Federal Register / Vol. 62, No. 195 / Wednesday, October 8, 1997 / Proposed Rules 52515

Information accepted by BXA as

confidential will be protected from

public disclosure to the extent

permitted by law. Communications

between agencies of the United States

Government or with foreign

governments will not be made available

for public inspection.

All other information relating to the

notice will be a matter of public record

and will be available for public

inspection and copying. In the interest

of accuracy and completeness, BXA

requires written comments. Oral

comments must be followed by written

memoranda, which will also be a matter

of public record and will be available

for public review and copying.

The public record concerning these

comments will be maintained in the

Freedom of Information Records

Inspection Facility, Room 4525, U.S.

Department of Commerce, 14th Street

and Pennsylvania Avenue, NW,

Washington, D.C. 20230. Records in this

facility, including written public

comments and memoranda

summarizing the substance of oral

communications, may be inspected and

copied in accordance with regulations

published in part 4 of title 15 of the

Code of Federal Regulations.

Information about inspection and

copying of records at this facility may be

obtained from Margaret Cornejo, BXA

Freedom of Information Officer, at the

above address or by calling (202) 482–

2593.

Dated: October 3, 1997.

William V. Skidmore,

Acting Assistant Secretary for Export

Administration.

[FR Doc. 97–26695 Filed 10–7–97; 8:45 am]

BILLING CODE 3510–33–P

DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

15 CFR Part 806

[Docket No. 970918231–7231–01]

RIN 0691–AA08

Direct Investment Surveys: BE–12,

Benchmark Survey of Foreign Direct

Investment in the United States—1997

AGENCY: Bureau of Economic Analysis,

Commerce.

ACTION: Notice of proposed rulemaking.

SUMMARY: This document sets forth

proposed rules to revise 15 CFR 806.17

to present the reporting requirements for

the BE–12, Benchmark Survey of

Foreign Direct Investment in the United

States—1997 and to delete the rules

now in 15 CFR 806.17, which were for

the last benchmark survey covering

1992.

The BE–12 benchmark survey is

conducted by the Bureau of Economic

Analysis (BEA), U.S. Department of

Commerce, under Section 3103(b) of the

International Investment and Trade in

Services Survey Act, which requires

that a benchmark survey of foreign

direct investment in the United States

be conducted every five years. The last

benchmark survey was conducted for

1992, and the proposed survey will be

conducted for 1997. The benchmark

survey will obtain universe data on the

financial and operating characteristics

of, and on positions and transactions

between, U.S. affiliates and their foreign

parents. The data from the quinquennial

survey will provide benchmarks for

deriving current universe estimates of

foreign direct investment from sample

data collected in other BEA surveys in

nonbenchmark years. The data are

needed to measure the economic

significance of foreign direct investment

in the United States, measure changes in

such investment, assess its impact on

the U.S. economy, and based upon this

assessment, make informed policy

decisions regarding foreign direct

investment in the United States. They

are also required for compiling the

balance of payments, international

investment position, and national

income and product accounts of the

United States.

Key changes proposed by BEA from

the previous benchmark survey include

reducing respondent burden,

particularly for small companies, by:

Increasing the exemption level for

reporting on the survey to $3 million

(measured by the company’s total assets,

sales, or net income) from $1 million in

the 1992 survey; increasing the

exemption level at which reporting on

the long form version of the survey is

required from $50 million to $100

million; and requiring reporting

companies with assets, sales, or net

income between $3 million and $30

million to report only selected data

items on the short form version. In

addition, BEA proposes to base industry

coding of reporting companies on the

new North American Industry

Classification System (NAICS) in place

of the current system which is based on

the U.S. Standard Industrial

Classification system; to collect new

information on affiliated services

transactions by type of service; and to

modify the detail collected on the

composition of external financing of the

reporting enterprise, on exports and

imports of goods by product, and on the

operations of foreign-owned businesses

in individual States.

DATES: Comments on the proposed rules

will receive consideration if submitted

in writing on or before November 24,

1997.

ADDRESSES: Comments may be mailed to

the Office of the Chief, International

Investment Division (BE–50), Bureau of

Economic Analysis, U.S. Department of

Commerce, Washington, DC 20230, or

hand delivered to Room M–100, 1441 L

Street NW, Washington, DC 20005.

Comments received will be available for

public inspection in Room 7005, 1441 L

Street NW, between 8:30 a.m. and 4:30

p.m., Monday through Friday.

