71336 Federal Register / Vol. 65, No. 231 / Thursday, November 30, 2000 / Notices

arts organizations; the identification and

analysis of the obstacles and

opportunities for such financing

mechanisms; and the feasibility of new

structures or the adaptation of existing

structures for such purposes. The

recipient of the Cooperative Agreement

will also determine the appropriate

amount of the fund corpus needed and

estimate the associated administrative

costs. Completion of the study is

contemplated in six months. Those

interested in receiving the Solicitation

package should reference Program

Solicitation PS 01–01 in their written

request and include two (2) selfaddressed labels. Verbal requests for the

Solicitation will not be honored. It is

anticipated that the Program Solicitation

will also be posted on the Endowment’s

Web site at http://www.arts.gov.

DATES: Programs Solicitation PS 01–01

is scheduled for release approximately

December 28, 2000 with proposals due

on January 29, 2001.

ADDRESSES: Requests for the Solicitation

should be addressed to the National

Endowment for the Arts, Grants &

Contracts Office, Room 618, 1100

Pennsylvania Ave., NW, Washington,

DC 20506.

FOR FURTHER INFORMATION CONTACT:

William Hummel, Grants & Contracts

Office, National Endowment for the

Arts, Room 618, 1100 Pennsylvania

Ave., NW, Washington, DC 20506 (202/

682–5482).

William I. Hummel,

Coordinator, Cooperative Agreements.

[FR Doc. 00–30511 Filed 11–29–00; 8:45 am]

BILLING CODE 7537–01–M

NUCLEAR REGULATORY

COMMISSION

[Docket No. 50–320]

GPU Nuclear, Inc., Metropolitan

Edison, Jersey Central Power & Light,

and Pennsylvannia Electric Company

Three Mile Island, Unit No. 2; Notice of

Consideration of Approval of

Application Regarding Proposed

Merger and Opportunity for a Hearing

The U.S. Nuclear Regulatory

Commission (the Commission) is

considering the issuance of an order

under 10 CFR 50.80 approving the

indirect transfer of Facility Possession

Only License No. DPR–73 for the Three

Mile Island Nuclear Station, Unit No. 2

(TMI–2), held by GPU Nuclear, Inc.

(GPUN), Metropolitan Edison (Met Ed),

Jersey Central Power & Light (JCP&L),

and Pennsylvannia Electric Company

(Penelec). The indirect transfer would

be to FirstEnergy Corp. (FE),

headquartered in Akron, Ohio.

According to a September 26, 2000,

application submitted by FE and GPUN,

as supplemented by letters dated

September 27, November 9, and

November 14, 2000, GPU, Inc., the

corporate parent of GPUN, Met Ed,

JCP&L, and Penelec, is planning to be

merged with and into FE. FE will

remain as the surviving corporation in

this transaction. Upon consummating

the merger, FE will become a registered

holding company under the Public

Utility Holding Company Act of 1935,

and GPUN, Met Ed, JCP&L, and Penelec,

currently subsidiaries of GPU, Inc., will

become subsidiaries of FE.

No physical changes to the TMI–2

facility or operational changes are being

proposed in the application. GPUN, the

TMI–2 licensee authorized to maintain

the facility, and Met Ed, JCP&L, and

Penelec, the licensed owners of TMI–2,

will continue to be so following the

merger. No direct transfer of the license

will result from the planned merger.

Pursuant to 10 CFR 50.80, no license,

or any right thereunder, shall be

transferred, directly or indirectly,

through transfer of control of the

license, unless the Commission shall

give its consent in writing. The

Commission will approve an

application for the indirect transfer of a

license, if the Commission determines

that the underlying transaction that will

effectuate the indirect transfer will not

affect the qualifications of the holders of

the license, and that the transfer is

otherwise consistent with applicable

provisions of law, regulations, and

orders issued by the Commission

pursuant thereto.

The filing of requests for hearing and

petitions for leave to intervene, and

written comments with regard to the

license transfer application, are

discussed below.

By December 20, 2000, any person

whose interest may be affected by the

Commission’s action on the application

may request a hearing and, if not the

applicants, may petition for leave to

intervene in a hearing proceeding on the

Commission’s action. Requests for a

hearing and petitions for leave to

intervene should be filed in accordance

with the Commission’s rules of practice

set forth in subpart M, ‘‘Public

Notification, Availability of Documents

and Records, Hearing Requests and

Procedures for Hearings on License

Transfer Applications,’’ of 10 CFR part

2. In particular, such requests and

petitions must comply with the

requirements set forth in 10 CFR 2.1306,

and should address the considerations

contained in 10 CFR 2.1308(a).

