CFR

part 226.

According to the complaint,

respondents’ advertisements stated a

rate of finance charge for financing the

pubchase of manufactured homes but

did not properly disclose the rate as an

annual percentage rate, as required by

Regulation Z. The complaint also alleges

that respondents’ credit advertisements

stated a monthly payment amount or

other ‘‘triggering’’ terms (the amount or

percentage of any downpayment; the

number of payments or the period of

repayment; the amount of any payment;

38282 Federal Register / Vol. 65, No. 119 / Tuesday, June 20, 2000 / Notices

or the amount of any finance charge),

but failed to disclose the following

information required by RegulationZ:

the amount or percentage of the

downpayment; the terms of repayment;

and the annual percentage rate.

The proposed consent order contains

provisions designed to remedy the

violations charged and to prevent the

proposed respondents from engaging in

similar acts in the future. In particular,

Part I of the proposed order prohibits

respondents from: (A) Stating a rate of

finance charge without disclosing the

APR; (B) using triggering terms without

providing the additional disclosures

required by Regulation Z; and (C) failing

to comply with TILA and Regulation Z.

Part II of the proposed order requires

respondents to maintain and make

available records of compliance for five

years. Part III requires respondents to

distribute copies of the order to

company personnel. Part IV requires

respondents to notify the Commission of

changes in corporate structure that may

affect acompliance obligations under the

proposed order. Part V requires the

individual respondent to notify the

Commission of changes in his

employment status for three years. Part

VI requires respondents to file

compliance reports. Finally, Part VII

sunsets the proposed order after twenty

years.

The purpose of this analysis is to

facilitate public comments on the

proposed order, and it is not intended

to constitute an official interpretation of

the agreement and proposed order or to

modify in any way their terms.

By direction of the Commission.

Donald S. Clark,

Secretary.

[FR Doc. 00–15471 Filed 6–19–00; 8:45 am]

BILLING CODE 6750–01–M

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards

Advisory Board

AGENCY: General Accounting Office

ACTION: Notice of meeting in San

Francisco on July 3, 2000.

Board Action: Pursuant to the Federal

Advisory Committee Act (Pub. L. 92–

463), as amended, and the FASAB Rules

Of Procedure, as amended in October,

1999, notice is hereby given that the

Federal Accounting Standards Advisory

Board (FASAB) will meet on Monday,

July 3, from 9:00 AM to 3:00 PM (Pacific

Coast Time) in San Francisco,

California, in the Pacific Conference

Room J (4th floor) of the San Francisco

Marriott Hotel. The address of the hotel

is 55 Fourth St., San Francisco, CA

94103. The telephone number is 415–

896–1600. The meeting is being held in

conjunction with the Professional

Development Conference of the

Association of Government

Accountants.

The purpose of the meeting is to:

• Review and discuss the FY 1999

Consolidated Financial Statement,

• Discuss the status of the SFFAS 7

Implementation Guide, and

• Review changes to the Stewardship

Exposure Drafts.

Any interested person may attend the

meeting as an observer. Board

discussion and reviews are open to the

public.

FOR FURTHER INFORMATION CONTACT:

Wendy Comes, Executive Director, 441

G St., NW., Room 6814, Washington, DC

20548, or call (202) 512–7350.

Authority: Federal Advisory Committee

Act. Pub. L. 92–463.

Dated: June 15, 2000.

Wendy M. Comes,

Executive Director.

[FR Doc. 00–15487 Filed 6–19–00; 8:45 am]

BILLING CODE 1610–01–M

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Centers for Disease Control and

Prevention

[Program Announcement 00122]

Prevention and Control Micro-Nutrient

Malnutrition; Notice of Availability of

Funds

A. Purpose

The Centers for Disease Control and

Prevention (CDC), Division of Nutrition

and Physical Activity (DNPA)

announces the availability of fiscal year

(FY) 2000 funds for a sole source

cooperative agreement program with the

World Health Organization (WHO),

Geneva, Switzerland, for the prevention

and control of micro-nutrient

malnutrition.

B. Eligible Applicant

Single Source

Assistance will be provided only to

the World Health Organization (WHO)

in Geneva, Switzerland. No other

applications are solicited.

WHO is the most appropriate and

qualified agency to conduct the

activities under this cooperative

agreement because; WHO (a) has

demonstrated the necessary expertise

and experience in technical, policy, and

program issues relating to micronutrient malnutrition; (b) maintains

relationships with officials of ministries

of health and other policy makers

throughout the region; and (c) serves as

the source of international standards for

nutritional status, including micronutrient status.

1. WHO supports micro-nutrient

malnutrition intervention programs

throughout the Eastern Mediterranean

region. In the past 10 years WHO

through WHO/EMRO has made progress

in working towards the prevention of

iron deficiency anemia (IDA) and the

elimination of iodine deficiency

disorders (IDD). WHO through WHO/

EMRO identified flour fortification with

iron and folate as the best preventive

and most sustainable strategy for IDA, as

bread and other wheat-flour products

are widely consumed in the countries of

region. Through regional workshops,

WHO through WHO/ERMO has helped

countries write action plans for flour

fortification with iron and folate and at

present six countries have either begun

or are in the process of beginning flour

fortification. Additionally, WHO

through WHO/EMRO supports countrybased salt iodization programs

throughout the region which has had a

significant impact on reducing the

burden of iodine deficiency disorders.

2. The proposed program is strongly

supportive of, and directly related to,

the achievement of WHO through WHO/

EMRO and the CDC/Micro-nutrient

Malnutrition Program objectives for the

prevention and control of micronutrient malnutrition.

3. WHO is the only organization

within the Eastern Mediterranean

Region that has demonstrated the

experience and maintains relationships

with officials of ministries of health

throughout the region in order to

coordinate micro-nutrient malnutrition

programs.

C. Availability of Funds

Approximately $250,000 is available

in FY 2000 to fund one award. It is

expected that the award will begin on or

about September 30, 2000 will be made

for a 12-month budget period within a

project period of up to two years.

D. Where To Obtain Additional

Information

Business management technical

assistance may be obtained from: Robert

Hancock, Grants Management

Specialist, Grants Management Branch,

Procurement and Grants Office, Centers

for Disease Control and Prevention,

Room 3000, 2920 Brandywine Road,

Atlanta, GA 30341–4146, Telephone