Penn Eastern Rail Lines, Inc.-Operation Exemption-Expressway 95 Industrial Park, 54806 [05-18352]

Download as PDF 54806 Federal Register / Vol. 70, No. 179 / Friday, September 16, 2005 / Notices in writing or by phone from petitioners’ representatives (1) John W. Humes, Jr., 4135 Lakeside Drive, Jacksonville, FL 32210, telephone number 904–388– 4883, and (2) Richard A. Allen, Zuckert, Scoutt & Rasenberger, LLP, 888 Seventeenth Street, NW., Suite 700, Washington, DC 20006, telephone number 202–298–8660. Comments and Replies. Any person who wishes to file comments respecting the Joint Petition must file such comments by October 6, 2005. Petitioners will have until October 21, 2005, to reply to any comments filed by interested persons. Decision By The Board. The Board will endeavor to issue its decision on the merits of the Joint Petition by December 5, 2005. This action will not significantly affect either the quality of the human environment or the conservation of energy resources. It is ordered: 1. Comments of interested persons are due by October 6, 2005. 2. Petitioners’ reply is due by October 21, 2005. 3. This decision is effective on September 16, 2005. Decided: September 8, 2005. By the Board, Chairman Nober, Vice Chairman Buttrey, and Commissioner Mulvey. Vernon A. Williams, Secretary. [FR Doc. 05–18246 Filed 9–15–05; 8:45 am] Penn Eastern certifies that its projected annual revenues as a result of this transaction will not result in the creation of a Class I or Class II rail carrier, and that its annual revenues will not exceed $5 million. The transaction was expected to be consummated on August 26, 2005, 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. 34745, 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 John D. Heffner, 1920 N Street, NW., Suite 800, Washington, DC 20036. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: September 9, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–18352 Filed 9–15–05; 8:45 am] BILLING CODE 4915–01–P BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY DEPARTMENT OF TRANSPORTATION Government Securities: Call for Large Position Reports Surface Transportation Board AGENCY: Office of the Under Secretary for Domestic Finance, Treasury. ACTION: Notice. [STB Finance Docket No. 34745] Penn Eastern Rail Lines, Inc.— Operation Exemption—Expressway 95 Industrial Park Penn Eastern Rail Lines, Inc. (Penn Eastern), a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to operate as a rail common carrier, approximately 1.15 miles of track and right-of-way on easements in the Expressway 95 Industrial Park (the Park) in Bensalem, Bucks County, PA. The track known as the Bensalem Branch is located along the east side of Amtrak’s Northeast Corridor (NEC) at ATK milepost 70.2, between Philadelphia, PA, and Trenton, NJ.1 1 Penn Eastern notes that Consolidated Rail Corporation (Conrail) formerly operated this track as exempt industrial trackage under 49 U.S.C. 10906 until the last customer ceased rail operations VerDate Aug<31>2005 15:04 Sep 15, 2005 Jkt 205001 SUMMARY: The Department of the Treasury (‘‘Department’’ or ‘‘Treasury’’) called for the submission of Large Position Reports by those entities whose reportable positions in the 43⁄8% Treasury Notes of August 2012 equaled or exceeded $2 billion as of close of business September 12, 2005. DATES: Large Position Reports must be received before noon Eastern Time on September 20, 2005. ADDRESSES: The reports must be submitted to the Federal Reserve Bank of New York, Government Securities Dealer Statistical Unit, 4th Floor, 33 in 2002. Penn Eastern states that the track connects with portions of the NEC over which Conrail currently has operating rights. Penn Eastern also states that the line will initially serve three customers within the Park, but that it eventually expects to attract additional customers. PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 Liberty Street, New York, New York 10045; or faxed to 212–720–5030. FOR FURTHER INFORMATION CONTACT: Lori Santamorena, Executive Director; Lee Grandy, Associate Director; or Kevin Hawkins, Government Securities Specialist; Bureau of the Public Debt, Department of the Treasury, at 202– 504–3632. SUPPLEMENTARY INFORMATION: In a press release issued on September 14, 2005, and in this Federal Register notice, the Treasury called for Large Position Reports from entities whose reportable positions in the 43⁄8% Treasury Notes of August 2012, Series D–2012, equaled or exceeded $2 billion as of the close of business Monday, September 12, 2005. This call for Large Position Reports is pursuant to the Department’s large position reporting rules under the Government Securities Act regulations (17 CFR part 420). Entities whose reportable positions in this note equaled or exceeded the $2 billion threshold must report these positions to the Federal Reserve Bank of New York. Entities with positions in this note below $2 billion are not required to file reports. Large Position Reports must be received by the Government Securities Dealer Statistical Unit of the Federal Reserve Bank of New York before noon Eastern Time on Tuesday, September 20, 2005, and must include the required position and administrative information. The Reports may be faxed to (212) 720–5030 or delivered to the Bank at 33 Liberty Street, 4th floor. The 43⁄8% Treasury Notes of August 2012, Series D–2012, have a CUSIP number of 912828 AJ 9, a STRIPS principal component CUSIP number of 912820 HF 7, and a maturity date of August 15, 2012. The press release and a copy of a sample Large Position Report, which appears in Appendix B of the rules at 17 CFR part 420, are available at the Bureau of the Public Debt’s Internet site at http://www.publicdebt.treas.gov. Questions about Treasury’s large position reporting rules should be directed to Treasury’s Government Securities Regulations Staff at Public Debt on (202) 504–3632. Questions regarding the method of submission of Large Position Reports should be directed to the Government Securities Dealer Statistical Unit of the Federal Reserve Bank of New York at (212) 720– 7993. The collection of large position information has been approved by the Office of Management and Budget pursuant to the Paperwork Reduction Act under OMB Control Number 1535– 0089. E:\FR\FM\16SEN1.SGM 16SEN1

Agencies

[Federal Register Volume 70, Number 179 (Friday, September 16, 2005)]
[Notices]
[Page 54806]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-18352]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34745]


Penn Eastern Rail Lines, Inc.--Operation Exemption--Expressway 95 
Industrial Park

    Penn Eastern Rail Lines, Inc. (Penn Eastern), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to operate as a rail common carrier, approximately 1.15 miles of track 
and right-of-way on easements in the Expressway 95 Industrial Park (the 
Park) in Bensalem, Bucks County, PA. The track known as the Bensalem 
Branch is located along the east side of Amtrak's Northeast Corridor 
(NEC) at ATK milepost 70.2, between Philadelphia, PA, and Trenton, 
NJ.\1\
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    \1\ Penn Eastern notes that Consolidated Rail Corporation 
(Conrail) formerly operated this track as exempt industrial trackage 
under 49 U.S.C. 10906 until the last customer ceased rail operations 
in 2002. Penn Eastern states that the track connects with portions 
of the NEC over which Conrail currently has operating rights. Penn 
Eastern also states that the line will initially serve three 
customers within the Park, but that it eventually expects to attract 
additional customers.
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    Penn Eastern certifies that its projected annual revenues as a 
result of this transaction will not result in the creation of a Class I 
or Class II rail carrier, and that its annual revenues will not exceed 
$5 million. The transaction was expected to be consummated on August 
26, 2005, 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. 34745, 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 John D. Heffner, 1920 N Street, 
NW., Suite 800, Washington, DC 20036.
    Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.

    Decided: September 9, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-18352 Filed 9-15-05; 8:45 am]
BILLING CODE 4915-01-P