Iowa Pacific Holdings, LLC and Permian Basin Railways-Continuance in Control Exemption-Santa Cruz and Monterey Bay Railway Company, 49863-49864 [2012-20240]

Download as PDF Federal Register / Vol. 77, No. 160 / Friday, August 17, 2012 / Notices The transaction may be consummated on or after August 31, 2012 (the effective date of the exemption). SCMB certifies that its projected annual revenues as a result of this transaction will not result in SCMB’s becoming a Class II or Class I rail carrier and will not exceed $5 million. 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. Petitions to stay must be filed no later than August 24, 2012 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35633, must be filed with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, a copy must be served on John D. Heffner, Strasburger & Price, LLP, 1700 K Street NW., Suite 640, Washington, DC 20006. Board decisions and notices are available on our Web site at www.stb.dot.gov. Decided: August 14, 2012. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Derrick A. Gardner, Clearance Clerk. [FR Doc. 2012–20241 Filed 8–16–12; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35657] Pacific Imperial Railroad, Inc.—Change in Operator Exemption—Rail Line of San Diego and Arizona Eastern Railway Company erowe on DSK2VPTVN1PROD with NOTICES Pacific Imperial Railroad, Inc. (PIR), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to change operators, pursuant to an agreement with Carrizo Gorge Railway, Inc. (CGR),1 from CGR to PIR over a 70.01-mile rail line between milepost Cruz County Regional Transportation Commission (SCCRTC). See Santa Cruz Cnty. Reg’l Transp. Comm’n—Petition for Declaratory Order, Docket No. FD 35653. SCCRTC seeks a finding that its purchase of the physical assets of the Line from UP is not subject to the Board’s approval jurisdiction and will not result in SCCRTC acquiring a common carrier obligation with respect to the Line. The petition will be addressed in a separate decision. 1 CGR was authorized to operate the Desert Line in Carrizo Gorge Railway—Operation Exemption— San Diego and Eastern Railway, FD 34485 (STB served Apr. 12, 2004). VerDate Mar<15>2010 15:13 Aug 16, 2012 Jkt 226001 59.60 in Division, Cal. and milepost 129.61 in Plaster City, Cal. (Desert Line).2 The Desert Line is owned by San Diego and Arizona Eastern Railway Company (SD&AE). The agreement provides for a change in operators for the Desert Line through CGR’s assignment of its authority to operate the Desert Line to PIR, with the consent of SD&AE, its parent, San Diego Metropolitan Transit Development Board, and SD&IV. The transaction may be consummated on or after August 31, 2012 (30 days after the notice of exemption was filed). PIR certifies that its projected annual revenues as a result of this transaction will not exceed those that would qualify it as a Class III rail carrier and further certifies that its projected annual revenues will not exceed $5 million. 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. Petitions for stay must be filed no later than August 24, 2012 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35657, must be filed with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, one copy of each pleading must be served on Thomas F. McFarland, 208 South LaSalle Street, Suite 1890, Chicago, IL 60604. Board decisions and notices are available on our Web site at www.stb.dot.gov. Decided: August 13, 2012. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2012–20260 Filed 8–16–12; 8:45 am] 49863 DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35632] Iowa Pacific Holdings, LLC and Permian Basin Railways—Continuance in Control Exemption—Santa Cruz and Monterey Bay Railway Company Iowa Pacific Holdings, LLC, and Permian Basin Railways (IPH/PBR), noncarriers, have filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in control of Santa Cruz and Monterey Bay Railway Company (SCMB) upon SCMB’s becoming a Class III rail carrier.1 In a concurrently filed verified notice of exemption, SCMB seeks Board approval to acquire by assignment from Sierra Northern Railway its lease and operating rights over a 31.0-mile rail line (the Line) owned by Union Pacific Railroad Company (UP). The Line, known as the Santa Cruz Branch, extends from milepost 0.433 at the east boundary of Salinas Road, near Watsonville Junction, Cal., to milepost 31.39 at the end of the line near Davenport, Cal., and includes an interconnection with Santa Cruz, Big Trees & Pacific Railway Company at milepost 20.4 in Santa Cruz, Cal., and an additional 3.6 miles of siding and spur track. Santa Cruz & Monterey Bay Ry.—Assignment of Lease Exemption— Sierra N. Ry., Docket No. FD 35633. In addition, SCMB has filed a related verified notice of exemption to acquire from UP its permanent and exclusive operating easement over the Line.2 Santa Cruz & Monterey Bay Ry.