Federal Register / Vol. 62, No. 230 / Monday, December 1, 1997 / Rules and Regulations 63447

6. Model H–4(C). This model clause

illustrates the early disclosures required

generally under § 226.19(b). It includes

information on how the consumer’s interest

rate is determined and how it can change

over the term of the loan, and explains

changes that may occur in the borrower’s

monthly payment. It contains an example of

how to disclose historical changes in the

index or formula values used to compute

interest rates for the preceding 15 years. The

model clause also illustrates the disclosure of

the initial and maximum interest rates and

payments based on an initial interest rate

(index value plus margin, adjusted by the

amount of any discount or premium) in effect

as of an identified month and year for the

loan program disclosure and illustrates how

to provide consumers with a method for

calculating the monthly payment for the loan

amount to be borrowed.

* * * * *

18. Sample H–14. This sample disclosure

form illustrates the disclosures under

§ 226.19(b) for a variable-rate transaction

secured by the consumer’s principal dwelling

with a term greater than one year. The

sample form shows a creditor how to adapt

the model clauses in Appendix H–4(C) to the

creditor’s own particular variable-rate

program. The sample disclosure form

describes the features of a specific variablerate mortgage program and alerts the

consumer to the fact that information on the

creditor’s other closed-end variable-rate

programs is available upon request. It

includes information on how the interest rate

is determined and how it can change over

time. Section 226.19(b)(2)(viii) permits

creditors the option to provide either a

historical example or an initial and

maximum interest rates and payments

disclosure; both are illustrated in the sample

disclosure. The historical example explains

how the monthly payment can change based

on a $10,000 loan amount, payable in 360

monthly installments, based on historical

changes in the values for the weekly average

yield on U.S. Treasury Securities adjusted to

a constant maturity of one year. Index values

are measured for 15 years, as of the first week

ending in July. This reflects the requirement

that the index history be based on values for

the same date or period each year in the

example. The sample disclosure also

illustrates the alternative disclosure under

§ 226.19(b)(2)(viii)(B) that the initial and the

maximum interest rates and payments be

shown for a $10,000 loan originated at an

initial interest rate of 12.41 percent (which

was in effect July 1996) and to have 2

percentage point annual (and 5 percentage

point overall) interest rate limitations or

caps. Thus, the maximum amount that the

interest rate could rise under this program is

5 percentage points higher than the 12.41

percent initial rate to 17.41 percent, and the

monthly payment could rise from $106.03 to

a maximum of $145.34. The loan would not

reach the maximum interest rate until its

fourth year because of the 2 percentage point

annual rate limitations, and the maximum

payment disclosed reflects the amortization

of the loan during that period. The sample

form also illustrates how to provide

consumers with a method for calculating

their actual monthly payment for a loan

amount other than $10,000.

* * * * *

By order of the Board of Governors of the

Federal Reserve System, November 21, 1997.

William W. Wiles,

Secretary of the Board.

[FR Doc. 97–31087 Filed 11–28–97; 8:45 am]

BILLING CODE 6210–01–P

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 97

[Docket No. 29063; Amdt. No. 1835]

RIN 2120–AA65

Standard Instrument Approach

Procedures; Miscellaneous

Amendments

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Final rule.

SUMMARY: This amendment establishes,

amends, suspends, or revokes Standard

Instrument Approach Procedures

(SIAPs) for operations at certain

airports. These regulatory actions are

needed because of the adoption of new

or revised criteria, or because of changes

occurring in the National Airspace

System, such as the commissioning of

new navigational facilities, addition of

new obstacles, or changes in air traffic

requirements. These changes are

designed to provide safe and efficient

use of the navigable airspace and to

promote safe flight operations under

instrument flight rules at the affected

airports.

DATES: An effective date for each SIAP

is specified in the amendatory

provisions.

Incorporation by reference approved

by the Director of the Federal Register

on December 31, 1980, and reapproved

as of January 1, 1982.