FOR FURTHER INFORMATION CONTACT: R.

David Belli, Chief, International

Investment Division (BE–50), Bureau of

Economic Analysis, U.S. Department of

Commerce, Washington, DC 20230;

phone (202) 606–9800.

SUPPLEMENTARY INFORMATION: These

proposed rules set forth the reporting

requirements for the BE–12, Benchmark

Survey of Foreign Direct Investment in

the United States—1997. This survey is

to be conducted by the Bureau of

Economic Analysis, U.S. Department of

Commerce, under the International

Investment and Trade in Services

Survey Act (Pub. L. 94–472, 90 Stat.

2059, 22 U.S.C. 3101–3108, as amended

by Pub. L. 98–573 and Pub. L. 101–533),

hereinafter, ‘‘the Act.’’ Section 3103(b)

of the Act, as amended, requires that

‘‘With respect to foreign direct

investment in the United States, the

President shall conduct a benchmark

survey covering year 1980, a benchmark

survey covering year 1987, and

benchmark surveys covering every fifth

year thereafter . . . In conducting

surveys pursuant to this subsection, the

President shall, among other things and

to the extent he determines necessary

and feasible—

(1) Identify the location, nature, and

magnitude of, and changes in the total

investment by any parent in each of its

affiliates and the financial transactions

between any parent and each of its

affiliates;

(2) Obtain (A) information on the

balance sheet of parents and affiliates

and related financial data, (B) income

statements, including the gross sales by

primary line of business (with as much

product line detail as necessary and

feasible) of parents and affiliates in each

country in which they have significant

operations, and (C) related information

regarding trade, including trade in both

goods and services, between a parent

and each of its affiliates and between

each parent or affiliate and any other

person;
52516 Federal Register / Vol. 62, No. 195 / Wednesday, October 8, 1997 / Proposed Rules

(3) Collect employment data showing

both the number of United States and

foreign employees of each parent and

affiliate and the levels of compensation,

by country, industry, and skill level;

(4) Obtain information on tax

payments by parents and affiliates by

country; and

(5) Determine, by industry and

country, the total dollar amount of

research and development expenditures

by each parent and affiliate, payments

or other compensation for the transfer of

technology between parents and their

affiliates, and payments or other

compensation received by parents or

affiliates from the transfer of technology

to other persons.’’

The responsibility for conducting

benchmark surveys of foreign direct

investment in the United States has

been delegated to the Secretary of

Commerce, who as redelegated it to

BEA.

The benchmark surveys are BEA’s

censuses, intended to cover the universe

of foreign direct investment in the

United States in value terms. Foreign

direct investment in the United States is

defined as the ownership or control,

directly or indirectly, by one foreign

person of 10 percent or more of the

voting securities of an incorporated U.S.

business enterprise or an equivalent

interest in an unincorporated U.S.

business enterprise, including a branch.

The purpose of the benchmark survey

is to obtain data on the amount, types,

and financial and operating

characteristics of foreign direct

investment in the United States.

The data from the survey will be used

to measure the economic significance of

such investment and to analyze its

effects on the U.S. economy. They will

also be used in formulating, and

assessing the impact of, U.S. policy on

foreign direct investment.

They will provide benchmarks for

deriving current universe estimates of

direct investment from sample data

collected in other BEA surveys. In

particular, they will serve as

benchmarks for the quarterly direct

investment estimates included in the

U.S. international transactions and

national income and product accounts,

and for annual estimates of the foreign

direct investment position in the United

States at book value and of the

operations of the U.S. affiliates of

foreign companies.

The benchmark surveys are also the

most comprehensive of BEA’s surveys

in terms of subject matter in order that

they obtain the detailed information on

foreign direct investment needed for

policy purposes. As specified in the Act,

policy areas of particular interest

include, among other things, trade in

both goods and services, employment

and employee compensation, taxes, and

technology.

As proposed, the survey will consist

of an instruction booklet, an industry

coding booklet, a claim for not filing the

BE–12, and the following report forms:

1. Form BE–12(LF) (Long Form) for

reporting by nonbank U.S. affiliates

with assets, sales, or net income of more

than $100 million;

2. Form BE–12(SF) (Short Form) for

reporting by nonbank U.S. affiliates

with assets, sales, or net income of more

than $3 million, but not more than $100

million;

3. Form BE–12 Bank for reporting by

U.S. affiliates that are banks with assets,

sales, or net income of more than $3

million.

