Transfer of Federally Assisted Facility
Primary source
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Issuing agencies
Abstract
The Administrator of the Federal Transit Administration (FTA) may authorize a recipient of FTA funds to transfer land or a facility to a public body for any public purpose with no further obligation to the Federal Government (the Government) if, among other things, no Federal agency is interested in acquiring the asset for Federal use. FTA is issuing this Notice to advise Federal agencies that the Central Oklahoma Transportation and Parking Authority (COTPA) has requested FTA approval to transfer the Union Station property (Property) to the City of Oklahoma City (City) if no Federal agency is interested in acquiring the asset for Federal use. The 2.75-acre Property is located within the City of Oklahoma City at 300 SW 7th Street, Oklahoma City, OK.
Full Text
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<title>Federal Register, Volume 86 Issue 114 (Wednesday, June 16, 2021)</title>
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[Federal Register Volume 86, Number 114 (Wednesday, June 16, 2021)]
[Notices]
[Pages 32102-32103]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-12584]
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DEPARTMENT OF TRANSPORTATION
Federal Transit Administration
Transfer of Federally Assisted Facility
AGENCY: Federal Transit Administration (FTA), United States Department
of Transportation (USDOT).
ACTION: Notice of intent (NOI) to transfer federally assisted land or
facility.
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SUMMARY: The Administrator of the Federal Transit Administration (FTA)
may authorize a recipient of FTA funds to transfer land or a facility
to a public body for any public purpose with no further obligation to
the Federal Government (the Government) if, among other things, no
Federal agency is interested in acquiring the asset for Federal use.
FTA is issuing this Notice to advise Federal agencies that the Central
Oklahoma Transportation and Parking Authority (COTPA) has requested FTA
approval to transfer the Union Station property (Property) to the City
of Oklahoma City (City) if no Federal agency is interested in acquiring
the asset for Federal use. The 2.75-acre Property is located within the
City of Oklahoma City at 300 SW 7th Street, Oklahoma City, OK.
DATES: Any Federal agency interested in acquiring the facility must
notify the
[[Page 32103]]
FTA Region VI office of its interest no later than July 16, 2021.
ADDRESSES: Interested parties should notify FTA's Regional VI Office by
writing to Gail Lyssy, Regional Administrator, Federal Transit
Administration, 819 Taylor Street, Room 14A02, Fort Worth, TX 76102.
FOR FURTHER INFORMATION CONTACT: Forrest Graham, Regional Counsel,
(415) 734-9479.
SUPPLEMENTARY INFORMATION:
Background
Federal public transportation law (49 U.S.C. 5334(h)) sets forth
requirements for the transfer of capital assets. Specifically, if a
recipient of FTA assistance decides an asset acquired under 49 U.S.C.
Chapter 53 at least in part with that assistance is no longer needed
for the purpose for which it was acquired, the Secretary of
Transportation may authorize the recipient to transfer the asset to a
local governmental authority to be used for a public purpose with no
further obligation to the Government. 49 U.S.C. 5334(h)(1).
COTPA purchased the Property in the early 1980s to be used as a
transit hub with rail service. Due to the realignment of Interstate 40,
however, the Property no longer is suitable for either rail or bus
transit service. It is currently being used as office space for five
COTPA finance employees. The City has committed to incorporating the
Property into the $132 million downtown Scissortail Park to serve as
the Park's administrative, operations, and maintenance center.
Additionally, the City will use the Property for a visitor's center,
rentable space for private and public gatherings, a public caf[eacute]
space, storage and workshop space for building and repair needs, and
recreational and cultural programs for youth and adults.
Determinations
The FTA Administrator may authorize a transfer for a public purpose
other than mass transportation only if the FTA Administrator decides:
(A) The asset will remain in public use for at least 5 years after
the date the asset is transferred;
(B) There is no purpose eligible for assistance under Chapter 53 of
title 49, United States Code, for which the asset should be used;
(C) The overall benefit of allowing the transfer is greater than
the interest of the Government in liquidation and return of the
financial interest of the Government in the asset, after considering
fair market value and other factors; and
(D) Through an appropriate screening or survey process, that there
is no interest in acquiring the asset for Government use if the asset
is a facility or land.
The FTA Administrator has determined that the above requirements
(A), (B), and (C) have been met; this Notice is issued pursuant to
requirement (D).
Federal Interest in Acquiring Land or Facility
This Notice implements the requirements of 49 U.S.C. 5334(h)(1)(D).
Accordingly, FTA hereby provides notice of the availability of the
Property further described below. Any Federal agency interested in
acquiring the Property should promptly notify FTA. If no Federal agency
is interested in acquiring the Property, FTA will assure that the other
requirements specified in 49 U.S.C. 5334(h)(1)(A) through (C) are met
before permitting the asset to be transferred.
(Authority: 49 U.S.C. 5334(h))
Nuria I. Fernandez,
Deputy Administrator.
[FR Doc. 2021-12584 Filed 6-15-21; 8:45 am]
BILLING CODE P
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</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.