ADDRESSES: Availability of matters

incorporated by reference in the

amendment is as follows:

For Examination

1. FAA Rules Docket, FAA

Headquarters Building, 800

Independence Avenue, SW.,

Washington, DC 20591;

2. The FAA Regional Office of the

region in which the affected airport is

located; or

3. The Flight Inspection Area Office

which originated the SIAP.

For Purchase

Individual SIAP copies may be

obtained from:

1. FAA Public Inquiry Center (APA–

200), FAA Headquarters Building, 800

Independence Avenue, SW.,

Washington, DC 20591; or

2. The FAA Regional Office of the

region in which the affected airport is

located.

By Subscription

Copies of all SIAPs, mailed once

every 2 weeks, are for sale by the

Superintendent of Documents, U.S.

Government Printing Office,

Washington, DC 20402.

FOR FURTHER INFORMATION CONTACT: Paul

J. Best, Flight Procedures Standards

Branch (AFS–420), Technical Programs

Division, Flight Standards Service,

Federal Aviation Administration, 800

Independence Avenue, SW.,

Washington, DC 20591; telephone (202)

267–8277.

SUPPLEMENTARY INFORMATION: This

amendment to part 97 of the Federal

Aviation Regulations (14 CFR part 97)

establishes, amends, suspends, or

revokes Standard Instrument Approach

Procedures (SIAPs). The complete

regulatory description of each SIAP is

contained in official FAA form

documents which are incorporated by

reference in this amendment under 5

U.S.C. 552(a), 1 CFR part 51, and § 97.20

of the Federal Aviation Regulations

(FAR). The applicable FAA Forms are

identified as FAA Forms 8260–3, 8260–

4, and 8260–5. Materials incorporated

by reference are available for

examination or purchase as stated

above.

The large number of SIAPs, their

complex nature, and the need for a

special format make their verbatim

publication in the Federal Register

expensive and impractical. Further,

airmen do not use the regulatory text of

the SIAPs, but refer to their graphic

depiction on charts printed by

publishers of aeronautical materials.

Thus, the advantages of incorporation

by reference are realized and

publication of the complete description

of each SIAP contained in FAA form

documents is unnecessary. The

provisions of this amendment state the

affected CFR (and FAR) sections, with

the types and effective dates of the

SIAPs. This amendment also identifies

the airport, its location, the procedure

identification and the amendment

number.

The Rule

This amendment to part 97 is effective

upon publication of each separate SIAP

as contained in the transmittal. Some

SIAP amendments may have been

previously issued by the FAA in a
63448 Federal Register / Vol. 62, No. 230 / Monday, December 1, 1997 / Rules and Regulations

National Flight Data Center (FDC)

Notice to Airmen (NOTAM) as an

emergency action of immediate flight

safety relating directly to published

aeronautical charts. The circumstances

which created the need for some SIAP

amendments may require making them

effective in less than 30 days. For the

remaining SIAPs, an effective date at

least 30 days after publication is

provided.

Further, the SIAPs contained in this

amendment are based on the criteria

contained in the U.S. Standard for

Terminal Instrument Approach

Procedures (TERPS). In developing

these SIAPs, the TERPS criteria were

applied to the conditions existing or

anticipated at the affected airports.

Because of the close and immediate

relationship between these SIAPs and

safety in air commerce, I find that notice

and public procedure before adopting

these SIAPs are impracticable and

contrary to the public interest and,

where applicable, that good cause exists

for making some SIAPs effective in less

than 30 days.

The FAA has determined that this

regulation only involves an established

body of technical regulations for which

frequent and routine amendments are

necessary to keep them operationally

current. It, therefore—(1) Is not a

‘‘significant regulatory action’’ under

Executive Order 12866; (2) is not a

‘‘significant rule’’ under DOT

Regulatory Policies and Procedures (44

FR 11034; February 26, 1979); and (3)

does not warrant preparation of a

regulatory evaluation as the anticipated

impact is so minimal. For the same

reason, the FAA certifies that this

amendment will not have a significant

economic impact on a substantial

number of small entities under the

criteria of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 97

Air traffic control, Airports,

Navigation (air).

Issued in Washington, DC on November 14,

1997.

