Federal Register / Vol. 65, No. 206 / Tuesday, October 24, 2000 / Notices 63587

other spectrum bands and any other

relevant factors that could reasonably

have an impact on valuation of the 700

MHz Guard Bands. Alternatively,

comment is sought on whether,

consistent with the Balanced Budget

Act, the public interest would be served

by having no minimum opening bid or

reserve price.

C. Minimum Accepted Bids and Bid

Increments

22. Once there is a standing high bid

on a license, a bid increment will be

applied to that license to establish a

minimum acceptable bid for the

following round. For Auction No. 38,

we propose to set a minimum 10

percent increment. This means that a

new bid placed by a bidder must be at

least 10 percent greater than the

previous bid received on the license.

The Bureau retains the discretion to

change the methodology for determining

the minimum bid increment if they

determine the circumstances so dictate.

Advanced notice of the Bureau’s

decision to do so will be announced via

the Automated Auction System.

23. Bidders will enter their bid as

multiples of the bid increment (i.e., with

a 10 percent bid increment, a bid of 1

increment will place a bid 10 percent

above the previous high bid, a bid of 2

increments will place a bid 20 percent

above the previous high bid). We seek

comment on this proposal.

D. Information Regarding Bid

Withdrawal and Bid Removal

24. For Auction No. 38, we proposed

the following bid removal and bid

withdrawal procedures. Before the close

of a bidding period, a bidder has the

option of removing any bid placed in

that round. By using the remove bid

function in the software, a bidder may

effectively ‘‘unsubmit’’ any bid placed

within that round. A bidder removing a

bid placed in the same round is not

subject to a withdrawal payment. Once

a round closes, a bidder may no longer

remove a bid. We seek comment on this

bid removal procedure.

25. In the Part 1 Third Report and

Order, 63 FR 2315 (January 15, 1998)

the Commission explained that allowing

bid withdrawals facilitates efficient

aggregation of licenses and the pursuit

of efficient backup strategies as

information becomes available during

the course of an auction. In Auction No.

38, however, aggregation of licenses will

not be possible because only eight

licenses will be auctioned. Accordingly,

for this auction, we propose that bidders

not be permitted to withdraw bids in

any round. We seek comment on this

proposal.

E. Stopping Rule

26. For Auction No. 38, the Bureau

proposes to employ a simultaneous

stopping rule approach. The Bureau has

discretion ‘‘to establish stopping rules

before or during multiple round

auctions in order to terminate the

auction within a reasonable time.’’ A

simultaneous stopping rule means that

all licenses remain open until the first

round in which no new acceptable bids

or proactive waivers are received. After

the first such round, bidding closes

simultaneously on all licenses. Thus,

unless circumstances dictate otherwise,

bidding would remain open on all

licenses until bidding stops on every

license.

27. The Bureau seeks comment on a

modified version of the simultaneous

stopping rule. The modified stopping

rule would close the auction for all

licenses after the first round in which

no bidder submits a proactive waiver or

a new bid on any license on which it is

not the standing high bidder. Thus,

absent any other bidding activity, a

bidder placing a new bid on a license

for which it is the standing high bidder

would not keep the auction open under

this modified stopping rule. The Bureau

further seeks comment on whether this

modified stopping rule should be used

unilaterally or only in stage three of the

auction.

28. The Bureau proposes to retain the

discretion to keep an auction open even

if no new acceptable bids or proactive

waivers are submitted. In this event, the

effect will be the same as if a bidder had

submitted a proactive waiver. The

activity rule, therefore, will apply as

usual, and a bidder with insufficient

activity will either lose bidding

eligibility or use a remaining activity

rule waiver.

29. Finally, we propose that the

Bureau reserve the right to declare that

the auction will end after a specified

number of additional rounds (‘‘special

stopping rule’’). If the Bureau invokes

this special stopping rule, it will accept

bids in the final round(s) only for

licenses on which the high bid

increased in at least one of the

preceding specified number of rounds.

The Bureau proposes to exercise this

option only in certain circumstances,

such as, for example, where the auction

is proceeding very slowly, there is

minimal overall bidding activity, or it

appears likely that the auction will not

close within a reasonable period of time.

