[Federal Register: March 5, 2007 (Volume 72, Number 42)]
[Notices]               
[Page 9832]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05mr07-106]                         

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34999]

 
Idaho & Sedalia Transportation Company, LLC--Lease Exemption--RCL 
Rocks, LLC

    Idaho & Sedalia Transportation Company, LLC (I&S), a noncarrier, 
has filed a verified notice of exemption under 49 CFR 1150.31 to 
acquire (by lease), pursuant to an agreement with RCL Rocks, LLC (RCL), 
approximately 5.5 miles of rail line, located at Union Pacific Railroad 
Company's Valentine Subdivision, milepost 741, near Sierra Blanca, TX.
    The issue line comprises the East Leg Wye, the West Leg Wye, the 
Meridian Aggregate Lead, and the Long Runaround and Short Runaround 
Tracks beginning at milepost 741. The line is further identified as 
Track Numbers 790, 791, 792, 793, 794, and 795. I&S is leasing the line 
from RCL for continued rail operations. I&S states that the lease will 
not result in significant changes in carrier operations.
    I&S certifies that its projected annual revenues as a result of the 
transaction will not exceed $5 million and will not result in the 
creation of a Class II or Class I carrier. I&S states that it intends 
to consummate the transaction and effectuate the lease in April 2007 or 
before then. The earliest this transaction may be consummated is the 
March 23, 2007 effective date of the exemption (30 days after the 
exemption was filed).
    If the verified 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. 
Petitions for stay must be filed no later than March 16, 2007 (at least 
7 days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34999, must be filed with the Surface Transportation 
Board, 395 E Street, SW., Washington, DC 20423. In addition, a copy of 
each pleading must be served on W. Robert Dyer, Jr., Gardere Wynne 
Sewell, LLP, 1601 Elm Street, Suite 3000, Dallas, TX 75201.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov
.


    Decided: February 23, 2007.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
 [FR Doc. E7-3567 Filed 3-2-07; 8:45 am]

BILLING CODE 4915-01-P