Thomas E. Stuckey,

Acting Director, Flight Standards Service.

Adoption of the Amendment

Accordingly, pursuant to the

authority delegated to me, part 97 of the

Federal Aviation Regulations (14 CFR

part 97) is amended by establishing,

amending, suspending, or revoking

Standard Instrument Approach

Procedures, effective at 0901 UTC on

the dates specified, as follows:

PART 97—STANDARD INSTRUMENT

APPROACH PROCEDURES

1. The authority citation for part 97 is

revised to read as follows:

Authority: 49 U.S.C. 106(g), 40103, 40113,

40120, 44701; and 14 CFR 11.49(b)(2).

§§ 97.23, 97.25, 97.27, 97.31, 97.33, 97.35

[Amended]

2. Part 97 is amended to read as

follows:

By amending: § 97.23 VOR, VOR/

DME, VOR or TACAN, and VOR/DME

or TACAN; § 97.25 LOC, LOC/DME,

LDA, LDA/DME, SDF, SDF/DME;

§ 97.27 NDB, NDB/DME; § 97.29 ILS,

ILS/DME, ISMLS, MLS, MLS/DME,

MLS/RNAV; § 97.31 RADAR SIAPs;

§ 97.33 RNAV SIAPs; and § 97.35

COPTER SIAPs, identified as follows:

