Revitalizing Base Closure Communities, Economic Development Conveyance Annual Financial Statement
Extension without change of a currently approved collection
No
Regular
01/21/2021
Requested
Previously Approved
36 Months From Approved
01/31/2021
24
29
960
1,160
33,024
37,700
Local redevelopment authorities (LRA) receiving base closure property by economic development conveyance (EDC) procedure are required by 32 CFR 174 to invest proceeds from any sale, lease, or equivalent use of EDC property during the first 7 years after the date of the initial transfer of the property to support the economic redevelopment. To confirm compliance with 32 CFR 174, the Military Departments collect data annually. The respondents are the LRAs which consists of members of the local communities surrounding the closed military installation.
PL:
Pub.L. 106 - 65 2821
Name of Law: National Defense Authorization Act for Fiscal Year 1991
PL:
Pub.L. 101 - 510 2905
Name of Law: National Defense Authorization Act for Fiscal Year 2000
As Local Redevelopment Authorities meet their commitment in the economic development conveyance memorandum of agreement, they are no longer required to submit annual statements. This has resulted in a decrease in number of respondents and thus a decrease in burden.
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.