Federal Register / Vol. 63, No. 103 / Friday, May 29, 1998 / Notices 29459

the income approach in reaching their

conclusion as to the value of the

Property. Using the sales comparison

approach, the appraisers analyzed

preschool building sales in the Phoenix

area and compared those to the Property

with adjustments made for property

rights, financing, conditions of sale,

market conditions, location and

physical features, and arrived at a fair

market value of $405,000. With respect

to the income approach, Mr. Ringel and

Mr. Froelich employed the direct

capitalization method, the preferred

technique of preschool investors, and

estimated the value of the subject

property to be $407,000. Giving the two

methods equal weight, the appraisers

concluded the value of the Property to

be $406,000.

7. In summary, the applicant

represents that the proposed transaction

satisfies the criteria of section 4975(c)(2)

of the Code for the following reasons: (a)

the terms of the Loan are at least as

favorable to the Account as those

obtainable in an arm’s length

transaction with an unrelated party; (b)

the amount of the Loan does not exceed

25% of the assets in the Account; and

(c) the Loan is secured by a first deed

of trust on the Property, which has been

appraised by a qualified independent

appraiser to have a fair market value not

less than 150% of the outstanding

balance of the Loan throughout its

duration.

Notice to Interested Persons

Because Dr. Overland is the only

participant to be affected by the

proposed transaction, it has been

determined that there is no need to

distribute the notice of proposed

exemption (the Notice) to interested

persons. Comments and requests for a

hearing are due thirty (30) days after

publication of the Notice in the Federal

Register.

FOR FURTHER INFORMATION CONTACT: Mr.

James Scott Frazier, telephone (202)

219–8881. (This is not a toll-free

number).

General Information

The attention of interested persons is

directed to the following:

(1) The fact that a transaction is the

subject of an exemption under section

408(a) of the Act and/or section

4975(c)(2) of the Code does not relieve

a fiduciary or other party in interest of

disqualified person from certain other

provisions of the Act and/or the Code,

including any prohibited transaction

provisions to which the exemption does

not apply and the general fiduciary

responsibility provisions of section 404

of the Act, which among other things

require a fiduciary to discharge his

duties respecting the plan solely in the

interest of the participants and

beneficiaries of the plan and in a

prudent fashion in accordance with

section 404(a)(1)(b) of the act; nor does

it affect the requirement of section

401(a) of the Code that the plan must

operate for the exclusive benefit of the

employees of the employer maintaining

the plan and their beneficiaries;

(2) Before an exemption may be

granted under section 408(a) of the Act

and/or section 4975(c)(2) of the Code,

the Department must find that the

exemption is administratively feasible,

in the interests of the plan and of its

participants and beneficiaries and

protective of the rights of participants

and beneficiaries of the plan;

(3) The proposed exemptions, if

granted, will be supplemental to, and

not in derogation of, any other

provisions of the Act and/or the Code,

including statutory or administrative

exemptions and transitional rules.

Furthermore, the fact that a transaction

is subject to an administrative or

statutory exemption is not dispositive of

whether the transaction is in fact a

prohibited transaction; and

(4) The proposed exemptions, if

granted, will be subject to the express

condition that the material facts and

representations contained in each

application are true and complete, and

that each application accurately

describes all material terms of the

transaction which is the subject of the

exemption.

Signed at Washington, DC, this 22nd day

of May, 1998.

Ivan Strasfeld,

Director of Exemption Determinations,

Pension and Welfare Benefits Administration,

Department of Labor.

[FR Doc. 98–14196 Filed 5–22–98; 8:45 am]

BILLING CODE 4510–29–P

NATIONAL COMMISSION ON

LIBRARIES AND INFORMATION

SCIENCE

Sunshine Act Meeting

TIME, DATE, AND PLACE: June 25, 1998.

Status: Open.

9:00 a.m.–4:00 p.m. Benton

Foundation, The Richard M. Neustadt

Center for Communications in the

Public Interest, 1634 I Street, NW.,

Washington, DC.

Status: Closed.

4:00 p.m.–5:00 p.m. Discussion,

internal personnel matters.