* * * Effective December 4, 1997

Miami, FL, Miami Intl, ILS RWY 27R,

Amdt 13

Grand Rapids, MI, Kent County Intl, ILS

RWY 35, Orig

St Louis, MO, Lambert-St Louis Intl,

LOC BC RWY 6, Amdt 2B,

CANCELLED

Billings, MT, Billings Logan Intl, ILS

RWY 28R, Orig

Savannah, TN, Savannah-Hardin

County, SDF RWY 19, Amdt 4

Savannah, TN, Savannah-Hardin

County, NDB RWY 19, Orig

Burlington, VT, Burlington, Intl, ILS/

DME RWY 33, Orig

Winchester, VA, Winchester Regional,

LOC RWY 32, Amdt 4,

CANCELLED

Winchester, VA, Winchester Regional,

ILS RWY 32, Orig

* * * Effective January 1, 1998

Chandler, AZ, Chandler, Muni, VOR

RWY 4L, Amdt 6

Chandler, AZ, Chandler, Muni, GPS

RWY 4L, Orig

Half Moon Bay, CA, Half Moon Bay,

GPS RWY 12, Orig

San Carlos, CA, San Carlos, GPS RWY

30, Orig

Steamboat Springs, CO, Steamboat

Springs/Bob Adams Field, GPS–E,

Orig

Bartow, FL, Bartow Muni, GPS RWY 9L,

Amdt 1

Bartow, FL, Bartow Muni, GPS RWY

27R, Orig

Winter Haven, FL, Winter Haven’s

Gilbert, GPS RWY 4, Orig

Audubon, IA, Audubon County, NDB

RWY 32, Amdt 5

Audubon, IA, Audubon County, GPS

RWY 32, Orig

Marshalltown, IA, Marshalltown Muni,

VOR RWY 12, Amdt 7A,

CANCELLED

Marshalltown, IA, Marshalltown Muni,

VOR GPS RWY 30, Amdt 7A,

CANCELLED

Pella, IA, Pella Muni, NDB OR GPS

RWY 34, Amdt 7

Pella, IA, Pella Muni, GPS RWY 16, Orig

Detroit, MI, Detroit Metropolitan Wayne

County, ILS RWY 27L, Amdt 1

Eveleth, MN, Eveleth-Virginia Muni,

VOR/DME RNAV RWY 27, Amdt 3

Manchester, NH, Manchester, ILS RWY

35, Amdt 18

New York, NY, La Guardia, VOR/DME

or GPS–H Amdt 1

Syracuse, NY Syracuse Hancock Intl,

VOR OR TACAN RWY 32, Orig

Syracuse, NY Syracuse Hancock Intl,

VOR/DME OR TCAN RWY 32,

Amdt 1 CANCELLED

Syracuse, NY Syracuse Hancock Intl,

NDB RWY 28, Amdt 28

Syracuse, NY Syracuse Hancock Intl,

ILS RWY 10, Amdt 9

Syracuse, NY Syracuse Hancock Intl,

ILS RWY 28, Amdt 32

Socorro, NM, Socorro Muni, NDB–A,

Orig

Socorro, NM, Socorro Muni, NDB OR

GPS RWY 15, Orig, CANCELLED

Currituck, NC, Currituck County, VOR/

DME–A, Orig

Currituck, NC, Currituck County, GPS

RWY 4, Orig

East Liverpool, OH, Columbiana

County, VOR RWY 25, Amdt 4

East Liverpool, OH, Columbiana

County, GPS RWY 25, Orig

Philadelphia, PA, Philadelphia

International, RNAV OR GPS RWY

35, Amdt 3A, CANCELLED

Philadelphia, PA, Philadelphia

International, GPS RWY 27L, Orig

Philadelphia, PA, Philadelphia

International, GPS RWY 35, Orig

York, PA, York, NDB RWY 17, Amdt 5

York, PA, York, GPS RWY 17, Orig

York, PA, York, GPS RWY 35, Amdt 1

Zelienople, PA, Zelienople Muni, GPS

RWY 17, Orig

Zelienople, PA, Zelienople Muni, GPS

RWY 35, Orig

Galax/Hillsville, VA, Twin County,

VOR/DME OR GPS RWY 18, Amdt

4, CANCELLED

Hot Springs, VA, Ingall Field, ILS RWY

24, Amdt 2

Charleston, WV, Yeager, ISL RWY 23,

Amdt 28

Point Pleasant, WV, Mason County,

VOR/DME OR GPS–A, Amdt 4,

CANCELLED

Point Pleasant, WV, Mason County, GPS

RWY 25, Orig

Note: The FAA published the following

procedure in Docket No. 29035, Amdt No.

1826 to Part 97 of the Federal Aviation

Regulations (VOL 62, FR No. 200, Page

53745, dated Thursday, October 16, 1997)

under Section 97.33 effective January 1,

1998, which should read as follows:
Federal Register / Vol. 62, No. 230 / Monday, December 1, 1997 / Rules and Regulations 63449

London, OH, Madison County, GPS

RWY 8, Orig

[FR Doc. 97–31358 Filed 11–28–97; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 97

[Docket No. 29064; Amdt. No. 1836]

RIN 2120–AA65

Standard Instrument Approach

Procedures; Miscellaneous

Amendments

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Final rule.

SUMMARY: This amendment establishes,

amends, suspends, or revokes Standard

Instrument Approach Procedures

(SIAPs) for operations at certain

airports. These regulatory actions are

needed because of changes occurring in

the National Airspace System, such as

the commissioning of new navigational

facilities, addition of new obstacles, or

changes in air traffic requirements.

These changes are designed to provide

safe and efficient use of the navigable

airspace and to promote safe flight

operations under instrument flight rules

at the affected airports.

DATES: An effective date for each SIAP

is specified in the amendatory

provisions.

Incorporation by reference-approved

by the Director of the Federal Register

on December 31, 1980, and reapproved

as of January 1, 1982.

ADDRESSES: Availability of matter

incorporated by reference in the

amendment is as follows:

For Examination

1. FAA Rules Docket, FAA

Headquarters Building, 800

Independence Avenue, SW.,

Washington, DC 20591;

2. The FAA Regional Office of the

region in which affected airport is

located; or

3. The Flight Inspection Area Office

which originated the SIAP.

For Purchase

Individual SIAP copies may be

obtained from:

1. FAA Public Inquiry Center (APA–

200), FAA Headquarters Building, 800

Independence Avenue, SW.,

Washington, DC 20591; or

2. The FAA Regional Office of the

region in which the affected airport is

located.

By Subscription

Copies of all SIAPs, mailed once

every 2 weeks, are for sale by the

Superintendent of Documents, US

Government Printing Office,

Washington, DC 20402.