Untimely requests and petitions may be

denied, as provided in 10 CFR

2.1308(b), unless good cause for failure

to file on time is established. In

addition, an untimely request or

petition should address the factors that

the Commission will also consider, in

reviewing untimely requests or

petitions, set forth in 10 CFR

2.1308(b)(1)–(2).

Requests for a hearing and petitions

for leave to intervene should be served

upon counsel for FE, Roy P. Lessey,

Esq., Akin, Gump, Strauss, Hauer, &

Field, L.L.P., 1333 New Hampshire

Ave., NW., Suite 400, Washington, DC

20036, (202) 887–4500, (202) 887–4288

(fax), e-mail: rlessy@akingump.com; and

Mary O’Reilly, Esq., FirstEnergy Corp.,

76 South Main Street, Akron, OH 44308,

(330) 384–5224, (330) 384–3875 (fax), email: meoreilly@firstenergycorp.com;

and counsel for GPUN, David R. Lewis,

Esq., Shaw Pittman, 2300 N Street, NW.,

Washington, DC 20037–1128, (202) 663–

8474, (202) 663–8007(fax), e-mail:

david.lewis@shawpittman.com; and

Michael J. Connolly, Esq., Vice

President—Law, GPU Service, Inc., 300

Madison Avenue, Morristown, NJ

07962, (973) 455–8245, (973) 993–4801

(fax), e-mail: mconnolly@gpu.com; the

General Counsel, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555 (e-mail address for filings

regarding license transfer cases only:

ogclt@nrc.gov); and the Secretary of the

Commission, U.S. Nuclear Regulatory

Commission, Washington, DC 20555–

0001, Attention: Rulemakings and

Adjudications Staff, in accordance with

10 CFR 2.1313.

The Commission will issue a notice or

order granting or denying a hearing

request or intervention petition,

designating the issues for any hearing

that will be held and designating the

Presiding Officer. A notice granting a

hearing will be published in the Federal

Register and served on the parties to the

hearing.

As an alternative to requests for

hearing and petitions to intervene, by

January 2, 2001, persons may submit

written comments regarding the license

transfer application, as provided for in

10 CFR 2.1305. The Commission will

consider and, if appropriate, respond to

these comments, but such comments

will not otherwise constitute part of the

decisional record. Comments should be

submitted to the Secretary, U.S. Nuclear

Regulatory Commission, Washington,

DC 20555–0001, Attention: Rulemakings

and Adjudications Staff, and should cite

the publication date and page number of

this Federal Register notice.

For further details with respect to this

action, see the license transfer

Federal Register / Vol. 65, No. 231 / Thursday, November 30, 2000 / Notices 71337

1The Trust filed a notification of registration on

Form N–8A, and filed its initial registration

statement on Form N–1A under the 1940 Act and

the Securities Act of 1933, as amended (‘‘1933

Act’’), on September 5, 2000 (File Nos. 333–45194;

811–10115). Pursuant to Rule 0–4(a) under the 1940

Act, Applicants hereby incorporate by reference the

Trust’s registration statement to the extent

necessary to supplement the representations

contained herein.

2The Separate Accounts are, or will be, either

registered as investment companies under the 1940

Continued

application dated September 26, 2000,

and supplements dated September 27,

November 9, and November 14, 2000,

available for public inspection at the

Commission’s Public Document Room,

located at One White Flint North, 11555

Rockville Pike (first floor), Rockville,

Maryland, and accessible electronically

through the ADAMS Public Electronic

Reading Room link at the NRC Web site

http://www.nrc.gov.

Dated at Rockville, Maryland this 22nd day

of November 2000.

For the Nuclear Regulatory Commission.

John L. Minns,

Project Manager, Decommissioning Section,

Project Directorate IV & Decommissioning

Division of Licensing Project Management,

Office of Nuclear Reactor Regulation.

[FR Doc. 00–30466 Filed 11–30–00; 8:45 am]

BILLING CODE 7590–01–P

OVERSEAS PRIVATE INVESTMENT

CORPORATION

Sunshine Act Meeting

December 12, 2000 Board of Directors

Meeting

TIME AND DATE: Tuesday, December 12,

2000, 1:00 pm (Open Portion), 1:30 pm

(Closed Portion).

PLACE: Offices of the Corporation,

Twelfth Floor Board Room, 1100 New

York Avenue, NW., Washington, DC.

STATUS: Meeting Open to the Public

from 1:00 pm to 1:30 pm Closed portion

will commence at 1:30 pm (approx.)

MATTERS TO BE CONSIDERED: 

1. President’s Report

2. Amendment of the OPIC Bylaws

3. Approval of September 19, 2000

Minutes (Open Portion)

FURTHER MATTERS TO BE CONSIDERED:

Closed to the Public 1:30 pm)

1. Finance Project in OPIC Eligible

Countries

2. Finance Project in Brazil

3. Finance Project in Argentina

4. Approval of September 19, 2000

Minutes (Closed Portion)

5. Pending Major Projects

6. Reports

CONTACT PERSON FOR INFORMATION:

Information on the meeting may be

obtained from Connie M. Downs at (202)

336–8438.

