Federal Register / Vol. 76, No. 16 / Tuesday, January 25, 2011 / Notices 4411

TIFIA budget authority to pay the SUMMARY: This document requests use a PFC at -Logan International subsidy cost of credit assistance. As of public comment on the supplementary Airport, the publication date of this notice, material provided by the applicant, The supplemental material includes extensions of the surface transportation Port Authority all documentation provided to the FAA (Massport), in response to the FAA’s reauthorization act have been enacted by April 15, 2010, which was the date continuing highway programs that were requests for clarification of its of Massport’s submission of its PFC authorized through fiscal year 2009, and application to impose and use a PFC at application for collection and use of the expectation is that Congress will General Edward Lawrence Logan reauthorize an equivalent amount of International Airport, , PFC revenue for various projects at budget authority for the TIFIA program Massachusetts. Boston-Logan International Airport. The in the future Any budget authority not The FAA received additional FAA will issue a decision on Massport’s obligated in the fiscal year for which it documentation and information in PFC application under the provisions of is authorized remains available for support of Massport’s PFC application, the 49 U.S.C. 40117 and 14 CFR part obligation in subsequent years. The received April 15, 2010. The FAA is 158. TIFIA budget authority is subject to an soliciting public comment on this Background: On April 15, 2010, annual obligation limitation that may be supplementary material. Once received Massport submitted its application to established in appropriations law. Like and following the FAA’s review of any impose and use a PFC at Boston-Logan all funds subject to the annual Federal- comments submitted pursuant to this International Airport aid obligation ceiling, the amount of notice, a Final Agency Decision is On May 25, 2010, the FAA sent a TIFIA budget authority available in a anticipated either approving or given year may be less than the amount disapproving the application, in whole letter to Massport notifying it that the authorized for that fiscal year. or in part, within 60 days of the date of PFC application was substantially Consistent with the Federal Credit this Notice. The ruling will be issued complete. Reform Act of 1990 and the under the provisions of the 49 U.S.C. The FAA’s decision making process requirements of the Office of 40117 and 14 Code of Federal on PFC applications may include Management and Budget, the subsidy Regulations part 158 (14 CFR part 158). publishing a notice in the Federal cost of a loan is affected by recovery DATES: Comments must be received on Register informing the public of the assumptions, allowance for defaults, the or before February 24, 2011. FAA’s intention to rule on the pending borrower’s interest rate, and fees. The ADDRESSES: Comments on this application and inviting public factors that most heavily influence the supplemental material may be mailed or comment on that application. subsidy cost of a TIFIA loan fall into the delivered in triplicate to the FAA at the Consideration is given to all comments recoveries category (for example, the following address: Ms. Priscilla Scott, submitted pursuant to the Federal repayment pledge and whether the debt PFC Program Manager, Federal Aviation Register Notice during FAA’s is senior or subordinate) and the Administration, Airports Division, 12 deliberations on the application. The allowance for defaults category Executive Park, FAA responds to the substantive (including the credit rating on the debt Burlington, Massachusetts 01803. comments in its Final Agency Decision. and the degree of back-loading). The In addition, one copy of any borrower’s interest rate will also affect comments submitted to the FAA must In conjunction with rendering its the subsidy cost of the TIFIA loan. The be mailed or delivered to Mr. Thomas decisions on PFC applications, the FAA final subsidy cost estimate is expressed Kinton, CEO and Executive Director of determines the PFC eligibility for each as a percentage of the principal amount the Massachusetts Port Authority at the project, and whether the eligible of the credit assistance. following address: One Harborside projects are adequately justified. In Authority: 23 U.S.C. 601–609; 49 CFR Drive, Suite 200S, East Boston, reviewing the application submitted by 1.48(b)(6); 23 CFR Part 180; 49 CFR Part 80; Massachusetts 02128. Massport, the FAA discovered that 49 CFR Part 261; 49 CFR Part 640. FOR FURTHER INFORMATION CONTACT: further clarification would be helpful to Issued on: January 20, 2011. Priscilla Scott, PFC Program Manager, make its required determinations. Victor M. Mendez, Federal Aviation Administration, Accordingly, the FAA asked Massport Federal Highway Administrator. Airports Division, 12 New England to clarify certain information on the [FR Doc. 2011–1460 Filed 1–24–11; 8:45 am] Executive Park, Burlington, eligibility of costs related to Project Massachusetts 01803, (781) 238–7614. BILLING CODE 4910–9X–P #42—Terminal ‘‘A’’ Development. The application may be reviewed in person at 16 New England Executive In response to the FAA’s requests, Massport provided supplemental DEPARTMENT OF TRANSPORTATION Park, Burlington, Massachusetts. Please call to set up an appointment. material in the form of e-mails, airline Federal Aviation Administration In addition, any person may, upon lease documents, written discussions of request, inspect the application, notice Massport’s lease practices, and rates and Notice of Intent To Rule on Application and other documents germane to the charges information which includes 10–06–C–00–BOS To Impose and Use application in person at One Harborside facility rent calculations indicating the the Revenue From a Passenger Facility Drive, Suite 200S, East Boston, uses of PFC revenues. Charge (PFC) at General Edward Massachusetts 02128. Please contact Issued in Burlington, Massachusetts on Lawrence Logan International Airport, Massport at (617) 561–1600 to set up an January 6, 2011. East Boston, MA appointment. Bryon H. Rakoff, AGENCY: Federal Aviation SUPPLEMENTARY INFORMATION: The FAA invites public comment on the Manager, Planning and Program Branch, Administration (FAA), Department of Airports Division, New England Region. Transportation (DOT). additional documentation provided by the applicant in response to the FAA’s [FR Doc. 2011–1411 Filed 1–24–11; 8:45 am] ACTION: Request for comments, notice of requests for clarification in support of BILLING CODE P Intent to Rule on a PFC application. Massport’s application to impose and

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