[Federal Register: March 10, 2006 (Volume 71, Number 47)]
[Notices]
[Page 12350-12351]
[DOCID:fr10mr06-58]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings 1

March 3, 2006.
    Take notice that the Commission received the following electric
rate filings.
    Docket Numbers: ER01-1071-008; ER03-34-007; ER03-1104-004; ER03-
1105-004; ER98-2076-011; ER98-4222-007.
    Applicants: Badger Windpower LLC; FPL Windpower, LLC; FPL Energy
Hancock County Wind, LLC; FPL Energy North Dakota Wind, LLC; FPL Energy
North Dakota Wind II, LLC; Hawkeye Power Partners, LLC; Lake Benton
Power Partners II, LLC.
    Description: Badger Windpower, LLC et al notify FERC of a change in
material fact regarding their market based rate authorization.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0048.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER01-2814-002.
    Applicants: Citizens Energy Corporation.
    Description: Citizens Energy Corp submits its Triennial Market
Power Analysis and Revisions to Market Based Rate Tariff.
    Filed Date: February 21, 2006.
    Accession Number: 20060301-0389.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER02-2458-008.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator Inc
submits proposed revisions to Schedules 7, 8, and 9 of its Open Access
Transmission and Energy Markets Tariff, FERC Electric Tariff, Volume
No. 1.
    Filed Date: February 21, 2006.
    Accession Number: 20060301-0388.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER05-763-003; ER05-1154-003.
    Applicants: Southern California Edison Company.
    Description: Southern California Edison Company's Compliance Report
on Refunds Pursuant to Settlement.
    Filed Date: February 21, 2006.
    Accession Number: 20060221-5059.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER05-1236-001.
    Applicants: Duke Power.
    Description: Duke Power submits this compliance filing to make
certain modifications to its independent transmission coordinator plan
pursuant to December 19, 2005 order.
    Filed Date: February 17, 2006.
    Accession Number: 20060223-0049.
    Comment Date: 5 p.m. Eastern Time on Friday, March 10, 2006.

    Docket Numbers: ER06-190-002.
    Applicants: Electric Energy, Inc.
    Description: Electric Energy, Inc submits revised Modification
No.16 to the Power Contract, which is to be made effective on January
1, 2003.
    Filed Date: February 21, 2006.
    Accession Number: 20060301-0385.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-440-001.
    Applicants: Electric Energy, Inc.
    Description: Electric Energy, Inc submits revised Modification
No.17 to the Power Contract, which is to be made effective on January
1, 2006.
    Filed Date: February 21, 2006.
    Accession Number: 20060301-0386.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-472-000.
    Applicants: LG&E Energy Marketing Inc.
    Description: Withdrawal of Filing of LG& E Energy Marketing Inc.
    Filed Date: February 21, 2006.
    Accession Number: 20060221-5037.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-511-001.
    Applicants: Maine Public Service Company.
    Description: Maine Public Service Co. submits revised tariff
sheets.
    Filed Date: February 17, 2006.
    Accession Number: 20060223-0053.
    Comment Date: 5 p.m. Eastern Time on Friday, March 10, 2006.

    Docket Numbers: ER06-606-001.
    Applicants: BlueRock Energy, Inc.
    Description: BlueRock Energy, Inc submits an amendment to the
petition for acceptance of initial rate schedule, waivers and blanket
authority.
    Filed Date: February 17, 2006.
    Accession Number: 20060223-0052.
    Comment Date: 5 p.m. Eastern Time on Friday, March 10, 2006.

    Docket Numbers: ER06-653-000.
    Applicants: Entergy Nuclear Power Marketing, LLC.
    Description: Entergy Nuclear Power Marketing, LLC submits its
application for order accepting initial market-based tariff.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0158.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-654-000.
    Applicants: Midwest Electric Power, Inc.
    Description: Midwest Electric Power, Inc submits a notice of
cancellation of a Power Supply Agreement with Ameren Energy Marketing
Co.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0160.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-655-000.
    Applicants: California Independent System Operator Corporation.
    Description: California Independent System Operator Corp submits an
informational filing to provide notice regarding the revised
Transmission Access Charges effective January 1, 2006.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0161.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-656-000.
    Applicants: ISO New England Inc.
    Description: ISO New England, Inc submits materials, which identify
the monthly installed capacity requirements established by the ISO for
the 2006/2007 Power Year.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0156.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-657-000.
    Applicants: PJM Interconnection, L.L.C.
    Description: PJM Interconnection, LLC submits an executed
interconnection service agreement and an executed construction service
agreements with Bethlehem Renewable Energy, LLC.
    Filed Date: February 21, 2006.
    Accession Number: 20060223-0157.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-663-000.
    Applicants: American Electric Power Service Corporation.
    Description: American Electric Power Service Corp, as agent for AEP
Texas Central Co submits an amendment to the interconnection agreement
with Medina Electric Cooperative Inc.
    Filed Date: February 21, 2006.
    Accession Number: 20060301-0384.
    Comment Date: 5 p.m. Eastern Time on Tuesday, March 14, 2006.

    Docket Numbers: ER06-669-000.
    Applicants: TME Energy Services.
    Description: TME Energy Services submits a request for cancellation
of FERC Electric Rate Schedule 1 and its power marketer status.
    Filed Date: February 23, 2006.
    Accession Number: 20060301-0397.

    Comment Date: 5 p.m. Eastern Time on Thursday, March 16, 2006.

    Docket Numbers: ER06-670-000.
    Applicants: Pacific Gas and Electric Company.
    Description: Pacific Gas and Electric Co submits its Wholesale
Distribution Service Agreement and Interconnection Agreement with
McAllister Ranch Irrigation District.
    Filed Date: February 23, 2006.
    Accession Number: 20060301-0387.
    Comment Date: 5 p.m. Eastern Time on Thursday, March 16, 2006.

    Docket Numbers: ER06-671-000.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: Midwest Independent Transmission System Operator Inc
submits proposed revisions to Attachment L of its Open Access
Transmission and Energy Markets Tariff.
    Filed Date: February 23, 2006.
    Accession Number: 20060301-0399.
    Comment Date: 5 p.m. Eastern Time on Thursday, March 16, 2006.

    Docket Numbers: ER06-672-000.
    Applicants: PSI Energy, Inc.
    Description: PSI Energy Inc submits updated summary schedules for
the Transmission and Local Facilities Agreement for the calendar year
2004 pursuant to section 205 of the Federal Power Act.
    Filed Date: February 23, 2006.
    Accession Number: 20060301-0400.
    Comment Date: 5 p.m. Eastern Time on Thursday, March 16, 2006.

    Docket Numbers: ER06-673-000.
    Applicants: Cleco Power LLC.
    Description: Cleco Power LLC submits its Network Integration
Service Agreement and Network Operating Agreement with Louisiana
Generating, LLC.
    Filed Date: February 24, 2006.
    Accession Number: 20060301-0378.
    Comment Date: 5 p.m. Eastern Time on Friday, March 17, 2006.

    Docket Numbers: ER06-674-000.
    Applicants: Conectiv Energy Supply, Inc.
    Description: Connectiv Energy Supply, Inc submits its Full
Requirement Service Agreement requesting authorization to make
wholesale power sales to its Delmar Power & Light Co.
    Filed Date: February 24, 2006.
    Accession Number: 20060301-0501.
    Comment Date: 5 p.m. Eastern Time on Friday, March 17, 2006.

    Docket Numbers: ER06-675-000.
    Applicants: Louisville Gas & Electric Company.
    Description: Louisville Gas & Electric Co et al. submits a letter
agreement with Eastern Kentucky Power Coop for modifications of its
transmission circuit leased to EKPC.
    Filed Date: February 24, 2006.
    Accession Number: 20060301-0377.
    Comment Date: 5 p.m. Eastern Time on Friday, March 17, 2006.

    Docket Numbers: ER06-679-000.
    Applicants: Louisville Gas and Electric Company.
    Description: Louisville Gas and Electric Co et al. submits a letter
agreement with Eastern Kentucky Power Cooperative for modifications of
facilities to serve its new Cedar Grove Industrial Park Substation.
    Filed Date: February 24, 2006.
    Accession Number: 20060302-0054.
    Comment Date: 5 p.m. Eastern Time on Friday, March 17, 2006.

