32472 Federal Register / Vol. 61, No. 122 / Monday, June 24, 1996 / Notices

8Securities Exchange Act Release No. 24024

(January 23, 1987), 52 FR 3184 [File No. SR–OCC–

86–11] (order granting approval of a proposed rule

change to amend OCC’s by-laws concerning

adjustments to the terms of outstanding stock

option contract).

9 17 CFR 200. 30–3(a)(12) (1995).

securities transactions. The Commission

believes that OCC’s proposed rule

change is consistent with OCC’s

obligations under Section 17A(b)(3)(F)

because the proposal will clarify OCC’s

exercise settlement procedures with

respect to the determination of index

values and exercise settlement values in

the event such values are unavailable or

unreported by the designated reporting

authorities. Furthermore, the

Commission believes that the rule

change should clarify the respective

rights and responsibilities of OCC and

the exchanges in such circumstances.

As described earlier, the

responsibility for fixing exercise

settlement amounts is now assigned to

a panel consisting of OCC’s Chairman

and two designated representatives of

each exchange on which the affected

series is open for trading. In the past,

the Commission has approved this

concept of utilizing an exchangecontrolled panel to make determinations

with respect to adjustments to options

contracts.8 The Commission believes

that assigning the responsibility for

fixing exercise settlement amounts in

certain situations to an exchangedcontrolled panel also is appropriate in

this situation. Furthermore, because the

proposal sets forth factors which can be

considered in making any such

adjustments, the proposal should add

certainty to the settlement of index

options. Therefore, as a whole the

proposal should facilitate the prompt

and accurate clearance and settlement of

securities transactions.

III. Conclusion

On the basis of the foregoing, the

Commission finds that the proposal is

consistent with the requirements of

Section 17A(b)(3)(F) of the Act and the

rules and regulations thereunder.

It is therefore ordered, pursuant to

Section 19(b)(2) of the Act, that the

proposed rule change (File No. SR–

OCC–95–18) be, and hereby is,

approved.

For the Commission by the Division of

Market Regulation, pursuant to delegated

authority.9

Jonathan G. Katz,

Secretary.

[FR Doc. 96–16028 Filed 6–21–96; 8:45 am]

BILLING CODE 8010–01–M

DEPARTMENT OF TRANSPORTATION

Aviation Proceedings; Agreements

Filed During the Week Ending June 14,

1996

The following Agreements were filed

with the Department of Transportation

under the provisions of 49 U.S.C 412

and 414. Answers may be filed within

21 days of date of filing.

Docket Number: OST–96–1444

Date filed: June 10, 1996

Parties: Members of the International

Air Transport Association

Subject:

TC31 Reso/P 1119 dated May 21, 1996

South Pacific Resos r1–24

Minutes—TC31 Meet/P 0243 dated

May 24, 1996

Tables—TC31 Fares 0183 dated June

4, 1996

Intended effective date: October 1,

1996

Docket Number: OST–96–1445

Date filed: June 10, 1996

Parties: Members of the International

Air Transport Association

Subject:

TC2 Reso/P 1942 dated May 10, 1996

r1–4

TC2 Reso/P 1945 dated May 10, 1996

r5–6

TC2 Reso/P 1946 dated May 10, 1996

r7–11

TC2 Reso/P 1950 dated May 10, 1006

r12

TC2 Reso/P 1951 dated May 10, 1996

r13–26

TC2 Reso/P 1952 dated May 10, 1996

r27–29

Minutes—TC2 Meet/P 0367 dated

June 4, 1996

TC2 Meet/P 0368 dated June 4, 1996

(Summary attached.)

Intended effective date: Sept. 1/Nov.

1/March 27, 1997

Docket Number: OST–96–1446

Date filed: June 10, 1996

Parties: Members of the International

Air Transport Association

Subject:

TC12 Reso/P 1747 dated April 30,

1996 r1–25

TC12 Reso/P 1748 dated April 30,

1996 r26–34

TC12 Reso/P 1746 dated April 30,

1996 r35

Correction—TC12 Reso/P 1753 dated

May 24, 1996

Minutes—TC12 Meet/P 0577 dated

May 31, 1996

Tables—TC12 Fares 0503 dated May

3, 1996

TC12 Fares 0504 dated May 7, 1996

TC12 Fares 0505 dated May 14, 1996

Europe-Mid Atlantic Resolutions

Intended effective date: October 1,

1996

Docket Number: OST–96–1455

Date filed: June 14, 1996

Parties: Members of the International

Air Transport Association

Subject:

TC2 Reso/C 0380 dated May 31, 1996

r1

TC3 Reso/C 0086 dated May 31, 1996

r2

TC23 Reso/C 0221 dated May 31,

1996 r3

TC31 Reso/C 0250 dated May 31,

1996 r4

COMP Reso/C 0666 dated May 31,

1996 r-5

Expedited Cargo Resolutions (NO US/

US Territories) (Summary attached.)

