R.J. Corman Railroad Property, LLC-Acquisition Exemption-Line of The Railroad Co. and The WV Southern Railway Co., 43945-43946 [05-15010]

Download as PDF Federal Register / Vol. 70, No. 145 / Friday, July 29, 2005 / Notices DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34705 (Sub–No. 1)] Soo Line Railroad Company D/B/A Canadian Pacific Railway—Temporary Trackage Rights Exemption—BNSF Railway Company BNSF Railway Company (BNSF) has agreed to grant temporary overhead trackage rights to expire on August 31, 2005, to Soo Line Railroad Company d/ b/a Canadian Pacific Railway (CPR) over BNSF’s rail line between Ardoch, ND, and Erskine, MN, as follows: (1) From Ardoch at BNSF milepost 24.5 to Grand Forks, ND, at BNSF milepost 0.0, (2) from Grand Forks at BNSF milepost 109.9 to Crookston Junction, MN, at BNSF milepost 80.9, and (3) from Crookston Junction at BNSF milepost 0.0 to Erskine at BNSF milepost 31.5, a total distance of approximately 84.6 miles. The original temporary trackage rights granted in Soo Line Railroad Company D/B/A Canadian Pacific Railway— Temporary Trackage Rights Exemption—BNSF Railway Company, STB Finance Docket No. 34705 (STB served June 10, 2005), covered the same line, but are due to expire on July 31, 2005. The purpose of this transaction is to modify the temporary trackage rights exempted in STB Finance Docket No. 34705 to extend the expiration date from July 31, 2005, to August 31, 2005, because of delayed start-up of the maintenance project due to high water conditions. The transaction is scheduled to be consummated on July 31, 2005. The modified temporary trackage rights will permit CPR to continue to bridge its train service while the main lines of its affiliated shortline railroad are out of service due to certain programmed track, roadbed and structural maintenance. As a condition to this exemption, any employees affected by the acquisition of the temporary trackage rights will be protected by the conditions imposed in Norfolk and Western Ry. Co.—Trackage Rights—BN, 354 I.C.C. 605 (1978), as modified in Mendocino Coast Ry., Inc.— Lease and Operate, 360 I.C.C. 653 (1980), and any employees affected by the discontinuance of those trackage rights will be protected by the conditions set out in Oregon Short Line R. Co.—Abandonment—Goshen, 360 I.C.C. 91 (1979). This notice is filed under 49 CFR 1180.2(d)(8). If it contains false or misleading information, the exemption VerDate jul<14>2003 17:05 Jul 28, 2005 Jkt 205001 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. 34705 (Sub-No. 1), 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 Thanh G. Bui, 150 South Fifth Street, Suite 2300, Minneapolis, MN 55402. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: July 25, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–15008 Filed 7–28–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION 43945 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. 34716, 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 Ronald A. Lane, 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: July 22, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–15009 Filed 7–28–05; 8:45 am] BILLING CODE 4915–01–P Surface Transportation Board [STB Finance Docket No. 34716] R.J. Corman Railroad Company/ Bardstown Line, d/b/a R.J. Corman Railroad Company/WV Lines—Lease and Operation Exemption—Line of R.J. Corman Railroad Property, LLC R.J. Corman Railroad Company/ Bardstown Line, d/b/a R.J. Corman Railroad Company/WV Lines (RJCV), a Class III rail carrier,1 has filed a verified notice of exemption under 49 CFR 1150.41 to lease from R.J. Corman Railroad Property, LLC (Railroad Property) and operate a line of railroad (the Loup Creek Branch) extending from milepost 0.0 at Thurmond, WV, to milepost 12.0 at Mt. Hope, WV, a distance of approximately 12 miles. This transaction is related to STB Finance Docket No. 34715, R.J. Corman Railroad Property, LLC—Acquisition Exemption—Line of The Railroad Co. and The WV Southern Railway Co., in which Railroad Property seeks to acquire the Loup Creek Branch. RJCV certifies that the projected annual revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier, and further certifies that its projected annual revenues will not exceed $5 million. The transaction was scheduled to be consummated on July 8, 2005. 1 RJCV is controlled by Richard J. Corman, who also controls eight other Class III rail carriers in the eastern United States. PO 00000 Frm 00109 Fmt 4703 Sfmt 4703 DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34715] R.J. Corman Railroad Property, LLC— Acquisition Exemption—Line of The Railroad Co. and The WV Southern Railway Co. R.J. Corman Railroad Property, LLC (Railroad Property),1 a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to acquire from The Railroad Co. (RRC) and The WV Southern Railway Co. (WVSR), a line of railroad (the Loup Creek Branch) extending from milepost 0.0 at Thurmond, WV, to milepost 12.0 at Mt. Hope, WV, a distance of approximately 12 miles. The Loup Creek Branch is currently owned by RRC and operated by WVSR, a wholly owned subsidiary of RRC.2 1 Railroad Property is a member of the R.J. Corman family of nine Class III railroads. Railroad Property was formerly known as R.J. Corman Equipment Company, LLC. The name of that entity was formally changed to R.J. Corman Railroad Property, LLC, and its non-rail assets were transferred to a new noncarrier entity named R.J. Corman Equipment Company. As a result, the new ‘‘Equipment Company’’ does not own any railroad assets, and Railroad Property holds the railroad assets and bears the residual common carrier obligations of the ‘‘old’’ R.J. Corman Equipment Company, LLC. 2 According to Railroad Property, it has reached an agreement with RRC, WVSR and CSX Transportation, Inc. (CSXT), the former owner of the Loup Creek Branch, for transfer of the Loup E:\FR\FM\29JYN1.SGM Continued 29JYN1 43946 Federal Register / Vol. 70, No. 145 / Friday, July 29, 2005 / Notices This transaction is related to STB Finance Docket No. 34716, R.J. Corman Railroad Company/Bardstown Line, d/b/a R.J. Corman Railroad Company/ WV Lines—Lease Exemption—Line of R.J. Corman Railroad Property, LLC, in which R.J. Corman Railroad Company/ Bardstown Line, d/b/a R.J. Corman Railroad Company/WV Lines seeks to lease from Railroad Property and operate the Loup Creek Branch. Railroad Property certifies that the projected annual revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier, and further certifies that its projected annual revenues will not exceed $5 million. The transaction was scheduled to be consummated on July 8, 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. 