MATTERS TO BE DISCUSSED: Benton

Foundation programs dealing with

library advocacy and children issues,

Charles Benton; Report, Working Group

on Issues of Journal Pricing, Publishing,

and Copyright; Report, Access to

Government Information; Update,

NCLIS Action Plan; GPO Depository

Library Program; ALA/NCLIS Public

Libraries and the Internet Study; Library

Statistics Program; Survey of

international activities and assessment

of NCLIS’ role(s); Discussion, issues

affecting children and the Internet; and

administrative matters.

Status: Open.

June 26, 1998.

9:00 a.m.–12:00 N—Library of

Congress, James Madison Memorial

Building, West Dining Room,

Washington, DC.

MATTERS TO BE DISCUSSED: Institute of

Museum and Library Services Program

Activities; LSTA Leadership Grants;

Guidelines for State-Based Grants;

Legislation and Library and Information

issues.

To request further information or to

make special arrangements for

physically challenged persons, contact

Barbara Whiteleather (202–606–9200)

no later than one week in advance of the

meeting.

Dated: May 21, 1998.

Robert S. Willard,

Acting Executive Director.

[FR Doc. 98–14338 Filed 5–26–98; 4:02 pm]

BILLING CODE 7527–01–M

NATIONAL CREDIT UNION

ADMINISTRATION

Agency Information Collection

Activities: Submission to OMB for

Review; Comment Request

AGENCY: National Credit Union

Administration (NCUA).

ACTION: Request for comment.

SUMMARY: The NCUA is resubmitting the

following information collections

without change to the Office of

Management and Budget (OMB) for

review and clearance under the

Paperwork Reduction Act of 1995 (Pub.

L. 104–13, 44 U.S.C. Chapter 35). These

information collections are published to

obtain comments from the public.

DATES: Comments will be accepted until

July 28, 1998.

ADDRESSES: Interested parties are

invited to submit written comments to

NCUA Clearance Officer or OMB

Reviewer listed below:

Clearance Officer: Mr. James L.

Baylen (703) 518–6411, National Credit

Union Administration, 1775 Duke

Street, Alexandria, Virginia 22314–
29460 Federal Register / Vol. 63, No. 103 / Friday, May 29, 1998 / Notices

3428, Fax No. 703–518–6433, E-mail:

jbaylen@ncua.gov.

OMB Reviewer: Alexander T. Hunt

(202) 395–7860, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

FOR FURTHER INFORMATION CONTACT:

Copies of the information collection

requests, with applicable supporting

documentation, may be obtained by

calling the NCUA Clearance Officer,

James L. Baylen, (703) 518–6411.

SUPPLEMENTARY INFORMATION: Proposals

for the following collections of

information:

OMB Number: 3133–0061.

Form Number: CLF–8703.

Type of Review: Extension of a

currently approved collection.

Title: Central Liquidity Facility (CLF)

Repayment Agreement, Regular

Member.

Description: The form is used by CLF

regular members borrowing from the

CLF.

Respondents: Credit Unions that are

CLF regular members that borrow from

the CLF.

Estimated No. of Respondents/

Recordkeepers: 25.

Estimated Burden Hours Per

Response: 1 hour.

Frequency of Response: Other. As the

need for borrowing arises.

Estimated Total Annual Burden

Hours: 25.

Estimated Total Annual Cost: N/A.

OMB Number: 3133–0063.

Form Number: CLF–8702.

Type of Review: Extension of a

currently approved collection.

Title: Central Liquidity Facility (CLF)

Membership Application.

Description: This is a one-time form

used to request membership in the CLF.

Respondents: Credit unions seeking

membership in the CLF.

Estimated No. of Respondents/

Recordkeepers: 25.

Estimated Burden Hours Per

Response: 12.5 hours.

Frequency of Response: Other. As

credit unions request membership in the

CLF.

Estimated Total Annual Burden

Hours: 18.5.

Estimated Total Annual Cost: N/A.

OMB Number: 3133–0064.

Form Number: CLF–7000, 7001, 7002,

7003, & 7004.

Type of Review: Extension of a

currently approved collection.

Title: Forms and instructions for

Central Liquidity Facility (CLF) loans.

Description: Forms used by each

borrower from the CLF.

Respondents: Credit Unions that

borrow from the CLF.

Estimated No. of Respondents/

Recordkeepers: 25.

