Saratoga and North Creek Railway, LLC-Acquisition and Operation Exemption-Delaware and Hudson Railway Company, Inc. d/b/a Canadian Pacific, 31678 [2011-13493]
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Federal Register / Vol. 76, No. 105 / Wednesday, June 1, 2011 / Notices
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[FR Doc. 2011–13545 Filed 5–31–11; 8:45 am]
BILLING CODE 4910–RY–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35500]
mstockstill on DSK4VPTVN1PROD with NOTICES
Saratoga and North Creek Railway,
LLC—Acquisition and Operation
Exemption–Delaware and Hudson
Railway Company, Inc. d/b/a Canadian
Pacific
Saratoga and North Creek Railway,
LLC (Saratoga),1 a noncarrier, has filed
a verified notice of exemption under 49
CFR 1150.31 to acquire from Delaware
and Hudson Railway Company, Inc.
d/b/a Canadian Pacific (CP) a permanent
and exclusive freight rail easement over,
1 Saratoga is a limited liability company, wholly
owned by San Luis & Rio Grande Railroad (SLRG).
SLRG is a Class III rail carrier and a subsidiary of
Permian Basin Railways, Inc., which in turn is
owned by Iowa Pacific Holdings, LLC.
VerDate Mar<15>2010
18:48 May 31, 2011
Jkt 223001
and to operate, approximately 16.45miles of rail line known as the
Adirondack Branch extending between
Adirondack Branch milepost 39.44 at or
near Saratoga Springs, NY, and
Adirondack Branch milepost 55.89 at or
near Corinth, NY.2 In addition, Saratoga
states that it will acquire approximately
3.2 miles of operating rights for the
purpose of interchange with CP between
Adirondack Branch milepost 39.44 and
CP’s yard at Saratoga Springs located at
Canadian Subdivision milepost 35.3 The
Town will remain the owner of the
tracks and right-of-way.
Saratoga states that it is negotiating
the terms of an agreement with CP
covering its acquisition of the
permanent and exclusive freight
easement and operating rights over CP’s
reserved operating easement, as well as
an agreement with the Town for the use
of its track and right-of-way.4
This transaction is related to two
simultaneously filed notices of
exemption: (1) Docket No. FD 35500
(Sub-No. 1), Saratoga and North Creek
Railway, LLC–Operation Exemption–
Warren County, NY, in which Saratoga
seeks an exemption under 49 CFR
1150.31 to operate over approximately
39.07 miles of rail line owned by
Warren County, NY, extending between
milepost 55.89 at or near Corinth, NY,
and milepost 94.96 at North Creek, NY;
and (2) Docket No. FD 35499, San Luis
& Rio Grande Railroad–Continuance in
Control Exemption–Saratoga and North
Creek Railway, LLC, in which SLRG
seeks an exemption to continue in
control of Saratoga upon Saratoga’s
becoming a Class III rail carrier. As a
result of these transactions, Saratoga
will have authority to operate from
Saratoga Springs to North Creek.
2 CP sold the underlying track and right-of-way to
the Town of Corinth, NY (the Town), subject to CP’s
reservation of an exclusive and permanent
easement to continue to provide common carrier
freight service over the line. See The Town of
Corinth, NY–Acquisition and Operation
Exemption–Canadian Pac. Ry., FD 34803 (STB
served Jan. 11, 2006 and Mar. 9, 2006). The
transaction was structured so that the Town would
not incur a freight rail common carrier obligation
when it purchased those rail line assets from CP.
See Me. Dep’t of Transp.–Aquis. & Operation
Exemption–Me. Cent. R.R., 8 I.C.C.2d 835 (1991).
Saratoga is acquiring the easement and the
associated freight rail common carrier rights and
obligations that CP reserved for itself at the time of
the sale.
3 By letter filed May 18, 2011, Saratoga explains
that the apparent discrepancy between the
mileposts and total mileage arose over the years
from CP’s making changes to the track or right-ofway with the result that the distance was shortened
and/or the milepost at the point of interchange was
changed.
4 While the parties have not completed the
agreements, Saratoga must acquire sufficient rights
to fully meet the common carrier obligation being
acquired from CP.
PO 00000
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Saratoga indicates that its agreement
with the Town will not permit the
collecting, sorting, loading, unloading,
transferring, or transporting of
municipal solid waste or construction
and demolition material.5
Saratoga certifies that its projected
annual revenues as a result of this
transaction will not result in Saratoga’s
becoming a Class II or Class I rail carrier
and will not exceed $5 million.
Saratoga intends to consummate the
transaction in either late June or early
July 2011. The earliest the transaction
may be consummated is after the June
15, 2011 effective date of the exemption
(30 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 effectiveness of
the exemption. Stay petitions must be
filed no later than June 8, 2011 (at least
7 days before the exemption becomes
effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35500, must be filed with the Surface
Transportation Board, 395 E Street, SW.,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on John D. Heffner, John D.
Heffner, PLLC, 1750 K Street, NW.,
Suite 200, Washington, DC 20006.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: May 26, 2011.
By the Board.
Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2011–13493 Filed 5–31–11; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35499]
San Luis & Rio Grande Railroad—
Continuance in Control Exemption—
Saratoga and North Creek Railway,
LLC
San Luis & Rio Grande Railroad
(SLRG), a Class III rail carrier, has filed
a verified notice of exemption to
continue in control of Saratoga and
5 Saratoga is reminded that it cannot by contract
avoid its common carrier obligation to transport a
commodity over the line.