Intended effective date: July 1/August

1, 1996

Docket Number: OST–96–1456

Date filed: June 14, 1996

Parties: Members of the International

Air Transport Association

Subject:

COMP Reso/C 0663 dated May 31,

1996

Expedited Reso 003aa (US, US

Territories) (Summary attached.)

Intended effective date: July 1, 1996

Paulette V. Twine,

Chief, Documentary Services Division.

[FR Doc. 96–15998 Filed 6–21–96; 8:45 am]

BILLING CODE 4910–62–P

Federal Aviation Administration

Air Traffic Procedures Advisory

Committee

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of meeting.

SUMMARY: The FAA is issuing this notice

to advise the public that a meeting of

the Federal Aviation Administration Air

Traffic Procedures Advisory Committee

(ATPAC) will be held to review present

air traffic control procedures and

practices for standardization,

clarification, and upgrading of

terminology and procedures.

DATES: The meeting will be held from

July 15 through July 18, 1996, from 9

a.m. to 5 p.m. each day.

ADDRESSES: The meeting will be held at

the Danfords Inn, 25 East Broadway,

Port Jefferson, New York.

FOR FURTHER INFORMATION CONTACT:

Mr. W. Frank Price, Executive Director,

ATPAC, Air Traffic International Staff,

ATX–20,800 Independence Avenue,

SW., Washington, DC 20591, telephone

(202) 267–9313.

SUPPLEMENTARY INFORMATION: Pursuant

to Section 10(a)(2) of the Federal

Advisory Committee Act (Pub. L. 92–463;
Federal Register / Vol. 61, No. 122 / Monday, June 24, 1996 / Notices 32473

5 U.S.C. App. 2), notice is hereby given

of a meeting of the ATPAC to be held

July 15 through July 18, 1996, at the

Danfords Inn, 25 East Broadway, Port

Jefferson, New York.

The agenda for this meeting will

cover: a continuation of the Committee’s

review of present air traffic control

procedures and practices for

standardization, clarification, and

upgrading of terminology and

procedures. It will also include:

1. Approval of Minutes.

2. Submission and Discussion of Areas

of Concern.

3. Discussion of Potential Safety Items.

4. Report from Executive Director.

5. Items of Interest.

6. Discussion and agreement of location

and dates for subsequent meetings.

Attendance is open to the interested

public but limited to the space

available. With the approval of the

Chairperson, members of the public may

present oral statements at the meeting.

Persons desiring to attend and persons

desiring to present oral statements

should notify the person listed above

not later than July 12, 1996. The next

quarterly meeting of the FAA–ATPAC is

planned to be held from October 21–24,

1996, in Washington, DC.

Any member of the public may

present a written statement to the

Committee at any time at the address

given above.

Issued in Washington, DC, on June 19,

1996.

W. Frank Price,

Executive Director, Air Traffic Procedures

Advisory Committee.

[FR Doc. 96–15979 Filed 6–21–96; 8:45 am]

BILLING CODE 4910–13–M

RTCA, Inc., Special Committee 184;

Minimum Performance and Installation

Standards for Runway Guard Lights

Pursuant to section 10(a)(2) of the

Federal Advisory Committee Act (Pub.

L. 92–463, 5 U.S.C., Appendix 2), notice

is hereby given for a Special Committee

184 meeting to be held July 10, 1996,

starting at 9:30 a.m. The meeting will be

held at RTCA, 1140 Connecticut

Avenue, NW., Suite 1020, Washington,

DC 20036.

The agenda will be as follows: (1)

Administrative Announcements; (2)

Chairman’s Introductory Remarks; (3)

Review and Approval of Meeting

Agenda; (4) Review and Approval of

Minutes of the Previous Meeting; (5)

Review Comments Received from

Proposed Final Draft; (6) Complete

Editorial and Comment Cleanup on

Proposed Final Draft; (7) Other

Business; (8) Date and Place of Next

Meeting.

