Temple & Central Texas Railway, LLC-Discontinuance of Service Exemption-in Bell County, Tex.
| Published date | 28 December 2020 |
| Citation | 85 FR 84451 |
| Record Number | 2020-28575 |
| Section | Notices |
| Court | City Of Temple, Tex.-abandonment Exemption-in Bell County, Tex. |
84451
Federal Register / Vol. 85, No. 248 / Monday, December 28, 2020 / Notices
12
17 CFR 200.30–3(a)(12).
1
Persons interested in submitting an OFA must
first file a formal expression of intent to file an
offer, indicating the type of financial assistance they
wish to provide (i.e., subsidy or purchase) and
demonstrating that they are preliminarily
financially responsible. See 49 CFR 1152.27(c)(2)(i).
2
The Board will grant a stay if an informed
decision on environmental issues (whether raised
by a party or by the Board’s Office of Environmental
Analysis (OEA) in its independent investigation)
cannot be made before the exemptions’ effective
date. See Exemption of Out-of-Serv. Rail Lines, 5
I.C.C.2d 377 (1989). Any request for a stay should
be filed as soon as possible so that the Board may
take appropriate action before the exemptions’
effective date.
3
Filing fees for OFAs and trail use requests can
be found at 49 CFR 1002.2(f)(25) and (27),
respectively.
Comments may be submitted by any of
the following methods:
Electronic Comments
•Use the Commission’s internet
comment form (http://www.sec.gov/
rules/sro.shtml); or
•Send an email to rule-comments@
sec.gov. Please include File Number SR–
LTSE–2020–22 on the subject line.
Paper Comments
•Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–LTSE–2020–22. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (http://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–LTSE–2020–22, and should
be submitted on or before January 19,
2021.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.
12
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–28515 Filed 12–23–20; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
Interest Rates
The Small Business Administration
publishes an interest rate called the
optional ‘‘peg’’ rate (13 CFR 120.214) on
a quarterly basis. This rate is a weighted
average cost of money to the
government for maturities similar to the
average SBA direct loan. This rate may
be used as a base rate for guaranteed
fluctuating interest rate SBA loans. This
rate will be 1.13 percent for the
January–March quarter of FY 2021.
Pursuant to 13 CFR 120.921(b), the
maximum legal interest rate for any
third party lender’s commercial loan
which funds any portion of the cost of
a 504 project (see 13 CFR 120.801) shall
be 6% over the New York Prime rate or,
in the event that rate exceeds the
maximum interest rate permitted by the
constitution or laws of a given State, the
maximum interest rate will be the rate
permitted by the constitution or laws of
the given State.
John Wade,
Chief, Secondary Market Division, Office of
Financial Assistance.
[FR Doc. 2020–28533 Filed 12–23–20; 8:45 am]
BILLING CODE P
SURFACE TRANSPORTATION BOARD
[Docket No. AB 1302X]
City of Temple, Tex.—Abandonment
Exemption—in Bell County, Tex.
[Docket No. AB 1309X]
Temple & Central Texas Railway,
LLC—Discontinuance of Service
Exemption—in Bell County, Tex.
The City of Temple, Tex. (the City),
and Temple & Central Texas Railway,
LLC (TCTR) (collectively, Applicants),
jointly filed a verified notice of
exemption under 49 CFR part 1152
subpart F—Exempt Abandonments and
Discontinuances of Service for the City
to abandon and TCTR to discontinue
service over approximately 6.277 miles
of rail line between Belton, Tex.,
milepost 0.0, and Smith, Tex., milepost
6.277, in Bell County, Tex. (the Line).
The Line traverses U.S. Postal Service
Zip Codes 76513 and 76502.
Applicants have certified that: (1) No
local traffic has moved over the Line for
at least two years; (2) there is no
overhead traffic on the Line; (3) no
formal complaint filed by a user of rail
service on the Line (or by a state or local
government entity acting on behalf of
such user) regarding cessation of service
over the Line either is pending with the
Surface Transportation Board (Board) or
with any U.S. District Court or has been
decided in favor of complainant within
the two-year period; and (4) the
requirements at 49 CFR 1105.7 and
1105.8 (notice of environmental and
historic report), 49 CFR 1105.12
(newspaper publication), and 49 CFR
1152.50(d)(1) (notice to governmental
agencies) have been met.
