[Federal Register: December 20, 1999 (Volume 64, Number 243)]
[Notices]               
[Page 71190]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20de99-129]                         

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33829]

 
Green Mountain Railroad Corporation--Acquisition and Operation 
Exemption--Certain Rights of Boston and Maine Corporation

    Green Mountain Railroad Corporation (GMRC), a Class III common 
carrier by rail, has filed a verified notice of exemption under 49 CFR 
1150, Subpart D--Exempt Transactions, to acquire from Boston and Maine 
Corporation (B&M) an exclusive freight railroad operations easement 
(Freight Easement) over a line of railroad extending between 
approximately milepost 123 in White River Junction, VT, and 
approximately milepost 163 in Wells River, VT, a total distance of 
approximately 40 rail miles, in Windsor and Orange Counties, VT 
(Subject Line).
    This transaction is related to a concurrently filed verified notice 
of exemption filed in STB Finance Docket No. 33830, State of Vermont--
Acquisition Exemption--Certain Assets of Boston and Maine Corporation 
and Springfield Terminal Railway Company.\1\
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    \1\ The State of Vermont (Vermont) simultaneously filed a motion 
to dismiss the notice of exemption. The Board will address the 
jurisdictional issue raised by the motion to dismiss in a separate 
decision.
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    Pursuant to a Purchase and Sale Agreement to be entered into by and 
between Vermont, B&M, and Springfield Terminal Railway Company (STR), 
Vermont will acquire B&M's right, title, and ownership interest, and 
STR's leasehold interest, in the right-of-way, trackage, and other 
physical assets associated with the Subject Line. GMRC will acquire the 
freight operating easement retained by B&M and provide freight service 
over the Subject Line.
    Consummation of this transaction is expected to occur on or after 
December 10, 1999, the effective date of the exemption.
    This notice is filed under 49 CFR 1150.41. If the notice contains 
false or misleading information, the exemption is void ab initio. 
Petitions to revoke the exemption under 49 U.S.C. 10502(d) may be filed 
at any time. The filing of a petition to revoke will not automatically 
stay the transaction. An original and 10 copies of all pleadings, 
referring to STB Finance Docket No. 33829, must be filed with the 
Surface Transportation Board, Office of the Secretary, Case Control 
Unit, 1925 K Street, NW, Washington, DC 20423-0001. In addition, a copy 
of each pleading must be served on Andrew P. Goldstein, McCarthy 
Sweeney & Harkaway PC, 1750 Pennsylvania Avenue NW, Suite 1105, 
Washington, DC 20006.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: December 10, 1999.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-32901 Filed 12-17-99; 8:45 am]
BILLING CODE 4915-00-P