Locust Valley Coal Company d/b/a Locust Valley Line-Acquisition Exemption-Rail Lines in Schuykill County, PA, 3258 [05-1110]

Download as PDF 3258 Federal Register / Vol. 70, No. 13 / Friday, January 21, 2005 / Notices By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–1210 Filed 1–19–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34642] Locust Valley Coal Company d/b/a Locust Valley Line—Acquisition Exemption—Rail Lines in Schuykill County, PA Locust Valley Coal Company d/b/a Locust Valley Line (Locust Valley), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire approximately 5 miles of rail line owned by Locust Valley, between milepost 0.0, at Laurel Jct. (also known as Maria Jct.) in Delano Township, and milepost 5.5, beyond Newton Jct., south of Mahanoy City, in Schuykill County, PA. Locust Valley states that the line is currently out of service and there is no operator for the line at this time.1 However, Locust Valley is in the process of rehabilitating the rail line for service, and developing and marketing the adjacent property along the line to potential shippers. Locust Valley also states that it does not intend to operate the line, but that it intends to lease the rail line to an existing Class III carrier which will provide common carrier service over the subject line.2 Locust Valley certifies that its projected annual revenues will not exceed those that would qualify it as a Class III rail carrier and that its annual revenues are not projected to exceed $5 million. Consummation of the transaction was scheduled to take place on or after December 30, 2004, the effective date of the exemption (7 days after the exemption was filed). 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. 1 It appears that the line has been out of service for many years and was never abandoned. According to Locust, service has been provided over a 1-mile section near Laurel Jct., as a spur to serve one customer. 2 According to Locust Valley, a request for authority to lease and operate the line will be filed separately with the Board prior to restoration of service. Locust Valley states that at that time it will have a residual common carrier obligation only. VerDate jul<14>2003 14:11 Jan 19, 2005 Jkt 205001 An original and 10 copies of all pleadings, referring to STB Finance Docket No. 34642, 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 Eric M. Hocky, Esquire, Gollatz, Griffin & Ewing, P.C., Four Penn Center, Suite 200, 1600 John F. Kennedy Blvd., Philadelphia, PA 19103–2808. Board decisions and notices are available on the Board’s website at ‘‘http://www.stb.dot.gov.’’ Decided: January 12, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–1110 Filed 1–19–05; 8:45 am] Docket No. 34643, 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 Eric M. Hocky, Four Penn Center, Suite 200, 1600 John F. Kennedy Blvd., Philadelphia, PA 19103–2808. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: January 12, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–1008 Filed 1–19–05; 8:45 am] BILLING CODE 4915–01–P BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY DEPARTMENT OF TRANSPORTATION Departmental Offices; Debt Management Advisory Committee Meeting Surface Transportation Board [STB Finance Docket No. 34643] Central New York Railroad Corporation—Lease and Operation Exemption—Norfolk Southern Railway Company Central New York Railroad Corporation (CNY), a Class III carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to lease and operate approximately 123.1 miles of rail line currently owned by Norfolk Southern Railway Company (NS) between milepost 89.9 at or near Port Jervis, NY, and milepost 213.0 at Binghamton, NY, in Broome, Sullivan, Delaware and Orange, Counties, NY, and Pike and Susquehanna, Counties, PA.1 NS is retaining overhead trackage rights over the line. CNY certifies that its projected revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier and that its total annual revenues after the transaction will not exceed $5 million. The transaction was scheduled to be consummated on or after December 31, 2004 (more than 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 1 CNY indicates that it has entered into an agreement with NS for CNY’s lease of the line. PO 00000 Frm 00077 Fmt 4703 Sfmt 4703 Notice is hereby given, pursuant to 5 U.S.C. App. 2 § 10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th and Pennsylvania Avenue, NW., Washington, DC, on February 1, 2005 at 1 p.m. of the following debt management advisory committee: Treasury Borrowing Advisory Committee of The Bond Market Association (‘‘Committee’’). The agenda for the meeting provides for a charge by the Secretary of the Treasury or his designate that the Committee discuss particular issues, and a working session. Following the working session, the Committee will present a written report of its recommendations. The meeting will be closed to the public, pursuant to 5 U.S.C. App. 2 section 10(d) and Public Law 103–202, § 202(c)(1)(B) (31 U.S.C. 3121 note). This notice shall constitute my determination, pursuant to the authority placed in heads of agencies by 5 U.S.C. App. 2 section 10(d) and vested in me by Treasury Department Order No. 101– 05, that the meeting will consist of discussions and debates of the issues presented to the Committee by the Secretary of the Treasury, pursuant to Public Law 103–202, section 202(c)(1)(B). Thus, this information is exempt from disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In addition, the meeting is concerned with information that is exempt from disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires that such meetings be closed to the public because the Treasury Department requires frank and full advice from representatives of E:\FR\FM\21JAN1.SGM 21JAN1

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[Federal Register Volume 70, Number 13 (Friday, January 21, 2005)]
[Notices]
[Page 3258]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-1110]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34642]


Locust Valley Coal Company d/b/a Locust Valley Line--Acquisition 
Exemption--Rail Lines in Schuykill County, PA

    Locust Valley Coal Company d/b/a Locust Valley Line (Locust 
Valley), a noncarrier, has filed a verified notice of exemption under 
49 CFR 1150.31 to acquire approximately 5 miles of rail line owned by 
Locust Valley, between milepost 0.0, at Laurel Jct. (also known as 
Maria Jct.) in Delano Township, and milepost 5.5, beyond Newton Jct., 
south of Mahanoy City, in Schuykill County, PA. Locust Valley states 
that the line is currently out of service and there is no operator for 
the line at this time.\1\ However, Locust Valley is in the process of 
rehabilitating the rail line for service, and developing and marketing 
the adjacent property along the line to potential shippers. Locust 
Valley also states that it does not intend to operate the line, but 
that it intends to lease the rail line to an existing Class III carrier 
which will provide common carrier service over the subject line.\2\
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    \1\ It appears that the line has been out of service for many 
years and was never abandoned. According to Locust, service has been 
provided over a 1-mile section near Laurel Jct., as a spur to serve 
one customer.
    \2\ According to Locust Valley, a request for authority to lease 
and operate the line will be filed separately with the Board prior 
to restoration of service. Locust Valley states that at that time it 
will have a residual common carrier obligation only.
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    Locust Valley certifies that its projected annual revenues will not 
exceed those that would qualify it as a Class III rail carrier and that 
its annual revenues are not projected to exceed $5 million.
    Consummation of the transaction was scheduled to take place on or 
after December 30, 2004, the effective date of the exemption (7 days 
after the exemption was filed).
    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.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34642, 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 Eric M. Hocky, Esquire, 
Gollatz, Griffin & Ewing, P.C., Four Penn Center, Suite 200, 1600 John 
F. Kennedy Blvd., Philadelphia, PA 19103-2808.
    Board decisions and notices are available on the Board's website at 
``http://www.stb.dot.gov.''

    Decided: January 12, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-1110 Filed 1-19-05; 8:45 am]
BILLING CODE 4915-01-P