— Acquis. & Operation Exemption—Union Pac. R.R., Docket No. FD 35659. The transaction may be consummated on or after August 31, 2012 (the effective date of the exemption). IPH/PBR subsidiary railroads include: (1) Chicago Terminal Railroad, located in and around Chicago, Ill.; (2) Mount Hood Railroad, located in Oregon; (3) San Luis & Rio Grande Railroad, located in Colorado; (4) Saratoga & North Creek Railway, located in New York; (5) BILLING CODE 4915–01–P 2 PIR states that San Diego & Imperial Valley Railroad Company, Inc. (SD&IV) has residual authority to operate the Desert Line and has agreed to assign that authority to PIR. PIR states that it will file another notice of exemption for Board approval at the appropriate time regarding that assignment. PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 1 PBR and SCMB are wholly owned subsidiaries of IPH. 2 Related to these notices of exemption is a petition for a declaratory order filed by the Santa Cruz County Regional Transportation Commission (SCCRTC). See Santa Cruz Cnty. Reg’l Transp. Comm’n—Petition for Declaratory Order, Docket No. FD 35653. SCCRTC seeks a finding that its purchase of the physical assets of the Line from UP is not subject to the Board’s approval jurisdiction and will not result in SCCRTC acquiring a common carrier obligation with respect to the Line. As part of the transaction, UP will retain the permanent and exclusive operating easement over the Line that SCMB is seeking to acquire. The petition will be addressed in a separate decision. E:\FR\FM\17AUN1.SGM 17AUN1 49864 Federal Register / Vol. 77, No. 160 / Friday, August 17, 2012 / Notices Texas-New Mexico Railroad, located in New Mexico and Texas; and (6) West Texas & Lubbock Railway, located in Texas. IPH/PBR represent that: (1) The Line does not connect with any other railroads in the corporate family; (2) the transaction is not part of a series of anticipated transactions that would connect the Line with any other railroads in the corporate family; and (3) the transaction does not involve a Class I rail carrier. Therefore, the transaction is exempt from the prior approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2). 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 all of the carriers involved are Class III 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 effectiveness of the exemption. Stay petitions must be filed no later than August 24, 2012 (at least 7 days before the exemption becomes effective). An original and 10 copies of all pleadings, referring to Docket No. FD 35632, must be filed with the Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, one copy of each pleading must be served on John D. Heffner, Strasburger & Price, LLP, 1700 K Street NW., Suite 640, Washington, DC 20006. Board decisions and notices are available on our Web site at www.stb.dot.gov. Office of the Secretary List of Countries Requiring Cooperation With an International Boycott In accordance with section 999(a)(3) of the Internal Revenue Code of 1986, the Department of the Treasury is publishing a current list of countries which require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). On the basis of the best information currently available to the Department of the Treasury, the following countries require or may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). Iraq Kuwait Lebanon Libya Qatar Saudi Arabia Syria United Arab Emirates Yemen Dated: August 13, 2012. Danielle Rolfes, Acting International Tax Counsel, Tax Policy. [FR Doc. 2012–20182 Filed 8–16–12; 8:45 am] BILLING CODE 4810–25–M DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Designation of One (1) Entity Pursuant to Executive Order 13582 of August 17, 2011, ‘‘Blocking Property of the Government of Syria and Prohibiting Certain Transactions With Respect to Syria’’ Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (‘‘OFAC’’) is publishing the name of one (1) entity whose property and interests in property are blocked pursuant to Executive Order 13582 of August 17, 2011, ‘‘Blocking Property of the Government of Syria and Prohibiting Certain Transactions With Respect to Syria.’’ SUMMARY: Decided: August 14, 2012. By the Board, Rachel D. Campbell, Director, Office of Proceedings. Derrick A. Gardner, Clearance Clerk. erowe on DSK2VPTVN1PROD with NOTICES DEPARTMENT OF THE TREASURY [FR Doc. 2012–20240 Filed 8–16–12; 8:45 am] BILLING CODE 4915–01–P The designation by the Director of OFAC of the one (1) entity identified in this notice, pursuant to Executive DATES: VerDate Mar<15>2010 15:13 Aug 16, 2012 Jkt 226001 PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 Order 13582, is effective on August 10, 2012. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, 1500 Pennsylvania Avenue NW., (Treasury Annex), Washington, DC 20220, Tel.: 202/622– 2490. SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (www.treas.gov/ofac) or via facsimile through a 24-hour fax-on-demand service, Tel.: 202/622–0077. Background On August 17, 2011, the President issued Executive Order 13582, ‘‘Blocking Property of the Government of Syria and Prohibiting Certain Transactions With Respect to Syria,’’ (the ‘‘Order’’) pursuant to, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–06). In the Order, the President took additional steps with respect to the national emergency declared in Executive Order 13338 of May 11, 2004, which was modified in scope and relied upon for additional steps taken in Executive Order 13399 of April 25, 2006, Executive Order 13460 of February 13, 2008, Executive Order 13572 of April 29, 2011, and Executive Order 13573 of May 18, 2011. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person, including any overseas branch, of (1) the Government of Syria; (2) any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, (a) to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, any person whose property and interests in property are blocked pursuant to the Order; or (b) to be owned or controlled by, or to have acted or purported to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the Order. On August 10, 2012, the Director of OFAC, in consultation with the Department of State, designated, pursuant to one or more of the criteria set forth in subsection 1(b) of the Order, E:\FR\FM\17AUN1.SGM 17AUN1

