Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations

FDIC Federal Register Citations

[Federal Register: December 18, 1997 (Volume 62, Number 243)]
[Page 66371]
From the Federal Register Online via GPO Access []
Coastal Barrier Improvement Act; Property Availability; State 
Road 33 South, Lake County, Florida
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice.
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.
Eligible Entities
    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)).
Form of Notice
    Written notices of serious interest must be submitted in the 
following form:
 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
    Environmental protection.
    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]

Last Updated 12/18/1997

Skip Footer back to content