E:\FR\FM\01JNN1.SGM
01JNN1
Agencies
[Federal Register Volume 76, Number 105 (Wednesday, June 1, 2011)]
[Notices]
[Page 31678]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-13493]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35500]
Saratoga and North Creek Railway, LLC--Acquisition and Operation
Exemption-Delaware and Hudson Railway Company, Inc. d/b/a Canadian
Pacific
Saratoga and North Creek Railway, LLC (Saratoga),\1\ a noncarrier,
has filed a verified notice of exemption under 49 CFR 1150.31 to
acquire from Delaware and Hudson Railway Company, Inc. d/b/a Canadian
Pacific (CP) a permanent and exclusive freight rail easement over, and
to operate, approximately 16.45-miles of rail line known as the
Adirondack Branch extending between Adirondack Branch milepost 39.44 at
or near Saratoga Springs, NY, and Adirondack Branch milepost 55.89 at
or near Corinth, NY.\2\ In addition, Saratoga states that it will
acquire approximately 3.2 miles of operating rights for the purpose of
interchange with CP between Adirondack Branch milepost 39.44 and CP's
yard at Saratoga Springs located at Canadian Subdivision milepost
35.\3\ The Town will remain the owner of the tracks and right-of-way.
---------------------------------------------------------------------------
\1\ Saratoga is a limited liability company, wholly owned by San
Luis & Rio Grande Railroad (SLRG). SLRG is a Class III rail carrier
and a subsidiary of Permian Basin Railways, Inc., which in turn is
owned by Iowa Pacific Holdings, LLC.
\2\ CP sold the underlying track and right-of-way to the Town of
Corinth, NY (the Town), subject to CP's reservation of an exclusive
and permanent easement to continue to provide common carrier freight
service over the line. See The Town of Corinth, NY-Acquisition and
Operation Exemption-Canadian Pac. Ry., FD 34803 (STB served Jan. 11,
2006 and Mar. 9, 2006). The transaction was structured so that the
Town would not incur a freight rail common carrier obligation when
it purchased those rail line assets from CP. See Me. Dep't of
Transp.-Aquis. & Operation Exemption-Me. Cent. R.R., 8 I.C.C.2d 835
(1991). Saratoga is acquiring the easement and the associated
freight rail common carrier rights and obligations that CP reserved
for itself at the time of the sale.
\3\ By letter filed May 18, 2011, Saratoga explains that the
apparent discrepancy between the mileposts and total mileage arose
over the years from CP's making changes to the track or right-of-way
with the result that the distance was shortened and/or the milepost
at the point of interchange was changed.
---------------------------------------------------------------------------
Saratoga states that it is negotiating the terms of an agreement
with CP covering its acquisition of the permanent and exclusive freight
easement and operating rights over CP's reserved operating easement, as
well as an agreement with the Town for the use of its track and right-
of-way.\4\
---------------------------------------------------------------------------
\4\ While the parties have not completed the agreements,
Saratoga must acquire sufficient rights to fully meet the common
carrier obligation being acquired from CP.
---------------------------------------------------------------------------
This transaction is related to two simultaneously filed notices of
exemption: (1) Docket No. FD 35500 (Sub-No. 1), Saratoga and North
Creek Railway, LLC-Operation Exemption-Warren County, NY, in which
Saratoga seeks an exemption under 49 CFR 1150.31 to operate over
approximately 39.07 miles of rail line owned by Warren County, NY,
extending between milepost 55.89 at or near Corinth, NY, and milepost
94.96 at North Creek, NY; and (2) Docket No. FD 35499, San Luis & Rio
Grande Railroad-Continuance in Control Exemption-Saratoga and North
Creek Railway, LLC, in which SLRG seeks an exemption to continue in
control of Saratoga upon Saratoga's becoming a Class III rail carrier.
As a result of these transactions, Saratoga will have authority to
operate from Saratoga Springs to North Creek.
Saratoga indicates that its agreement with the Town will not permit
the collecting, sorting, loading, unloading, transferring, or
transporting of municipal solid waste or construction and demolition
material.\5\
---------------------------------------------------------------------------
\5\ Saratoga is reminded that it cannot by contract avoid its
common carrier obligation to transport a commodity over the line.
---------------------------------------------------------------------------
Saratoga certifies that its projected annual revenues as a result
of this transaction will not result in Saratoga's becoming a Class II
or Class I rail carrier and will not exceed $5 million.
Saratoga intends to consummate the transaction in either late June
or early July 2011. The earliest the transaction may be consummated is
after the June 15, 2011 effective date of the exemption (30 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 effectiveness of the
exemption. Stay petitions must be filed no later than June 8, 2011 (at
least 7 days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 35500, must be filed with the Surface Transportation Board, 395 E
Street, SW., Washington, DC 20423-0001. In addition, a copy of each
pleading must be served on John D. Heffner, John D. Heffner, PLLC, 1750
K Street, NW., Suite 200, Washington, DC 20006.
Board decisions and notices are available on our Web site at https://www.stb.dot.gov.
Decided: May 26, 2011.
By the Board.
Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2011-13493 Filed 5-31-11; 8:45 am]
BILLING CODE 4915-01-P