69986 Federal Register / Vol. 65, No. 225 / Tuesday, November 21, 2000 / Notices

IV. Solicitation of Comments

Interested persons are invited to

submit written data, views and

arguments concerning the foregoing

including whether the proposed rule

change is consistent with the Act.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, NW,

Washington, DC 20549–0609. Copies of

the submission, all subsequent

amendments, all written statements

with respect to the proposed rule

change that are filed with the

Commission, and all written

communications relating to the

proposed rule change between the

Commission and any person, other than

those that may be withheld from the

public in accordance with the

provisions of 5 U.S.C. 552, will be

available for inspection and copying in

the Commission’s Public Reference

Room. Copies of such filing will also be

available for inspection and copying at

the principal office of the Phlx. All

submissions should refer to File No.

SR–Phlx–00–85 and should be

submitted by December 12, 2000.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–29747 Filed 11–20–00; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

Data Collection Available for Public

Comments and Recommendations

ACTION: Notice and request for

comments.

SUMMARY: In accordance with the

Paperwork Reduction Act of 1995, this

notice announces the Small Business

Administration’s intentions to request

approval on a new, and/or currently

approved information collection.

DATES: Submit comments on or before

January 22, 2001.

ADDRESSES: Send all comments

regarding whether this information

collection is necessary for the proper

performance of the function of the

agency, whether the burden estimate is

accurate, and if there are ways to

minimize the estimated burden and

enhance the quality of the collection, to

Harriet Fredman, Deputy Assistant

Administrator, Office of Women

Business Ownership, Small Business

Administration, 409 3rd Street, SW.,

Suite 4400.

FOR FURTHER INFORMATION CONTACT:

Harriet Fredman, Deputy Assistant

Administrator, 202–205–6673 or Curtis

B. Rich, Management Analyst, (202)

205–7030.

SUPPLEMENTARY INFORMATION: Title:

Mentoring Programs that work,

Women’s Network for Entrepreneurial

Training (WNET).

Form No’s: 2031, 2031A, 2031B,

2013C, 2031D, 2031E, 2031F, 2031G.

Description of Respondents: SBA’s

Women’s Business Ownership

Representatives.

Annual Responses: 10,000.

Annual Burden: 2,000.

ADDRESSES: Send all comments

regarding whether these information

collections are necessary for the proper

performance of the function of the

agency, whether the burden estimate is

accurate, and if there are ways to

minimize the estimated burden and

enhance the quality of the collections, to

Carol Fendler, System Accountant,

Office of Investment Division, Small

Business Administration, 409 3rd Street,

SW., Suite 6300.

FOR FURTHER INFORMATION CONTACT:

Carol Fendler, System Accountant, 202–

205-7559 or Curtis B. Rich, Management

Analyst, (202) 205–7030.

SUPPLEMENTARY INFORMATION: Title:

Request for information concerning

Portfolio Financing

Form No: 857.

Description of Respondents: SBIC

Investment Companies.

Annual Responses: 2,160.

Annual Burden: 2,160.

Title: Financial Institution

Confirmation Form.

Form No: 860.

Description of Respondents: SBIC

Investment Companies

Annual Responses: 750.

Annual Burden: 750.

Jacqueline White,

Chief, Administrative Information Branch.

[FR Doc. 00–29825 Filed 11–20–00; 8:45 am]

BILLING CODE 8025–01–U

SMALL BUSINESS ADMINISTRATION

Notice of Sale of Business and

Disaster Assistance Loans

AGENCY: Small Business Administration.

ACTION: Notice of Sale of Business and

Disaster Assistance Loans—Loan Sale

#3.

SUMMARY: This notice announces the

Small Business Administration’s

(‘‘SBA’’) intention to sell approximately

19,200 secured and unsecured business

and disaster assistance loans,

(collectively referred to as the ‘‘Loans’’).

This is SBA’s third sale in its Asset

Sales Program and the second sale that

includes disaster assistance loans,

which includes both business and

consumer loans. The total unpaid

principal balance of the Loans is

approximately $1.15 billion (U.S.). SBA

previously guaranteed some of the

Loans under various sections of the

Small Business Act, as amended, 15

U.S.C. 631 et seq. or the Small Business

Investment Act, as amended, 15 U.S.C.

695 et seq. Any SBA guarantees that

might have existed at one time have

been paid and no SBA guaranty is

available to the successful bidders in

this sale. The majority of the loans were

originated from and are serviced by

SBA. The collateral for the secured

Loans includes commercial and

residential real estate and other

businesses and personal property

located nationwide. This notice also

summarizes the bidding process for the

Loans.