    Any person desiring to intervene or to protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Rules of Practice and Procedure (18 CFR 385.211 and
385.214) on or before 5 p.m. Eastern time on the specified comment
date. It is not necessary to separately intervene again in a subdocket
related to a compliance filing if you have previously intervened in the
same docket. Protests will be considered by the Commission in
determining the appropriate action to be taken, but will not serve to
make protestants parties to the proceeding. Anyone filing a motion to
intervene or protest must serve a copy of that document on the
Applicant. In reference to filings initiating a new proceeding,
interventions or protests submitted on or before the comment deadline
need not be served on persons other than the Applicant.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov.
 To facilitate electronic service, persons with Internet

access who will eFile a document and/or be listed as a contact for an
intervenor must create and validate an eRegistration account using the
eRegistration link. Select the eFiling link to log on and submit the
intervention or protests.
    Persons unable to file electronically should submit an original and
14 copies of the intervention or protest to the Federal Energy
Regulatory Commission, 888 First St., NE., Washington, DC 20426.
    The filings in the above proceedings are accessible in the
Commission's eLibrary system by clicking on the appropriate link in the
above list. They are also available for review in the Commission's
Public Reference Room in Washington, DC. There is an eSubscription link
on the Web site that enables subscribers to receive e-mail notification
when a document is added to a subscribed dockets(s). For assistance
with any FERC Online service, please e-mail<EMAIL_ADDRESS>
or call<PHONE_NUMBER> (toll free). For TTY, call<PHONE_NUMBER>.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-3459 Filed 3-9-06; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 82, Number 34 (Wednesday, February 22, 2017)]
[Rules and Regulations]
[Pages 11299-11304]
[FR Doc No: 2017-03261]

========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents.
Prices of new books are listed in the first FEDERAL REGISTER issue of each
week.

========================================================================

Federal Register / Vol. 82, No. 34 / Wednesday, February 22, 2017 /
Rules and Regulations

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2016-5468; Directorate Identifier 2015-NM-021-AD;
Amendment 39-18806; AD 2017-04-11]
RIN 2120-AA64

Airworthiness Directives; The Boeing Company Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule.

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SUMMARY: We are adopting a new airworthiness directive (AD) all The
Boeing Company Model 737-600, -700, -700C, -800, and -900 series
airplanes. This AD was prompted by reports of paint deterioration on
the surface of the main landing gear (MLG) and the early onset of
corrosion in the trunnion bore of the MLG outer cylinder. This AD
requires identifying affected parts, repetitive external surface
detailed inspections for damage of affected parts, and related
investigative and corrective actions if necessary. For certain
airplanes, this AD also requires a detailed inspection and bushing
replacement of the trunnion bore, and related investigative and
corrective actions if necessary. We are issuing this AD to address the
unsafe condition on these products.

DATES: This AD is effective March 29, 2017.
    The Director of the Federal Register approved the incorporation by
reference of certain publications listed in this AD as of March 29,
2017.

ADDRESSES: For service information identified in this final rule,
contact Boeing Commercial Airplanes, Attention: Contractual & Data
Services (C&DS), 2600 Westminster Blvd., MC 110-SK57, Seal Beach, CA
90740-5600; telephone:<PHONE_NUMBER>; Internet: https://www.myboeingfleet.com. You may view this referenced service information
at the FAA, Transport Airplane Directorate, 1601 Lind Avenue SW.,
Renton, WA. For information on the availability of this material at the
FAA, call<PHONE_NUMBER>. It is also available on the Internet at http://www.regulations.gov by searching for and locating Docket No. FAA-2016-
5468.

Examining the AD Docket

    You may examine the AD docket on the Internet at http://www.regulations.gov by searching for and locating Docket No. FAA-2016-
5468; or in person at the Docket Management Facility between 9 a.m. and
5 p.m., Monday through Friday, except Federal holidays. The AD docket
contains this AD, the regulatory evaluation, any comments received, and
other information. The address for the Docket Office (phone: 800-647-
5527) is Docket Management Facility, U.S. Department of Transportation,
Docket Operations, M-30, West Building Ground Floor, Room W12-140, 1200
New Jersey Avenue SE., Washington, DC 20590.

FOR FURTHER INFORMATION CONTACT: Alan Pohl, Aerospace Engineer,
Airframe Branch, ANM-120S, FAA, Seattle Aircraft Certification Office
(ACO), 1601 Lind Avenue SW., Renton, WA 98057-3356; phone: 425-917-
6450; fax:<PHONE_NUMBER>; email<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

Discussion

    We issued a notice of proposed rulemaking (NPRM) to amend 14 CFR
part 39 by adding an AD that would apply to all The Boeing Company
Model 737-600, -700, -700C, -800, and -900 series airplanes. The NPRM
published in the Federal Register on April 12, 2016 (81 FR 21497)
(``the NPRM''). The NPRM was prompted by reports of paint deterioration
on the surface of the MLG and the early onset of corrosion in the
trunnion bore of the MLG outer cylinder. The NPRM proposed to require
identifying affected parts, repetitive external surface detailed
inspections for damage of affected parts, and related investigative and
corrective actions, if necessary. For certain airplanes, the NPRM also
proposed to require a detailed inspection and bushing replacement of
the trunnion bore, and related investigative and corrective actions, if
necessary. We are issuing this AD to prevent stress corrosion cracking
of the external surfaces of the MLG, which could result in a fracture
of the MLG and consequent MLG collapse.

Comments

    We gave the public the opportunity to participate in developing
this AD. The following presents the comments received on the NPRM and
the FAA's response to each comment.

Request To Withdraw the NPRM

    Messier Services Asia Pte Ltd (MS Asia) explained that this
maintenance, repair, and overhaul (MRO) facility, located in Singapore,
has disclosed to Boeing that between November 2007 and December 2011,
painting performed by MS Asia on certain landing gear legs as part of
its overhaul service for Boeing did not fully conform to Boeing
instructions and specifications. MS Asia stated that this painting
error was disclosed to Boeing for Model 737 airplane landing gears
identified in Boeing Special Attention Service Bulletin 737-32-1486,
dated November 6, 2014, as revised by Boeing Special Attention Service
Bulletin 737-32-1486, Revision 1, dated April 1, 2015 (``SASB 737-32-
1486, R1'').
    MS Asia refuted and continues to refute that the painting has
generated the potential onset of corrosion discovered on the MLG. MS
Asia explained that it had the opportunity to demonstrate to Boeing the
absence of links between these two events and is willing to reiterate
its technical demonstration to the FAA. MS Asia asserted that the NPRM
makes an incorrect statement and conclusion, and is without technical
evidence that the root cause of the corrosion detected on the trunnion
bore and the associated risk of fracture is the consequence of the
incorrect paint scheme application.
    MS Asia also stated that the NPRM is creating confusion when it
refers to SAFRAN Messier-Bugatti-Dowty, and that the painting issues
only affect gears overhauled by MS Asia during the period of November
2007 to December 2011. MS Asia asserted that no painting issues have
affected landing gears overhauled by the MRO entity of Messier-Bugatti-
Dowty outside the

period of November 2007 to December 2011.
    From these statements, we infer that MS Asia is requesting we
withdraw the NPRM. We do not agree.
    Landing gear components include materials that are very sensitive
to corrosion and cracking and are not tolerant of improper maintenance.
In particular, high strength steel, once corroded, can readily develop
cracks which could then propagate very rapidly and render inspection
programs ineffectual. This is why it is imperative that protective
finishes be applied as specified.
    The determination of a connection between improper finish
application and the potential onset of corrosion was made by Boeing in
Boeing Special Attention Service Bulletin 737-32-1486, dated November
6, 2014, with review and concurrence by the FAA. This connection has
also been validated by extensive fleet experience.
    MS Asia provided no definitive data to substantiate its statement
that there is not such a connection between its painting (application
of unqualified primer) and corrosion. It should also be noted that this
painting was only one of several discrepancies noted that indicated
improper maintenance. There is no refutation of the finding that the
components were not overhauled in accordance with Boeing instructions
and specifications. These instructions and specifications, or their
equivalent, are in turn included in operators' maintenance programs
that are approved by the governing regulatory authority.
    We are willing to review data MS Asia might wish to submit
regarding this AD. However, this issue has been determined to be a
safety issue by both Boeing and the FAA, and the FAA has also
determined that it is not appropriate to withdraw the NPRM. If a future
review of submitted data substantiates MS Asia's claim that the root
cause of the corrosion detected on the trunnion bore and the associated
risk of fracture is not the consequence of the incorrect paint scheme
application, then we may grant relief through either additional
rulemaking or a global alternative method of compliance (AMOC).
    We have not revised this final rule regarding a connection between
improper finish application and the potential onset of corrosion.
    We note that the dates of the discrepant overhaul specified in
paragraph (g) of this AD differ from the dates given in Boeing Special
Attention Service Bulletin 737-32-1486, dated November 6, 2014, and in
MS Asia's comments. The dates in paragraph (g) of this AD were
determined by an investigation of MS Asia's maintenance records by an
FAA inspector. After that review of maintenance records by an FAA field
office, we concur with MS Asia's statement that this improper rework is
limited to their facility in Singapore. We have revised this final rule
to refer to MS Asia instead of SAFRAN Messier-Bugatti-Dowty to avoid
confusion regarding affected parts.