FOR FURTHER INFORMATION CONTACT:

Paul J. Best, Flight Procedures

Standards Branch (AFS–420), Technical

Programs Division, Flight Standards

Service, Federal Aviation

Administration, 800 Independence

Avenue, SW., Washington, DC 20591;

telephone (202) 267–8277.

SUPPLEMENTARY INFORMATION: This

amendment to part 97 of the Federal

Aviation Regulations (14 CFR part 97)

establishes, amends, suspends, or

revokes Standard Instrument Approach

Procedures (SIAPs). The complete

regulatory description on each SIAP is

contained in the appropriate FAA Form

8260 and the National Flight Data

Center (FDC)/Permanent (P) Notices to

Airmen (NOTAM) which are

incorporated by reference in the

amendment under 5 U.S.C. 552(a), 1

CFR part 51, and § 97.20 of the Federal

Aviations Regulations (FAR). Materials

incorporated by reference are available

for examination or purchase as stated

above.

The large number of SIAPs, their

complex nature, and the need for a

special format make their verbatim

publication in the Federal Register

expensive and impractical. Further,

airmen do not use the regulatory text of

the SIAPs, but refer to their graphic

depiction of charts printed by

publishers of aeronautical materials.

Thus, the advantages of incorporation

by reference are realized and

publication of the complete description

of each SIAP contained in FAA form

documents is unnecessary. The

provisions of this amendment state the

affected CFR (and FAR) sections, with

the types and effective dates of the

SIAPs. This amendment also identifies

the airport, its location, the procedure

identification and the amendment

number.

The Rule

This amendment to part 97 of the

Federal Aviation Regulations (14 CFR

part 97) establishes, amends, suspends,

or revokes SIAPs. For safety and

timeliness of change considerations, this

amendment incorporates only specific

changes contained in the content of the

following FDC/P NOTAM for each

SIAP. The SIAP information in some

previously designated FDC/Temporary

(FDC/T) NOTAMs is of such duration as

to be permanent. With conversion to

FDC/P NOTAMs, the respective FDC/T

NOTAMs have been cancelled.

The FDC/P NOTAMs for the SIAPs

contained in this amendment are based

on the criteria contained in the U.S.

Standard for Terminal Instrument

Approach Procedures (TERPS). In

developing these chart changes to SIAPs

by FDC/P NOTAMs, the TERPS criteria

were applied to only these specific

conditions existing at the affected

airports. All SIAP amendments in this

rule have been previously issued by the

FAA in a National Flight Data Center

(FDC) Notice to Airmen (NOTAM) as an

emergency action of immediate flight

safety relating directly to published

aeronautical charts. The circumstances

which created the need for all these

SIAP amendments requires making

them effective in less than 30 days.

Further, the SIAPs contained in this

amendment are based on the criteria

contained in the TERPS. Because of the

close and immediate relationship

between these SIAPs and safety in air

commerce, I find that notice and public

procedure before adopting these SIAPs

are impracticable and contrary to the

public interest and, where applicable,

that good cause exists for making these

SIAPs effective in less than 30 days.

Conclusion

The FAA has determined that this

regulation only involves an established

body of technical regulations for which

frequent and routine amendments are

necessary to keep them operationally

current. It, therefore—(1) Is not a

‘‘significant regulatory action’’ under

Executive Order 12866; (2) is not a

‘‘significant rule’’ under DOT

Regulatory Policies and Procedures (44

FR 11034; February 26, 1979); and (3)

does not warrant preparation of a

regulatory evaluation as the anticipated

impact is so minimal. For the same

reason, the FAA certifies that this

amendment will not have a significant

economic impact on a substantial

number of small entities under the

criteria of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 97

Air traffic control, Airports,

Navigation (air).

Issued in Washington, DC, on November

14, 1997.

Thomas E. Stuckey,

Acting Director, Flight Standards Service.

Adoption of the Amendment

Accordingly, pursuant to the

authority delegated to me, part 97 of the

Federal Aviation Regulations (14 CFR

part 97) is amended by establishing,

amending, suspending, or revoking

Standard Instrument Approach