DATES: The Bidder Information Package

will be available to qualified bidders

beginning on or about October 3, 2000.

The Bid Date is scheduled for December

5, 2000, and closings are scheduled to

occur between December 15, 2000 and

December 29, 2000. These dates are

subject to change at SBA’s discretion.

ADDRESSES: Bidder Information

Packages will be available to qualified

bidders from SBA’s Transaction

Financial Advisor, Hanover Capital

Partners Ltd. (‘‘Hanover’’). Bidder

Information Packages will only be made

available to parties that have submitted

a completed Confidentiality Agreement

and Bidder Qualification Statement and

have demonstrated that they are

qualified bidders. The Confidentiality

Agreement and Bidder Qualification

Statement are available on the SBA

Website at www.sba.gov/assets/

sale3.html or by calling (877) 457–6754.

The completed Confidentiality and

Bidder Qualification Statement should

be sent to the attention of Kathryn Merk,

SBA Loan Sale 3, by fax, at (732) 572–

5959 and mailed, to Hanover Capital

Partners Ltd., 100 Metroplex Drive,

Suite 301, Edison, NJ 08817.

The Due Diligence Facility is

scheduled to open on or about October

3, 2000 and close on or about December

4, 2000. These dates are subject to

change at SBA’s discretion.

FOR FURTHER INFORMATION CONTACT:

Margaret L. Hawley, Program Manager,

Small Business Administration, 409

Third Street, SW, Washington, DC

20416; 202–401–8234. This is not a toll

free number. Hearing or speechimpaired individuals may access this

Federal Register / Vol. 65, No. 225 / Tuesday, November 21, 2000 / Notices 69987

number via TDD/TTY by calling the

Federal Information Relay Service’s tollfree number at 1–800–877–8339.

SUPPLEMENTARY INFORMATION: SBA

intends to sell approximately 19,200

secured and unsecured business and

disaster assistance loans, collectively

referred to as the ‘‘Loans’’. The Loans

include performing, sub-performing and

non-performing loans. The Loans will

be offered to qualified bidders in loan

pools that will be based on such factors

as performance status, collateral status,

collateral type and geographic location

of the collateral. A list of the Loans, loan

pools and pool descriptions is contained

in the Bidder Information Package. SBA

will offer interested persons an

opportunity to bid competitively on

loan pools, subject to conditions set

forth in the Bidder Information Package.

SBA shall use its sole discretion to

evaluate and determine winning bids.

No loans will be sold individually. The

Loans to be sold are located throughout

the United States as well as Puerto Rico,

U.S. Virgin Islands, Guam and other

Pacific Islands.

The Bidding Process

To ensure a uniform and fair

competitive bidding process, the terms

of sale are not subject to negotiation.

SBA will describe in detail the

procedure for bidding on the Loans in

the Bidder Information Package, which

will include bid forms, a non-negotiable

loan sale agreement prepared by SBA

(‘‘Loan Sale Agreement’’), specific bid

instructions, as well as pertinent loan

information by loan pool such as total

outstanding unpaid principal balance,

interest rate, remaining term, loan to

value, aggregate payment history and

collateral information including

geographic location and type. The

Bidder Information Package also

includes CD–ROMs that contain

information pertaining to the Loans.

The Bidder Information Package will

be available approximately 9 weeks

prior to the Bid Date. It will contain

procedures for obtaining supplemental

information about the Loans. Any

interested party may request a copy of

the Bidder Information Package by

sending a written request together with

a duly executed copy of the

Confidentiality Agreement and a Bidder

Qualification Statement to the address

specified in the ADDRESSES section of

this notice.

Prior to the Bid Date, one or more

Bidder Information Package

Supplements will be mailed to all

recipients of the original Bidder

Information Package. The final list of

loans included in Sale #3 will be

contained in a Bidder Information

Package Supplement as well as any final

instructions for the sale.

Deposit and Liquidated Damages

Each bidder must include with its bid

a deposit equal to 10 percent of the

amount of the bidder’s highest bid. If a

successful bidder fails to close in

accordance with the terms of the Loan

Sale Agreement, SBA shall retain the

deposit as liquidated damages.

Due Diligence Facility

A bidder due diligence period will

commence on or about October 3, 2000.

During the bidder due diligence period,

a non-refundable assessment of $1,000

US (the Due Diligence Assessment)

entitles qualified bidders to receive the

Due Diligence CD–ROM, and enables

qualifed bidders to access an imaged

database of file documents relating to

the Loans (‘‘Asset Review Files’’) either

off-site electronically, by visiting SBA’s

Due Diligence Facility, or both.

