Federal Register - August 26, 1952
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Source: Federal Register
O N A U I,
EtEGISTER
FEDERA
VOLUME 17
ONlJtO
NUMBER 167
Washington, Tuesday, August 26, 1952
c Construction. Under the loan agreements, certain controls over con Chapter II Rural Electrification Ad struction by the borrower are exercised ministration, Department of Agri by the agency. These include approval of the consulting engineer selected and culture hired by the borrower, approval of the P art 200P rocedures plans and specifications for the con Effective July A, 1952, P art 200 of Title struction, approval of materials and 6, issued September 11, 1946 11 F. R. equipment used, and approval of con 177A294-296, inclusive redesignated tracts with third parties for engineering at 13 F. R. 8248 as amended April 23, services, for construction, and for pur 1949 14 F. R. 2006 is hereby amended chase of materials, equipment and as follows:
wholesale power. There is also provi 1.
By deleting all of Part 200, and subsion for progress reports to the agency stituting therefor a new P art 200 read on construction, for inspection of con ing as follows:
struction by the agency and for audit of Sec.
the borrowers records relating to con 200.1 Loans pursuant to section 4 of Rural struction.
Electrification Act.
d Advance of loan funds. Loan 200.2 Loans pursuant to section 5 of Rural Electrification Act.
funds are advanced on the basis of 200.3 Loans pursuant to section 201 of requisitions submitted by borrowers in Rural Electrification Act.
accordance with established require 200.4 Studies, investigations, and reports.
ments.
200.5 Assistance to borrowers.
Authority: 200.1 to 200.5 issued under 200.2 Loans pursuant to section 5 of 49 Stat. 1363, as amended, 63 Stat. 948; 7
Rural Electrification Acta General.
U. S. C. and Sup. 901-915, 921-924.
These loans are made to finance the 200.1 Loans Pursuant to Section 4 wiring of the premises of persons in of Rural Electrification Acta Gen rural areas and the acquisition and in eral. These loans are made to finance stallation of electrical and plumbing the construction and operation of gen appliances and equipment. They bear erating plants, electric transmission and interest at two per centum per annum.
distribution lines or systems. They They may be made to any of the bor must be amortized within a maximum rowers Of funds under section 4 of the of thirty-five years, must be found to be act or to any person, firm or corporation self-liquidating within the period of the supplying or installing the wiring, loan, and must be reasonably secured plumbing, or appliances.
in the judgment of the Administrator.
b Applications. There is no stand They bear interest at two per centum ard or prescribed form of application for per annum. They may be made to per this type of loan. The information sub sons, corporations, public bodies, and mitted in support of an application to cooperative, nonprofit, or limited div should set forth the purposes for which idend associations.
the loan is requested and the amount b Applications. There is no pre required for each purpose. If the Ad scribed or standard form of application ministrator approves a loan proposal, for such loans. Interested persons the applicant is immediately notified and making inquiry are given specific advice loan papers are forwarded for the signa as to their eligibility, the terms and con ture of the borrower.
ditions of the loans, the information c Advances of loan funds. Loan that they should furnish, and the funds are advanced on the basis of further steps they should take to perfect application. If the Administrator ap requisitions submitted by the borrower.
proves a loan proposal, the applicant Is Before any funds are advanced the bor immediately notified and loan papers rower must satisfy the agency that the are forwarded for the signature of the installations financed comply with minborrower.
Continued on next page TITLE 6 AGRICULTURAL CREDIT
CONTENTS
Agriculture Department
Pa8
See Production and Marketing Administration; Rural Electrifi cation Administration.
Civil Aeronautics Board
Notices:
U. S. Airlines, Inc.; enforcement proceedings; notice of hear ing _____________________ 7794
Proposed rule making:
Special civil air regulation;
flight time limitations for pilots not regularly assigned to one type of crew --------- 7790
Commerce Department
See National Production Author ity.
Defense Department
See Navy Department.
Defense Mobilization, Office of
Notices:
Finding and determination of a critical defense housing area:
Kinross Air Force Base, Michigan, area_________ 7795
Opheim, Mont., area_______ 7795
Economic Stabilization Agency
See Price Stabilization, Office of.
Federal Power Commission
Notices:
Hearings, etc.:
Michigan-Wisconsin Pipeline Co______________
7795
Texas Illinois Natural Gas Pipeline Co_____________ 7794
Federal Trade Commission
Notices:
Athletic Goods Industry; notice of holding of trade practice conference_______________
Housing and Agency
Home
7795
Finance
Rules and regulations:
Relaxation of residential credit oontrols:
Regulation governing proc essing and approval of ex ceptions and terms for critical defense housing areas ; m i s c e l l a n e o u s amendments CR 3__ __ 7788
Interior Department
See Petroleum Administration for Defense; Reclamation Breau.
7765