Federal Register / Vol. 63, No. 145 /Wednesday, July 29, 1998 / Notices 40567

Tennessee Valley Authority, Docket

Nos. 50–259, 50–260 and 50–296,

Browns Ferry Nuclear Plant, Units 1, 2

and 3, Limestone County, Alabama

Date of application for amendments:

June 6, 1996, as supplemented

September 26, 1997, January 23, 1998,

and May 19, 1998 (TS–372).

Brief description of amendments:

Changes to the technical specifications

administrative controls related to

quality assurance, and other

administrative and editorial changes.

Date of issuance: July 9, 1998.

Effective date: July 9, 1998.

Amendment Nos.: 233, 252, and 211.

Facility Operating License Nos. DPR–

33, DPR–52 and DPR–68: Amendments

revised the Technical Specifications.

Date of initial notice in Federal

Register: September 25, 1996 (61 FR

50346).

The supplemental letters dated

September 26, 1997, January 23, and

May 19, 1998 did not change the

original no significant hazards

determination.

The Commission’s related evaluation

of the amendment is contained in a

Safety Evaluation dated July 9, 1998.

No significant hazards consideration

comments received: None.

Local Public Document Room

location: Athens Public Library, South

Street, Athens, Alabama 35611.

Toledo Edison Company, Centerior

Service Company, and The Cleveland

Electric Illuminating Company, Docket

No. 50–346, Davis-Besse Nuclear Power

Station, Unit 1, Ottawa County, Ohio

Date of application for amendment:

April 24, 1998.

Brief description of amendment: This

amendment changed Technical

Specification (TS) Section 3/4.3.1.1,

‘‘Reactor Protection System

Instrumentation,’’ TS Section 3/4.3.2.1,

‘‘Safety Features Actuation System

Instrumentation,’’ TS Section 3/4.3.2.2,

‘‘Steam and Feedwater Rupture Control

System Instrumentation,’’ and the

associated TS bases. The TS tables of

response time limits were relocated to

the Davis-Besse Technical Requirements

Manual. Other changes in these TS

sections were also made consistent with

the relocation.

Date of issuance: July 7, 1998.

Effective date: July 7, 1998.

Amendment No.: 225.

Facility Operating License No. NPF–3:

Amendment revised the Technical

Specifications.

Date of initial notice in Federal

Register: The Commission’s related

evaluation of the amendment is

contained in a Safety Evaluation dated

July 7, 1998.

No significant hazards consideration

comments received: No.

Local Public Document Room

location: University of Toledo, William

Carlson Library, Government

Documents Collection, 2801 West

Bancroft Avenue, Toledo, OH 43606.

Wisconsin Electric Power Company,

Docket Nos. 50–266 and 50–301, Point

Beach Nuclear Plant, Units 1 and 2,

Town of Two Creeks, Manitowoc

County, Wisconsin

Date of application for amendments:

April 24, 1996, as supplemented

December 15, 1997, and June 22, 1998.

Brief description of amendments:

These amendments revise Technical

Specifications (TS) Section 15.7,

‘‘Radiological Effluent Technical

Specifications (RETS).’’ Portions of the

RETS are moved to licensee-controlled

documents consistent with Nuclear

Regulatory Commission guidance on TS

improvements. Other sections of the TSs

have also been revised consistent with

the removal of portions of the RETS.

Date of issuance: July 13, 1998.

Effective date: July 13, 1998, with full

implementation within 45 days.

Implementation shall include relocation

of certain Technical Specification

requirements to licensee-controlled

documents, as described in the

licensee’s application dated April 24,

1996, as supplemented by letter dated

December 15, 1997, and June 22, 1998,

and evaluated in the staff’s safety

evaluation attached to the amendments.

Amendment Nos.: 184 and 188.

Facility Operating License Nos. DPR–

24 and DPR–27: Amendments revised

the Technical Specifications.

Date of initial notice in Federal

Register: June 5, 1996 (61 FR 28620)

The December 15, 1997, and June 22,

1998, submittals provided additional

clarifying information and updated TS

pages. This information was within the

scope of the original Federal Register

notice and did not change the staff’s

initial no significant hazards

considerations determination.

The Commission’s related evaluation

of the amendments is contained in a

Safety Evaluation dated July 13, 1998.

