Indiana & Ohio Railway Company-Merger Exemption-Indiana & Ohio Central Railroad, Inc., 28599 [05-9739]

Download as PDF Federal Register / Vol. 70, No. 95 / Wednesday, May 18, 2005 / Notices The transaction was expected to be consummated on or after April 28, 2005. 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. 34695, 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 Linda J. Morgan, 1201 Pennsylvania Avenue, NW., Washington, DC 20004. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Decided: May 10, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–9738 Filed 5–17–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34686] Indiana & Ohio Railway Company— Merger Exemption—Indiana & Ohio Central Railroad, Inc. Indiana & Ohio Railway Company (IORY), a Class III rail carrier that operates over approximately 498.23 miles of rail line in Michigan, Ohio, and Indiana, and Indiana & Ohio Central Railroad, Inc. (IOCR), a Class III rail carrier that operates over approximately 261.6 miles of rail line in Ohio, both of which are subsidiaries of RailAmerica, Inc., have filed a verified notice of exemption with respect to a proposed corporate restructuring, through which IOCR will merge into IORY, with IORY as the surviving entity. After the merger, IORY will remain a Class III rail carrier. The transaction, which was scheduled to be consummated on or shortly after May 1, 2005, is intended to generate greater efficiencies through such actions as a reduction of IORY/IOCR’s overhead expenses and their car accounting costs. This is a transaction within a corporate family of the type specifically exempted from prior review and approval under 49 CFR 1180.2(d)(3). IORY and IOCR state that the transaction will not result in adverse changes in service levels, significant operational changes, or a change in the VerDate jul<14>2003 14:03 May 17, 2005 Jkt 205001 competitive balance with carriers outside the corporate family. Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under sections 11324 and 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here, because both of the carriers involved in this transaction are Class III rail carriers. 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. 34686, 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 Louis E. Gitomer, Of Counsel, Ball Janik LLP, 1455 F Street, NW., Suite 225, Washington, DC 20005. Board decisions and notices are available on our Web site at https:// www.stb.dot.gov. Decided: May 9, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–9739 Filed 5–17–05; 8:45 am] BILLING CODE 4915–01–P 28599 Financial Management Service (FMS) OMB Number: 1510–0052. Form Numbers: FMS 458 and FMS 459. Type of Review: Extension. Title: Financial Institution Agreement and Application Forms for Designation as a Treasury Tax and Loan Depositary. Description: Financial institutions are required to complete an agreement and application to participate in the Federal Tax Deposit/Treasury and Loan Program. The approved application designates the depositary as an authorized recipient of taxpayers’ deposits for Federal taxes. Respondents: Business or other forprofit. Estimated Number of Respondents: 450. Estimated Burden Hours per Respondent: 30 minutes. Frequency of Response: Other (once for duration of the authorization). Estimated Total Reporting Burden: 225 hours. Clearance Officer: Jiovannah L. Diggs, Financial Management Service, Administrative Programs Division, Records and Information Management Program, 3700 East West Highway, Room 144, Hyattsville, MD 20782, (202) 874–7662. OMB Reviewer: Alexander T. Hunt, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, (202) 395–7316. Lois K. Holland, Treasury PRA Clearance Officer. [FR Doc. 05–9889 Filed 5–17–05; 8:45 am] BILLING CODE 4810–35–P DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request Submission for OMB Review; Comment Request May 11, 2005. May 11, 2005. The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000,1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before June 17, 2005 to be assured of consideration. The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before June 17, 2005, to be assured of consideration. 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Agencies

[Federal Register Volume 70, Number 95 (Wednesday, May 18, 2005)]
[Notices]
[Page 28599]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-9739]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34686]


Indiana & Ohio Railway Company--Merger Exemption--Indiana & Ohio 
Central Railroad, Inc.

    Indiana & Ohio Railway Company (IORY), a Class III rail carrier 
that operates over approximately 498.23 miles of rail line in Michigan, 
Ohio, and Indiana, and Indiana & Ohio Central Railroad, Inc. (IOCR), a 
Class III rail carrier that operates over approximately 261.6 miles of 
rail line in Ohio, both of which are subsidiaries of RailAmerica, Inc., 
have filed a verified notice of exemption with respect to a proposed 
corporate restructuring, through which IOCR will merge into IORY, with 
IORY as the surviving entity. After the merger, IORY will remain a 
Class III rail carrier.
    The transaction, which was scheduled to be consummated on or 
shortly after May 1, 2005, is intended to generate greater efficiencies 
through such actions as a reduction of IORY/IOCR's overhead expenses 
and their car accounting costs.
    This is a transaction within a corporate family of the type 
specifically exempted from prior review and approval under 49 CFR 
1180.2(d)(3). IORY and IOCR state that the transaction will not result 
in adverse changes in service levels, significant operational changes, 
or a change in the competitive balance with carriers outside the 
corporate family.
    Under 49 U.S.C. 10502(g), the Board may not use its exemption 
authority to relieve a rail carrier of its statutory obligation to 
protect the interests of its employees. Section 11326(c), however, does 
not provide for labor protection for transactions under sections 11324 
and 11325 that involve only Class III rail carriers. Accordingly, the 
Board may not impose labor protective conditions here, because both of 
the carriers involved in this transaction are Class III rail carriers.
    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. 34686, 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 Louis E. Gitomer, Of Counsel, 
Ball Janik LLP, 1455 F Street, NW., Suite 225, Washington, DC 20005.
    Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.

    Decided: May 9, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-9739 Filed 5-17-05; 8:45 am]
BILLING CODE 4915-01-P

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