Alternatively, for a non-refundable

assessment of $500 US, qualified

bidders may review the Asset Review

Files by visiting the Due Diligence

Facility located at 499 South Capital,

SW, Suite 300, Washington, DC 20003.

Bidders that have paid the due diligence

assessment of $500 US will also receive

the Due Diligence CD–ROM that

contains due diligence materials such as

loan payment history and updated third

party reports.

Specific instructions for accessing

information in electronic format or

making an appointment to visit the Due

Diligence Facility are included in the

Bidder Information Package.

SBA Reservation of Rights

SBA reserves the right to remove

loans from the sale at any time prior to

the Bid Date, and add loans prior to the

Cut-Off Date for any reason and without

prejudice to its right to include any

loans in a later sale. SBA also reserves

the right to terminate this sale at any

time prior to the Bid Date.

SBA reserves the right to use its sole

discretion to evaluate and determine

winning bids. SBA also reserves the

right in its sole discretion and for any

reason whatsoever to reject any and all

bids.

SBA reserves the right to conduct a

‘‘best and final’’ round of bidding

wherein bidders will be given the

opportunity to increase their bids. A

best and final round shall not be

construed as a rejection of any bid or

preclude SBA from accepting any bid

made by a bidder.

Ineligible Bidders

The following individuals and entities

(either alone or in combination with

others) are ineligible to bid on the Loans

included in the sale:

(1) Any employee of SBA, any

member of any such employee’s

household and any entity controlled by

an SBA employee or by a member of

such employee’s household.

(2) Any individual or entity that is

debarred or suspended from doing

business with SBA or any other agency

of the United States Government.

(3) Any contractor, subcontractor,

consultant, and/or advisor (including

any agent, employee, partner, director,

principal, or affiliate of any of the

foregoing) who will perform or has

performed services for, or on-behalf of,

SBA, either in connection with the

Loans, this sale or the development of

SBA’s Asset Loan Sales Program.

(4) Any individual who was an

employee, partner, director, agent or

principal of any entity, or individual

described in paragraph (3) above at any

time during which the entity or

individual performed services for, or on

behalf of, SBA, either in connection

with the Loans, with this sale or the

development of SBA’s Asset Sales

Program.

(5) Any individual or entity that has

used or will use the services, directly or

indirectly, of any person or entity

ineligible under any of paragraphs (1)

through (4) above to assist in the

preparation of any bid in connection

with this sale.

Loan Sale Procedure

SBA plans to use a competitive sealed

bid process as the method to sell the

Loans. SBA believes this method of sale

optimizes the return on the sale of

Loans and attracts the largest field of

interested parties. This method also

provides the quickest and most efficient

vehicle for the SBA to dispose of the

Loans.

Post Sale Servicing Requirements

The Loans will be sold servicing

released. Purchasers of the Loans and

their successors and assigns will be

required to service the Loans in

accordance with the applicable

provisions of the Loan Sale Agreement

for the life of the Loans. In addition, the

Loan Sale Agreement establishes certain

requirements that a servicer must satisfy

in order to service the Loans.

Scope of Notice

This notice applies to SBA Sale #3

and does not establish agency

procedures and policies for other loan

sales. If there are any conflicts between

69988 Federal Register / Vol. 65, No. 225 / Tuesday, November 21, 2000 / Notices

this Notice and the Bidder Information

Package, the Bidder Information

Package shall prevail.

Dated: November 2, 2000.

LeAnn M. Oliver,

Acting Associate Administrator for Financial

Assistance.

[FR Doc. 00–29561 Filed 11–20–00; 8:45 am]

BILLING CODE 8025–01–U

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3306]

State of Michigan

Genesee County and the contiguous

counties of Lapeer, Livingston, Oakland,

Saginaw, Shiawassee, and Tuscola in

the State of Michigan constitute a

disaster area due to damages caused by

heavy rains and flooding that occurred

on September 22–23, 2000. Applications

for loans for physical damage as a result

of this disaster may be filed until the

close of business on January 2, 2001 and

for economic injury until the close of

business on August 1, 2001 at the

address listed below or other locally

announced locations:

U.S. Small Business Administration, Disaster

Area 2 Office, One Baltimore Place, Suite

300, Atlanta, GA 30308.

The interest rates are:

Percent

For Physical Damage:

Homeowners with credit

available elsewhere ........... 7.375

Homeowners without credit

available elsewhere ........... 3.687

Businesses with credit available elsewhere ................... 8.000

Businesses and non-profit organizations without credit

available elsewhere ........... 4.000

Others (including non-profit

organizations) with credit

available elsewhere ........... 6.750

For Economic Injury:

Businesses and small agricultural cooperatives without

credit available elsewhere 4.000

The numbers assigned to this disaster

are 330606 for physical damage and

9J4600 for economic injury.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008.)

