[Federal Register Volume 59, Number 102 (Friday, May 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-13050]


[[Page Unknown]]

[Federal Register: May 27, 1994]


                                                   VOL. 59, NO. 102

                                               Friday, May 27, 1994

DEPARTMENT OF AGRICULTURE

Rural Electrification Administration

 

Rescission of REA Bulletin

AGENCY: Rural Electrification Administration, USDA.

ACTION: Notice of rescission of REA Bulletin on Joint Use of 
Facilities.

-----------------------------------------------------------------------

SUMMARY: The Rural Electrification (REA) hereby rescinds REA Bulletin 
5-1, Joint Use of Facilities for Telephone and Electric Service.

DATES: This bulletin is rescinded effective May 27, 1994.

FOR FURTHER INFORMATION CONTACT: Sue Arnold, Financial Analyst, Program 
Support Staff, Rural Electrification Administration, USDA, Washington, 
DC 20250-1500. Telephone: 202-720-0737. FAX: 202-720-4120.

SUPPLEMENTARY INFORMATION: On August 20, 1993, at 58 FR 44288, in a 
proposed rule dealing with Long-Range Financial Forcasts of Electric 
Borrowers, the Rural Electrification Administration (REA) proposed 
rescission of REA Bulletin 5-1, Joint Use of Facilities for Electric 
and Telephone Service. This bulletin, issued in 1954, and last revised 
in 1972, deals with agreements between REA electric and telephone 
borrowers for joint use of poles. The information in the bulletin is 
obsolete, and REA believes guidance from REA in this area is 
unnecessary in today's technological and regulatory environment.
    The original comment period on the proposal expired on September 
20, 1993. In response to requests from the public for more time to 
prepare responses to the proposed rule on Long-Range Financial 
Forecasts, REA published a document in the Federal Register on 
September 20, 1993, at 58 FR 48800, extending the comment period 
through October 20, 1993.
    Only one comment was received on the proposal to rescind Bulletin 
5-1. While agreeing that Bulletin 5-1 is no longer needed, the 
commentor asked about REA Bulletin 40-5, Common Use of Poles for 
Distribution and Transmission Lines. Bulletin 40-5 was rescinded in 
December 1991, and this rescission was noted in the Index of Electric 
Issuances issued by REA and mailed to all electric borrowers in October 
1992. The commentor asked about the provisions in the REA loan mortgage 
and loan documents concerning joint use.
    REA has begun a comprehensive project to consider revisions to the 
form and content of the REA mortgage and loan documents. An advance 
notice of proposed rulemaking on the subject was published on December 
2, 1991, at 56 FR 61201. Issues concerning joint use will be addressed 
in the rulemaking proceeding to revise the mortgage.
    Therefore, REA hereby rescinds REA Bulletin 5-1, Joint Use of 
Facilities for Electric and Telephone Service. A final rule on Long-
Range Financial Forecasts of Electric Borrowers will be published at a 
later date.

    Dated: May 20, 1994.
Wally Beyer,
Admininistrator.
[FR Doc. 94-13050 Filed 5-26-94; 8:45 am]
BILLING CODE 3410-15-P