SUMMARY: Notice is hereby given that the property known as State Road
33 South, located in the City of Groveland, Lake County, Florida, is
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 this property may be mailed or faxed
to the FDIC until March 18, 1998.
ADDRESSES: Copies of detailed descriptions of this property, including
maps, may be obtained from or are available for inspection by
contacting the following person: Mr. Richard Espinoza, Federal Deposit
Insurance Corporation, Northeast Service Center, 101 East River Drive,
East Hartford, CT. 06108, (860) 291-4051; Fax (860) 291-4077.
SUPPLEMENTARY INFORMATION: The State Road 33 South property (a.k.a.
11804 State Road 33 South) consists of approximately 100 acres of
undeveloped land divided into two tracts in a rural area approximately
two miles south of the city limits of the City of Groveland, FL. The
legal description of the site is Tracts 1, 2, 15, 16, 34, 47, 48, 49,
50, 63 and 64 in Section 6, Township 23 South, Range 25 East, Groveland
Farms, according to the plat thereof as recorded in Plat Book 2, Pages
10 and 11, Public Records of Lake County, FL. The State Road 33 South
property is predominately wetlands and contains dense vegetation. This
property is within the State of Florida's Green Swamp Area of Critical
Concern and is adjacent to Mill Stream Swamp which is managed by the
St. John's River Water Management District for natural resource
conservation purposes. This property is covered property within the
meaning of Section 10 of the Coastal Barrier Improvement Act of 1990,
Pub. 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 this property must be received on or
before March 18, 1998 by the Federal Deposit Insurance Corporation at
the appropriate address stated above.
Those entities eligible to submit written notices of serious
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)).
Form of Notice
Written notices of serious interest must be submitted in the
NOTICE OF SERIOUS INTEREST
RE: State Road 33 South
Federal Register Publication Date: December 18, 1997.
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 FDIC, 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
Dated: December 12, 1997.
Federal Deposit Insurance Corporation.
James D. LaPierre,
Deputy Executive Secretary.
[FR Doc. 97-33006 Filed 12-17-97; 8:45 am]
BILLING CODE 6714-01-P