Acquisition and Operation Exemption: Pacific Rim Railway Co., Inc., City of Keokuk, IA

Federal Register: March 24, 2010 (Volume 75, Number 56)

Notices

Page 14243

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr24mr10-141

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

STB Finance Docket No. 35359

Pacific Rim Railway Company, Inc.--Acquisition and Operation

Exemption--City of Keokuk, IA

Pacific Rim Railway Company, Inc. (PRIM), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire from the

City of Keokuk, IA and to operate approximately 2,894 feet of railroad trackage (.544-mile) consisting of a 2,194 foot-long railroad bridge over the Mississippi River, commonly known as the Keokuk Municipal

Bridge, approximately 600 feet of land and track at the approach to the bridge at Hamilton, IL and approximately 100 feet of land and track at the approach to the bridge at Keokuk (collectively, the Bridge). The

Bridge connects trackage at Keokuk with trackage at Hamilton.\1\

\1\ PRIM states that, because the Bridge is part of a through route for rail transportation, it is a ``railroad line'' under 49

U.S.C. 10901(a)(4). Rail transportation over the Bridge is currently being performed by Keokuk Junction Railway Company (KJRY), a Class

III rail carrier. PRIM does not propose to operate over the Bridge, but acknowledges that, as owner of the Bridge, it would have a residual common carrier obligation to provide rail transportation in the event KJRY ceases to do so. PRIM seeks an exemption for operation on that basis.

The transaction is expected to be consummated on or shortly after

April 7, 2010 (the effective date of the exemption).

PRIM certifies that its projected annual revenues as a result of the transaction do not exceed those that would qualify it as a Class

III rail carrier and further certifies that its projected annual revenue will not exceed $5 million.

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 effectiveness of the exemption. Petitions for stay must be filed no later than March 31, 2010 (at least 7 days before the exemption becomes effective).

An original and 10 copies of all pleadings, referring to STB

Finance Docket No. 35359, 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 Street, Suite 1890, Chicago, IL 60604.

Board decisions and notices are available on our Web site at http:/

/www.stb.dot.gov.

Decided: March 18, 2010.

By the Board, Rachel D. Campbell, Director, Office of

Proceedings.

Kulunie L. Cannon,

Clearance Clerk.

FR Doc. 2010-6414 Filed 3-23-10; 8:45 am

BILLING CODE 4915-01-P