Before exercising this option, the

Bureau is likely to attempt to increase

the pace of the auction by, for example,

moving the auction into the next stage

(where bidders would be required to

maintain a higher level of bidding

activity), increasing the number of

bidding rounds per day, and/or

increasing the amount of the minimum

bid increments for the limited number

of licenses where there is still a high

level of bidding activity. We seek

comment on these proposals.

IV. Comments

30. An original and four copies of all

pleadings must be filed with the

Commission’s Secretary, Magalie Roman

Salas, Office of the Secretary, Federal

Communications Commission, 445

Twelfth Street, SW., TW–A325,

Washington, DC 20554. In addition, one

copy of each pleading must be delivered

to each of the following locations: (i)

The Commission’s duplicating

contractor, International Transcription

Service, Inc. (ITS), 1231 20th Street,

NW., Washington, DC 20036; (ii) Office

of Media Relations, Public Reference

Center, 445 Twelfth Street, SW., Suite

CY–A257, Washington, DC 20554; (iii)

Rana Shuler, Auctions and Industry

Analysis Division, Wireless

Telecommunications Bureau, 445

Twelfth Street, SW., Suite 4–A628,

Washington, DC 20554. Comments and

reply comments will be available for

public inspection during regular

business hours in the FCC Public

Reference Room, Room CY–A257, 445

12th Street, SW., Washington, DC

20554.

Federal Communications Commission.

Margaret Wiener,

Deputy Chief, Auctions and Industry Analysis

Division, Wireless Telecommunications

Bureau.

[FR Doc. 00–27409 Filed 10–23–00; 8:45 am]

BILLING CODE 6712–01–U

FEDERAL DEPOSIT INSURANCE

CORPORATION

Agency Information Collection

Activities: Submission for OMB

Review; Comment Request

AGENCY: Federal Deposit Insurance

Corporation (FDIC).

ACTION: Notice of information collection

to be submitted to OMB for review and

approval under the Paperwork

Reduction Act of 1995.

SUMMARY: In accordance with

requirements of the Paperwork

Reduction Act of 1995 (44 U.S.C. 3501

et seq.), the FDIC hereby gives notice

that it plans to submit to the Office of

Management and Budget (OMB) a

request for OMB review and approval of

the following information collection

systems described below.

63588 Federal Register / Vol. 65, No. 206 / Tuesday, October 24, 2000 / Notices

1. Type of Review: Renewal of a

currently approved collection.

Title: Application for Consent to

Exercise Trust Powers.

Form Number: 6200/09.

OMB Number: 3064–0025.

Annual Burden:

Estimated annual number of

respondents: 43

Estimated time per response: 35

applications—8 hours; 8 applications—

24 hours

Total annual burden hours: 472 hours

Expiration Date of OMB Clearance:

November 30, 2000.

SUPPLEMENTARY INFORMATION: Insured

state nonmember banks submit

applications to FDIC for consent to

exercise trust powers. Applications are

evaluated by FDIC to verify

qualifications of bank management to

administer a trust department and to

ensure that bank’s financial condition

will not be jeopardized as a result of

trust operations.

2. Type of Review: Renewal of a

currently approved collection.

Title: Application for a Bank To

Establish a Branch or Move Its Main

Office or Branch.

OMB Number: 3064–0070.

Annual Burden:

Estimated annual number of

respondents: 1,650

Estimated time per response: 5 hours

Total annual burden hours: 8,250

hours

Expiration Date of OMB Clearance:

November 30, 2000.

SUPPLEMENTARY INFORMATION: Section

18(d) of the Federal Deposit Insurance

Act (12 U.S.C. 1828(d)) provides that no

state nonmember insured bank shall

establish and operate any new domestic

branch or move its main office or branch

from one location to another without the

prior written consent of the FDIC.

3. Type of Review: Renewal of a

currently approved collection.

Title: Application for Consent To

Reduce or Retire Capital.

OMB Number: 3064–0079.

Annual Burden:

Estimated annual number of

respondents: 100

Estimated time per response: 1 hour

Total annual burden hours: 100 hours

Expiration Date of OMB Clearance:

November 30, 2000.

SUPPLEMENTARY INFORMATION: This

collection requires insured state

nonmember banks that propose to

change their capital structure to submit

an application containing information

about the proposed change in order to

obtain FDIC’s consent to reduce or retire

capital. The FDIC evaluates the

information contained in the letter

application in relation to statutory

considerations and makes a decision to

grant or to withhold consent.

