[Federal Register Volume 60, Number 128 (Wednesday, July 5, 1995)]
[Pages 35091-35092]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16356]



Coastal Barrier Improvement Act; Property Availability; Millwood 
Estates, Clarke County, VA; Pine Island, Lee County, FL

AGENCY: Resolution Trust Corporation.

ACTION: Notice.


SUMMARY: Notice is hereby given that the properties known as Millwood 
Estates, located in Boyce, Clarke County, Virginia, and Pine Island, 
located in Pine Island, Lee County, Florida, are 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 these properties may be mailed or 
faxed to the RTC until October 3, 1995.

ADDRESSES: Copies of detailed descriptions of these properties, 
including maps, can be obtained from or are available for inspection by 
contacting the following person: Mr. Dan Hummer, Resolution Trust 
Corporation, Atlanta Field Office, 245 Peacetree Center Avenue, NE., 
Marquis One Tower, 10th Floor, Atlanta, GA 30303, (404) 230-6594; Fax 
(404) 230-8159.

SUPPLEMENTARY INFORMATION: The Millwood Estates property is located at 

[[Page 35092]]
the northeast intersection of U.S. Highway 17/50 and Blandy Lane, 
southeast of Boyce, Virginia. The site has recreational value and 
consists of approximately 111.89 acres of undeveloped land used as an 
equestrian estate with a manor house, stable, and some tenant houses. 
This property is adjacent to the Blandy Experimental Farm, a research 
center operated by the University of Virginia, which is managed for 
natural resource conservation purposes as the State Arboretum.
    The Pine Island property is located along the north side of Pine 
Island Road, Pine Island, Florida, east of Avenue D. The site consists 
of approximately 54 acres of undeveloped land and is heavily vegetated. 
The property contains about 23 acres of wetlands and has a high 
potential for archaeological resources. This property is adjacent to 
the Charlotte Harbor State Reserve which is managed for natural 
resource conservation purposes. These properties are covered property 
within the meaning of Section 10 of the Coastal Barrier Improvement Act 
of 1990, P.L. 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 these properties must be received on 
or before October 3, 1995 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: July 5, 1995

    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: June 28, 1995.
    Resolution Trust Corporation.
William J. Tricarico,
Assistant Secretary.
[FR Doc. 95-16356 Filed 7-3-95; 8:45 am]