Requests for Clarification Regarding the Nose Landing Gear (NLG)

    Boeing and the European Aviation Safety Agency (EASA) requested
that we clarify why the NPRM did not address actions specified in the
service information for the NLG.
    We agree that there is a need to clarify. The discrepant rework
described in the Boeing service information does specify the NLG as
well as the MLG. We note that in the Boeing service information,
inspections of the MLG were specified for safety and were so labeled.
However, inspections of the NLG were not determined by Boeing to be a
safety issue. Those NLG inspections were labeled as economic
inspections. This determination is consistent with the FAA's safety
determination. Issues involving potential collapse of the NLG are
evaluated on a case-by-case basis, but are typically determined not to
be safety issues. In the event of failure of the NLG, the flight crew
normally retains adequate directional control of the airplane via
differential braking, engine thrust, and/or rudder. This is not the
case for MLG collapses. We have not changed this AD in this regard.

Request To Revise Corrective Action in Paragraph (i) of the Proposed AD

    Boeing requested that we include Part 7 of the Accomplishment
Instructions of Boeing Special Attention Service Bulletin 737-32-1486,
dated November 6, 2014, in the applicable investigative and corrective
actions identified in paragraph (i) of the proposed AD. Boeing stated
that the replacement of the MLG outer cylinder in accordance with Part
7 should be allowed as an option for compliance with the requirements
of paragraph (i) of the proposed AD.
    We have confirmed that Boeing's requested change to paragraph (i)
of this AD is not needed since Part 7 of the Accomplishment
Instructions of Boeing Special Attention Service Bulletin 737-32-1486,
dated November 6, 2014, is already cited in paragraph (j)(3) of this AD
as terminating action for the actions required by paragraph (i) of this
AD. We have not changed this AD in this regard.

Request To Clarify ``New'' Part

    EASA stated that the NPRM does not explicitly state that
replacement with a new part is acceptable unless the new part belongs
to ``Appendix D (wrong batch).''
    We are not sure what EASA intended by the term ``new.'' This would
ordinarily indicate a brand new part obtained from the design approval
holder or authorized supplier that has never previously been placed
into service. However, we infer from EASA's statement that it intends
the term to mean a different part than what is currently installed on
the airplane. If this is the case, then this issue is already addressed
in the service information. For example, for replacement of the entire
MLG, Part 8 of the Accomplishment Instructions of Boeing Special
Attention Service Bulletin 737-32-1486, dated November 6, 2014,
specifies that such replacement be accomplished with a serviceable MLG.
By definition, the components listed in Appendix D of SASB 737-32-1486,
R1 are not serviceable. We have not changed this AD in this regard.

Requests To Clarify/Revise Overhaul Procedures and Clarify Component
Installations

    SunExpress requested clarification that overhaul of affected
components/assemblies specified in the service information is
terminating action for inspections. SunExpress stated that the service
information has a note specifying to not reinstall a removed component
and/or MLG on another airplane until overhaul is completed.
    United Airlines (UAL) requested that we revise paragraph (l) of the
proposed AD to allow operators to install affected parts as long as
they have been overhauled using the component maintenance manual and
Boeing Special Attention Service Bulletin 737-32-1486, dated November
6, 2014, as revised by SASB 737-32-1486, R1. UAL stated that the
wording in paragraph (l) of the proposed AD implies that all affected
serial numbers would need FAA approval for repair/overhaul.
    In addition, SunExpress requested clarification as to whether each
sub-part or sub-assembly under an MLG component installation is also
affected individually. SunExpress asked if, for example, a sub-part
(e.g., inner cylinder) that was previously installed on an MLG assembly
affected by the proposed AD would be subject to the AD requirements if
it is installed on a different unaffected MLG assembly.

    We partially agree with the commenters' requests. We find that the
instructions in the service information for overhaul, as specified in
the NPRM, already address the commenters' concerns. However, we agree
that additional clarification would be helpful. We have revised
paragraph (l) of this AD to specify, in part, that an MLG may not be
installed unless that MLG has been overhauled as specified in the
applicable corrective actions of paragraphs (h) and (i) of this AD, or
using a method approved in accordance with the procedures specified in
paragraph (m) of this AD.
    In addition, to address SunExpress's comment concerning component
installations, we provide the following clarification. Based on
accepted maintenance practices, a part number would include all of the
components that make up that part. It is incumbent upon the operator to
either inspect or do a records review to identify those parts affected
by this AD. Any parts identified, including all components of those
parts, are affected. As stated previously, we have revised paragraph
(l) of this AD to provide clarification.

Request To Extend Proposed Compliance Time

    SunExpress requested that we revise the proposed compliance time
for the MLG inspections from 24 months to 36 months to accommodate its
maintenance schedule. SunExpress pointed out that the longer compliance
time would be financially beneficial for operators.
    We do not agree with SunExpress's request to extend the compliance
time. The operator provided no technical justification for revising
this compliance time. Stress corrosion cracking of the external
surfaces of the MLG is a significant safety issue, and we have
determined that the proposed inspection threshold is warranted, based
on the effectiveness of the inspection procedure and the FAA transport
airplane risk assessment.
    In developing an appropriate compliance time for this AD, we
considered the safety issues as well as the recommendations of the
manufacturer, the availability of necessary parts, and the practical
aspect of accomplishing the required inspection within an interval of
time that corresponds to the normal maintenance schedules of most
affected operators. We considered the manufacturer's recommendation as
well as the time necessary to complete the rulemaking process, and
found that a 24-month initial compliance time should fall well within
the time that the majority of operators have regular maintenance visits
scheduled. In light of these factors, we have determined that the 24-
month initial compliance time, as proposed, is appropriate. We have not
changed this AD in this regard.

Effect of Winglets on Accomplishment of the Proposed Actions

    Aviation Partners Boeing stated that accomplishing Supplemental
Type Certificate (STC) ST00830SE does not affect the actions specified
in the NPRM.
    We concur with the commenter. We have redesignated paragraph (c) of
the proposed AD as (c)(1) and added new paragraph (c)(2) to this AD to
state that installation of STC ST00830SE does not affect the ability to
accomplish the actions required by this final rule. Therefore, for
airplanes on which STC ST00830SE is installed, a ``change in product''
AMOC approval request is not necessary to comply with the requirements
of 14 CFR 39.17.

Conclusion

    We reviewed the relevant data, considered the comments received,
and determined that air safety and the public interest require adopting
this AD with the changes described previously and minor editorial
changes. We have determined that these minor changes:
     Are consistent with the intent that was proposed in the
NPRM for correcting the unsafe condition; and
     Do not add any additional burden upon the public than was
already proposed in the NPRM.
    We also determined that these changes will not increase the
economic burden on any operator or increase the scope of this AD.

Related Service Information Under 1 CFR Part 51

    We reviewed Boeing Special Attention Service Bulletin 737-32-1486,
dated November 6, 2014, as revised by SASB 737-32-1486, R1. The service
information describes procedures for identifying affected parts,
repetitive external surface detailed inspections for damage of affected
parts, and related investigative and corrective actions if necessary.
For certain airplanes, the service information describes procedures for
a detailed inspection and bushing replacement of the trunnion bore, and
related investigative and corrective actions. The service information
also describes procedures for certain airplanes for a detailed
inspection of the trunnion bore, and corrective actions. This service
information is reasonably available because the interested parties have
access to it through their normal course of business or by the means
identified in the ADDRESSES section.

