Federal Register / Vol. 65, No. 201 / Tuesday, October 17, 2000 / Notices 61369

12These trade volume statistics are based on

February 2000 market activity.

13 15 U.S.C. o–4(b)(2)(C).

14 15 U.S.C. 78s(b)(2).

15 17 CFR 200.30–3(a)(12).

regulating, clearing, settling, processing

information with respect to and

facilitating transactions in municipal

securities, to remove impediments to

and perfect the mechanism of a free and

open market in municipal securities,

and, in general, to protect investors and

the public interest.

The Commission finds that the

proposed Comprehensive Transaction

Report is consistent with the Act

because it will enhance transparency in

the municipal securities market. The

proposed Report will provide municipal

securities participants with more

transaction information about issues

currently being traded. In particular, the

MSRB represents that participants will

now have access to three times as many

transactions as are included in the

current T + 1 daily reports. According

to the MSRB, on average, 29,000

transactions would be reported per day.

Also, the MSRB represents that the

number of issues reported would

increase from about 1,600 on a typical

day to about 14,000.12 Furthermore, the

proposed Report expands the current T

+ 1 reports by also including trades

reported late and corrected trades. Thus,

this detailed Report will allow

municipal securities market participants

to monitor and analyze individual

trades in infrequently traded securities,

which should better assist them in

making informed investment decisions.

The proposed Report should also

enhance the price discovery process by

providing a more complete picture of

the municipal securities market. The

proposed Report will contain detailed

price information regarding frequently

traded issues as well as detailed price

information regarding infrequently

traded municipal securities, i.e., those

traded once, twice, or three times in a

given day.

The Commission commends the

MSRB’s efforts to increase municipal

market transparency by looking for

means to update its reporting programs

and systems. The Commission,

however, believes that the MSRB should

continue to work towards including

more information on infrequently traded

issues on a T + 1 basis, by shortening

the delay for publication of the

Comprehensive Transaction Report, or

by other collection and dissemination

methods. The Commission supports the

MSRB’s goal to ultimately provide

comprehensive and contemporaneous

transaction reports to the market.

The Commission is satisfied with the

Board’s response to the comment letter.

While the comment letter provided

valid and helpful suggestions, the Board

stated that it could not undertake the

changes relating to the delivery method

and the timing of delivery of the

historical data at this time due to

technology and cost constraints. The

Board did commit, however, to consider

the suggestions in the future once the

service becomes operative and the

Board has more experience with the

needs of subscribers. The Commission

believes that it would not be in the

public interest to postpone the

dissemination of the historical data as

proposed until the delivery method and

time of delivery could be modified to

satisfy the commenter’s suggestions.

Finally, the Commission believes that

the Board’s statement that the

subscription fees will neither generate

profits for the Board nor create the need

for dealers to subsidize its operations is

consistent with the requirements of

Section 15B(b)(2)(C) of the Act.13

In conclusion, the Commission finds

that the proposed rule change is

consistent with the Act because it

provides municipal securities market

participants with more detailed market

data upon which they will be able to

make more informed investment

decisions. Thus, the proposed rule

change should enhance the

transparency of the municipal securities

market.

V. Conclusion

It is therefore ordered, pursuant to

Section 19(b)(2) of the Act,14 that the

proposed rule change (SR–MSRB–00–

08) is hereby approved.

By the Commission, for the Division of

Market Regulation, pursuant to delegated

authority.15

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–26545 Filed 10–16–00; 8:45 am]

BILLING CODE 8010–01–M

STATE JUSTICE INSTITUTE

Notice of Public Meeting

DATE: Friday, November 10, 2000, 9

a.m.–5 p.m.

PLACE: La Costa Hotel, Carlsbad, CA.

MATTERS TO BE CONSIDERED:

Consideration of proposals submitted

for Institute funding and internal

Institute business.

PORTIONS OPEN TO THE PUBLIC:

Consideration of proposals submitted

for Institute funding.

PORTIONS CLOSED TO THE PUBLIC:

Discussion of internal personnel

matters.

CONTACT PERSON: David Tevelin,

Executive Director, State Justice

Institute, 1650 King Street, Suite 600,

Alexandria, VA 22314, (703) 684–6100.

David I. Tevelin,

Executive Director.