Although the proposed survey is

intended to cover the universe of foreign

direct investment in the United States,

in order to minimize the reporting

burden, U.S. affiliates with assets, sales,

and net income each equal to or less

than $3 million are exempt from

reporting on Forms BE–12(LF), BE–

12(SF), and BE–12 Bank, but are

required to file, on Form BE–12(X), a

claim for exemption from filing in the

benchmark survey.

In designing this survey, BEA

solicited comments from an extensive

number of representatives of both data

users and survey respondents. BEA held

a meeting with interagency data users

on May 2, 1997 to solicit views on the

proposed benchmark survey. It solicited

and received input from several

nongovernment data users. BEA also

solicited comments from respondents by

sending a packet with forms and

proposed changes to 13 large companies

that are current respondents to BEA

surveys. The proposed draft

incorporates BEA’s responses to

comments received from users and

respondents. In reaching decisions on

what questions to include in the survey,

BEA considered the Government’s need

for the data, the burden imposed on

respondents, the quality of the likely

responses (e.g., whether the data are

readily available on the respondents’

books), and its experience in previous

benchmark surveys.

Key changes proposed by BEA from

the previous benchmark survey include

reducing respondent burden,

particularly for small companies, by: (1)

Increasing the exemption level for

reporting on the survey to $3 million

(measured by the company’s total assets,

sales, or net income) from $1 million in

the 1992 survey; (2) increasing the

exemption level at which reporting on

Form BE–12(LF) (Long Form) is

required from $50 million to $100

million; and (3) requiring reporting

companies with assets, sales, or net

income between $3 million and $30

million to report only selected data

items on Form BE–12(SF) (Short Form).

In addition, BEA proposes to base

industry coding of reporting companies

on the new North American Industry

Classification System (NAICS) in place

of the current system which is based on

the U.S. Standard Industrial

Classification system; to collect new

information on affiliated services

transactions by type of service; and to

modify the detail collected on the

composition of external financing of the

reporting enterprise, on exports and

imports of goods by product, and on the

operations of foreign-owned businesses

in individual States.

A copy of the proposed survey forms

may be obtained from the Direct

Investment in the United States Branch,

International Investment Division, BE–

49(A), Bureau of Economic Analysis,

U.S. Department of Commerce,

Washington, DC 20230; phone (202)

606–5577.

Executive Order 12612

These proposed rules do not contain

policies with Federalism implications

sufficient to warrant preparation of a

Federalism assessment under E.O.

12612.

Executive Order 12866

These proposed rules have been

determined to be not significant for

purposes of E.O. 12866.

Paperwork Reduction Act

These proposed rules contain a

collection of information requirement

subject to the Paperwork Reduction Act.

The collection of information

requirement contained in the proposed

rule has been submitted to the Office of

Management and Budget for review

under section 3507 of the Paperwork

Reduction Act.

Notwithstanding any other provisions

of the law, no person is required to

respond to, nor shall any person be

subject to a penalty for failure to comply

with, a collection-of-information subject

to the requirements of the Paperwork

Reduction Act unless that collection

displays a currently valid Office of

Management and Budget Control

Number, such a Control Number (0608–

0042) has been displayed.

Public reporting burden for this

collection of information is estimated to

vary from 1 to 715 hours per response,

with an average of 22 hours per

response, including time for reviewing

instructions, searching existing data
Federal Register / Vol. 62, No. 195 / Wednesday, October 8, 1997 / Proposed Rules 52517

sources, gathering and maintaining the

data needed, and completing and

reviewing the collection of information.

Comments are requested concerning:

(a) Whether the proposed collection of

information is necessary for the proper

performance of the agency, including

whether the information will have

practical utility; (b) the accuracy of the

burden estimate; (c) ways to enhance

the quality, utility, and clarity of the

information collected; and (d) ways to

minimize the burden of the collection of

information on the respondents,

including the use of automated

collection techniques or other forms of

information technology. Comments

should be addressed to: Director, Bureau

of Economic Analysis (BE–1), U.S.

Department of Commerce, Washington,

DC 20230; and the Office of

Management and Budget, O.I.R.A.,

Paperwork Reduction Project 0608–

0042, Washington, DC 20503.

