67000 Federal Register / Vol. 60, No. 248 / Wednesday, December 27, 1995 / Notices

54 of the rules [39 CFR § 54(d), (f)(2),

(f)(3), (h), (j), (l)(1), and (l)(2)], which

would otherwise be required under

section 64(h)(2)(i) [39 CFR § 64(h)(2)(i)].

The Postal Service states that the

requested waiver is justified by the

extremely limited scope of the proposed

experiment and its anticipation that the

consequent effects on costs, revenues,

and volumes will be very minor.

Motion to Expedite the Proceeding

Section 67d of the rules of practice

(39 CFR 3001.67d) states that the

Commission will treat cases falling

under the experimental rules as subject

to the maximum expedition consistent

with procedural fairness, and prescribes

adoption of a schedule that will allow

issuance of a decision not more than

150 days from a determination that

experimental treatment of the request is

appropriate. Notwithstanding this

provision, the Postal Service has

submitted a motion requesting that the

Commission establish procedures

allowing for issuance of a recommended

decision on its request within 120 days

of the date of its filing. In support of its

motion, the Postal Service states that it

has provided sufficient information to

allow such expedited consideration, and

claims that it needs additional

flexibility to operate in an increasingly

competitive environment. In connection

with its motion, the Postal Service

proposes adoption of special rules of

procedure, which it provided in draft

form. The Service also provides a

proposed procedural schedule, which

would culminate in issuance of the

Commission’s Recommended Decision

on April 12, 1996.

Anyone wishing to be heard in this

matter is directed to file a written notice

of intervention with Margaret P.

Crenshaw, Secretary of the Commission,

1333 H Street, NW, Washington, DC

20268–0001, on or before January 16,

1996. Intervenors should indicate

whether they want full or limited

participation status. See rules 39 CFR

3001.20 and 3001.20a.

Those interested in participating in

this docket are given notice that the

Commission will evaluate whether it is

appropriate to use rules 67–67d for

considering a Postal Service request. In

determining whether the procedures for

experimental cases are appropriate, the

Commission will consider: (1) The

novelty of the proposed change; (2) the

magnitude of the proposed change; (3)

the ease or difficulty of collecting data

on the proposed change; and (4) the

duration of the proposed change.

Participants are invited to comment on

whether the Postal Service request

should be evaluated under rules 67–

67d. Such comments are to be filed on

or before January 16, 1996. Prior to a

Commission decision on this question,

participants should act on the

assumption that the Postal Service

request that the case be considered

pursuant to these rules will be

approved.

Rule 67a provides a procedure for

limiting issues in experimental cases. In

order to enable participants to evaluate

whether genuine issues of fact exist, the

Postal Service shall respond to

discovery requests within 10 days.

Written discovery pursuant to rules 25–

28 may be undertaken immediately

upon intervention.

A decision on whether there is a need

for evidentiary hearings, and the scope

of any such hearings has not been made

yet. Participants wishing to comment on

this question should file a statement of

issues raised by the Postal Service

request by January 16, 1996. At the same

time, participants should designate

those issues involving questions of

material fact which they believe require

trial type hearings. The Postal Service

and any interested participant may file

responses to these statements on or

before January 26, 1996.

If it is determined to schedule trial

type hearings to consider topics

involving issues of material fact,

hearings to evaluate the supporting

evidence presented by the Postal

Service may be scheduled to begin as

soon as February 6, 1996. The Presiding

Officer will establish subsequent

procedural dates.

Representation of the General Public

In conformance with § 3624(a) of title

39, the Commission designates W. Gail

Willette, Director of the Commission’s

Office of the Consumer Advocate (OCA),

to represent the interests of the general

public in this proceeding. Pursuant to

this designation, Ms. Willette will direct

the activities of Commission personnel

assigned to assist her and, when

requested, will supply their names for

the record. Neither Ms. Willette nor any

of the assigned personnel will

participate in or provide advice on any

Commission decision in this

proceeding. The OCA shall be

separately served with three copies of

all filings, in addition to and

contemporaneous with, service on the

Commission of the 24 copies required

by section 10(c) of the rules of practice

[39 CFR 3001.10(c)].