Costs of Compliance

    We estimate that this AD affects 33 airplanes of U.S. registry.
    We estimate the following costs to comply with this AD:

                                                 Estimated Costs
----------------------------------------------------------------------------------------------------------------
                                                                                Cost on U.S.
             Action                     Labor cost          Parts cost     Cost per product        operators
----------------------------------------------------------------------------------------------------------------
External surface detailed        Up to 16 work-hours x                $0  $1,360 per          Up to $44,880 per
 inspection.                      $85 per hour = $1,360                    inspection cycle.   inspection cycle.
                                  per inspection cycle.
Outer cylinder assembly          70 work-hours x $85 per      Negligible  $5,950............  $196,350.
 trunnion bore detailed           hour = $5,950.
 inspection and bushing
 replacement (Groups 1-2,
 configuration 1).
----------------------------------------------------------------------------------------------------------------

    We estimate the following costs to do any necessary replacements
that would be required based on the results of the inspections. We have
no way of determining the number of aircraft that might need this
replacement.

                           On-Condition Costs
------------------------------------------------------------------------
                                                             Cost per
             Action                    Labor cost            product
------------------------------------------------------------------------
Outer cylinder assembly          28 work-hours x $85             $2,380
 replacement (if required as a    per hour = $2,380.
 result of the outer cylinder
 assembly trunnion bore
 detailed inspection).
------------------------------------------------------------------------

    We have received no definitive data that would enable us to provide
cost estimates for certain on-condition actions (MLG external surface
repair, MLG component replacement, outer cylinder repair, and MLG
replacement) specified in this AD.
    According to the manufacturer, some of the costs of this AD may be
covered under warranty, thereby reducing the cost impact on affected
individuals. We do not control warranty coverage for affected
individuals. As a result, we have included all costs in our cost
estimate.
    The previous information is based on known affected airplanes.
However, the MLG may have been overhauled outside of the Boeing
Exchange Program as specified in the ``Clarification of Affected MLGs''
section of this AD.

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, section 106, describes the
authority of the FAA Administrator. Subtitle VII: Aviation Programs,
describes in more detail the scope of the Agency's authority.
    We are issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701: ``General
requirements.'' Under that section, Congress charges the FAA with
promoting safe flight of civil aircraft in air commerce by prescribing
regulations for practices, methods, and procedures the Administrator
finds necessary for safety in air commerce. This regulation is within
the scope of that authority because it addresses an unsafe condition
that is likely to exist or develop on products identified in this
rulemaking action.

Regulatory Findings

    This AD will not have federalism implications under Executive Order
13132. This AD will not have a substantial direct effect on the States,
on the relationship between the national government and the States, or
on the distribution of power and responsibilities among the various
levels of government.
    For the reasons discussed above, I certify that this AD:
    (1) Is not a ``significant regulatory action'' under Executive
Order 12866,
    (2) Is not a ``significant rule'' under DOT Regulatory Policies and
Procedures (44 FR 11034, February 26, 1979),
    (3) Will not affect intrastate aviation in Alaska, and
    (4) Will not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.

List of Subjects in 14 CFR Part 39

    Air transportation, Aircraft, Aviation safety, Incorporation by
reference, Safety.

Adoption of the Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA amends 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

0
1. The authority citation for part 39 continues to read as follows:

    Authority:  49 U.S.C. 106(g), 40113, 44701.

Sec.  39.13   [Amended]

0
2. The FAA amends Sec.  39.13 by adding the following new airworthiness
directive (AD):

2017-04-11 The Boeing Company: Amendment 39-18806; Docket No. FAA-
2016-5468; Directorate Identifier 2015-NM-021-AD.

(a) Effective Date

    This AD is effective March 29, 2017.

(b) Affected ADs

    None.

(c) Applicability

    (1) This AD applies to all The Boeing Company Model 737-600, -
700, -700C, -800, and -900 series airplanes, certificated in any
category.
    (2) Installation of Supplemental Type Certificate (STC)
ST00830SE (http://rgl.faa.gov/Regulatory_and_Guidance_Library/rgstc.nsf/0/184DE9A71EC3FA5586257EAE00707DA6?OpenDocument&Highlight=st00830se)
does not affect the ability to accomplish the actions required by
this AD. Therefore, for airplanes on which STC ST00830SE is
installed, a ``change in product'' alternative method of compliance
(AMOC) approval request is not necessary to comply with the
requirements of 14 CFR 39.17.

(d) Subject

    Air Transport Association (ATA) of America Code 32, Landing
Gear.

(e) Unsafe Condition

    This AD was prompted by reports of paint deterioration on the
surface of the main landing gear (MLG) and early onset of corrosion
in the trunnion bore of the MLG outer cylinder. We are issuing this
AD to prevent stress corrosion cracking of the external surfaces of
the MLG, which could result in a fracture of the MLG and consequent
MLG collapse.

(f) Compliance

    Comply with this AD within the compliance times specified,
unless already done.

(g) Inspection for Affected Part/Serial Numbers

    At the applicable time specified in table 1 of paragraph 1.E.,
``Compliance,'' of Boeing Special Attention Service Bulletin 737-32-
1486, dated November 6, 2014, as revised by Boeing Special Attention
Service Bulletin 737-32-1486, Revision 1, dated April 1, 2015
(``SASB 737-32-1486, R1''), except as required by paragraph (k)(1)
of this AD: Do the actions specified in paragraphs (g)(1) and (g)(2)
of this AD in order to identify affected parts.
    (1) Inspect the MLG to determine if it has any component
installation or side strut assembly having a part number and serial
number listed in Appendix D of Boeing Special Attention Service
Bulletin 737-32-1486, dated November 6, 2014, as revised by SASB
737-32-1486, R1; except that the ``Variable Number'' column of
Appendix D is to be disregarded in determining affected part and
serial numbers. An MLG that has any MLG component installation or
side strut assembly having a part number and serial number listed in
Appendix D of Boeing Special Attention Service Bulletin 737-32-1486,
dated November 6, 2014, as revised by SASB 737-32-1486, R1 is an
affected part. A review of airplane maintenance records is
acceptable in lieu of this inspection if the part number and serial
number of the MLG component installation and side strut assembly can
be conclusively identified from that review.
    (2) Do a records review to determine if the MLG has been
overhauled by Messier Services Asia Pte Ltd (MS Asia) outside of the
Boeing Exchange program from June 1, 2009, to July 31, 2013. If it
is determined that the MLG has been overhauled by MS Asia outside of
the Boeing Exchange program from

June 1, 2009, to July 31, 2013, that MLG is an affected part. If
from the records review it cannot be conclusively determined that an
overhauled MLG was overhauled by a maintenance, repair, and overhaul
(MRO) facility other than MS Asia, or if from the records review it
cannot be conclusively determined that an MLG overhauled by MS Asia
was part of the Boeing Exchange Program from June 1, 2009, to July
31, 2013, that MLG is an affected part.

(h) Requirements for Affected Parts

    If any affected part is identified during the inspection or
records review required by paragraph (g) of this AD: At the
applicable time specified in table 3 of paragraph 1.E.,
``Compliance,'' of Boeing Special Attention Service Bulletin 737-32-
1486, dated November 6, 2014, as revised by SASB 737-32-1486, R1,
except as required by paragraph (k)(1) of this AD, do detailed
inspections of the external surfaces of the MLG, and do all
applicable related investigative and corrective actions, in
accordance with Parts 1, 3, and 4 of the Accomplishment Instructions
of Boeing Special Attention Service Bulletin 737-32-1486, dated
November 6, 2014, as revised by SASB 737-32-1486, R1, except as
required by paragraph (k)(2) of this AD. Repeat the inspections
thereafter at the applicable time specified in table 3 of paragraph
1.E., ``Compliance,'' of Boeing Special Attention Service Bulletin
737-32-1486, dated November 6, 2014, as revised by SASB 737-32-1486,
R1. All applicable related investigative and corrective actions must
be done before further flight.