As a condition to these exemptions,
any employee adversely affected by the
abandonment and discontinuance of
service shall be protected under Oregon
Short Line Railroad—Abandonment
Portion Goshen Branch Between Firth &
Ammon, in Bingham & Bonneville
Counties, Idaho, 360 I.C.C. 91 (1979). To
address whether this condition
adequately protects affected employees,
a petition for partial revocation under
49 U.S.C. 10502(d) must be filed.
Provided no formal expression of
intent to file an offer of financial
assistance (OFA) has been received,
1
the
exemptions will be effective on January
27, 2021, unless stayed pending
reconsideration. Petitions to stay that do
not involve environmental issues,
2
formal expressions of intent to file an
OFA under 49 CFR 1152.27(c)(2), and
interim trail use/rail banking requests
under 49 CFR 1152.29 must be filed by
January 7, 2021.
3
Petitions to reopen or
requests for public use conditions under
49 CFR 1152.28 must be filed by January
19, 2021.
A copy of any petition filed with the
Board should be sent to the City’s
representative, Peter W. Denton, Steptoe
& Johnson LLP, 1330 Connecticut
Avenue, NW, Washington, DC 20036,
and to TCTR’s representative, Bradley S.
Gordon, Patriot Rail Company LLC,
Patriot Port Holdings LLC, 10752
Deerwood Park Boulevard, Suite 300,
Jacksonville, FL 32256.
If the verified notice contains false or
misleading information, the exemptions
are void ab initio.
Applicants have filed a combined
environmental and historic report that
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84452
Federal Register / Vol. 85, No. 248 / Monday, December 28, 2020 / Notices
1
The verified notice states that Segment A is
owned by the Canonie Atlantic Co. (CAC) and
Segment B is owned by Norfolk Southern Railway
Company. CAC concurrently is seeking Board
authority to abandon Segment A. See Canonie Atl.
Co.—Aban. Exemption—in Norfolk, Va., Docket No.
AB 1266 (Sub-No. 1X). Here, the verified notice
states that CAC is acting on behalf of BCR in filing
the discontinuance request. See also Cassatt
Management LLC—Discontinuance of Service
Exemption—Hallwood to Cape Charles, Va., Docket
No. AB 1267X.
2
Persons interested in submitting an OFA to
subsidize continued rail service must first file a
formal expression of intent to file an offer,
indicating the intent to file an OFA for subsidy and
demonstrating that they are preliminarily
financially responsible. See 49 CFR 1152.27(c)(2)(i).
3
The filing fee for OFAs can be found at 49 CFR
1002.2(f)(25).
4
Because this is a discontinuance proceeding and
not an abandonment, interim trail use/rail banking
and public use conditions are not appropriate.
Because there will be an environmental review
during abandonment, this discontinuance does not
require environmental review.
1
In a related docket, a verified notice of
exemption has been filed for BCR to discontinue its
operations over the Line, as well as over an adjacent
line owned by Norfolk Southern Railway Company
between milepost 100.7 and milepost 100.3. See
Cassatt Mgmt., LLC—Discontinuance of Serv.
Exemption—in Norfolk, Va., Docket No. AB 1267
(Sub-No. 1X).
addresses the potential effects, if any, of
the abandonment on the environment
and historic resources. OEA will issue a
Draft Environmental Assessment (Draft
EA) by December 31, 2020. The Draft EA
will be available to interested persons
on the Board’s website, by writing to
OEA, or by calling OEA at (202) 245–
0305. Assistance for the hearing
impaired is available through the
Federal Relay Service at (800) 877–8339.
Comments on environmental and
historic preservation matters must be
filed within 15 days after the Draft EA
becomes available to the public.
Environmental, historic preservation,
public use, or interim trail use/rail
banking conditions will be imposed,
where appropriate, in a subsequent
decision.
Pursuant to the provisions of 49 CFR
1152.29(e)(2), the City shall file a notice
of consummation with the Board to
signify that it has exercised the
authority granted and fully abandoned
the Line. If consummation has not been
effected by the City’s filing of a notice
of consummation by December 28, 2021,
and there are no legal or regulatory
barriers to consummation, the authority
to abandon will automatically expire.
Board decisions and notices are
available at www.stb.gov.
