Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement

ICR 200801-0790-001

OMB: 0790-0004

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2008-01-31
ICR Details
0790-0004 200801-0790-001
Historical Active 200405-0790-001
DOD/OS
Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement
Extension without change of a currently approved collection   No
Regular
Approved without change 04/08/2008
Retrieve Notice of Action (NOA) 01/31/2008
  Inventory as of this Action Requested Previously Approved
04/30/2011 36 Months From Approved 04/30/2008
79 0 79
3,160 0 3,160
987,500 0 0

Section 2821 of the National Defense Authorization Act for FY 2000 (Pub. L. 106-65) authorizes DoD to transfer base closure property to Local Reuse Authorities (LRAs) under Economic Development Conveyances (EDCs) at no cost to stimulate economic redevelopment and long-term job creation, and to modify existing EDCs. No cost EDC agreements require the LRA to reinvest proceeds from use of the EDC property for 7 years. The Military Departments require an annual financial statement certified by an independent CPA to monitor this provision. The annual reporting requirement may be modified for rural communities.

PL: Pub.L. 106 - 65 2821 Name of Law: null
  
None

Not associated with rulemaking

  72 FR 55179 09/28/2007
73 FR 6130 02/01/2008
No

1
IC Title Form No. Form Name
Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 79 79 0 0 0 0
Annual Time Burden (Hours) 3,160 3,160 0 0 0 0
Annual Cost Burden (Dollars) 987,500 0 0 0 987,500 0
No
No

$12,488
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Patricia Toppings 703 696-5284 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
01/31/2008


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