It is ordered:

1. The Commission will sit en banc in

this proceeding.

2. Notice of intervention will be filed

no later than January 16, 1996.

3. Participants wishing to comment

on whether it is appropriate to consider

this request under Commission rules

67–67d shall submit such comments no

later than January 16, 1996.

4. Participants are directed to file

statements of issues and designations of

issues requiring trial type hearings no

later than January 16, 1996; responses

may be submitted no later than January

26, 1996.

5. Answers to the Postal Service

motions: to Expedite the Proceeding,

and for Waiver of Certain Filing

Requirements are to be submitted no

later than January 16, 1996.

6. W. Gail Willette, Director of the

Commission’s Office of the Consumer

Advocate, is designated to represent the

general public.

7. The Secretary shall cause this

Notice and Order to be published in the

Federal Register.

Margaret P. Crenshaw,

Secretary.

[FR Doc. 95–31296 Filed 12–26–95; 8:45 am]

BILLING CODE 7710–FW–P

RESOLUTION TRUST CORPORATION

Coastal Barrier Improvement Act;

Property Availability; Hanover Run/

Myrtle Point, St. Mary’s County, MD

AGENCY: Resolution Trust Corporation.

ACTION: Notice.

SUMMARY: Notice is hereby given that

the property known as Hanover Run/

Myrtle Point, located in California, St.

Mary’s County, Maryland, is affected by

Section 10 of the Coastal Barrier

Improvement Act of 1990 as specified

below.

DATES: Written notice of serious interest

to purchase or effect other transfer of all

or any portion of this property may be

mailed or faxed to the RTC until March

26, 1996.

ADDRESSES: Copies of detailed

descriptions of this property, including

maps, can be obtained from or are

available for inspection by contacting

the following person: Mr. James C.

Kimball, RTC/FDIC Atlanta Field Office,

245 Peachtree Center Avenue, NE,

Marquis One Tower, 10th Floor,

Atlanta, GA 30303, (404) 225–5707; Fax

(404) 230–8159.

SUPPLEMENTARY INFORMATION: The

Hanover Run/Myrtle Point property is

located on Patuxent Boulevard north of

Maryland Route 4 and south of Mill

Creek and the Patuxent River, St. Mary’s

County, Maryland. The site consists of

approximately 502.11 acres of

undeveloped land that is almost
Federal Register / Vol. 60, No. 248 / Wednesday, December 27, 1995 / Notices 67001

1 15 U.S.C. 78s(b)(1).

2The amendment clarified the applicable ranges.

See Letter dated December 15, 1995, from Michael

Cavalier, Assistant General Counsel, Amex, to

Anthony Pecora, Attorney, SEC.

3 15 U.S.C. 78f(b).

4 15 U.S.C. 78f(b)(4).

completely forested. This property

contains wetlands, salt ponds,

archaeological resources of early native

American culture, and two 17th century

plantations near the colonial port of

Harveytown. The northern and eastern

portions of the site which border the

Patuxent River, Sam Abel Cove, Mill

Creek, and Little Kingston Creek are

situated within undeveloped

floodplains. The Hanover Run/Myrtle

Point property is adjacent to Clark’s

Landing which is managed by the

Department of Recreation and Parks of

St. Mary’s County for recreational

purposes. This property is covered

property within the meaning of Section

10 of the Coastal Barrier Improvement

Act of 1990, Public Law 101–591 (12

U.S.C. 1441a–3).

Written notice of serious interest in

the purchase or other transfer of all or

any portion of this property must be

received on or before March 26, 1996,

by the Resolution Trust Corporation at

the appropriate address stated above.

Those entities eligible to submit

written notices of serious interest are:

1. Agencies or entities of the Federal

government;

2. Agencies or entities of State or local

government; and,

3. ‘‘Qualified organizations’’ pursuant

to section 170(h)(3) of the Internal

Revenue Code of 1986 (26 U.S.C.

170(h)(3)).

