[Federal Register: October 17, 2006 (Volume 71, Number 200)]
[Notices]               
[Page 61139]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17oc06-153]                         

-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34927]

 
Coast Belle Rail Corp. d/b/a Santa Maria Valley Railroad--Lease 
and Operation Exemption--Line of Coast Belle Rail, LLC

    Coast Belle Rail Corp. d/b/a Santa Maria Valley Railroad (CBRC), a 
noncarrier, has filed a verified notice of exemption under 49 CFR 
1150.31 to operate approximately 8.74 miles of rail line owned by Coast 
Belle Rail, LLC. The line extends between milepost 3.26 near Guadalupe, 
CA, and milepost 9.0 at Santa Maria, CA, and includes the Airbase 
branch between milepost 9A at Santa Maria and milepost 12A. In the 
notice, CBRC also seeks to lease by assignment and operate 4.26 miles 
of rail line between milepost 0.0 and milepost 3.26, including the 
branch between milepost 3A at Betteravia Junction southeast and 
milepost 4A in Betteravia, CA, all located in Santa Barbara County, CA. 
The lease of this line of railroad, owned by the Union Pacific Railroad 
Company and presently leased to Santa Maria Valley Railroad Company, is 
being assigned to CBRC. CBRC will operate a total of 13.0 miles of rail 
line.
    CBRC 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.
    The transaction was scheduled to be consummated on or soon after 
September 26, 2006, the effective date of the exemption (7 days after 
the exemption was filed).
    This transaction is related to a concurrently filed verified notice 
of exemption in STB Finance Docket No. 34923, Coast Belle Rail, LLC--
Acquisition Exemption--Santa Maria Valley Railroad Company. In that 
proceeding, Coast Belle Rail, LLC seeks to acquire the 8.74 miles of 
rail line in Santa Barbara County, CA, that CBRC seeks to operate.
    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.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34927, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Sidney L. Strickland, Jr., 
Sidney Strickland and Associates, PLLC, 3050 K Street, NW., Suite 101, 
Washington, DC 20007.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov
.


    Decided: October 6, 2006.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E6-17144 Filed 10-13-06; 8:45 am]

BILLING CODE 4915-01-P