Decided: December 21, 2020.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2020–28575 Filed 12–23–20; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. AB 1267 (Sub-No. 1X)]
Cassatt Management, LLC d/b/a Bay
Coast Railroad—Discontinuance of
Service Exemption—in Norfolk, Va.
Cassatt Management, LLC d/b/a Bay
Coast Railroad (BCR), has filed a
verified notice of exemption under 49
CFR part 1152 subpart F—Exempt
Abandonments and Discontinuances of
Service to discontinue service over a rail
line comprised of segments (a) between
milepost 102.1 and milepost 100.7
(Segment A) and (b) between milepost
100.7 and milepost 100.3 (Segment B),
both in Norfolk, Va. (the Line).
1
The
Line traverses U.S. Postal Service Zip
Code 23504.
BCR has certified that: (1) No local
traffic has moved over the Line in over
two years; (2) there has been no
overhead traffic over the Line in over
two years; (3) no formal complaint filed
by a user of rail service on the Line (or
a state or local government entity acting
on behalf of such user) regarding
cessation of service over the Line either
is pending with the Surface
Transportation Board or any U.S.
District Court or has been decided in
favor of a complainant within the two-
year period; and (4) the requirements at
49 CFR 1105.12 (newspaper
publication) and 49 CFR 1152.50(d)(1)
(notice to governmental agencies) have
been met.
As a condition to this exemption, any
employee adversely affected by the
discontinuance of service shall be
protected under Oregon Short Line
Railroad—Abandonment Portion
Goshen Branch Between Firth &
Ammon, in Bingham & Bonneville
Counties, Idaho, 360 I.C.C. 91 (1979). To
address whether this condition
adequately protects affected employees,
a petition for partial revocation under
49 U.S.C. 10502(d) must be filed.
Provided no formal expression of
intent to file an offer of financial
assistance (OFA)
2
to subsidize
continued rail service has been
received, this exemption will be
effective on January 27, 2021, unless
stayed pending reconsideration.
Petitions to stay that do not involve
environmental issues and formal
expressions of intent to file an OFA to
subsidize continued rail service under
49 CFR 1152.27(c)(2)
3
must be filed by
January 7, 2021.
4
Petitions for
reconsideration must be filed by January
19, 2021.
A copy of any petition filed with
Board should be sent to BCR’s
representative, Eric M. Hocky, Clark
Hill, PLC, Two Commerce Square, 2001
Market St., Suite 2620, Philadelphia, PA
19103.
If the verified notice contains false or
misleading information, the exemption
is void ab initio.
Board decisions and notices are
available at www.stb.gov.
Decided: December 21, 2020.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Tammy Lowery,
Clearance Clerk.
[FR Doc. 2020–28631 Filed 12–23–20; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. AB 1266 (Sub-No. 1X)]
Canonie Atlantic Co.—Abandonment
Exemption—in Norfolk, Va.
On December 8, 2020, Canonie
Atlantic Co. (CAC), a Class III rail
carrier, filed with the Surface
Transportation Board (Board) a petition
under 49 U.S.C. 10502 for exemption
from the prior approval requirements of
49 U.S.C. 10903 to abandon an
approximately 1.4-mile rail line in
Norfolk, Va., between milepost 100.7 at
North Junction and milepost 102.1 at St.
Julian (the Line). The Line traverses U.S.
Postal Service Zip Code 23504.
CAC states it seeks to abandon the
Line because it intends to sell the Line
to the Virginia Department of Rail and
Public Transportation (DRPT) for public
use—specifically, commuter rail
transportation. (Pet. 1.) CAC states that
no freight traffic has moved over the
Line in over two years and that the only
recent use of the Line has been to
support intercity passenger service by
the National Railroad Passenger
Corporation (Amtrak). (Id. at 1, 4.)
1
In addition to an exemption from 49
U.S.C. 10903, CAC also seeks an
exemption from the offer of financial
assistance procedures of 49 U.S.C.
10904. In support, CAC argues that there
is no overriding public need for freight
rail service on the Line and that the
right-of-way is needed for a valid public
purpose, i.e., DRPT’s plans to utilize the
Line to facilitate Amtrak passenger rail
service. (Pet. 6.) This request will be
addressed in the final decision.
CAC states that, based on the
information in its possession, the Line
does not contain federally granted
rights-of-way. Any documentation in
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