(i) Additional Actions for Groups 1 and 2, Configuration 1 Airplanes

    For airplanes that are identified as Groups 1 and 2,
Configuration 1, in Boeing Special Attention Service Bulletin 737-
32-1486, dated November 6, 2014, as revised by SASB 737-32-1486, R1,
and that have an affected part identified during the inspection or
records review required by paragraph (g) of this AD: At the
applicable time specified in table 4 of paragraph 1.E,
``Compliance,'' of Boeing Special Attention Service Bulletin 737-32-
1486, dated November 6, 2014, as revised by SASB 737-32-1486, R1,
except as required by paragraph (k)(1) of this AD, do a detailed
inspection and bushing replacement of the MLG trunnion bore, and do
all applicable related investigative and corrective actions, in
accordance with Parts 2, 5, and 6 of the Accomplishment Instructions
of Boeing Special Attention Service Bulletin 737-32-1486, dated
November 6, 2014, as revised by SASB 737-32-1486, R1, except as
required by paragraph (k)(2) of this AD.

(j) Terminating Action

    (1) MLG replacement in accordance with Part 8 of the
Accomplishment Instructions of Boeing Special Attention Service
Bulletin 737-32-1486, dated November 6, 2014, as revised by SASB
737-32-1486, R1, terminates the requirements of paragraphs (g), (h),
and (i) of this AD for that MLG only.
    (2) MLG component replacement in accordance with Part 4 of the
Accomplishment Instructions of Boeing Special Attention Service
Bulletin 737-32-1486, dated November 6, 2014, as revised by SASB
737-32-1486, R1, terminates the requirements of paragraph (h) of
this AD for that component only.
    (3) MLG outer cylinder replacement in accordance with Part 7 of
the Accomplishment Instructions of Boeing Special Attention Service
Bulletin 737-32-1486, dated November 6, 2014, as revised by SASB
737-32-1486, R1, terminates the requirements of paragraph (i) of
this AD for that component only.

(k) Exceptions to Service Information Specifications

    (1) Where paragraph 1.E., ``Compliance,'' of Boeing Special
Attention Service Bulletin 737-32-1486, dated November 6, 2014, as
revised by SASB 737-32-1486, R1, specifies a compliance time ``after
the original issue date of this service bulletin,'' this AD requires
compliance within the specified compliance time after the effective
date of this AD.
    (2) Although Boeing Special Attention Service Bulletin 737-32-
1486, dated November 6, 2014, as revised by SASB 737-32-1486, R1,
specifies to contact Boeing for repair instructions, and specifies
that action as ``RC'' (Required for Compliance), this AD requires
repair before further flight using a method approved in accordance
with the procedures specified in paragraph (m) of this AD.

(l) Parts Installation Prohibition

    As of the effective date of this AD, no person may install the
following on any airplane identified in paragraph (c)(1) of this AD,
unless either the MLG or MLG component has first been overhauled as
specified in the corrective actions of paragraphs (h) and (i), as
applicable, of this AD, or the MLG or MLG component has been
overhauled using a method approved in accordance with the procedures
specified in paragraph (m) of this AD.
    (1) An MLG or MLG component having a part number and serial
number identified in Appendix D of SASB 737-32-1486, R1.
    (2) An MLG that was overhauled between June 1, 2009, and July
31, 2013, by MS Asia.

(m) Alternative Methods of Compliance (AMOCs)

    (1) The Manager, Seattle Aircraft Certification Office (ACO),
FAA, has the authority to approve AMOCs for this AD, if requested
using the procedures found in 14 CFR 39.19. In accordance with 14
CFR 39.19, send your request to your principal inspector or local
Flight Standards District Office, as appropriate. If sending
information directly to the manager of the ACO, send it to the
attention of the person identified in paragraph (n) of this AD.
Information may be emailed to<EMAIL_ADDRESS>    (2) Before using any approved AMOC, notify your appropriate
principal inspector, or lacking a principal inspector, the manager
of the local flight standards district office/certificate holding
district office.
    (3) An AMOC that provides an acceptable level of safety may be
used for any repair, modification, or alteration required by this AD
if it is approved by the Boeing Commercial Airplanes Organization
Designation Authorization (ODA) that has been authorized by the
Manager, Seattle ACO, to make those findings. To be approved, the
repair method, modification deviation, or alteration deviation must
meet the certification basis of the airplane, and the approval must
specifically refer to this AD.
    (4) Except as required by paragraph (k)(2) of this AD: For
service information that contains steps that are labeled as RC, the
provisions of paragraphs (m)(4)(i) and (m)(4)(ii) of this AD apply.
    (i) The steps labeled as RC, including substeps under an RC step
and any figures identified in an RC step, must be done to comply
with the AD. If a step or substep is labeled ``RC Exempt,'' then the
RC requirement is removed from that step or substep. An AMOC is
required for any deviations to RC steps, including substeps and
identified figures.
    (ii) Steps not labeled as RC may be deviated from using accepted
methods in accordance with the operator's maintenance or inspection
program without obtaining approval of an AMOC, provided the RC
steps, including substeps and identified figures, can still be done
as specified, and the airplane can be put back in an airworthy
condition.

(n) Related Information

    For more information about this AD, contact Alan Pohl, Aerospace
Engineer, Airframe Branch, ANM-120S, FAA, Seattle ACO, 1601 Lind
Avenue SW., Renton, WA 98057-3356; phone:<PHONE_NUMBER>; fax: 425-
917-6590; email<EMAIL_ADDRESS>
(o) Material Incorporated by Reference

    (1) The Director of the Federal Register approved the
incorporation by reference (IBR) of the service information listed
in this paragraph under 5 U.S.C. 552(a) and 1 CFR part 51.
    (2) You must use this service information as applicable to do
the actions required by this AD, unless the AD specifies otherwise.
    (i) Boeing Special Attention Service Bulletin 737-32-1486, dated
November 6, 2014.
    (ii) Boeing Special Attention Service Bulletin 737-32-1486,
Revision 1, dated April 1, 2015.
    (3) For Boeing service information identified in this AD,
contact Boeing Commercial Airplanes, Attention: Contractual & Data
Services (C&DS), 2600 Westminster Blvd., MC 110-SK57, Seal Beach, CA
90740-5600; telephone:<PHONE_NUMBER>; Internet: https://www.myboeingfleet.com.
    (4) You may view this service information at the FAA, Transport
Airplane Directorate, 1601 Lind Avenue SW., Renton, WA. For
information on the availability of this material at the FAA, call
425-227-1221.
    (5) You may view this service information that is incorporated
by reference at the National Archives and Records Administration
(NARA). For information on the availability of this material at
NARA, call<PHONE_NUMBER>, or go to: http://www.archives.gov/federal-register/cfr/ibr-locations.html.

    Issued in Renton, Washington, on February 8, 2017.
Michael Kaszycki,
Acting Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2017-03261 Filed 2-21-17; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 76, Number 86 (Wednesday, May 4, 2011)]
[Notices]
[Page 25402]
[FR Doc No: 2011-10637]

=======================================================================
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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Intent To Rule on Request To Release Airport Property
at Hammond Northshore Regional Airport, Hammond, LA

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of request to release airport property.

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SUMMARY: The FAA proposes to rule and invites public comment on the
release of land at the Hammond Northshore Regional Airport, Hammond,
Louisiana. The property consists of vacant land located on the corner
of Industrial Park Road and Shelton Road near the Hammond Northshore
Regional Airport just outside the city limits of Hammond, Louisiana.
The land in question was acquired by the city of Hammond, Louisiana on
September 8, 1948, through provisions of the Federal Property and
Administration Service Act of 1949 and the Surplus Property Act of
1944.
    As airport owner, the city of Hammond has requested to release a
parcel in an effort to obtain a control tower at the Hammond Northshore
Regional Airport. As part of this release, this parcel will change from
aeronautical to non-aeronautical use and be limited to some type of
commercial or industrial use under the provisions of Section 125 of the
Wendell H. Ford Aviation Investment Reform Act for the 215t Century
(AIR 21).

DATES: Comments must be received on or before June 3, 2011.

ADDRESSES: Comments on this application may be mailed or delivered to
the FAA at the following address: Mr. Lacey D. Spriggs, Federal
Aviation Administration, Southwest Region, Airports Division, Manager/
Louisiana/New Mexico Airports Development Office, ASW-640, 2601 Meacham
Boulevard, Fort Worth, Texas 76137.
    In addition, one copy of any comments submitted to the FAA must be
mailed or delivered to Mr. Bradley R. Brandt, Acting Aviation Director,
Louisiana Department of Transportation, at the following address: P.O.
Box 94245, Baton Rouge, Louisiana 70804.