34715, must be filed with the Surface Transportation Board, 1925 K Street, N.W., Washington, DC 20423– 0001. In addition, one copy of each pleading must be served on Ronald A. Lane, 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: July 22, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–15010 Filed 7–28–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Proposed Collections; Comment Requests Notice and request for comments. ACTION: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on the revision of an information collection that is Creek Branch to Railroad Property. RRC will simultaneously transfer title to the real estate underlying the Loup Creek Branch right-of-way to CSXT, and Railroad Property will lease the underlying real estate from CSXT. VerDate jul<14>2003 17:05 Jul 28, 2005 Jkt 205001 proposed for approval by the Office of Management and Budget. The Office of International Affairs within the Department of the Treasury is soliciting comments concerning Treasury International Capital Form S, Purchases and Sales of Long-term Securities by Foreigners. DATES: Written comments should be received on or before September 27, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Dwight Wolkow, International Portfolio Investment Data Systems, Department of the Treasury, Room 4410–1440NYA, 1500 Pennsylvania Avenue, NW., Washington, DC 20220. In view of possible delays in mail delivery, please also notify Mr. Wolkow by e-mail (dwight.wolkow@do.treas.gov), fax (202) 622–1207 or telephone (202) 622–1276. FOR FURTHER INFORMATION CONTACT: Copies of the proposed forms and instructions are available on the Treasury’s TIC Forms Web page, http://www.treas.gov/tic/forms.html. Requests for additional information should be directed to Mr. Wolkow. SUPPLEMENTARY INFORMATION: Title: Treasury International Capital Form S, Purchases and Sales of Longterm Securities by Foreigners. OMB Control Number: 1505–0001. Abstract: Form S is part of the Treasury International Capital (TIC) reporting system, which is required by law (22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 10033; 31 CFR 128), and is designed to collect timely information on international portfolio capital movements. Form S is a monthly report used to cover transactions in long-term marketable securities undertaken DIRECTLY with foreigners by banks, other depository institutions, brokers, dealers, underwriting groups and other individuals and institutions. This information is necessary for compiling the U.S. balance of payments accounts, for calculating the U.S. international investment position, and for formulating U.S. international financial and monetary policies. Current Actions: (a) The list for reporting the location of foreign counterparties on all TIC reporting forms will be increased to a total of roughly 245 countries and other areas. This longer list is essentially the same as the lists used for years in the TIC benchmark and annual reports, and thus will establish a uniform list of countries/areas consistent across all TIC reporting forms. Comments from TIC respondents indicate that their modern computerized database systems can easily produce all TIC reports for this PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 longer list of countries/areas. This change will apply to the monthly and quarterly B-forms, C-forms, Form D and Form S and will allow three TIC forms BC(SA), BL–1(SA) and BL–(SA) to be eliminated. This action is expected to result in an overall reduction in burden for TIC respondents as a whole, as well as satisfying Treasury’s need for more timely information on a larger number of countries. Comments from TIC respondents indicate that the combination of the longer uniform country list and the virtual elimination of rows for ‘‘other countries’’ will reduce significantly the total burden from all TIC reports, including the burdens of cross-checking information, responding to inquiries from data compilers, and making revisions to data reports; and (b) these changes will be effective beginning with the reports as of June 30, 2006. Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations. Form S (1505–0001). Estimated Number of Respondents: 240. Estimated Average Time per Respondent: Five and six/tenths (5.6) hours per respondent per filing. The estimated average time per respondent varies from 10 hours for the approximately 30 major reporters to 5 hours for the other reporters. Estimated Total Annual Burden Hours: 16,200 hours, based on 12 reporting periods per year. Request For Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit written comments concerning: (a) Whether Form S is necessary for the proper performance of the functions of the Office, including whether the information will have practical uses; (b) the accuracy of the above estimate of the burdens; (c) ways to enhance the quality, usefulness and clarity of the information to be collected; (d) ways to minimize the reporting and/or record keeping burdens on respondents, including the use of information technologies to automate the collection of the data; and (e) estimates of capital or start-up costs of operation, E:\FR\FM\29JYN1.SGM 29JYN1