Estimated Burden Hours Per

Response: 1 hour.

Frequency of Response: Other. As the

need for borrowing arises.

Estimated Total Annual Burden

Hours: 25.

Estimated Total Annual Cost: N/A.

OMB Number: 3133–0136.

Form Number: CLF–8704.

Type of Review: Extension of a

currently approved collection.

Title: Central Liquidity Facility (CLF)

Repayment Agreement, Agent Member.

Description: The form is used by CLF

agent members borrowing from the CLF.

Respondents: Credit Unions that are

CLF agent members that borrow from

the CLF.

Estimated No. of Respondents/

Recordkeepers: 15.

Estimated Burden Hours Per

Response: 6 hours.

Frequency of Response: Other. As the

need for borrowing arises.

Estimated Total Annual Burden

Hours: 90.

Estimated Total Annual Cost: N/A.

By the National Credit Union

Administration Board on May 19, 1998.

Becky Baker,

Secretary of the Board.

[FR Doc. 98–14198 Filed 5–28–98; 8:45 am]

BILLING CODE 7535–01–P

NUCLEAR REGULATORY

COMMISSION

[Docket Nos. STN–50–528, STN 50–529, and

STN 50–530]

Arizona Public Service Company, et

al.; Notice of Issuance of Amendments

to Facility Operating Licenses

The U.S. Nuclear Regulatory

Commission (Commission) has issued

Amendment Nos. 117 to Facility

Operating License Nos. NPF–41, NPF–

51, and NPF–74, issued to the Arizona

Public Service Company, et al. (the

licensee) for operation of the Palo Verde

Nuclear Generating Station, Unit Nos. 1,

2, and 3, respectively, located in

Maricopa County, Arizona.

The amendments are effective as of

the date of issuance.

The amendments replace, in their

entirety, the current technical

specifications (TS) with a set of TS

based on NUREG–1432, ‘‘Standard

Technical Specifications, Combustion

Engineering Plants,’’ Revision 1, April

1995. In addition, the amendments add

four license conditions to Appendix D

that require (1) the relocation of

previous TS requirements into licenseecontrolled documents, (2) the first

performance of new and revised

surveillance requirements for the

improved TS (ITS) to be related to the

implementation of the ITS, (3) the

addition of a listing to Section 17.2 of

the Updated Final Safety Analysis

Report (UFSAR) of the commitments in

the Quality Assurance Program (QAP)

that are not in Chapter 17 of the UFSAR,

and (4) the Palo Verde Nuclear

Generating Station commercial-grade

equipment certification program to be

adequate to detect certain types of

failures. The implementation of the

amendments and the license conditions

will be on or about September 15, 1998.

The application for the amendments

complies with the standards and

requirements of the Atomic Energy Act

of 1954, as amended (the Act), and the

Commission’s rules and regulations.

The Commission has made appropriate

findings as required by the Act and the

Commission’s rules and regulations in

10 CFR Chapter I, which are set forth in

the license amendments.

Notice of Consideration of Issuance of

Amendments and Opportunity for

Hearing in connection with this action

was published in the Federal Register

on April 14, 1997 (62 FR 18153). No

request for a hearing or petition for

leave to intervene was filed following

this notice.

The Commission has prepared an

Environmental Assessment related to

the action and has determined not to

prepare an environmental impact

statement. Based upon the

environmental assessment, the

Commission has concluded that the

issuance of this amendment will not

have a significant effect on the quality

of the human environment.

For further details with respect to the

action see (1) the application for

amendments dated October 4, 1996, as

supplemented by (a) the 19 letters in

1997 dated January 31, March 16, May

30, May 30, June 6, July 18, July 18, July

18, July 18, July 18, August 31,

September 18, September 18, September

19, September 19, November 7,

November 14, November 26, and

December 16, and (b) the three letters in

1998 dated February 12, March 27, and

May 1, (2) Amendment No. 117 to

Facility Operating License No. NPF–41,

Amendment No. 117 to Facility

Operating License No. NPF–51, and

Amendment No. 117 to Facility

Operating License No. NPF–74, and (3)

the Commission’s related Safety

Evaluation and Environmental

Assessment. All of these items are

available for public inspection at the

Commission’s Public Document Room,

the Gelman Building, 2120 L Street,