No significant hazards consideration

comments received: No.

Local Public Document Room

location: The Lester Public Library,

1001 Adams Street, Two Rivers,

Wisconsin 54241.

Dated at Rockville, Maryland, this 22nd

day of July 1998.

For the Nuclear Regulatory Commission.

Elinor G. Adensam,

Acting Director, Division of Reactor Projects—

III/IV, Office of Nuclear Reactor Regulation.

[FR Doc. 98–20111 Filed 7–28–98; 8:45 am]

BILLING CODE 7590–01–P

SECURITIES AND EXCHANGE

COMMISSION

Submission for OMB Review;

Comment Request

Upon Written Request, Copies Available

From: Securities and Exchange

Commission, Office of Filings and

Information Services, Washington, DC

20549.

Extension: Rule 17f–1(g)—SEC File No. 270–

30—OMB Control No. 3235–0290

Notice is hereby given that pursuant

to the Paperwork Reduction Act of 1995

(44 U.S.C. 3501 et seq.), the Securities

and Exchange Commission

(‘‘Commission’’) has submitted to the

Office of Management and Budget a

request for extension of the previously

approved collection of information

discussed below.

• Rule 17f–1(g) Requirements for

reporting and inquiry with respect to

missing, lost, counterfeit or stolen

securities.

Rule 17f–1(g), under the Securities

Exchange Act of 1934 (‘‘Act’’), requires

that all reporting institutions (i.e., every

national securities exchange, member

thereof, registered securities association,

broker, dealer, municipal securities

dealer, registered transfer agent,

registered clearing agency, participant

therein, member of the Federal Reserve

System and bank insured by the FDIC)

maintain and preserve a number of

documents related to their participation

in the Lost and Stolen Securities

Program (‘‘Program’’) under Rule 17f–1.

The following documents must be kept

in an easily accessible place for three

years, according to paragraph (g): (a)

copies or all reports of theft or loss

(Form X–17F–1A) filed with the

Commission’s designee: (b) all

agreements between reporting

institutions regarding registration in the

Program or other aspects of Rule 17f–1;

and (c) all confirmations or other

information received from the

Commission or its designee as a result

of inquiry.

Reporting institutions utilize these

records and reports (a) to report missing,

lost, stolen or counterfeit securities to

the data base, (b) to confirm inquiry of

the data base, and (c) to demonstrate

compliance with Rule 17f–1. The

Commission and the reporting

institutions’ examining authorities
40568 Federal Register / Vol. 63, No. 145 /Wednesday, July 29, 1998 / Notices

1 Interests also could be sold to entities resident

outside the U.S. that are wholly-owned and

controlled by the individual limited partners and

formed for tax purposes.

utilize these records to monitor the

incidence of thefts and losses incurred

by reporting institutions and to

determine compliance with Rule 17f–1.

If such records were not retained by

reporting institutions, compliance with

Rule 17f–1 could not be monitored

effectively.

The Commission estimates that there

are 24,518 reporting institutions

(respondents) and, on average, each

respondent would need to retain 33

records annually, with each retention

requiring approximately 1 minute (33

minutes or .55 hours). The total

estimated annual burden is 13,484.9

hours (24,518×.55 hours=13,484.9).

Assuming an average hourly cost for

clerical work of $10, the average total

yearly record retention cost for each

respondent would be $5.50. Based on

these estimates, the total annual cost for

the estimated 24,518 reporting

institutions would be approximately

$134,849.

Rule 17f–1(g) does not require

periodic collection, but does require

retention of records generated as a result

of compliance with Rule 17f–1. Under

Section 17 (b) and (f) of the Act, the

information required by Rule 17f–1(g) is

available to the Commission and

Federal bank regulators for

examinations or collection purposes.

Rule 0–4 of the Act deems such

information to be confidential. Please

note that an agency may not conduct or

sponsor, and a person is not required to

respond to, a collection of information

unless it displays a currently valid

control number.

General Comments regarding the

estimated burden hours should be

directed to the following persons: (i)

Desk Officer for the Securities and

Exchange Commission, Office of

Information and Regulatory Affairs,

Office of Management and Budget,

Room 3208, New Executive Office

Building, Washington, DC 20503; and

(ii) Michael E. Bartell, Associate

Executive Director, Office of

Information Technology, Securities and

Exchange Commission, 450 5th Street,

NW Washington, DC 20549. Comments

must be submitted to OMB within 30

days of this notice.