[FR Doc. 00–26735 Filed 10–13–00; 2:48 pm]

BILLING CODE 6820–SC–M

DEPARTMENT OF TRANSPORTATION

Federal Highway Administration

Environmental Impact Statement; City

of Missoula, Montana

AGENCY: Federal Highway

Administration (FHWA), DOT.

ACTION: Notice of intent.

SUMMARY: The FHWA hereby gives

notice that it intends to prepare an

Environmental Impact Statement (EIS)

for an urban corridor (involving Russell

Street and South 3rd Street) all within

the limits of the City of Missoula,

Missoula County, Montana. The study

will evaluate possible improvements to

these existing roadways and all practical

alignment alternatives.

FOR FURTHER INFORMATION CONTACT: Mr.

Dale Paulson, Program Development

Engineer, Federal Highway

Administration, 2880 Skyway Drive,

Helena, Montana 59602; Telephone:

(406) 449–5303 ext. 239; Mr. Joel M.

Marshik, Manager, Environmental

Services, Montana Department of

Transportation, 2701 Prospect Avenue,

Helena, Montana 59602; Telephone:

(406) 444–7632; or Mr. Joe Oliphant,

Project Development Coordinator, City

of Missoula, 435 Ryman Street,

Missoula, Montana 59802–4207,

Telephone: (406) 523–2877.

SUPPLEMENTARY INFORMATION:

Electronic Access

An electronic copy of this document

may be downloaded using a modem and

suitable communications software from

the Government Printing Office’s

Electronic Bulletin Board Service at

(202) 512–1661. Internet users may

reach the Office of the Federal Register’s

home page at http://www.nara.gov/

fedreg/ and the Government Printing

Office’s database at http://

www.access.gpo.gov.

Background

The FHWA, in cooperation with the

Montana Department of Transportation

(MDT) and the City of Missoula, will

61370 Federal Register / Vol. 65, No. 201 / Tuesday, October 17, 2000 / Notices

prepare an EIS in response to the need

for upgrading sections of two urban

arterials (Russell Street and South 3rd

Street) all within the limits of the City

of Missoula, Missoula County, Montana.

The Russell Street section begins at the

intersection of Mount Avenue, and

extends approximately 2.44 km (1.52

mi) northerly to the intersection of West

Broadway Street. The South 3rd Street

section begins at its intersection with

Reserve Street and continues easterly for

a distance of approximately 1.60 km (1.0

mi) until it intersects with Russell

Street.

The project is needed to meet current

and future demand of motorized

vehicles, bicycles, pedestrians, and to

improve safety. Alternatives are

expected to include taking no action;

widening of Russell Street; and

widening of South 3rd Street. Other

alternatives may become evident as a

result of public and agency input during

the scoping process. All build

alternatives will include improvements

to non-motorized facilities and will

consider a range of transportation

system management (TSM) and

transportation demand management

(TDM) measures. Possible

configurations of the Russell Street

bridge across the Clark Fork River, will

also be considered in the study.

The EIS will examine the short and

long-term impacts on the natural and

built environment. The impact

assessment will include (but not be

limited to): Impacts on the social

environment; changes in land use;

aesthetics; changes in traffic; economic

consequences; air, noise and water

quality, wildlife, and fisheries. In

addition, environmental justice aspects

will be addressed as part of the impact

assessment. The EIS will also examine

measures to mitigate significant adverse

impacts resulting from the proposed

action.

Comments are being solicited from

Federal, State, and local agencies, Tribes

and from private organizations and

citizens who have interest in this

proposal. Public information meetings,

feedback sessions, and other outreach

efforts will be conducted to discuss the

potential alignments.

The draft EIS will be available for

public and agency review, and a public

hearing will be held to receive

comments. Public notice will be given

of the time and place of all meetings and

hearings. Comments and/or suggestions

from all interested parties are requested,

to ensure that the full range of all issues,

and significant social and

environmental issues in particular, are

identified and reviewed. Comments or

questions concerning this proposed

action and/or its EIS should be directed

to the FHWA, MDT or the City of

Missoula at the addresses listed

previously.

Authority: 23 U.S.C. 315; 49 CFR 1.48.

Issued on: October 11, 2000.