FOR FURTHER INFORMATION CONTACT: Mr. Justin Barker, Federal Aviation
Administration, Program Manager/Louisiana/New Mexico Airports
Development, Office, ASW-640, 2601 Meacham Boulevard, Fort Worth, Texas
76137.
    The request to release property may be reviewed in person at this
same location.

SUPPLEMENTARY INFORMATION: The FAA invites public comment on the
request to release property at the Hammond Northshore Regional Airport
under the provisions of the AIR 21.
    The following is a brief overview of the request:
    As airport owner, the city of Hammond has requested to release a
parcel comprised of 17.01 acres that was acquired under the 1945
acquisition of property with aeronautical rights attached. The release
of property will not adversely affect the Hammond Northshore Regional
Airport because the parcel is located immediately east of the airport
on the on Industrial Park Road. The parcel is separated from the
airport by Industrial Park Road. This property was part of the Runway
Protection Zone for Runway 22 which is no longer in use and can never
be used for airport purposes. The sale is estimated to provide
$545,000.00 to be used for construction of a new control tower at the
airport. In the event that the proposed control tower project is not
funded, the city of Hammond has provided written concent that the
proceeds of this land release will be used for other needed airport
improvements at the Hammond Northshore Regional Airport.
    Any person may inspect the request in person at the FAA office
listed above under FOR FURTHER INFORMATION CONTACT.
    In addition, any person may, upon request, inspect the application,
notice and other documents germane to the application in person at the
Hammond Northshore Regional Airport.

    Issued in Fort Worth, Texas on April 1, 2011.
Kelvin L. Solco,
Manager, Airports Division.
[FR Doc. 2011-10637 Filed 5-3-11; 8:45 am]
BILLING CODE M


[Federal Register Volume 77, Number 197 (Thursday, October 11, 2012)]
[Notices]
[Pages 61804-61808]
[FR Doc No: 2012-24957]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-67985; File No. SR-NYSEArca-2012-92]

Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting
Approval of Proposed Rule Change Relating to the Listing and Trading of
iShares 2018 S&P AMT-Free Municipal Series and iShares 2019 S&P AMT-
Free Municipal Series Under NYSE Arca Equities Rule 5.2(j)(3),
Commentary .02

October 4, 2012.

I. Introduction

    On August 16, 2012, NYSE Arca, Inc. (``Exchange'' or ``NYSE Arca'')
filed with the Securities and Exchange Commission (``Commission''),
pursuant

to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'')
\1\ and Rule 19b-4 thereunder,\2\ a proposed rule change to list and
trade shares (``Shares'') of the iShares 2018 S&P AMT-Free Municipal
Series (``2018 Fund'') and iShares 2019 S&P AMT-Free Municipal Series
(``2019 Fund'' and, collectively, ``Funds''). The proposed rule change
was published for comment in the Federal Register on August 30,
2012.\3\ The Commission received no comments on the proposed rule
change. This order grants approval of the proposed rule change.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 67729 (August 24,
2012), 77 FR 52776 (``Notice'').
---------------------------------------------------------------------------

II. Description of the Proposed Rule Change

    The Exchange proposes to list and trade Shares of the Funds
pursuant to NYSE Arca Equities Rule 5.2(j)(3), Commentary .02, which
governs the listing and trading of Investment Company Units (``Units'')
based on fixed income securities indexes. The Funds are two series of
iShares Trust (``Trust'').\4\ Blackrock Fund Advisors (``Investment
Adviser'') is the investment adviser for the Funds. SEI Investments
Distribution Co. is the Funds' distributor (``Distributor'').
---------------------------------------------------------------------------

    \4\ The Trust is registered under the Investment Company Act of
1940 (``1940 Act''). On June 29, 2012, the Trust filed with the
Commission Post-Effective Amendment No. 745 (with respect to the
2018 Fund, ``2018 Registration Statement'') and Post-Effective
Amendment No. 746 (with respect to the 2019 Fund, ``2019
Registration Statement'') to the Trust's registration statement on
Form N-1A under the Securities Act of 1933 and the 1940 Act (File
Nos. 333-92935 and 811-09729) (collectively, ``Registration
Statements''). In addition, the Commission has issued an order
granting certain exemptive relief to the Trust under the 1940 Act.
See Investment Company Act Release No. 27608 (December 21, 2006)
(File No. 812-13208).
---------------------------------------------------------------------------

iShares 2018 S&P AMT-Free Municipal Series

    The 2018 Fund will seek investment results that correspond
generally to the price and yield performance, before fees and expenses,
of the S&P AMT-Free Municipal Series 2018 Index\TM\ (``2018
Index'').\5\ The 2018 Fund will not seek to return any predetermined
amount at maturity. The 2018 Index measures the performance of
investment-grade U.S. municipal bonds maturing in 2018. According to
the Exchange, as of May 1, 2012, there were 1,443 issues in the 2018
Index.
---------------------------------------------------------------------------

    \5\ Each of the 2018 Index and 2019 Index (as defined below)
(collectively, ``Underlying Indexes'') is sponsored by an
organization (``Index Provider'') that is independent of the Funds
and the Investment Adviser. The Index Provider determines the
composition and relative weightings of the securities in the
Underlying Indexes and publishes information regarding the market
value of the Underlying Indexes. The Index Provider with respect to
the Underlying Indexes is Standard & Poor's Financial Services LLC
(a subsidiary of The McGraw-Hill Companies) (``S&P''). The Index
Provider is not a broker-dealer or affiliated with a broker-dealer
and has implemented procedures designed to prevent the use and
dissemination of material, non-public information regarding the
Underlying Indexes.
---------------------------------------------------------------------------

    The 2018 Index includes municipal bonds primarily from issuers that
are state or local governments or agencies (including the Commonwealth
of Puerto Rico and U.S. territories such as the U.S. Virgin Islands and
Guam) such that the interest on the bonds is exempt from U.S. federal
income taxes and the federal alternative minimum tax (``AMT'').
According to the exchange, each bond eligible for inclusion in the 2018
Index must have a rating of at least BBB- by S&P, Baa3 by Moody's
Investors Service, Inc. (``Moody's''), or BBB- by Fitch, Inc., and must
have a minimum maturity par amount of $2 million. To remain in the 2018
Index, bonds must maintain a minimum par amount greater than or equal
to $2 million as of each rebalancing date. All bonds in the 2018 Index
will mature between June 1 and August 31 of 2018. When a bond matures
in the 2018 Index, an amount representing its value at maturity will be
included in the 2018 Index throughout the remaining life of the 2018
Index, and any such amount will be assumed to earn a rate equal to the
performance of the S&P's Weekly High Grade Index, which consists of
Moody's Investment Grade-1 municipal tax-exempt notes that are not
subject to federal AMT. By August 31, 2018, the 2018 Index is expected
to consist entirely of cash carried in this manner. The 2018 Index is a
market value weighted index and is rebalanced after the close on the
last business day of each month.
    The Exchange submitted this proposed rule change because the 2018
Index for the 2018 Fund does not meet all of the ``generic'' listing
requirements of Commentary .02(a) to NYSE Arca Equities Rule 5.2(j)(3)
applicable to the listing of Units based on fixed income securities
indexes. The 2018 Index meets all such requirements except for those
set forth in Commentary .02(a)(2).\6\ Specifically, as of May 1, 2012,
only 9.95% of the weight of the 2018 Index components have a minimum
original principal amount outstanding of $100 million or more.
---------------------------------------------------------------------------

    \6\ Commentary .02(a)(2) to NYSE Arca Equities Rule 5.2(j)(3)
provides that components that in the aggregate account for at least
75% of the weight of the index or portfolio each shall have a
minimum original principal amount outstanding of $100 million or
more.
---------------------------------------------------------------------------