Agencies

[Federal Register Volume 77, Number 160 (Friday, August 17, 2012)]
[Notices]
[Pages 49863-49864]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-20240]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. FD 35632]


Iowa Pacific Holdings, LLC and Permian Basin Railways--
Continuance in Control Exemption--Santa Cruz and Monterey Bay Railway 
Company

    Iowa Pacific Holdings, LLC, and Permian Basin Railways (IPH/PBR), 
noncarriers, have filed a verified notice of exemption pursuant to 49 
CFR 1180.2(d)(2) to continue in control of Santa Cruz and Monterey Bay 
Railway Company (SCMB) upon SCMB's becoming a Class III rail 
carrier.\1\
---------------------------------------------------------------------------

    \1\ PBR and SCMB are wholly owned subsidiaries of IPH.
---------------------------------------------------------------------------

    In a concurrently filed verified notice of exemption, SCMB seeks 
Board approval to acquire by assignment from Sierra Northern Railway 
its lease and operating rights over a 31.0-mile rail line (the Line) 
owned by Union Pacific Railroad Company (UP). The Line, known as the 
Santa Cruz Branch, extends from milepost 0.433 at the east boundary of 
Salinas Road, near Watsonville Junction, Cal., to milepost 31.39 at the 
end of the line near Davenport, Cal., and includes an interconnection 
with Santa Cruz, Big Trees & Pacific Railway Company at milepost 20.4 
in Santa Cruz, Cal., and an additional 3.6 miles of siding and spur 
track. Santa Cruz & Monterey Bay Ry.--Assignment of Lease Exemption--
Sierra N. Ry., Docket No. FD 35633.
    In addition, SCMB has filed a related verified notice of exemption 
to acquire from UP its permanent and exclusive operating easement over 
the Line.\2\ Santa Cruz & Monterey Bay Ry.--Acquis. & Operation 
Exemption--Union Pac. R.R., Docket No. FD 35659.
---------------------------------------------------------------------------

    \2\ Related to these notices of exemption is a petition for a 
declaratory order filed by the Santa Cruz County Regional 
Transportation Commission (SCCRTC). See Santa Cruz Cnty. Reg'l 
Transp. Comm'n--Petition for Declaratory Order, Docket No. FD 35653. 
SCCRTC seeks a finding that its purchase of the physical assets of 
the Line from UP is not subject to the Board's approval jurisdiction 
and will not result in SCCRTC acquiring a common carrier obligation 
with respect to the Line. As part of the transaction, UP will retain 
the permanent and exclusive operating easement over the Line that 
SCMB is seeking to acquire. The petition will be addressed in a 
separate decision.
---------------------------------------------------------------------------

    The transaction may be consummated on or after August 31, 2012 (the 
effective date of the exemption).
    IPH/PBR subsidiary railroads include: (1) Chicago Terminal 
Railroad, located in and around Chicago, Ill.; (2) Mount Hood Railroad, 
located in Oregon; (3) San Luis & Rio Grande Railroad, located in 
Colorado; (4) Saratoga & North Creek Railway, located in New York; (5)

[[Page 49864]]

Texas-New Mexico Railroad, located in New Mexico and Texas; and (6) 
West Texas & Lubbock Railway, located in Texas.
    IPH/PBR represent that: (1) The Line does not connect with any 
other railroads in the corporate family; (2) the transaction is not 
part of a series of anticipated transactions that would connect the 
Line with any other railroads in the corporate family; and (3) the 
transaction does not involve a Class I rail carrier. Therefore, the 
transaction is exempt from the prior approval requirements of 49 U.S.C. 
11323. See 49 CFR 1180.2(d)(2).
    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 all of 
the carriers involved are Class III 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 effectiveness of the 
exemption. Stay petitions must be filed no later than August 24, 2012 
(at least 7 days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 35632, must be filed with the Surface Transportation Board, 395 E 
Street SW., Washington, DC 20423-0001. In addition, one copy of each 
pleading must be served on John D. Heffner, Strasburger & Price, LLP, 
1700 K Street NW., Suite 640, Washington, DC 20006.
    Board decisions and notices are available on our Web site at 
www.stb.dot.gov.

    Decided: August 14, 2012.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Derrick A. Gardner,
Clearance Clerk.
[FR Doc. 2012-20240 Filed 8-16-12; 8:45 am]
BILLING CODE 4915-01-P
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