Dated: July 22, 1998.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–20247 Filed 7–28–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Rel. No. IC–23329; 813–168]

The Goldman Sachs Group, L.P.;

Notice of Application

July 22, 1998.

AGENCY: Securities and Exchange

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

ACTION: Notice of application for an

order under sections 6(b) and 6(e) of the

Investment Company Act of 1940 (the

‘‘Act’’) exempting certain employees’

securities companies from all provisions

of the Act, except sections 9 and 36

through 53 and applicable rules and

regulations; and certain other

employees’ securities companies from

all provisions of the Act, except section

9, sections 17 and 30, sections 36

through 53, and applicable rules and

regulations.

APPLICANT: The Goldman Sachs Group,

L.P. (‘‘GS Group’’).

FILING DATES: The application was filed

on July 21, 1997. Applicant has agreed

to file an amendment, the substance of

which is incorporated in this notice,

during the notice period.

HEARING OR NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the SEC orders a hearing.

Interested persons may request a

hearing by writing to the SEC’s

Secretary and serving applicant with a

copy of the request, personally or by

mail. Hearing requests should be

received by the SEC by 5:30 p.m. on

August 13, 1998, and should be

accompanied by proof of service on

applicant, in the form of an affidavit or,

for lawyers, a certificate of service.

Hearing requests should state the nature

of the writer’s interest, the reason for the

request, and the issues contested.

Persons who wish to be notified of a

hearing may request notification by

writing to the SEC’s Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, NW, Washington, DC 20549.

Applicant, 85 Broad Street, New York,

New York 1004.

FOR FURTHER INFORMATION CONTACT:

Brian T. Hourihan, Senior Counsel, at

(202) 942–0526, or Mary Kay Frech,

Branch Chief, at (202) 942–0564

(Division of Investment Management,

Office of Investment Company

Regulation).

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application

may be obtained for a fee from the SEC’s

Public Reference Branch, 450 Fifth

Street, NW, Washington, DC 20549 (tel.

(202) 942–8090).

Applicant’s Representations

1. GS Group, a Delaware limited

partnership, together with its corporate

and partnership subsidiaries, is a

leading international investment

banking organization. The GS Group,

and entities that are controlling,

controlled by, or under common control

with, the GS Group (collectively,

‘‘Goldman Sachs’’ and individually a

‘‘Goldman Sachs Entity’’) propose to

establish certain investment vehicles

(‘‘Funds’’) as a means of rewarding and

retaining Goldman Sachs’ limited

partners, officers, employees, and

consultants. The principal purposes of

the Funds are to enhance the investment

opportunities available to these persons,

strengthen the relationship between

employment and wealth creation, attract

talented professionals to Goldman

Sachs, and provide additional

investment opportunities to retired

partners.

2. The Funds will be organized as

partnerships, limited liability

companies or other entities. Each Fund

will enable its investors (i) to co-invest

with Goldman Sachs in investment

opportunities and (ii) to invest in

opportunities identified by Goldman

Sachs or in collective investment

programs with investment strategies

developed, monitored or overseen by

Goldman Sachs. Interests in the Funds

(‘‘Interests’’) will be sold without a sales

load. The Funds will be divided into

three categories—Bridge Street Funds,

Battery Place Funds, and Stone Street

Funds.

3. The Bridge Street Funds include

the Bridge Street Diversified Funds,

Bridge Street Real Estate Funds and

Bridge Street Separate Investment

Funds. These Funds will be offered and

sold to (i) individual limited partners 1

who are active in Goldman Sachs

business and share in the profits and

losses of the business (‘‘Participating

Limited Partners’’), (ii) individual

limited partners who are no longer

active in Goldman Sachs’ business and

who earn a fixed return on their capital

invested in the GS Group, members of

their families, trusts, and family

investment vehicles (‘‘Other Individual

Limited Partners’’ and, together with

Participating Limited Partners, ‘‘GS

Limited Partners’’), and (iii) Qualified

Participants (as defined below) of the

GS Limited Partners (collectively, the

‘‘Bridge Street Investors’’).

4. The Battery Place Funds include

the Battery Place Diversified Funds,