    According to the Exchange, the 2018 Fund generally will invest at
least 80% of its assets in the securities of the 2018 Index, except
during the last months of such Fund's operations, as described below.
The 2018 Fund may at times invest up to 20% of its assets in cash and
cash equivalents (including money market funds affiliated with the
Investment Adviser), as well as in municipal bonds not included in the
2018 Index, but which the Investment Adviser believes will help the
2018 Fund track the 2018 Index. For example, the 2018 Fund may invest
in municipal bonds not included in the 2018 Index in order to reflect
prospective changes in the 2018 Index (such as 2018 Index
reconstitutions, additions, and deletions). The 2018 Fund will
generally hold municipal bond securities issued by state and local
municipalities whose interest payments are exempt from U.S. federal
income tax, the federal AMT and, effective beginning in 2013, a federal
Medicare contribution tax of 3.8% on ``net investment income,''
including dividends, interest, and capital gains. In addition, the 2018
Fund may invest any cash assets in one or more affiliated municipal
money market funds. In the last months of operation, as the bonds held
by the 2018 Fund mature, the proceeds will not be reinvested in bonds
but instead will be held in cash and cash equivalents, including
without limitation, AMT-free tax-exempt municipal notes, variable rate
demand notes and obligations, tender option bonds, and municipal
commercial paper. These cash equivalents may not be included in the
2018 Index. On or about August 31, 2018, the 2018 Fund will wind up and
terminate, and its net assets will be distributed to then-current
shareholders.

iShares 2019 S&P AMT-Free Municipal Series

    The 2019 Fund will seek investment results that correspond
generally to the price and yield performance, before fees and expenses,
of the S&P AMT-Free Municipal Series 2019 Index\TM\ (``2019
Index'').\7\ The 2019 Fund will not seek to return any predetermined
amount at maturity. The 2019 Index measures the performance of
investment-grade U.S. municipal bonds maturing in 2019. As of May 1,
2012, there were 1,157 issues in the 2019 Index.
---------------------------------------------------------------------------

    \7\ S&P is the 2019 Fund's Index Provider. See note 5, supra.
---------------------------------------------------------------------------

    The 2019 Index includes municipal bonds primarily from issuers that
are

state or local governments or agencies (including the Commonwealth of
Puerto Rico and U.S. territories such as the U.S. Virgin Islands and
Guam) such that the interest on the bonds is exempt from U.S. federal
income taxes and the federal AMT. According to the Exchange, each bond
must have a rating of at least BBB- by S&P, Baa3 by Moody's, or BBB- by
Fitch, Inc. and must have a minimum maturity par amount of $2 million
to be eligible for inclusion in the 2019 Index. To remain in the 2019
Index, bonds must maintain a minimum par amount greater than or equal
to $2 million as of each rebalancing date. All bonds in the 2019 Index
will mature between June 1 and August 31 of 2019. When a bond matures
in the 2019 Index, an amount representing its value at maturity will be
included in the 2019 Index throughout the remaining life of the 2019
Index, and any such amount will be assumed to earn a rate equal to the
performance of the S&P's Weekly High Grade Index, which consists of
Moody's Investment Grade-1 municipal tax-exempt notes that are not
subject to federal AMT. By August 31, 2019, the 2019 Index is expected
to consist entirely of cash carried in this manner. The 2019 Index is a
market value weighted index and is rebalanced after the close on the
last business day of each month.
    The Exchange submitted this proposed rule change because the 2019
Index for the 2019 Fund does not meet all of the ``generic'' listing
requirements of Commentary .02(a) to NYSE Arca Equities Rule 5.2(j)(3)
applicable to listing of Units based on fixed income securities
indexes. The 2019 Index meets all such requirements except for those
set forth in Commentary .02(a)(2).\8\ Specifically, as of May 1, 2012,
9.62% of the weight of the 2019 Index components have a minimum
original principal amount outstanding of $100 million or more.
---------------------------------------------------------------------------

    \8\ See note 6, supra.
---------------------------------------------------------------------------

    According to the Exchange, the 2019 Fund generally will invest at
least 80% of its assets in the securities of the 2019 Index, except
during the last months of the 2019 Fund's operations, as described
below. The Fund may at times invest up to 20% of its assets in cash and
cash equivalents (including money market funds affiliated with the
Investment Adviser), as well as in municipal bonds not included in the
2019 Index, but which the Investment Adviser believes will help the
2019 Fund track the 2019 Index. For example, the 2019 Fund may invest
in municipal bonds not included in the 2019 Index in order to reflect
prospective changes in the 2019 Index (such as 2019 Index
reconstitutions, additions, and deletions). The 2019 Fund will
generally hold municipal bond securities issued by state and local
municipalities whose interest payments are exempt from U.S. federal
income tax, the federal AMT and, effective beginning in 2013, a federal
Medicare contribution tax of 3.8% on ``net investment income,''
including dividends, interest, and capital gains. In addition, the 2019
Fund may invest any cash assets in one or more affiliated municipal
money market funds. In the last months of operation, as the bonds held
by the 2019 Fund mature, the proceeds will not be reinvested in bonds
but instead will be held in cash and cash equivalents, including
without limitation, AMT-free tax-exempt municipal notes, variable rate
demand notes and obligations, tender option bonds, and municipal
commercial paper. These cash equivalents may not be included in the
2019 Index. On or about August 31, 2019, the 2019 Fund will wind up and
terminate, and its net assets will be distributed to then-current
shareholders.
    Additional information regarding the Trust, the Funds, and the
Shares, including investment strategies, risks, creation and redemption
procedures, fees, portfolio holdings disclosure policies,
distributions, and taxes, among other things, is included in the Notice
and Registration Statements, as applicable.\9\
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    \9\ See Notice and Registration Statements, supra notes 3 and 4,
respectively.
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III. Discussion and Commission's Findings

    After careful review, the Commission finds that the proposed rule
change is consistent with the requirements of Section 6 of the Act \10\
and the rules and regulations thereunder applicable to a national
securities exchange.\11\ In particular, the Commission finds that the
proposal is consistent with Section 6(b)(5) of the Act,\12\ which
requires, among other things, that the Exchange's rules be designed to
promote just and equitable principles of trade, to remove impediments
to and perfect the mechanism of a free and open market and a national
market system, and, in general, to protect investors and the public
interest. The Commission notes that the Funds and the Shares must
comply with the requirements of NYSE Arca Equities Rules 5.2(j)(3) and
5.5(g)(2) to be listed and traded on the Exchange.
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    \10\ 15 U.S.C. 78f.
    \11\ In approving this proposed rule change, the Commission has
considered the proposed rule's impact on efficiency, competition,
and capital formation. See 15 U.S.C. 78c(f).
    \12\ 17 U.S.C. 78f(b)(5).
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    The Commission finds that the proposal to list and trade the Shares
on the Exchange is consistent with Section 11A(a)(1)(C)(iii) of the
Act,\13\ which sets forth Congress' finding that it is in the public
interest and appropriate for the protection of investors and the
maintenance of fair and orderly markets to assure the availability to
brokers, dealers, and investors of information with respect to
quotations for, and transactions in, securities. Quotation and last-
sale information for the Shares will be available via the Consolidated
Tape Association (``CTA'') high-speed line. The 2018 Index and 2019
Index values, calculated and disseminated at least once daily, as well
as the components of the 2018 Index and 2019 Index and their percentage
weightings, will be available from major market data vendors. In
addition, an Intraday Indicative Value (``IIV'') for the Shares of each
Fund will be disseminated at least every 15 seconds during the Core
Trading Session (9:30 a.m. to 4 p.m. Eastern Time) by one or more major
market data vendors.\14\ Information regarding market price and trading
volume of the Shares will be continually available on a real-time basis
throughout the day on brokers' computer screens and other electronic
services. The Funds' Web site at www.iShares.com will also include a
form of the prospectus for the Funds, information relating to net asset
value (``NAV''), and other applicable quantitative information.
Additionally, the portfolio of securities held by the Funds will be
disclosed on the Funds' Web site daily after the close of trading on
the Exchange and prior to the opening of trading on the Exchange the
following day.
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    \13\ 15 U.S.C. 78k-1(a)(1)(C)(iii).
    \14\ See NYSE Arca Equities Rule 5.2(j)(3), Commentary .02(c).
According to the Exchange, several major market data vendors widely
disseminate IIVs taken from the CTA or other data feeds. See Notice,
supra note 3, at 52778, n.12.
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    The Commission believes that the proposal to list and trade the
Shares is reasonably designed to promote fair disclosure of information
that may be necessary to price the Shares appropriately and to prevent
trading when a reasonable degree of transparency cannot be assured. The
Exchange states that the Index Provider is not a broker-dealer or
affiliated with a broker-dealer, and has implemented procedures
designed to prevent the use and dissemination of material, non-public
information regarding the

