Stillwater Central Railroad, L.L.C.-Lease Exemption With Interchange Commitment-BNSF Railway Company, 24134 [2021-09505]

Download as PDF 24134 Federal Register / Vol. 86, No. 85 / Wednesday, May 5, 2021 / Notices 29 North Wacker Drive, Suite 800, Chicago, IL 60606. According to BBR, this action is categorically excluded from environmental review under 49 CFR 1105.6(c) and from historic reporting requirements under 49 CFR 1105.8(b). Board decisions and notices are available at www.stb.gov. Decided: April 29, 2021. By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. Aretha Laws-Byrum, Clearance Clerk. [FR Doc. 2021–09462 Filed 5–4–21; 8:45 am] BILLING CODE 4915–01–P SURFACE TRANSPORTATION BOARD [Docket No. FD 36445] Stillwater Central Railroad, L.L.C.— Lease Exemption With Interchange Commitment—BNSF Railway Company Stillwater Central Railroad, L.L.C. (SCR), a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to lease from the BNSF Railway Company (BNSF) and operate two rail line segments: (1) From milepost 549.01 on Line Segment 1003 at Wheatland easterly to milepost 540.65 on Line Segment 7405, immediately west of Shields Blvd.; and (2) from milepost 540.0 on Line Segment 1003 easterly to the end of BNSF ownership at milepost 536.4 on the same segment (including the North Yard) in Oklahoma County, Okla. (the Lines). The Lines total approximately 12.6 route miles. According to the verified notice, SCR has leased and operated the Lines since 2005.1 The verified notice states that SCR and BNSF have executed a revised lease agreement to govern SCR’s leasehold of the Lines, which will extend the term of the lease until July 31, 2030. SCR states that it will continue to be the operator of the Lines. According to SCR, the amended lease between SCR and BNSF contains an interchange commitment that affects interchange with carriers other than BNSF.2 The affected interchange is with the Union Pacific Railroad Company at Oklahoma City, Okla., on Segment 2. As required under 49 CFR 1150.43(h), SCR provided additional information regarding the interchange commitment. SCR has certified that its projected annual revenues as a result of this transaction will not result in SCR’s becoming a Class II or Class I rail carrier, but that its projected annual revenues are anticipated to exceed $5 million. Pursuant to 49 CFR 1150.42(e), if a carrier’s projected annual revenues will exceed $5 million, it must, at least 60 days before this exemption is to become effective, post a notice of its intent to undertake the proposed transaction at the workplace of the employees on the affected lines, serve a copy of the notice on the national offices of the labor unions with employees on the affected lines, and certify to the Board that it has done so. However, SCR, concurrently with its verified notice of exemption, filed a petition for waiver of the 60-day advance labor notice requirement. SCR’s waiver request will be addressed in a separate decision. The Board will establish the effective date of the exemption in its separate decision on the waiver request. 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 effectiveness of the exemption. Petitions for stay must be filed no later than May 12, 2021. All pleadings, referring to Docket No. FD 36445, should be filed with the Surface Transportation Board via efiling on the Board’s website. In addition, one copy of each pleading must be served on SCR’s representative: Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 800, Chicago, IL 60606. According to SCR, this action is categorically excluded from environmental review under 49 CFR 1105.6(c) and from historic preservation reporting requirements under 49 CFR 1105.8(b). Board decisions and notices are available at www.stb.gov. Decided: April 30, 2021. By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2021–09505 Filed 5–4–21; 8:45 am] 1 See Stillwater Cent. R.R.—Lease & Operation Exemption—Burlington N. & Santa Fe Ry., FD 34610 (STB served Jan. 19, 2005). 2 A copy of the lease with the interchange commitment was submitted under seal. See 49 CFR 1150.43(h)(1). VerDate Sep<11>2014 23:06 May 04, 2021 Jkt 253001 BILLING CODE 4915–01–P PO 00000 Frm 00221 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Mandatory Survey of Foreign Ownership of U.S. Securities Notice of reporting requirements. ACTION: Departmental Offices, Department of the Treasury. SUMMARY: By this Notice, the Department of the Treasury is informing the public that it is conducting a mandatory survey of foreign ownership of U.S. securities as of June 30, 2021. This mandatory survey is conducted under the authority of the International Investment and Trade in Services Survey Act. This Notice constitutes legal notification to all United States persons (defined below) who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, this survey. Additional copies of the reporting forms SHLA (2021) and instructions may be printed from the internet at: https:// home.treasury.gov/data/treasuryinternational-capital-tic-system-homepage/tic-forms-instructions/forms-shl. SUPPLEMENTARY INFORMATION: Definition: A U.S. person is any individual, branch, partnership, associated group, association, estate, trust, corporation, or other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the United States Government, a State or local government, and any agency, corporation, financial institution, or other entity or instrumentality thereof, including a government-sponsored agency), who resides in the United States or is subject to the jurisdiction of the United States. Who Must Report: The panel for this survey is based primarily on the level of foreign resident holdings of U.S. securities reported on the June 2019 benchmark survey of foreign resident holdings of U.S. securities, and on the Aggregate Holdings of Long-Term Securities by U.S. and Foreign Residents (TIC SLT) report as of December 2020, and will consist mostly of the largest reporters. Entities required to report will be contacted individually by the Federal Reserve Bank of New York. Entities not contacted by the Federal Reserve Bank of New York have no reporting responsibilities. What to Report: This report will collect information on foreign resident holdings of U.S. securities, including equities, short-term debt securities (including selected money market instruments), and long-term debt securities. AGENCY: E:\FR\FM\05MYN1.SGM 05MYN1

