65576 Federal Register / Vol. 72, No. 224 / Wednesday, November 21, 2007 / Notices 

1Section 7(b)(3)(C) of the FDI Act provides that, 

in setting the DRR for any year, the Board must: ‘‘(i) 

Take into account the risk of losses to the Deposit 

Insurance Fund in such year and future years, 

including historic experience and potential and 

estimated losses from insured depository 

institutions; (ii) take into account economic 

conditions generally affecting insured depository 

institutions so as to allow the designated reserve 

ratio to increase during more favorable economic 

conditions and to decrease during less favorable 

economic conditions, notwithstanding the 

increased risks of loss that may exist during such 

less favorable conditions, as determined to be 

appropriate by the Board of Directors; (iii) seek to 

prevent sharp swings in the assessment rates for 

insured depository institutions; and (iv) take into 

account such other factors as the Board of Directors 

may determine to be appropriate, consistent with 

the requirements of this subparagraph.’’ 12 U.S.C. 

1817(b)(3)(C). 

2The DRR is indicated in section 327.4(g) of the 

FDIC’s regulations. 12 CFR 327.4(g). There is no 

need to amend this provision because, as noted, the 

DRR for 2008 is the same as the current DRR. 

3The applicable provision of the FDI Act requires 

notice-and-comment rulemaking only when the 

Board changes the DRR. 12 U.S.C. 1817(b)(3)(A)(ii). 

Dated: November 7, 2007. 

Peter Caulkins, 

Acting Director, Special Review and 

Reregistration Division, Office of Pesticide 

Programs. 

[FR Doc. E7–22382 Filed 11–20–07; 8:45 am] 

BILLING CODE 6560–50–S 

ENVIRONMENTAL PROTECTION 

AGENCY 

[FRL–8498–5] 

Proposed Administrative Cost 

Recovery Settlement Pursuant to the 

Comprehensive Environmental 

Response, Compensation, and Liability 

Act; Universal Laboratories Superfund 

Site, Detroit, MI, Wayne County and Mr. 

Joseph Z. Oram, 29501 Greenfield, 

Suite 219, Southfield, MI 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Notice; request for public 

comment. 

SUMMARY: In accordance with Section 

122(i) of the Comprehensive 

Environmental Response, 

Compensation, and Liability Act, as 

amended (‘‘CERCLA’’) 42 U.S.C. 9622(i), 

notice is hereby given of a proposed 

administrative settlement for recovery of 

past response costs concerning the 

Universal Laboratories Superfund Site 

in Detroit, Michigan with the following 

Settling Party: Mr. Joseph Z. Oram, 

29501 Greenfield, Suite 219, Southfield, 

Michigan. The settlement requires that 

the Settling Party shall pay $28,000.00 

to the Hazardous Substance Superfund 

within 30 days of the effective date of 

the CERCLA Section 122(h) 

Administrative Order. Settling Party 

shall also pay interest at the Superfund 

interest rate (5.02% through September 

30, 2007, and 4.34% as of October 1, 

2007) for the time period between 

March 29, 2007 and the date of 

payment. The settlement includes a 

covenant not to sue the Settling Party 

pursuant to Section 107(a) of CERCLA, 

42 U.S.C. 9607(a), to recover past 

response costs. This covenant not to sue 

is conditioned upon the satisfactory 

performance by Settling Party of its 

obligations under the Agreement. U.S. 

EPA is proposing this Agreement 

because it provides reimbursement to 

U.S. EPA for part of its past costs at the 

Universal Laboratories Superfund Site. 

For thirty (30) days following the date 

of publication of this notice, the Agency 

will receive written comments relating 

to the settlement. The Agency will 

consider all comments received and 

may modify or withdraw its consent to 

the settlement if comments received 

disclose facts or considerations which 

indicate that the settlement is 

inappropriate, improper, or inadequate. 

