Heart of Texas Railroad, L.P.-Acquisition and Operation Exemption-Gulf Colorado & San Saba Railway Company, 802 [2013-00044]
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Federal Register / Vol. 78, No. 3 / Friday, January 4, 2013 / Notices
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Issued on: December 28, 2012.
Michael L. Brown,
Acting Associate Administrator for Research
and Program Development.
[FR Doc. 2012–31691 Filed 1–3–13; 8:45 am]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35710]
Heart of Texas Railroad, L.P.—
Acquisition and Operation
Exemption—Gulf Colorado & San Saba
Railway Company
Heart of Texas Railroad, L.P. (the
Company), a noncarrier, has filed a
verified notice of exemption under 49
CFR 1150.31 to acquire from Gulf
Colorado & San Saba Railway Company
(the Seller), and to operate,
approximately 67.5 miles of rail line
between milepost 0.0 at Lometa, and
milepost 67.5 at Brady, in Lampasas,
Mills, San Saba and McCullouch
Counties, Tex. (the Line).1
The Company states that the
agreement between the Company and
the Seller does not involve any
provision or agreement that would limit
future interchange with a third-party
connecting carrier.
The transaction is expected to be
consummated on or about January 28,
2013. The earliest this transaction can
be consummated is January 20, 2013,
the effective date of the exemption.
The Company certifies that its
projected annual revenues as a result of
this transaction will not exceed those
that would qualify it a Class III 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 January 14, 2012 (at
least 7 days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35710, 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 Rose-Michele Nardi,
Transport Counsel PC, 1701
Pennsylvania Ave. NW., Suite 300,
Washington, DC 20006.
Board decisions and notices are
available on our Web site at
www.stb.dot.gov.
By the Board.
Decided: January 2, 2013.
Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013–00044 Filed 1–3–13; 8:45 am]
1 According
to the Company, on July 3, 2012, the
Seller filed a voluntary Chapter 11 bankruptcy
petition, and, on July 31, 2012, Ronald Hornberger
was appointed the Chapter 11 Trustee of the Seller’s
bankruptcy estate. The Company states that,
pursuant to a purchase agreement dated December
17, 2012, it has agreed to acquire Seller’s interest
in this line of railroad.
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Agencies
[Federal Register Volume 78, Number 3 (Friday, January 4, 2013)]
[Notices]
[Page 802]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-00044]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35710]
Heart of Texas Railroad, L.P.--Acquisition and Operation
Exemption--Gulf Colorado & San Saba Railway Company
Heart of Texas Railroad, L.P. (the Company), a noncarrier, has
filed a verified notice of exemption under 49 CFR 1150.31 to acquire
from Gulf Colorado & San Saba Railway Company (the Seller), and to
operate, approximately 67.5 miles of rail line between milepost 0.0 at
Lometa, and milepost 67.5 at Brady, in Lampasas, Mills, San Saba and
McCullouch Counties, Tex. (the Line).\1\
---------------------------------------------------------------------------
\1\ According to the Company, on July 3, 2012, the Seller filed
a voluntary Chapter 11 bankruptcy petition, and, on July 31, 2012,
Ronald Hornberger was appointed the Chapter 11 Trustee of the
Seller's bankruptcy estate. The Company states that, pursuant to a
purchase agreement dated December 17, 2012, it has agreed to acquire
Seller's interest in this line of railroad.
---------------------------------------------------------------------------
The Company states that the agreement between the Company and the
Seller does not involve any provision or agreement that would limit
future interchange with a third-party connecting carrier.
The transaction is expected to be consummated on or about January
28, 2013. The earliest this transaction can be consummated is January
20, 2013, the effective date of the exemption.
The Company certifies that its projected annual revenues as a
result of this transaction will not exceed those that would qualify it
a Class III 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 January 14,
2012 (at least 7 days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 35710, 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 Rose-Michele Nardi, Transport Counsel PC,
1701 Pennsylvania Ave. NW., Suite 300, Washington, DC 20006.
Board decisions and notices are available on our Web site at
www.stb.dot.gov.
By the Board.
Decided: January 2, 2013.
Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013-00044 Filed 1-3-13; 8:45 am]
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