Yellowstone Valley Railroad, Inc.-Lease and Operation Exemption-BNSF Railway Company, 52154 [05-17096]

Download as PDF 52154 Federal Register / Vol. 70, No. 169 / Thursday, September 1, 2005 / Notices Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: August 23, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–17148 Filed 8–31–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34737] Yellowstone Valley Railroad, Inc.— Lease and Operation Exemption— BNSF Railway Company Yellowstone Valley Railroad, Inc. (YVRR), a noncarrier,1 has filed a verified notice of exemption under 49 CFR 1150.31 to lease from BNSF Railway Company (BNSF) and operate two rail lines totaling 171.97 miles. The rail lines are located: (1) between milepost 6.0, near Glendive, MT, and milepost 78.6, near Snowden, MT; and (2) between milepost 0.93, near Bainville, MT, and milepost 100.3, near Scobey, MT. In conjunction with the lease of the rail lines, YVRR will acquire incidental, overhead trackage rights over the BNSF rail lines located between: (1) milepost 78.6, on the BNSF Sidney Subdivision near Snowden, MT, and milepost 0.93, on the BNSF Scobey Subdivision, near Bainville, MT, via the BNSF Glasgow Subdivision between Snowden and Bainville; and (2) milepost 6.0, near Glendive, MT, and milepost 0.0, at Glendive, MT. This transaction is related to STB Finance Docket No. 34736, Watco Companies, Inc.—Continuance in Control Exemption—Yellowstone Valley Railroad, Inc, wherein Watco Companies, Inc., has concurrently filed a verified notice of exemption to continue in control of YVRR upon YVRR’s becoming a Class III rail carrier. YVRR 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 August 15, 2005.2 1 YVRR is controlled by Watco Companies, Inc., a noncarrier that also controls twelve (12) Class III railroads operating in thirteen States. 2 By decision served in this proceeding on August 10, 2005, Chairman Nober denied a request to stay the effectiveness of the exemption. VerDate Aug<18>2005 16:30 Aug 31, 2005 Jkt 205001 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. 34737, 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 Karl Morell, Of Counsel, Ball Janik LLP, Suite 225, 1455 F Street, NW., Washington, DC 20005. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: August 23, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–17096 Filed 8–31–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request August 26, 2005. The Department of 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 October 3, 2005 to be assured of consideration. Internal Revenue Service (IRS) OMB Number: 1545–1498. Type of Review: Extension. Title: REG–209826–96 (NPRM) Application of the Grantor Trust Rules to Nonexempt Employees’ Trusts. Description: The regulations provide rules for the application of the grantor trust rules to certain nonexempt employees’ trust. Taxpayers must indicate on a return that they are relying on a special rule to reduce the over funded amount of the trust. PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 Respondents: Business or other forprofit. Estimated Total Burden Hours: 1,000 hours. OMB Number: 1545–1797. Type of Review: Extension. Title: REG–106876–00 (Final), Revision of Income Tax Regulations under Section 897, 1445 and 6109 to require use of Taxpayer Identifying Numbers on Submission under the Section 897 and 1445 Regulations. Description: The collection of information relates to applications for withholding certificates under Treas. Reg. 1.1445–3 to be filed with the IRS with respect to (1) dispositions of U.S. real property interests that have been used by foreign persons as a principled residence within the prior 5 years and excluded from gross income under section 121 and (2) dispositions of U.S. real property interests by foreign persons in deferred like kind exchanges that qualify for nonrecognition under section 1031. Respondents: Individuals or households and business or other-forprofit. Estimated Total Burden Hours: 600 hours. OMB Number: 1545–1935. Type of Review: Extension. Title: Notice 2005–40 election to defer net experience loss in a multiemployer plan. Description: This notice describes the election that must be filed by an eligible multiemployer plan’s enrolled actuary to the Service in order to defer a net experience loss. The notice also describes that notification that must given to plan participants and beneficiaries, to labor organizations, to contributing employers and to the Pension Benefit Guaranty Corporation within 30 days of making an election with the Service and the certification that must be filed if a restricted amendment is adopted. Respondents: Business or other for profit and not-for-profit institutions. Estimated Total Burden Hours: 960 hours. Clearance Officer: Glenn P. Kirkland, (202) 622–3428, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW, Washington, DC 20224. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. 05–17421 Filed 8–31–05; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\01SEN1.SGM 01SEN1

Agencies

[Federal Register Volume 70, Number 169 (Thursday, September 1, 2005)]
[Notices]
[Page 52154]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-17096]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34737]


Yellowstone Valley Railroad, Inc.--Lease and Operation 
Exemption--BNSF Railway Company

    Yellowstone Valley Railroad, Inc. (YVRR), a noncarrier,\1\ has 
filed a verified notice of exemption under 49 CFR 1150.31 to lease from 
BNSF Railway Company (BNSF) and operate two rail lines totaling 171.97 
miles. The rail lines are located: (1) between milepost 6.0, near 
Glendive, MT, and milepost 78.6, near Snowden, MT; and (2) between 
milepost 0.93, near Bainville, MT, and milepost 100.3, near Scobey, MT. 
In conjunction with the lease of the rail lines, YVRR will acquire 
incidental, overhead trackage rights over the BNSF rail lines located 
between: (1) milepost 78.6, on the BNSF Sidney Subdivision near 
Snowden, MT, and milepost 0.93, on the BNSF Scobey Subdivision, near 
Bainville, MT, via the BNSF Glasgow Subdivision between Snowden and 
Bainville; and (2) milepost 6.0, near Glendive, MT, and milepost 0.0, 
at Glendive, MT.
---------------------------------------------------------------------------

    \1\ YVRR is controlled by Watco Companies, Inc., a noncarrier 
that also controls twelve (12) Class III railroads operating in 
thirteen States.
---------------------------------------------------------------------------

    This transaction is related to STB Finance Docket No. 34736, Watco 
Companies, Inc.--Continuance in Control Exemption--Yellowstone Valley 
Railroad, Inc, wherein Watco Companies, Inc., has concurrently filed a 
verified notice of exemption to continue in control of YVRR upon YVRR's 
becoming a Class III rail carrier.
    YVRR 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 August 15, 
2005.\2\
---------------------------------------------------------------------------

    \2\ By decision served in this proceeding on August 10, 2005, 
Chairman Nober denied a request to stay the effectiveness of the 
exemption.
---------------------------------------------------------------------------

    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. 34737, 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 Karl Morell, Of Counsel, Ball 
Janik LLP, Suite 225, 1455 F Street, NW., Washington, DC 20005.
    Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.

    Decided: August 23, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-17096 Filed 8-31-05; 8:45 am]
BILLING CODE 4915-01-P