[Federal Register: September 15, 2006 (Volume 71, Number 179)]
[Notices]
[Page 54550-54551]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15se06-100]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34912]
Chattahoochee Bay Railroad, Inc.--Acquisition and Operation
Exemption--Certain Assets of H&S Railroad Company, Inc., and
Chattahoochee & Gulf Railroad Co., Inc.
Chattahoochee Bay Railroad, Inc. (CBRR),\1\ a noncarrier, has filed
a verified notice of exemption under 49 CFR 1150.31 to acquire (by
purchase) and operate certain rail assets of H&S Railroad Company, Inc.
(H&S), and Chattahoochee & Gulf Railroad Co., Inc. (CHAT),\2\ Class III
rail carriers.\3\
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\1\ CBRR is a wholly owned subsidiary of Genesee & Wyoming Inc.
(GWI).
\2\ H&S is owned and controlled by H. Peter and Linda C.
Claussen (collectively, the Claussens). CHAT is owned and controlled
by the Gulf & Ohio Railways Holding Co., Inc., which is owned by the
Claussens.
\3\ This proceeding is related to STB Finance Docket No. 34913,
Genesee & Wyoming Inc.--Continuance in Control Exemption--
Chattahoochee Bay Railroad, Inc., wherein GWI, a noncarrier holding
company, has simultaneously filed a petition for exemption to
continue in control of CBRR upon CBRR's becoming a rail carrier.
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Pursuant to an Asset Purchase Agreement entered into by and among
CBRR, CHAT, and H&S, CBRR will acquire: (1) Approximately 24.2 miles of
rail line owned and operated by CHAT extending from approximately
milepost 382.0, at or near Dothan, in Houston County, AL, through Henry
County, AL, to approximately milepost 357.8, at or near Hilton, in
Early County, GA (the
[[Page 54551]]
CHAT Line); \4\ and (2) H&S's exclusive freight rail easement over an
approximately 4-mile line of railroad between approximately milepost
382 at Dothan, and approximately milepost 386 at Taylor, in Houston
County, AL (the H&S Line).\5\ CBRR states that the CHAT Line and the
H&S Line physically connect at Dothan, and CBRR will operate them as
one continuous rail line. The total distance of rail lines to be
purchased and operated by CBRR is approximately 28 miles. In addition,
CBRR will acquire CHAT's incidental overhead trackage rights over
approximately 2.8 miles of Central of Georgia Railroad Company's line
of railroad between approximately milepost 357.8 and approximately
milepost 355 near Hilton, for the purpose of interchange with the
Chattahoochee Industrial Railroad. CBRR also will acquire by assignment
the interests of H&S and CHAT in an agreement that gives H&S trackage
rights over the CHAT Line between approximately milepost 382 and
approximately milepost 378.88 near Dothan, for the purpose of
interchange with CHAT.\6\
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\4\ CHAT acquired the rail line from Central of Georgia Railroad
Company. See Chattahoochee & Gulf Railroad Co., Inc.--Acquisition
and Operation Exemption--Line of Central of Georgia Railroad
Company, STB Finance Docket No. 34298 (STB served Mar. 26, 2003).
\5\ H&S acquired the rail line from Hartford and Slocomb
Railroad Company. See H&S Railroad Company, Inc.--Acquisition,
Operation, and Trackage Rights Exemption--Lines of Hartford and
Slocomb Railroad Company, Finance Docket No. 32089 (ICC served July
22, 1992).
\6\ CBRR states that its acquisition of these merging interests
and operation of the H&S Line and the CHAT Line as one property will
cause that trackage rights agreement to be extinguished.
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CBRR certifies that its projected annual revenues as a result of
the transaction will not result in the creation of a Class II or Class
I rail carrier and will not exceed $5 million.
The transaction was expected to be consummated on or after August
25, 2006, the effective date of this notice of exemption (7 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.
An original and 10 copies of all pleadings, referring to STB
Finance Docket No. 34912, must be filed with the Surface Transportation
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, one
copy of each pleading must be served on Kevin M. Sheys, Kirkpatrick &
Lockhart Nicholson Graham LLP, 1601 K Street, NW., Washington, DC
20006.
Board decisions and notices are available on our Web site at http://www.stb.dot.gov
.
Decided: September 8, 2006.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E6-15270 Filed 9-14-06; 8:45 am]
BILLING CODE 4915-01-P