12004 Federal Register / Vol. 60, No. 42 / Friday, March 3, 1995 / Notices

Transmission Corporation, Columbia Gas

Development Corporation, Columbia Natural

Resources, Inc., Columbia Coal Gasification

Corporation, Columbia Energy Services

Corporation, Columbia Gas System Service

Corporation, Columbia Propane Corporation,

Commonwealth Propane, Inc., TriStar Ventures

Corporation and Columbia LNG Corporation.

5Columbia and TCO assert the TCO’s loan is

exempted from Commission approval pursuant to

rule 49(c).

employees, former employees and

beneficiaries constitute the participants.

The Thrift Plan is administered by the

Thrift Plan Committee, which is

appointed by Columbia’s board of

directors and which is currently

comprised of members of senior

management of major Columbia

companies, including the distribution

companies and the transmission

companies.

One of the investment options under

the Thrift Plan is the Money Market/

Investment Contract Fund (‘‘Fund’’)

offered by Fidelity Investments of

Boston, Massachusetts (‘‘Fidelity’’). The

Fund includes a guaranteed investment

contract (‘‘GIC’’) issued by

Confederation Life Insurance Company

of Canada (‘‘Confederation Life’’). The

Confederation Life GIC was acquired by

the Thrift Plan of January 2, 1990 in the

amount of $6.5 million.

On August 12, 1994, Canadian

governmental authorities seized

Confederation Life. In order to protect

Confederation Life’s U.S. assets, the

Insurance Commissioner for the State of

Michigan moved to seize all such assets.

At the time Confederation Life was

seized, a segregated subaccount was

established by the Thrift Plan

Committee and the Thrift Plan’s trustee

and was frozen within the Fund.

The Thrift Plan Committee, which is

the named fiduciary as well as Plan

Administrator of the Thrift Plan, has

considered various options and has

recommended to the boards of directors

for Columbia and TCO that loans be

made to the Thrift Plan in order to allow

Thrift Plan participants access to their

frozen funds as soon as practicable.

Subject to the receipt of necessary

regulatory and Bankruptcy Court

approvals, the boards of directors of

Columbia and TCO have considered the

Thrift Plan Committee’s

recommendation and approved loans to

the Thrift Plan.

Columbia proposes to make two loans

to the Thrift Plan, one to be made by

Columbia, subject to the approval of the

Bankruptcy Court and the Commission,

and one to be made by TCO, subject to

the approval of the Bankruptcy Court.5

The total amount of the loans would be

$6.8 million, which represents the

accumulated value of the frozen

investment in the Confederation Life

GIC, including accrued interest, as of

the close of business on August 11, 1994

(the date preceding the seizure of

Confederation Life’s assets). TCO’s loan

would be approximately $2.5 million,

and Columbia’s loan would be no more

than $4.3 million. The loans would be

made unsecured and without interest,

would be evidenced by notes and would

be non-recourse to participants or assets

held in the Thrift Plan. Repayment of

the loans would be made only from the

proceeds received from Confederation

Life (from liquidation and rehabilitation

proceedings or otherwise), state

guaranty funds, and other sources,

including litigation, in connection with

the Confederation Life GIC. Should the

ultimate recovery of these funds from

Confederation Life and other sources be

less than 100 percent, full repayment

would be waived, and this cost would

be borne by Columbia and TCO.

Upon issuance of the loans, the

participants’ segregated subaccounts

would be immediately closed, and their

previously frozen funds would be

transferred to Fidelity’s Money Market

Fund. Periodically as amounts are

received from Confederation Life, state

guaranty funds and other sources with

regard to the Confederation Life

account, the proceeds would be paid to

Columbia or TCO, as the case may be,

and the amounts of the loans would be

reduced accordingly.