Regulatory Flexibility Act

The Assistant General Counsel for

Legislation and Regulation, Department

of Commerce, has certified to the Chief

Counsel for Advocacy, Small Business

Administration, under provisions of the

Regulatory Flexibility Act (5 U.S.C.

605(b)), that this proposed rulemaking,

if adopted, will not have a significant

economic impact on a substantial

number of small entities. Most small

businesses are not foreign owned, and

many that are will not be required to

report in the benchmark survey because

their assets, sales, and net income are

each equal to or less than the $3 million

exemption level below which reporting

is not required. Also, under these

proposed rules, companies with assets,

sales, or net income above $3 million,

but not above $100 million, would

report on the abbreviated BE–12 short

form, rather than on the BE–12 long

form. In addition companies with assets,

sales, or net income between $3 million

and $30 million will report only

selected data items on the BE–12 short

form. These provisions are intended to

significantly reduce the reporting

burden on smaller companies.

List of Subjects in 15 CFR Part 806

Balance of payments, Economic

statistics, Foreign investments in the

United States, Reporting and

recordkeeping requirements.

J. Steven Landefeld,

Director, Bureau of Economic Analysis.

For the reasons set forth in the

preamble, BEA proposes to amend 15

CFR Part 806 as follows:

PART 806—DIRECT INVESTMENT

SURVEYS

1. The authority citation for 15 CFR

Part 806 continues to read as follows:

Authority: 5 U.S.C. 301; 22 U.S.C. 3101–

3108; and E.O. 11961 (3 CFR, 1977 Comp.,

p. 86), as amended by E.O. 12013 (3 CFR,

1977 Comp., p. 147), E.O. 12318 (3 CFR, 1981

Comp., p. 173), and E.O. 12518 (3 CFR, 1985

Comp., p. 348).

2. Section 806.17 is revised to read as

follows:

§ 806.17 Rules and regulations for BE–12,

Benchmark Survey of Foreign Direct

Investment in the United States—1997

A BE–12, Benchmark Survey of

Foreign Direct Investment in the United

States will be conducted covering 1997.

All legal authorities, provisions,

definitions, and requirements contained

in §§ 806.1 through 806.13 and § 806.15

(a) through (g) are applicable to this

survey. Specific additional rules and

regulations for the BE–12 survey are

given in the this section.

(a) Response required. A response is

required from persons subject to the

reporting requirements of the BE–12,

Benchmark Survey of Foreign Direct

Investment in the United States—1997,

contained in this section, whether or not

they are contacted by BEA. Also, a

person, or their agent, contacted by BEA

concerning their being subject to

reporting, either by sending them a

report form or by written inquiry, must

respond in writing pursuant to § 806.4.

This may be accomplished by

completing and returning either Form

BE–12(X) within 30 days of its receipt

if Form BE–12(LF), Form BE–12(SF), or

Form BE–12 Bank do not apply, or by

completing and returning Form BE–

12(LF), Form BE–12(SF), or Form BE–12

Bank, whichever is applicable, by may

31, 1998.

(b) Who must report. A BE–12 report

is required for each U.S. affiliate, i.e., for

each U.S. business enterprise in which

a foreign person owned or controlled,

directly or indirectly, 10 percent or

more of the voting securities if an

incorporated U.S. business enterprise,

or an equivalent interest if an

unincorporated U.S. business

enterprise, at the end of the business

enterprise’s 1997 fiscal year. A report is

required even though the foreign

person’s ownership interest in the U.S.

business enterprise may have been

established or acquired during the

reporting period. Beneficial, not record,

ownership is the basis of the reporting

criteria.

(c) Forms to be filed. (2) Form BE–

12(LF)—Benchmark Survey of Foreign

Direct Investment in the United States—

1997 (Long Form) must be completed

and filed by May 31, 1998, by each U.S.

business enterprise that was a U.S.

affiliate of a foreign person at the end of

its 1997 fiscal year; if:

(i) It is not a bank, and

(ii) On a fully consolidated, or, in the

case of real estate investment, an

aggregated basis, one or more of the

following three items for the U.S.

affiliate (not just the foreign parent’s

share) exceeded $100 million (positive

or negative) at the end of, or for, its 1997

fiscal year:

(A) Total assets (do not net out

liabilities);

(B) Sales or gross operating revenues,

excluding sales taxes; or

(C) Net income after provision for U.S.

income taxes.