Dated: November 1, 2000.

Fred P. Hochberg,

Acting Administrator.

[FR Doc. 00–29762 Filed 11–20–00; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

Region VI Houston District Advisory

Council; Public Meeting

The Small Business Administration

Region VI Houston District Advisory

Council, located in the geographical

area of Houston, Texas, will hold a

public meeting at 11:00 a.m. until 3:30

p.m. on Tuesday, December 12, 2000, at

Chase’s Conference Room (Mezzanine

level), 707 Travis Road, Houston, TX

77002, to discuss such matters as may

be presented by members, staff of the

Small Business Administration, or

others present. For further information

write or call Myriam Gonzalez, U.S.

Small Business Administration, 9301

Southwest Freeway, Suite 550 Houston,

Texas 77074; (713) 773–6500 Ext. 254.

Bettie Baca,

Counselor to the Administrator/Public

Liaison.

[FR Doc. 00–29761 Filed 11–20–00; 8:45 am]

BILLING CODE 8025–01–P

SOCIAL SECURITY ADMINISTRATION

Statement of Organization, Functions

and Delegations of Authority:

Correction

AGENCY: Social Security Administration.

ACTION: Correction Notice.

SUMMARY: This notice corrects the

notice: Social Security Administration—

Statement of Organization, Functions

and Delegations of Authority, published

in the Federal Register on September

26, 1997 (62 FR 50649).

SUPPLEMENTARY INFORMATION: In the

notice document 97–25611, which

appeared on pages 50649 and 50650 in

the issue of Friday, September 26, 1997,

we show two incorrect SAC’s for the

Office of Publication and Logistics

Management in the Office of the Deputy

Commissioner, Finance, Assessment

and Management (ODCLCA). This

correction notice corrects that mistake.

Make the correction as follows:

On page 50649, in the second column

under ‘‘Organization’’, item D, change

the SAC in parentheses from S1SC to

S1SH and in item E, change the SAC in

parentheses from S1SH to S1SN.

On page 50649, in the second column

under ‘‘Functions’’, item D, change the

SAC in parentheses from S1SC to S1SH.

On page 50649, in the third column

under ‘‘Functions’’, item E, change the

SAC in parentheses from S1SH to S1SN.

Dated: November 15, 2000.

Lewis H. Kaiser,

Director, Center for Classification and

Organization Management.

[FR Doc. 00–29732 Filed 11–20–00; 8:45 am]

BILLING CODE 4191–02–U

OFFICE OF THE UNITED STATES

TRADE REPRESENTATIVE

Determination Under the Caribbean

Basin Trade Partnership Act

AGENCY: Office of the United States

Trade Representative.

ACTION: Notice.

SUMMARY: The United States Trade

Representative has determined that

Guyana is making substantial progress

toward implementing and following the

customs procedures required by the

Caribbean Basin Trade Partnership Act

and, therefore, imports of eligible

products from Guyana qualify for the

enhanced trade benefits provided under

the Act.

EFFECTIVE DATE: November 9, 2000.

FOR FURTHER INFORMATION CONTACT:

Christopher Wilson, Director for Central

America and the Caribbean, Office of

the United States Trade Representative,

(202) 395–5190.

SUPPLEMENTARY INFORMATION: The

Caribbean Basin Trade Partnership Act

(Title II of the Trade and Development

Act of 2000, Pub. L. No. 106–200)

(CBTPA) expands the trade benefits

available to Caribbean and Central

American countries under the Caribbean

Basin Economic Recovery Act (CBERA).

The CBTPA reduces or eliminates tariffs

and eliminates quantitative restrictions

on certain products that previously were

not eligible for preferential treatment

under the CBERA. The enhanced trade

benefits provided by the CBTPA are

available to imports of eligible products

from countries that (1) are designated as

‘‘CBTPA beneficiary countries,’’ and (2)

have implemented and follow, or are

making substantial progress toward

implementing and following, certain

customs procedures, drawn from

Chapter 5 of the North American Free

Trade Agreement, that allow U.S.

Customs to verify the origin of the

products.

On October 2, 2000, the President

designated all 24 current beneficiaries

under the CBERA as ‘‘CBTPA

beneficiary countries.’’ Proclamation

7351 delegated to the United States

Trade Representative (USTR) the

authority to determine whether the

designated CBTPA beneficiary countries

have implemented and follow, or are