[Federal Register: February 28, 2007 (Volume 72, Number 39)]
[Notices]               
[Page 9076]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr28fe07-120]                         

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 35000]

 
TRI Railroad, LLC--Acquisition and Operation Exemption--TRI 
Owners Association

    Tri Railroad, LLC (Railroad), a noncarrier, has filed a verified 
notice of exemption under 49 CFR 1150.31 to acquire from Tri Owners 
Association (Owners), and operate two track segments as follows: (1) 
Track A, which extends from point of connection with Union Pacific 
Railroad Company (UP) at Engineering Station 1+59 near UP milepost 
259.20 to Engineering Station 123+74 at the end of track at or near 
Tahoe/Reno Industrial Center, a distance of approximately 12,215 track 
feet or 2.31 miles; and (2) Track B, which parallels Track A for a 
distance of approximately 2,202 track feet or .42 miles, for a total of 
14,417 track feet or 2.73 miles, all located in Patrick, Storey County, 
NV.\1\
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    \1\ According to Railroad, the line does not have mileposts.
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    Railroad states that, in addition to connecting with UP, the rail 
line will also connect with BNSF Railway Company (BNSF) at Patrick. 
According to Railroad, UP owns the connecting trackage at Patrick, but 
BNSF has trackage rights over UP's trackage and will be able to 
interchange traffic with Railroad. Railroad further states that, 
although the line has been owned and operated by Owners as private 
track, an agreement has been reached where Owners has agreed to convey 
the line to its affiliated corporation, Railroad, for operation as a 
common carrier rail line.
    Railroad certifies that its projected annual revenues as a result 
of the transaction will not exceed those that would qualify it as a 
Class III rail carrier and will not exceed $5 million.
    The earliest this transaction may be consummated is the March 18, 
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 9, 2007 (at least 
7 days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 35000, must be filed with the Surface Transportation 
Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Thomas F. McFarland, 208 South 
LaSalle St., Suite 1890, Chicago, IL 60604-1112.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov
.


    Decided: February 21, 2007.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7-3472 Filed 2-27-07; 8:45 am]

BILLING CODE 4915-01-P