Dated: November 28, 2000.

Connie M. Downs,

OPIC Corporate Secretary.

[FR Doc. 00–30649 Filed 11–28–00; 12:30

pm]

BILLING CODE 3210–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release Docket No. IC–24747; File No. 812–

12260]

The Ayco Company, et al.

November 22, 2000.

AGENCY: The Securities and Exchange

Commission (‘‘SEC’’ or ‘‘Commission’’).

ACTION: Notice of Application for an

Order of Exemption under Section 6(c)

of the Investment Company Act of 1940,

as amended (‘‘1940 Act’’) from Sections

9(a), 13(a), 15(a), and 15(b) of the 1940

Act and Rules 6e–2(b)(15) and 6e–

3(T)(b)(15) thereunder.

Applicants: Ayco Series Trust

(‘‘Trust’’) and The Ayco Company, L.P.

(‘‘Ayco’’) (collectively, ‘‘Applicants’’).

Summary of Application: Applicants

seek an order to permit shares for the

Trust and shares of any other existing or

future investment company that is

designed to fund insurance products

and for which Ayco, or any of its

affiliates, may serve as investment

manager, investment adviser,

subadviser, administrator, manager,

principal underwriter or sponsor (the

Trust and such other investment

companies being hereinafter referred to,

collectively, as ‘‘Insurance Trusts’’), or

permit shares of any current or future

series of any Insurance Trust

(‘‘Insurance Fund’’), to be sold to and

held by: (1) Separate accounts funding

variable annuity and variable life

insurance contracts issued by both

affiliated and unaffiliated life insurance

companies; (2) qualified pension and

retirement plans outside of the separate

account context (‘‘Qualified Plans’’ or

‘‘Plans’’); and (3) any investment

manager to an Insurance Trust

(‘‘Manager’’) and the affiliates thereof.

Filing Date: The application was filed

on September 15, 2000. Applicants

represent that they will file an

amendment to the application during

the notice period to conform to the

representations set forth herein.

Hearing or Notification of Hearing: An

order granting the application will be

issued unless the Commission orders a

hearing. Interested persons may request

a hearing on the application by writing

to the Secretary of the SEC and serving

Applicants with a copy of the request,

personally or by mail. Hearing requests

must be received by the SEC by 5:30

p.m. on December 15, 2000 and should

be accompanied by proof of service on

the Applicants, in the form of an

affidavit or, for lawyers, a certificate of

service. Hearing requests should state

the nature of writer’s interest, the reason

for the request, and the issues contested.

Persons may request notification of the

date of the hearing by writing to the

SEC’s Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, N.W., Washington, DC 20549–

0690. Applicants, c/o Margaret M.

Keyes, Esq., Deputy General Counsel,

The Ayco Company, L.P., One Wall

Street, Albany, New York 12205–3894.

FOR FURTHER INFORMATION CONTACT: Ann

L. Vlcek, Senior Counsel, or Lorna J.

MacLeod, Branch Chief, Office of

Insurance Products, Division of

Investment Management at (202) 942–

0670.

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application is

available for a fee from the SEC’s Public

Reference Branch, 450 Fifth Street,

N.W., Washington, DC 20549–0102

(202–942–8090).

Applicant’s Representations

1. The Trust is a Delaware business

trust organized on August 30, 2000. It is

registered under the 1940 Act of the

series type as an open-end management

investment company.1 The initial series

of the Trust is the Ayco Large Cap

Growth Fund I (‘‘Fund’’). The Trust is

authorized to establish additional series

and classes of shares.

2. Mercer Allied Company, L.P.

(‘‘Mercer Allied’’), a broker-dealer

registered with the Commission and a

member of the National Association of

Securities Dealers, Inc., serves as the

Trust’s distributor. The General Partner

of Mercer Allied is Breham, Inc., a

corporation wholly-owned by John

Breyo, the Trust’s Chief Executive

Officer and a Trustee of the Trust.

3. Ayco Asset Management, a division

of Ayco, serves as the Trust’s

investment manager. Ayco is registered

as an investment adviser with the SEC

under the Investment Advisers Act of

1940, as amended. The general partner

of Ayco is Hambre, Inc., a corporation

also wholly-owned by John Breyo.

4. The Insurance Trusts intend to offer

shares of the Insurance Funds to

registered and unregistered separate

accounts of affiliated and unaffiliated

insurance companies (collectively,

‘‘Separate Accounts’’ 2 in order to fund