Dale W. Paulson,

Program Development Engineer, Federal

Highway Administration.

[FR Doc. 00–26563 Filed 10–16–00; 8:45 am]

BILLING CODE 4910–22–P

DEPARTMENT OF TRANSPORTATION

Research and Special Programs

Administration

[Docket No. RSPA–00–7906 (PDA–27(R))]

Application by ATOFINA Chemicals,

Inc. for a Preemption Determination as

to Louisiana Requirements for

Hazardous Materials Incident

Notification

AGENCY: Research and Special Programs

Administration (RSPA), DOT.

ACTION: Public notice and invitation to

comment.

SUMMARY: Interested parties are invited

to submit comments on an application

by ATOFINA Chemicals, Inc.

(ATOFINA) for an administrative

determination whether Federal

hazardous material transportation law

preempts certain Louisiana

requirements concerning hazardous

materials incident notification and

reporting.

DATES: Comments received on or before

December 1, 2000, and rebuttal

comments received on or before January

16, 2001, will be considered before an

administrative ruling is issued by

RSPA’s Associate Administrator for

Hazardous Materials Safety. Rebuttal

comments may discuss only those

issues raised in comments received

during the initial comment period and

may not discuss new issues.

ADDRESSES: The application and all

comments received may be reviewed in

the Dockets Office, U.S. Department of

Transportation, Room PL–401, 400

Seventh Street, SW., Washington, DC

20590–0001. The application and all

comments are also available on-line

through the home page of DOT’s Docket

Management System, at ‘‘http://

dms.dot.gov.’’

Comments must refer to Docket No.

RSPA–00–7906 and may be submitted

to the Dockets Office either in writing or

electronically. Send three copies of each

written comment to the Dockets Office

at the above address. If you wish to

receive confirmation of receipt of your

comments, include a self-addressed,

stamped postcard. To submit comments

electronically, log onto the Docket

Management System website at ‘‘http://

dms.dot.gov’’ and click on ‘‘Help &

Information’’ to obtain instructions.

A copy of each comment must also be

sent to (1) Ms. Karen P. Flynn, Associate

General Counsel, ATOFINA Chemicals,

Inc., 2000 Market Street, Philadelphia,

PA 19103–3222, and (2) Mr. Paul

Schexnayder (Attorney 3), State of

Louisiana, Department of Public Safety

and Corrections, Office of Legal Affairs,

P.O. Box 66614, Baton Rouge, LA

70896–6614. A certification that a copy

has been sent to these persons must also

be included with the comment. (The

following format is suggested: ‘‘I certify

that copies of this comment have been

sent to Ms. Flynn and Mr. Schexnayder

at the addresses specified in the Federal

Register.’’)

A list and subject matter index of

hazardous materials preemption cases,

including all inconsistency rulings and

preemption determinations issued, are

available through the home page of

RSPA’s Office of the Chief Counsel, at

‘‘http://rspa-atty.dot.gov.’’ You may

obtain a paper copy of this list and

index by contacting Donna O’Berry by

mail or telephone as provided below

under the heading ‘‘For Further

Information Contact.’’

FOR FURTHER INFORMATION CONTACT:

Donna L. O’Berry, Office of the Chief

Counsel, Research and Special Programs

Administration, 400 Seventh Street,

SW., Washington, DC 20590–0001 (Tel.

No. 202–366–4400).

SUPPLEMENTARY INFORMATION:

I. Application for a Preemption

Determination

ATOFINA has applied for a

determination that Federal hazardous

material transportation law, 49 U.S.C.

5101 et seq., preempts the requirements

in Title 32 section 1510 of Louisiana

Revised Statutes (32:1510) applicable to

the oral and written reporting of

incidents, accidents and cleanups. The

text of ATOFINA’s application is set

forth in Appendix A to this Notice. A

paper copy of ATOFINA’s application

(which has been placed in the public

docket) will be provided at no cost upon

request to Ms. O’Berry, at the address

and telephone number set forth in ‘‘For

Further Information Contact’’ above.

In the application for preemption,

ATOFINA’s challenges section 32:1510,

which provides, in part, that:

A. Each person involved in an incident,

accident, or the cleanup of an incident or

accident during the transportation, loading,

unloading, or related storage in any place of