For the Commission, by the Division of

Investment Management, pursuant to

delegated authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 95–5200 Filed 3–2–95; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF STATE

Office of the Secretary

[Public Notice 2174]

Extension of the Restriction on the Use

of United States Passports for Travel

to, in, or Through Lebanon

On January 26, 1987, pursuant to the

authority of 22 U.S.C. 211a and

Executive order 12295 (31 FR 10603),

and in accordance with 22 CFR

51.73(a)(3), all United States passports,

with the exception of passports of

immediate family members of hostages

in Lebanon, were declared invalid for

travel to, in, or through Lebanon unless

specifically validated for such travel.

This action was taken because the

situation in Lebanon was so chaotic that

American citizens there could not be

considered safe from terrorist acts.

Although there continues to be

improvement in the security situation,

review of the situation there has led me

to conclude that Lebanon continues to

be an area ‘‘* * * where there is

imminent danger to the public health or

the physical safety of United States

travelers’’ within the meaning of 22

U.S.C. 211a and 22 CFR 51.73(a)(3).

Accordingly, all United States

passports shall remain invalid for travel

to, in, or through Lebanon unless

specifically validated for such travel

under the authority of the Secretary of

State.

This Public Notice shall be effective

upon publication in the Federal

Register and shall expire at the end of

six months unless extended or sooner

revoked by Public Notice.

Dated: February 28, 1995.

Warren Christopher,

Secretary of State.

[FR Doc. 95–5306 Filed 3–2–95; 8:45 am]

BILLING CODE 4710–10–M

DEPARTMENT OF TRANSPORTATION

Office of the Secretary

Fitness Determination of Balter

Worldwide Corp. d/b/a Sunshine

Airlines d/b/a Sunshine Air

AGENCY: Department of Transportation.

ACTION: Notice of Commuter Air Carrier

Fitness Determination—Order 95–2–56,

Order to Show Cause.

SUMMARY: The Department of

Transportation is proposing to find that

Balter Worldwide Corp. d/b/a Sunshine

Airlines d/b/a Sunshine Air is fit,

willing, and able to provide commuter

air service under 49 U.S.C. 41738.

RESPONSES: All interested persons

wishing to respond to the Department of

Transportation’s tentative fitness

determinations should file their

responses with Janet A. Davis, Air

Carrier Fitness Division, X–56, Room

6401, Department of Transportation, 400

Seventh Street, S.W., Washington, D.C.

20590, and serve them on all persons

listed in Attachment A to the order.

Responses shall be filed no later than

March 14, 1995.

FOR FURTHER INFORMATION CONTACT:

Janet A. Davis, Air Carrier Fitness

Division, Department of Transportation,

400 Seventh Street, SW., Washington,

D.C. 20590, (202) 366–9721.
Federal Register / Vol. 60, No. 42 / Friday, March 3, 1995 / Notices 12005

Dated: February 27, 1995.

Patrick V. Murphy,

Acting Assistant Secretary for Aviation and

International Affairs.

[FR Doc. 95–5237 Filed 3–2–95; 8:45 am]

BILLING CODE 4910–62–P

Research of Special Programs

Administration

Grants and Denials of Applications for

Exemptions

AGENCY: Research and Special Programs

Administration, DOT.

ACTION: Notice of grants and denials of

applications for exemptions.

SUMMARY: In accordance with the

procedures governing the application

for, and the processing of, exemptions

from the Department of Transportation’s

Hazardous Materials Regulations (49

CFR part 107, subpart B), notice is

hereby given of the exemptions granted

in June 1994 thruough December 1994.

The modes of transportation involved

are identified by a number in the

‘‘Nature of Application’’ portion of the

table below as follows: 1—Motor

vehicle, 2—Rail freight, 3—Cargo vessel,

4—Cargo aircraft only, 5—Passengercarrying aircraft. Application numbers

prefixed by the letters EE represent

applications for Emergency Exemptions.

MODIFICATION AND PARTY TO EXEMPTIONS

Application

No. Exemption No. Applicant Regulation(s) affected Nature of exemption thereof

2582–P ......... DOT–E 2582 .. BOC Gases, Murray Hill,

NJ.

49 CFR 175.3, Part 173,

Subparts D, E, F, G.

To become a party to exemption 2582. (Modes 1, 2,

3, 4.)