4. Type of Review: Renewal of a

currently approved collection.

Title: Activities and Investments of

Savings Associations.

OMB Number: 3064–0104.

Annual Burden:

Estimated annual number of

respondents: 20.

Estimated time per response: 5 hours.

Total annual burden hours: 100

hours.

Expiration of OMB Clearance:

November 30, 2000.

SUPPLEMENTARY INFORMATION: The

collection of information identifies the

information that state savings

associations and/or their subsidiaries

must submit to obtain the FDIC’s

approval or objection to engage in

certain activities.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Office of Information and

Regulatory Affairs, Washington, DC

20503.

FDIC Contact: Tamara R. Manly, (202)

898–7453, Office of the Executive

Secretary, Room F–4058, Federal

Deposit Insurance Corporation, 550 17th

Street NW., Washington, DC 20429.

Comments: Comments on these

collections of information are welcome

and should be submitted on or before

November 24, 2000 to both the OMB

reviewer and the FDIC contact listed

above.

ADDRESSES: Information about this

submission, including copies of the

proposed collections of information,

may be obtained by calling or writing

the FDIC contact listed above.

Dated: October 18, 2000.

Federal Deposit Insurance Corporation.

Robert E. Feldman,

Executive Secretary.

[FR Doc. 00–27255 Filed 10–23–00; 8:45 am]

BILLING CODE 6714–01–P

FEDERAL EMERGENCY

MANAGEMENT AGENCY

[FEMA–1345–DR]

Florida; Major Disaster and Related

Determinations

AGENCY: Federal Emergency

Management Agency (FEMA).

ACTION: Notice.

SUMMARY: This is a notice of the

Presidential declaration of a major

disaster for the State of Florida (FEMA–

1345–DR), dated October 4, 2000, and

related determinations.

EFFECTIVE DATE: October 4, 2000.

FOR FURTHER INFORMATION CONTACT:

Madge Dale, Response and Recovery

Directorate, Federal Emergency

Management Agency, Washington, DC

20472, (202) 646–3772.

SUPPLEMENTARY INFORMATION: Notice is

hereby given that, in a letter dated

October 4, 2000, the President declared

a major disaster under the authority of

the Robert T. Stafford Disaster Relief

and Emergency Assistance Act (42

U.S.C. 5121 et seq.), as follows:

I have determined that the damage in

certain areas of the State of Florida, resulting

from severe storms and flooding beginning

on October 3, 2000, and continuing is of

sufficient severity and magnitude to warrant

a major disaster declaration under the Robert

T. Stafford Disaster Relief and Emergency

Assistance Act, 42 U.S.C. § 5121 et seq. (the

Stafford Act). I, therefore, declare that such

a major disaster exists in the State of Florida.

In order to provide Federal assistance, you

are hereby authorized to allocate from funds

available for these purposes, such amounts as

you find necessary for Federal disaster

assistance and administrative expenses.

You are authorized to provide Individual

Assistance and Hazard Mitigation in the

designated areas and any other forms of

assistance under the Stafford Act you may

deem appropriate. Consistent with the

requirement that Federal assistance be

supplemental, any Federal funds provided

under the Stafford Act for Hazard Mitigation

will be limited to 75 percent of the total

eligible costs. If Public Assistance is later

requested and determined to be warranted,

Federal funds provided under that program

will also be limited to 75 percent of the total

eligible costs.

Further, you are authorized to make

changes to this declaration to the extent

allowable under the Stafford Act.

The time period prescribed for the

implementation of section 310(a),

Priority to Certain Applications for

Public Facility and Public Housing

Assistance, 42 U.S.C. 5153, shall be for

a period not to exceed six months after

the date of this declaration.

Notice is hereby given that pursuant

to the authority vested in the Director of

the Federal Emergency Management

Agency under Executive Order 12148, I

hereby appoint Justo Hernandez of the

Federal Emergency Management Agency

to act as the Federal Coordinating

Officer for this declared disaster.

I do hereby determine the following

areas of the State of Florida to have been

affected adversely by this declared

major disaster:

Broward, Collier, Miami-Dade, and Monroe

Counties for Individual Assistance.

All counties within the State of

Florida are eligible to apply for