Federal Register / Vol. 62, No. 216 / Friday, November 7, 1997 / Notices 60267

to district boundaries must be approved

by the Secretary of the Interior. During

studies undertaken to implement the

Umatilla Basin Project Act, it became

apparent that WID was providing

federally supplied water to lands

outside of the district boundaries. In

1993, to address this problem, WID

requested that Reclamation allow a

change in their boundaries so that they

may provide irrigation water to lands

outside the current boundaries. In the

interim Reclamation entered into a

series of annual water service contracts

with WID so irrigation of lands outside

of the district boundaries with federally

supplied water could continue while

issues surrounding the boundary

expansion were resolved.

Reclamation and the National

Resources Department of the

Confederated Tribes of the Umatilla

Indian Reservation (CTUIR) held public

meetings on November 4 and December

17, 1993, to gather comments from the

public concerning the ‘‘Proposed

Boundary Changes for Irrigation

Districts in the Umatilla Project,

Oregon.’’ Key issues identified in the

scoping effort included Umatilla River

hydrology and passage conditions for

anadromous fish, Native American trust

resources, and continue viability of

irrigated agriculture. Based on the

complex and often controversial nature

of the issues involved, the high level of

public and agency interest, and

Reclamation’s Native American trust

responsibilities, Reclamation concluded

that an EIS should be prepared. Since

then, a hydrologic model of the Umatilla

basin, necessary to complete the

assessment of the proposed boundary

adjustment, had been developed.

Completion of the hydrologic model is

anticipated for February 1998.

Four alternatives are proposed,

including the no action alternative.

Under the no action alternative all

deliveries of federally supplied water by

WID to lands outside of the current

district boundaries would cease. Under

the action alternatives some, or all, of

these deliveries could continue. The

draft EIS is expected to be completed in

March of 1999.

At this time, no additional scoping

meetings are planned. A summary of

scoping issues identified through

previous meetings is available upon

request. Anyone interested in more

information concerning the proposed

action or who has information

concerning significant environmental

issues, should contact Mr. Tiederman as

provided under the FOR FURTHER

INFORMATION CONTACT section.

Dated: November 3, 1997.

John W. Keys, III,

Regional Director, Pacific Northwest Region.

[FR Doc. 97–29448 Filed 11–6–97; 8:45 am]

BILLING CODE 4310–94–M

DEPARTMENT OF THE INTERIOR

Bureau of Reclamation

Change in Discount Rate for Water

Resources Planning

AGENCY: Bureau of Reclamation,

Interior.

ACTION: Notice of change.

SUMMARY: The Water Resources

Planning Act of 1965 and the Water

Resources Development Act of 1974

require an annual determination of a

discount rate for Federal water

resources planning. The discount rate

for Federal water resources planning for

fiscal year 1998 is 7.125 percent.

Discounting is to be used to convert

future monetary values to present

values.

DATES: This discount rate is to be used

for the period October 1, 1997, through

and including September 30, 1998.

FOR FURTHER INFORMATION CONTACT: Mr.

Larry Schluntz, Economist, Reclamation

Law, Contracts, and Repayment Office,

Bureau of Reclamation, Attention:

D–5200, Building 67, Denver Federal

Center, Denver CO 80225–0007;

telephone: (303) 236–1061, extension

287.

SUPPLEMENTARY INFORMATION: Notice is

hereby given that the interest rate to be

used by Federal agencies in the

formulation and evaluation of plans for

water and related land resources is

7.125 percent for fiscal year 1998.

This rate has been computed in

accordance with Section 80(a), Pub. L.

93–251 (88 Stat. 34) and 18 CFR 704.39,

which: (1) Specify that the rate shall be

based upon the average yield during the

preceding fiscal year on interest-bearing

marketable securities of the United

States which, at the time the

computation is made, have terms of 15

years or more remaining to maturity

(average yield is rounded to nearest oneeighth percent); and (2) provide that the

rate shall not be raised or lowered more

than one-quarter of 1 percent for any

year. The Treasury Department

calculated the specified average to be

6.91 percent. Rounding this average

yield to the nearest one-eighth percent

is 6.875 percent, which exceeds the

permissible one-quarter of 1 percent

change from fiscal year 1997 to 1998.

Therefore, the change is limited to onequarter of 1 percent.

The rate of 7.125 percent shall be

used by all Federal agencies in the

formulation and evaluation of water and

related land resources plans for the

purpose of discounting future benefits

and computing costs or otherwise

converting benefits and costs to a

common time basis.

Dated: October 31, 1997.

Wayne O. Deason,

Deputy Director, Program Analysis Office.

[FR Doc. 97–29447 Filed 11–6–97; 8:45 am]

BILLING CODE 4310–94–P

DEPARTMENT OF JUSTICE

Antitrust Division

United States v. Raytheon Company,

General Motors Corporation, and HE

Holdings, Inc.; Proposed Final

Judgment and Competitive Impact

Statement

Notice is hereby given pursuant to the

Antitrust Procedures and Penalties Act,

15 U.S.C. 16(b)–(h), that a proposed

Final Judgment, Stipulation and Order,

Hold Separate and Partition Plan

Stipulation and Order, and Competitive

Impact Statement have been filed with

the United States District Court in the

District of Columbia, Civil No.

1:97CV02397.

On October 16, 1997, the United

States filed a Complaint alleging that the

proposed acquisition by Raytheon

Company of Hughes Aircraft Company,

a wholly owned subsidiary of HE

Holdings, Inc. and an indirect

subsidiary of General Motors

Corporation, would violate Section 7 of

the Clayton Act, 15 U.S.C. § 18. The

proposed Final Judgment, filed

contemporaneously with the Complaint,

requires Raytheon to: (1) Divest the

second generation and third generation

focal plane array business of Raytheon

TI Systems (‘‘RTIS’’) and the second

generation ground electro-optical

business of Hughes Aircraft Company’s

Sensors and Communications Segment;

(2) establish a firewall that prevents the

flow of information concerning the

Follow-on-to-TOW (‘‘FOTT’’) missile

program between the RTIS/Lockheed

Martin Corp. joint venture FOTT team

and the Hughes FOTT team, and

between each FOTT team and any other

employee of Raytheon; and (3) provide

incentives to the RTIS/Lockheed Martin

FOTT team to pursue its bid to ensure

competition between Raytheon and

Hughes in bids for the FOTT missile.

Public comment is invited within the

statutory 60-day comment period. Such

comments and responses thereto will be

published in the Federal Register and