3004–P ......... DOT–E 3004 .. BOC Gases, Murray Hill,

NJ.

49 CFR 173.302, 175.3 ... To become a party to exemption 3004. (Modes 1, 2.)

3302–P ......... DOT–E 3302 .. BOC Gases, Murray Hill,

NJ.

49 CFR 173.302, 175.3 ... To become a party to exemption 3302. (Modes 1, 2,

3, 4.)

3415–X ......... DOT–E 3115 .. U.S. Department of Defense, Falls Church, VA.49 CFR 173.79, 173.92 ... Authorizes the transport of rocket motors, containing

certain Class A or Class B explosives, without

overpacking. (Mode 1.)

4039–P ......... DOT–E 4039 .. BOC Gases, Murray Hill,

NJ.

49 CFR 173.316(a) .......... To become a party to exemption 4039. (Mode 1.)

4354–X ......... DOT–E 4354 .. PPG Industries, Inc., Pittsburgh, PA.49 CFR 173.119(m),

173.245, 173.288(d),

173.288(e), 173.3(a).

Authorizes the shipment of choloroformates in a

DOT specification 6D or 37M cylindrical steel

overpack with an inside DOT Specification 2S,

2SL or 2T polyethylene container. (Modes 1, 2, 3.)

4453–X ......... DOT–E 4453 .. Mining Services, International (MSI), Salt

Lake City, UT.

49 CFR 172.101,

173.114a(h)(3),

176.415, 176.83.

Authorizes the use of a non-DOT specification bulk,

hopper-type tank for transportation of blasting

agent, n.o.s. or ammonium nitrate-fuel oil mixtures. (Modes 1, 3.)

4453–P ......... DOT–E 4453 .. H.H. Burt Explosives, Inc.,

Moab, UT.

49 CFR 172.101,

173.114a(h)(3),

176.415, 176.83.

To become a party to exemption 4453. (Modes 1, 3.)

4453–P ......... DOT–E 4453 .. Florex Explosives, Inc.,

Cuddy, PA.

49 CFR 172.101,

173.114a(h)(3),

176.415, 176.83.

To become a party to exemption 4453. (Modes 1, 3.)

4850–P ......... DOT–E 4850 .. High Energy International,

Fort Worth, TX.

49 CFR 173.100(cc),

175.3.

To become a party to exemption 4850. (Modes 1, 2,

3, 4.)

4850–P ......... DOT–E 4850 .. Directional Wireline Services, Inc., Lake Charles,

LA.

49 CFR 173.100(cc),

175.3.

To become a party to exemption 4850. (Modes 1, 2,

3, 4.)

4884–X ......... DOT–E 4884 .. Praxall, Inc., Danbury, CT 49 CFR 173.119(m),

173.136, 173.247,

173.251, 173.3(a),

173.302(a)(1), 173.304,

175.3, 178.61.

Authorizes the shipment of liquefied and nonliquefied

compressed gases and a flammable liquid in

stainless steel cylinders complying with DOT

Specification 4BS with certain exceptions. (Modes

1, 2, 3, 4.)

4884–P ......... DOT–E 4884 .. Balchem Corporation,

Slate Hill, NY.

49 CFR 173.119(m),

173.136, 173.247,

173.251, 173.3(a),

173.302(a)(1), 173.304,

175.3, 178.61.

To become a party to exemption 4884. (Modes 1, 2,

3, 4.)

4884–P ......... DOT–E 4884 .. MG Industries, Morrisville,

PA.

49 CFR 173.119(m),

173.136, 173.247,

173.251, 173.3(a),

173.302(a)(1), 173.304,

175.3, 178.61.

To become a party to exemption 4884. (Modes 1, 2,

3 4.)

5038–P ......... DOT–E 5038 .. BOC Gases, Murray Hill,

NJ.

49 CFR 173.119,

173.135(a)(6),

173.136(a)(5),

173.247(a)(1), 173.346,

173.620, 173.630,

175.3.

To become a party to exemption 5038. (Modes 1, 2,

3, 4.)