(2) Form BE–12(SF)—Benchmark

Survey of Foreign Direct Investment in

the United States—1997 (Short Form)

must be completed and filed by May 31,

1998, by each U.S. business enterprise

that was a U.S. affiliate of a foreign

person at the end of its 1997 fiscal year,

if:

(i) It is not a bank, and

(ii) On a fully consolidated, or, in the

case of real estate investments, an

aggregated basis, one or more of the

following three items for the U.S.

affiliate (not just the foreign parent’s

share) exceeded $3 million, but no one

item exceeded $100 million (positive or

negative) at the end of, or for, its 1997

fiscal year.

(A) Total assets (do not net out

liabilities);

(B) Sales or gross operating revenues,

excluding sales taxes; or

(C) Net income after provision for U.S.

income taxes.

(3) Form BE–12 Bank—Benchmark

Survey of Foreign Direct Investment in

the United States—1997 BANK must be

completed and filed by May 31, 1998,

by each U.S. business enterprise that

was a U.S. affiliate of a foreign person

at the end of its 1997 fiscal year, if:

(i) The U.S. affiliate is in ‘‘banking’’,

which, for purposes of the BE–12

survey, covers businesses enterprises

engaged in deposit banking or closely

related functions, including commercial

banks, Edge Act corporations engaged in

international or foreign banking, U.S.

branches and agencies of foreign banks

whether or not they accept domestic

deposits, savings and loans, savings

banks, and bank holding companies,

i.e., holding companies for which over

50 percent of their total income is from

banks which they hold, and

(ii) On a fully consolidated basis, one

or more of the following three items for

the U.S. affiliate (not the foreign

parent’s share) exceeded $3 million
52518 Federal Register / Vol. 62, No. 195 / Wednesday, October 8, 1997 / Proposed Rules

(positive or negative) at the end of, or

for, its 1997 fiscal year:

(A) Total assets (do not net out

liabilities);

(B) Sales or gross operating revenues,

excluding sales taxes; or

(C) Net income after provision for U.S.

income taxes.

(4) Form BE–12(X)—Benchmark

Survey of Foreign Direct Investment in

the United States—1997, Claim for

Exemption from Filing BE–12(LF), BE–

12(SF), and BE–12 Bank must be

completed and filed within 30 days of

the date it was received, or by May 31,

1998, whichever is sooner, by:

(i) Each U.S. business enterprise that

was a U.S. affiliate of a foreign person

at the end of its 1997 fiscal year

(whether or not the U.S. affiliate, or its

agent, is contacted by BEA concerning

its being subject to reporting in the 1997

benchmark survey), but is exempt from

filing Form BE–12(LF), Form BE–12

(SF), and Form BE–12 Bank; and

(ii) Each U.S. business enterprise, or

its agent, that is contacted, in writing,

by BEA concerning its being subject to

reporting in the 1997 benchmark survey

but that is not otherwise required to file

the Form BE–12(LF), Form BE–12(SF),

or Form BE–12 Bank.

(d) Aggregation of real estate

investments. All real estate investments

of a foreign person must be aggregated

for the purpose of applying the

reporting criteria. A single report form

must be filed to report the aggregate

holdings, unless written permission has

been received from BEA to do

otherwise. Those holdings not

aggregated must be reported separately.

(e) Exemption. (1) A U.S. affiliate as

consolidated, or aggregated in the case

of real estate investments, is not

required to file a Form BE–12(LF), BE–

12(SF), or Form BE–12 Bank if each of

the following three items for the U.S.

affiliate (not just the foreign parent’s

share) did not exceed $3 million

(positive or negative) at the end of, or

for, its 1997 fiscal year:

(i) Total assets (do not net out

liabilities);

(ii) Sales or gross operating revenues,

excluding sales taxes; and

(iii) Net income after provision for

U.S. income taxes.

(2) If a U.S. business enterprise was a

U.S. affiliate at the end of its 1997 fiscal

year but is exempt from filing a

completed Form BE–12(LF), BE–12(SF),

or Form BE–12 Bank, it must

nevertheless file a completed and

certified Form BE–12(X).

(f) Due date. A fully completed and

certified Form BE–12(LF), Form BE–

12(SF), or BE–12 Bank is due to be filed

with BEA not later than May 31, 1998.