Attendance is open to the interested

public but limited to space availability.

With the approval of the chairman,

members of the public may present oral

statements at the meeting. Persons

wishing to present statements or obtain

information should contact the RTCA

Secretariat, 1140 Connecticut Avenue,

NW., Suite 1020, Washington, DC

20036; (202) 833–9339 (phone) or (202)

833–9434 (fax). Members of the public

may present a written statement to the

committee at any time.

Issued in Washington, DC, on June 17,

1996.

Janice L. Peters,

Designated Official.

[FR Doc. 96–15982 Filed 6–21–96; 8:45 am]

BILLING CODE 4810–13–M

Notice of Intent To Rule on Application

to Impose and Use the Revenue From

a Passenger Facility Charge (PFC) at

Bemidji-Beltrami County Airport,

Bemidji, MN

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of intent to rule on

application.

SUMMARY: The FAA proposes to rule and

invites public comment on the

application to impose and use the

revenue from a PFC at Bemidji-Beltrami

County Airport under the provisions of

the Aviation Safety and Capacity

Expansion Act of 1990 (Title IX of the

Omnibus Budget Reconciliation Act of

1990) (Public Law 101–508) and Part

158 of the Federal Aviation Regulations

(14 CFR Part 158).

DATES: Comments must be received on

or before July 24, 1996.

ADDRESSES: Comments on this

application may be mailed or delivered

in triplicate to the FAA at the following

address: Federal Aviation

Administration, Minneapolis Airports

District Office, 6020 28th Avenue South,

Room 102, Minneapolis, Minnesota

55450–2706.

In addition, one copy of any

comments submitted to the FAA must

be mailed or delivered to Mr. Philip C.

Shealy, Airport Manager, BemidjiBeltrami County Airport Commission, at

the following address: Bemidji-Beltrami

County Airport Commission, Office of

the Airport Manager, 317 4th Street

NW., Bemidji, Minnesota 56601–3116.

Air carriers and foreign air carriers

may submit copies of written comments

previously provided to the BemidjiBeltrami County Airport Commission

under section 158.23 of Part 158.

FOR FURTHER INFORMATION CONTACT:

Mr. Gordon Nelson, Program Manager,

Airports District Office, 6020 28th

Avenue South, Room 102, Minneapolis,

Minnesota 55450–2706, telephone (612)

725–4358. The application may be

reviewed in person at this same

location.

SUPPLEMENTARY INFORMATION: The FAA

proposes to rule and invites public

comment on the application to impose

and use the revenue from a PFC at

Bemidji-Beltrami County Airport under

the provisions of the Aviation Safety

and Capacity Expansion Act of 1990

(Title IX of the Omnibus Budget

Reconciliation Act of 1990) (Public Law

101–508) and Part 158 of the Federal

Aviation Regulations (14 CFR Part 158).

On June 7, 1996, the FAA determined

that the application to impose and use

the revenue from a PFC submitted by

the Bemidji-Beltrami County Airport

Commission was substantially complete

within the requirements of section

158.25 of Part 158. The FAA will

approve or disapprove the application,

in whole or in part, no later than

September 6, 1996.

The following is a brief overview of

the application.

PFC application number: 96–01–C–00–

BJI

Level of the proposed PFC: $3.00

Proposed charge effective date;

November 1, 1996

Proposed charge expiration date: June 8,

2005

Total estimated PFC revenue: $465,072

Brief description of proposed project(s):

1. Reimbursement for project to

expand and remodel passenger terminal

building, revise the radio control system

for airfield lighting, relocate fencing,

overlay of the airport access road, and

acquire avigation easements.

2. Reimbursement for project to install

airfield signing, automatic entry doors

in the passenger terminal building, and

snow retention devices on the passenger

terminal building roof.

3. Reimbursement for project to

update the airport master plan and

airport layout plan.

4. Reimbursement for project to

rehabilitate (repair and overlay) Runway

7–25, Taxiways B, C, and a portion of

Taxiway A.

5. Passenger Facility Charge (PFC)

application preparation costs.

6. Pavement rehabilitation for

Runway 13–31.

7. Pavement rehabilitation for

Taxiway A.

8. Safety area upgrade for Runway 07.

Class or classes of air carriers which

the public agency has requested not be

required to collect PFCs: Air Taxi/

Commercial Operators (ATCO).