Written notices of serious interest

must be submitted in the following

form:

NOTICE OF SERIOUS INTEREST

RE: [insert name of property]

Federal Register Publication Date: llll

[insert Federal Register publication date]

1. Entity name.

2. Declaration of eligibility to submit

Notice under criteria set forth in the

Coastal Barrier Improvement Act of

1990, P.L. 101–591, section 10(b)(2), (12

U.S.C. 1441a–3(b)(2)), including, for

qualified organizations, a determination

letter from the United States Internal

Revenue Service regarding the

organization’s status under section

170(h)(3) of the U.S. Internal Revenue

Code (26 U.S.C. 170(h)(3)).

3. Brief description of proposed terms

of purchase or other offer for all or any

portion of the property (e.g., price,

method of financing, expected closing

date, etc.).

4. Declaration of entity that it intends

to use the property for wildlife refuge,

sanctuary, open space, recreational

historical, cultural, or natural resource

conservation purposes (12 U.S.C.

1441a–3(b)(4)), as provided in a clear

written description of the purpose(s) to

which the property will be put and the

location and acreage of the area covered

by each purpose(s) including a

declaration of entity that it will accept

the placement, by the RTC, of an

easement or deed restriction on the

property consistent with its intended

conservation use(s) as stated in its

notice of serious interest.

5. Authorized Representative (Name/

Address/Telephone/Fax).

List of Subjects

Environmental protection.

Dated:

Resolution Trust Corporation.

William J. Tricarico,

Assistant Secretary.

[FR Doc. 95–31266 Filed 12–26–95; 8:45 am]

BILLING CODE 6714–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–36602; File No. SR–Amex–

95–52]

Self-Regulatory Organizations; Notice

of Filing and Immediate Effectiveness

of Proposed Rule Change by the

American Stock Exchange, Inc.

Relating to Revisions to Equity

Transaction Charges

December 19, 1995.

Pursuant to Section 19(b)(1) of the

Securities Exchange Act of 1934

(‘‘Act’’),1 notice is hereby given that on

December 15, 1995 the American Stock

Exchange, Inc. (‘‘Amex’’ or ‘‘Exchange’’)

filed with the Securities and Exchange

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

the proposed rule change as described

in Items I, II, and III below, which Items

have been prepared by the selfregulatory organization. On December

15, 1995, the Exchange submitted to the

Commission Amendment No. 1 to the

proposed rule change.2 The Commission

is publishing this notice to solicit

comments on the proposed rule change

from interested persons.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

The Exchange proposes to amend its

current schedule of charges for equity

trades effective January 1, 1996. The

revised fee schedule will eliminate all

transaction charges for round-lot Post

Executive Reporting (‘‘PER’’) system

trades of 500 shares or less and

eliminate credits to member firms in

connection with PER trades. The text of

the proposed rule change is available at

the Office of the Secretary, the Amex,

and at the Commission.

II. Self-Regulatory Organization’s

Statement of Purpose of, and Statutory

Basis for, the Proposed Rule Change

In its filing with the Commission, the

self-regulatory organization included

statements concerning the purpose of

and basis for the proposed rule change

and discussed any comments it received

on the proposed rule change. The text

of these statements may be examined at

the places specified in Item IV below.

The self-regulatory organization has

prepared summaries, set forth in

Sections A, B, and C below, of the most

significant aspects of such statements.

A. Self-Regulatory Organization’s

Statement of the Purpose of, and

Statutory Basis for, the Proposed Rule

Change

1. Purpose

The Exchange proposes to amend its

schedule of equity transaction charges

as follows, effective January 1, 1996: (1)

The Exchange will impose no

transaction charges for round-lot PER

system trades of 500 shares or less, and

(2) the Exchange will eliminate all

credits to member firms in connection

with PER transactions. Current sharebased charges and value-based charges

will otherwise remain the same. The

Exchange believes these changes will

maintain the competitiveness of its

schedule of transaction charges and

better serve needs of member firms and

their customers.

2. Statutory Basis

The proposed rule change is

consistent with Section 6(b) of the Act 3

in general and furthers the objectives of

Section 6(b)(4) 4 in particular in that it

provides for the equitable allocation of

reasonable dues, fees, and other charges

among the Exchange’s members and

other persons using its facilities.

B. Self-Regulatory Organization’s

Statement on Burden on Competition

The proposed rule change does not

impose any burden on competition that

is not necessary or appropriate in

furtherance of the purposes of the Act.