Agencies

[Federal Register Volume 70, Number 145 (Friday, July 29, 2005)]
[Notices]
[Pages 43945-43946]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-15010]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34715]


R.J. Corman Railroad Property, LLC--Acquisition Exemption--Line 
of The Railroad Co. and The WV Southern Railway Co.

    R.J. Corman Railroad Property, LLC (Railroad Property),\1\ a Class 
III rail carrier, has filed a verified notice of exemption under 49 CFR 
1150.41 to acquire from The Railroad Co. (RRC) and The WV Southern 
Railway Co. (WVSR), a line of railroad (the Loup Creek Branch) 
extending from milepost 0.0 at Thurmond, WV, to milepost 12.0 at Mt. 
Hope, WV, a distance of approximately 12 miles. The Loup Creek Branch 
is currently owned by RRC and operated by WVSR, a wholly owned 
subsidiary of RRC.\2\
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    \1\ Railroad Property is a member of the R.J. Corman family of 
nine Class III railroads. Railroad Property was formerly known as 
R.J. Corman Equipment Company, LLC. The name of that entity was 
formally changed to R.J. Corman Railroad Property, LLC, and its non-
rail assets were transferred to a new noncarrier entity named R.J. 
Corman Equipment Company. As a result, the new ``Equipment Company'' 
does not own any railroad assets, and Railroad Property holds the 
railroad assets and bears the residual common carrier obligations of 
the ``old'' R.J. Corman Equipment Company, LLC.
    \2\ According to Railroad Property, it has reached an agreement 
with RRC, WVSR and CSX Transportation, Inc. (CSXT), the former owner 
of the Loup Creek Branch, for transfer of the Loup Creek Branch to 
Railroad Property. RRC will simultaneously transfer title to the 
real estate underlying the Loup Creek Branch right-of-way to CSXT, 
and Railroad Property will lease the underlying real estate from 
CSXT.

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[[Page 43946]]

    This transaction is related to STB Finance Docket No. 34716, R.J. 
Corman Railroad Company/Bardstown Line, d/b/a R.J. Corman Railroad 
Company/WV Lines--Lease Exemption--Line of R.J. Corman Railroad 
Property, LLC, in which R.J. Corman Railroad Company/Bardstown Line, d/
b/a R.J. Corman Railroad Company/WV Lines seeks to lease from Railroad 
Property and operate the Loup Creek Branch.
    Railroad Property certifies that the projected annual revenues as a 
result of this transaction will not result in the creation of a Class 
II or Class I rail carrier, and further certifies that its projected 
annual revenues will not exceed $5 million.
    The transaction was scheduled to be consummated on July 8, 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. 34715, must be filed with the Surface Transportation 
Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on Ronald A. Lane, 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: July 22, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-15010 Filed 7-28-05; 8:45 am]
BILLING CODE 4915-01-P