The Agency’s response to any comments 

received will be available for public 

inspection at the Superfund Division 

Record Center, U.S. Environmental 

Protection Agency, 77 West Jackson 

Blvd., Chicago, Illinois 60604–3590. 

DATES: Comments must be submitted on 

or before December 21, 2007. 

ADDRESSES: The proposed settlement is 

available for public inspection at the 

Office of Regional Counsel, U.S. EPA, 

Region 5, 77 W. Jackson Blvd., 14th Fl., 

Chicago, Illinois 60604. A copy of the 

proposed settlement may be obtained 

from Thomas Turner, Office of Regional 

Counsel, Mail Code C–14J, U.S. EPA, 

Region 5, 77 West Jackson Blvd., 

Chicago, Illinois 60604. Comments 

should reference the Universal 

Laboratories Superfund Site, Detroit, 

Michigan and should be addressed to 

Debbie Keating, Superfund Division, 

Mail Code SE–5J, U.S. EPA, Region 5, 77 

West Jackson Blvd., Chicago, Illinois 

60604. 

FOR FURTHER INFORMATION CONTACT: 

Thomas Turner, Office of Regional 

Counsel, Mail Code C–14J, U.S. 

Environmental Protection Agency, 

Region 5, 77 West Jackson Blvd., 

Chicago, Illinois 60604 or call (312) 

886–6613. 

SUPPLEMENTARY INFORMATION: As to the 

Settling Party: Richard M. Taubman, 

Esq., Taubman, Nadis & Neuman, P.C., 

32255 Northwestern Highway, Suite 

200, Farmington Hills, MI 48334–1574. 

Dated: October 29, 2007. 

Matthew Mankowski, 

Acting Director, Superfund Division. 

[FR Doc. E7–22757 Filed 11–20–07; 8:45 am] 

BILLING CODE 6560–50–P 

EXPORT-IMPORT BANK OF THE 

UNITED STATES 

Sunshine Act Meeting 

AGENCY: Export-Import Bank of the 

United States. 

ACTION: Cancellation of a Government in 

the Sunshine Act Meeting. 

Original Time and Place: Tuesday, 

November 20, 2007 at 9:30 a.m. 

Place: Room 1132, 811 Vermont 

Avenue, NW., Washington, DC 20571. 

The Export-Import Bank of the United 

States has cancelled the Government in 

the Sunshine Act meeting which was 

scheduled for November 20, 2007. The 

Bank will reschedule this meeting at a 

future date. Earlier announcement of 

this cancellation was not possible. 

FOR FURTHER INFORMATION CONTACT: 

Office of the Secretary, 811 Vermont 

Avenue, NW., Washington, DC 20571 

(Tel. No. 202–565–3957). 

Howard A. Schweitzer, 

General Counsel. 

[FR Doc. 07–5806 Filed 11–19–07; 2:49 pm] 

BILLING CODE 6690–01–M 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Deposit Insurance Assessments—2008 

Designated Reserve Ratio 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice. 

At a meeting on November 5, 2007, 

pursuant to provisions in the Federal 

Deposit Insurance Act, the Board of 

Directors of the FDIC (Board) set the 

2008 designated reserve ratio (DRR) for 

the Deposit Insurance Fund (DIF) at 

1.25% of estimated insured deposits.1

The 2008 DRR of 1.25% is unchanged 

from the 2007 DRR.2 The Board is 

publishing this notice as required by 

section 7(b)(3)(A)(i) of the Federal 

Deposit Insurance Act (12 U.S.C. 

1817(b)(3)(A)(i)).3

The following is the link to the staff 

memorandum on which the Board acted 

when setting the DIF 2008 DRR: 

http://www.fdic.gov/news/board/ 

07memo4nov5.pdf 

FOR FURTHER INFORMATION CONTACT: 

Munsell W. St. Clair, Senior Policy 

Analyst, Division of Insurance and 

Research, (202) 898–8967; or Joseph A. 

DiNuzzo, Counsel, Legal Division, (202) 

898–7349. 


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