10628 Federal Register / Vol. 60, No. 38 / Monday, February 27, 1995 / Notices

Administrator any and all acts which

the Administrator is authorized to

perform, including but not limited to

authority to issue, modify, or revoke

delegations of authority and regulations,

except exercising authority under

section 9(d) and 11 of the Small

Business Act, as amended.

(b) An individual acting on any of the

positions in paragraph (a) remains in the

line of succession only if he or she has

been designated acting by the

Administrator or Acting Administrator

due to a vacancy in the position.

(c) This delegation is not in

derogation of any authority residing in

the above-listed officials relating to the

operations of their respective programs,

nor does it affect the validity of any

delegations currently in force and effect

and not revoked or revised herein.

EFFECTIVE DATE: February 10, 1995.

Dated: February 10, 1995.

Philip Lader,

Administrator.

[FR Doc. 95–4657 Filed 2–24–95; 8:45 am]

BILLING CODE 8025–01–M

[Application No. 99000123]

Prospect Street NYC Discovery Fund,

L.P.; Filing of an Application for a

License To Operate as a Small

Business Investment Company

Notice is hereby given of the filing of

an application with the Small Business

Administration (SBA) pursuant to

§ 107.102 of the regulations governing

small business investment companies

(13 CFR 107.102 (1994)) by Prospect

Street NYC Discovery Fund, L.P. at 250

Park Avenue, 17th Floor, New York,

New York 10177, for a license to operate

as a small business investment company

(SBIC) under the Small Business

Investment Act of 1958, as amended, (15

U.S.C. et seq.), and the rules and

regulations promulgated thereunder.

The applicant’s principal area of

operation will be the New York City

metropolitan area and, on a selected

basis, it may consider making

investments outside such area within

the United States.

Prospect Street NYC Discovery Fund,

L.P., a Delaware limited partnership,

will be managed by Prospect Street NYC

Discovery Fund, Inc., a Delaware

Corporation and sole general partner of

the Partnership. The officers and

directors of Prospect Street NYC

Discovery Fund, Inc. are: Richard E.

Omohundro, Jr., C.F.A. (Chief Executive

Officer), John F. Barry III (Executive

Vice President), and Ronald D. Celmer

(Secretary and Treasurer). Additional

individuals assisting in the management

of the applicant will include John A.

Frabotta, Preston I. Carnes, Jr., Kevin F.

Littlejohn and Dana Erikson.

The following limited partners will

own 10 percent or more of the proposed

SBIC:

Name

Percentage

of ownership

NYC Economic Development

Corporation, 110 William

Street, New York, New York

10038 .................................... 33.00

Brooklyn Union Gas, One

MetroTech Center, Brooklyn,

NY 11201–3850 .................... 33.00

Consolidated Edison, 4 Irving

Place, New York, New York

10003 .................................... 33.00

The New York City Economic

Development Corporation (EDC) is a

quasi-independent agency responsible

for improving New York City’s business

climate and providing help to local

communities. EDC is a substantial

limited partner to the applicant and will

provide a unique source of investment

opportunities by directing inquiries

from entrepreneurs to the applicant.

The applicant will begin operations

with Regulatory Capital of $15.0 million

and will be a source of start up, early

and middle stage equity investments in

small growth companies located in the

New York metropolitan area which are

developing, producing or

commercializing advance technologies.

Matters involved in SBA’s

consideration of the application include

the general business reputation and

character of the proposed owners and

management, and the probability of

successful operations of the new

company under their management,

including profitability and financial

soundness in accordance with the Act

and Regulations.

Notice is hereby given that any person

may, not later than 15 days from the

date of publication of this notice, submit

written comments on the proposed SBIC

to the Associate Administrator for

Investment, Small Business

Administration, 409 3rd Street, SW,

Washington, DC 20416.

A copy of this notice will be

published in a newspaper of general

circulation in New York City, New

York.

(Catalog of Federal Domestic Assistance

Programs No. 59.011, Small Business

Investment Companies)

Dated: February 21, 1995.

Robert D. Stillman,

Assistant Administrator for Investment.

[FR Doc. 95–4656 Filed 2–24–95; 8:45 am]

BILLING CODE 8025–01–M

DEPARTMENT OF THE TREASURY

Customs Service

[T.D. 95–16]

Extension of Inspectorate America

Corporation’s Customs Gauger

Approval to the Sites Located in

Virginia Beach, Virginia and Searsport,

Maine

AGENCY: Customs Service, Treasury.

ACTION: Notice of the extension of

Inspectorate America Corporation’s

Customs gauger approval to include its

Virginia Beach, VA and Searsport, ME

gauging facilities.

SUMMARY: Inspectorate America

Corporation of Houston, Texas, a

Customs approved gauger and

accredited laboratory under § 151.13 of

the Customs Regulations (19 CFR

151.13), has been given an extension of

its Customs gauger approval to include

the Virginia Beach, VA and Searsport,

ME sites. Specifically, the extension

includes both sites’ Customs approval to

gauge petroleum and petroleum

products, organic compounds in bulk

and liquid form and animal and

vegetable oils.

SUPPLEMENTARY INFORMATION:

Background

Part 151 of the Customs Regulations

provides for the acceptance at Customs

Districts of laboratory analyses and

gauging reports for certain products

from Customs accredited commercial

laboratories and approved gaugers.

Inspectorate America Corporation, a

Customs commercial approved gauger

and accredited laboratory, has applied

to Customs to extend its Customs gauger

approval to its Virginia Beach, VA and

Searsport, ME facilities. Review of the

qualifications of both sites shows that

the extension is warranted and,

accordingly, has been granted.

EFFECTIVE DATES: January 19, 1995.

FOR FURTHER INFORMATION CONTACT: Ira

S. Reese, Chief, Technical Branch,

Office of Laboratories and Scientific

Services, U.S. Customs Service, 1301

Constitution Ave., NW, Washington,

D.C. 20229 at (202) 927–1060.

Dated: January 21, 1995.

A.W. Tennant,

Director, Office of Laboratories and Scientific

Service.

[FR Doc. 95–4639 Filed 2–24–95; 8:45 am]

BILLING CODE 4820–02–P