A fully completed and certified Form

BE–12(X) is due to be filed with BEA

within 30 days of the date it was

received, or by May 31, 1998, whichever

is sooner.

[FR Doc. 97–26658 Filed 10–07–97; 8:45 am]

BILLING CODE 3510–06–M

DEPARTMENT OF THE INTERIOR

Minerals Management Service

30 CFR Part 206

RIN 1010–AC09

Workshops on Proposed Rule—

Establishing Oil Value for Royalty Due

on Federal Leases

AGENCY: Minerals Management Service,

Interior.

ACTION: Notice of workshops.

SUMMARY: The Minerals Management

Service (MMS) has reopened the public

comment period under a proposed rule

published in the Federal Register on

January 24, 1997 (62 FR 3742),

amending the royalty valuation

regulations for crude oil produced from

Federal leases. In the July 3, 1997,

Federal Register (62 FR 36030), we

published a supplementary notice of

proposed rulemaking. We received a

variety of comments on the proposed

and supplementary proposed rules. In

the September 22, 1997, Federal

Register (62 FR 49460) we published a

summary of these comments, outlined

alternatives for proceeding with further

rulemaking, and requested public

comment on those or other suggested

alternatives. In the September 26, 1997,

Federal Register (62 FR 50544) we

announced three workshops to discuss

alternatives for proceeding with the

rulemaking.

MMS will now hold three additional

workshops to discuss alternatives for

proceeding with the rulemaking. The

main purpose of these workshops is to

provide small producers an opportunity

to learn more about the proposed rule

and to obtain their comments on the

alternatives described in the September

22, 1997, Federal Register notice (62 FR

49460), or any new alternatives or

modifications to the proposed

alternatives for MMS’s consideration.

We are not requesting comments on the

original proposed rule or the

supplemental proposed rule, nor on the

summary of comments outlined in the

September 22, 1997, Federal Register

notice (62 FR 49460). Interested parties

are invited to attend and participate in

these workshops.

DATES: Comments on the notice

reopening the comment period must be

submitted to MMS by October 22, 1997.

The workshops will be held as

follows:

Workshop 1: Bakersfield, CA, October

16, 1997, from 1 p.m. to 4:30 p.m.,

Pacific time.

Workshop 2: Casper, WY, October 16,

1997, from 1 p.m. to 4:30 p.m.,

Mountain time.

Workshop 3: Roswell, NM, October

21, 1997, from 1:30 p.m. to 5:00 p.m.,

Mountain time.

ADDRESSES: Workshop 1 will be held in

the Bakersfield District Office, Bureau of

Land Management, 3801 Pegasus Drive,

Bakersfield, CA 93308–6837, telephone

(805) 391–6000.

Workshop 2 will be held in the Casper

District Office, Bureau of Land

Management, 1701 East ‘‘E’’ Street,

Casper, WY 82601, telephone (307) 261–

7600.

Workshop 3 will be held in the

Roswell District Office, Bureau of Land

Management, 2909 West 2nd Street,

Roswell, NM 88201, telephone (505)

627–0272.

FOR FURTHER INFORMATION CONTACT:

Peter Christnacht or Sheila Dean,

Royalty Valuation Division, Royalty

Management Program, Minerals

Management Service, P.O. Box 25165,

MS 3151, Denver, CO 80225–0165,

telephone numbers (303) 275–7252 and

(303) 275–7201, respectively; or David

S. Guzy, Chief, Rules and Publications

Staff, Royalty Management Program,

Minerals Management Service, P.O. Box

25165, MS 3021, Denver, CO 80225–

0165; telephone (303) 231–3432; fax

number (303) 231–3385; e-Mail

DavidlGuzy@mms.gov.

SUPPLEMENTARY INFORMATION: These

three workshops will be open to the

public in order to discuss the

alternatives described in the September

22, 1997, Notice (62 FR 49460).

While MMS is hosting other

workshops involving industry

organizations and States, the intent of

the Bakersfield, Casper, and Roswell

workshops is to provide information to,

and receive comments from, small oil

producers at locations near their

operations to minimize their travel.

However, other interested parties are

welcome. We encourage a workshop

atmosphere where members of the

public participate in a discussion of the

alternatives. Space is limited. However,

attendees should reserve slots with

Peter Christnacht or Shelia Dean at the

telephone numbers in the FOR FUTURE

INFORMATION CONTACT section of this

notice no later than October 15, 1997.

For building security measures, each