[Federal Register: November 2, 2007 (Volume 72, Number 212)]
[Notices]               
[Page 62305]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02no07-98]                         

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 35084]

 
Kansas City Terminal Railway Company--Acquisition Exemption--BNSF 
Railway Company

    Kansas City Terminal Railway Company (KCT), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to acquire by purchase from BNSF Railway Company approximately 5.5 
miles of rail line, extending from milepost 5.78 near Sheffield 
Junction to the end of the track at milepost 11.23 near Blue Valley, in 
Jackson County, MO.
    This transaction is related to the concurrently filed notice of 
exemption in STB Finance Docket No. 35085, Kansas City Transportation 
Company LLC--Lease and Operation Exemption--Kansas City Terminal 
Railway Company, wherein Kansas City Transportation Company LLC seeks 
to lease from KCT and to operate the line that KCT is purchasing from 
BNSF.
    Based on projected revenues for the line, KCT expects to remain a 
Class III rail carrier after consummation of the proposed transaction. 
KCT certifies that its projected annual revenues as a result of this 
transaction will not result in the creation of a Class II or Class I 
rail carrier. Because the projected annual revenues of the line, 
together with KCT's projected annual revenue, will exceed $5 million, 
KCT certified, on September 21, 2007, that it had sent the required 
notice of the transaction to the national and local offices with 
employees on the affected lines and posted a copy of the notice at the 
workplace of the employees on the affected lines on September 20, 2007.
    KCT states that it intends to consummate the transaction on or 
after November 20, 2007. The earliest this transaction may be 
consummated is November 20, 2007, the effective date of the exemption 
(60 days after KCT certified its compliance with the labor notice 
requirements of 49 CFR 1150.42(e)).
    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. Petitions for stay 
must be filed no later than November 13, 2007 (at least 7 days before 
the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 35084, must be filed with the Surface Transportation 
Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on Michael J. Barron, Jr., 
Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 920, Chicago, IL 
60606-2832.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov
.


    Decided: October 30, 2007.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
 [FR Doc. E7-21568 Filed 11-1-07; 8:45 am]

BILLING CODE 4915-01-P