Underlying Indexes.\15\ Prior to the commencement of trading, the
Exchange will inform its Equity Trading Permit Holders in an
Information Bulletin of the special characteristics and risks
associated with trading the Shares. With respect to trading halts, if
the Exchange becomes aware that the NAV is not being disseminated to
all market participants at the same time, it will halt trading in the
Shares until such time as the NAV is available to all market
participants. In addition, the Exchange may consider all relevant
factors in exercising its discretion to halt or suspend trading in the
Shares of the Funds. Trading may be halted because of market conditions
or for reasons that, in the view of the Exchange, make trading in the
Shares inadvisable. The Exchange represents that, if the IIV or the
Underlying Index values are not being disseminated as required, the
Exchange may halt trading during the day in which the interruption to
the dissemination of the applicable IIV or Underlying Index value
occurs. If the interruption to the dissemination of the applicable IIV
or Underlying Index value persists past the trading day in which it
occurred, the Exchange will halt trading. Moreover, trading in Shares
of the Funds will be halted if the circuit breaker parameters in NYSE
Arca Equities Rule 7.12 have been reached or because of market
conditions or for reasons that, in the view of the Exchange, make
trading in the Shares inadvisable. Further, trading in the Shares will
be subject to NYSE Arca Equities Rule 7.34, which sets forth additional
circumstances under which Shares of the Funds may be halted. The
Exchange states that it has in place surveillance procedures that are
adequate to properly monitor trading in the Shares in all trading
sessions and to deter and detect violations of Exchange rules and
applicable federal securities laws. The Exchange may obtain information
via the Intermarket Surveillance Group (``ISG'') from other exchanges
that are members of ISG or with which the Exchange has entered into a
comprehensive surveillance sharing agreement.
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    \15\ The Commission also notes that an investment adviser to an
open-end fund is required to be registered under the Investment
Advisers Act of 1940 (``Advisers Act''). As a result, the Investment
Adviser and its personnel are subject to the provisions of Rule
204A-1 under the Advisers Act relating to codes of ethics. This Rule
requires investment advisers to adopt a code of ethics that reflects
the fiduciary nature of the relationship to clients as well as
compliance with other applicable securities laws. Accordingly,
procedures designed to prevent the communication and misuse of non-
public information by an investment adviser must be consistent with
Rule 204A-1 under the Advisers Act. In addition, Rule 206(4)-7 under
the Advisers Act makes it unlawful for an investment adviser to
provide investment advice to clients unless such investment adviser
has (i) adopted and implemented written policies and procedures
reasonably designed to prevent violation, by the investment adviser
and its supervised persons, of the Advisers Act and the Commission
rules adopted thereunder; (ii) implemented, at a minimum, an annual
review regarding the adequacy of the policies and procedures
established pursuant to subparagraph (i) above and the effectiveness
of their implementation; and (iii) designated an individual (who is
a supervised person) responsible for administering the policies and
procedures adopted under subparagraph (i) above.
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    Based on the Exchange's representations, the Commission believes
that both the 2018 Index and 2019 Index are sufficiently broad-based
and liquid to deter potential manipulation. As of May 1, 2012, there
were 1,443 issues in the 2018 Index and 1,157 issues in the 2019 Index.
As of the same date, 81.50% of the weight of the 2018 Index components
and 81.66% of the weight of the 2019 Index components were comprised of
individual maturities that were part of an entire municipal bond
offering with a minimum original principal amount outstanding of $100
million or more for all maturities of the offering. In addition, the
total dollar amount outstanding of issues in the 2018 Index was
approximately $16.59 billion, and the average dollar amount outstanding
of issues in the 2018 Index was approximately $11.50 million. The total
dollar amount outstanding of issues in the 2019 Index was approximately
$13.50 billion, and the average dollar amount outstanding of issues in
the 2019 Index was approximately $11.67 million. Further, the most
heavily weighted component represents 4.06% of the weight of the 2018
Index, and the five most heavily weighted components represent 8.20% of
the weight of the 2018 Index.\16\ The most heavily weighted component
represents 3.67% of the weight of the 2019 Index, and the five most
heavily weighted components represent 9.62% of the weight of the 2019
Index.\17\ In addition, the average daily notional trading volume for
2018 Index components for the period April 1, 2011 to April 30, 2012
was $12,417,528, and the sum of the notional trading volumes for the
same period was approximately $3.38 billion. The average daily notional
trading volume for 2019 Index components for the period April 1, 2011
to April 30, 2012 was $14,434,454, and the sum of the notional trading
volumes for the same period was approximately $3.93 billion. As of May
1, 2012, 54.78% of the 2018 Index weight and 52.52% of the 2019 Index
weight consisted of issues with a rating of AA/Aa2 or higher.
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    \16\ Commentary .02(a)(4) to NYSE Arca Equities Rule 5.2(j)(3)
provides that no component fixed-income security (excluding Treasury
Securities and GSE Securities, as defined therein) shall represent
more than 30% of the weight of the index or portfolio, and the five
most heavily weighted component fixed-income securities in the index
or portfolio shall not in the aggregate account for more than 65% of
the weight of the index or portfolio.
    \17\ See id.
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    In support of this proposal, the Exchange has made representations,
including:
    (1) Except for Commentary .02(a)(2) to NYSE Arca Equities Rule
5.2(j)(3), the Shares of the Funds currently satisfy all of the generic
listing standards under NYSE Arca Equities Rule 5.2(j)(3).
    (2) The continued listing standards under NYSE Arca Equities Rules
5.2(j)(3) and 5.5(g)(2) applicable to Units shall apply to the Shares.
    (3) The Shares will comply with all other requirements applicable
to Units including, but not limited to, requirements relating to the
dissemination of key information, such as the value of the Underlying
Indexes and the applicable value of the IIV, rules governing the
trading of equity securities, trading hours, trading halts,
surveillance, information barriers, and the Information Bulletin to
Equity Trading Permit Holders (each as described in more detail herein
and in the Notice and Registration Statements, as applicable), as set
forth in Exchange rules applicable to Units and prior Commission orders
approving the generic listing rules applicable to the listing and
trading of Units.
    (4) The Exchange has in place surveillance procedures that are
adequate to properly monitor trading in the Shares in all trading
sessions and to deter and detect violations of Exchange rules and
applicable federal securities laws.
    (5) For initial and continued listing of the Shares, the Trust is
required to comply with Rule 10A-3 under the Act.\18\
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    \18\ See 17 CFR 240.10A-3.
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    (6) The 2018 Fund generally will invest at least 80% of its assets
in the securities of the 2018 Index, and the 2019 Fund generally will
invest at least 80% of its assets in the securities of the 2019 Index.
    (7) The Investment Adviser expects that over time each Fund's
tracking error \19\ will not exceed 5%.
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    \19\ Tracking error is the difference between the performance
(return) of a Fund's portfolio and that of the applicable Underlying
Index.
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    (8) The 2018 Fund may at times invest up to 20% of its assets in
cash and cash equivalents (including money market funds affiliated with
the Investment

Adviser), as well as in municipal bonds not included in the 2018 Index,
but which Investment Adviser believes will help the 2018 Fund track the
2018 Index. The 2019 Fund may at times invest up to 20% of its assets
in cash and cash equivalents (including money market funds affiliated
with Investment Adviser), as well as in municipal bonds not included in
the 2019 Index, but which the Investment Adviser believes will help the
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2019 Fund track the 2019 Index.

This approval order is based on all of the Exchange's representations,
including those set forth above and in the Notice, and the Exchange's
description of the Funds.

    For the foregoing reasons, the Commission finds that the proposed
rule change is consistent with Section 6(b)(5) of the Act \20\ and the
rules and regulations thereunder applicable to a national securities
exchange.
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    \20\ 15 U.S.C. 78f(b)(5).
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IV. Conclusion

    It is therefore ordered, pursuant to Section 19(b)(2) of the
Act,\21\ that the proposed rule change (SR-NYSEArca-2012-92) be, and it
hereby is, approved.
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    \21\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\22\
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    \22\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-24957 Filed 10-10-12; 8:45 am]
BILLING CODE 8011-01-P