Agencies

[Federal Register Volume 86, Number 85 (Wednesday, May 5, 2021)]
[Notices]
[Page 24134]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-09505]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36445]


Stillwater Central Railroad, L.L.C.--Lease Exemption With 
Interchange Commitment--BNSF Railway Company

    Stillwater Central Railroad, L.L.C. (SCR), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to lease from the BNSF Railway Company (BNSF) and operate two rail line 
segments: (1) From milepost 549.01 on Line Segment 1003 at Wheatland 
easterly to milepost 540.65 on Line Segment 7405, immediately west of 
Shields Blvd.; and (2) from milepost 540.0 on Line Segment 1003 
easterly to the end of BNSF ownership at milepost 536.4 on the same 
segment (including the North Yard) in Oklahoma County, Okla. (the 
Lines). The Lines total approximately 12.6 route miles.
    According to the verified notice, SCR has leased and operated the 
Lines since 2005.\1\ The verified notice states that SCR and BNSF have 
executed a revised lease agreement to govern SCR's leasehold of the 
Lines, which will extend the term of the lease until July 31, 2030. SCR 
states that it will continue to be the operator of the Lines.
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    \1\ See Stillwater Cent. R.R.--Lease & Operation Exemption--
Burlington N. & Santa Fe Ry., FD 34610 (STB served Jan. 19, 2005).
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    According to SCR, the amended lease between SCR and BNSF contains 
an interchange commitment that affects interchange with carriers other 
than BNSF.\2\ The affected interchange is with the Union Pacific 
Railroad Company at Oklahoma City, Okla., on Segment 2. As required 
under 49 CFR 1150.43(h), SCR provided additional information regarding 
the interchange commitment.
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    \2\ A copy of the lease with the interchange commitment was 
submitted under seal. See 49 CFR 1150.43(h)(1).
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    SCR has certified that its projected annual revenues as a result of 
this transaction will not result in SCR's becoming a Class II or Class 
I rail carrier, but that its projected annual revenues are anticipated 
to exceed $5 million. Pursuant to 49 CFR 1150.42(e), if a carrier's 
projected annual revenues will exceed $5 million, it must, at least 60 
days before this exemption is to become effective, post a notice of its 
intent to undertake the proposed transaction at the workplace of the 
employees on the affected lines, serve a copy of the notice on the 
national offices of the labor unions with employees on the affected 
lines, and certify to the Board that it has done so. However, SCR, 
concurrently with its verified notice of exemption, filed a petition 
for waiver of the 60-day advance labor notice requirement. SCR's waiver 
request will be addressed in a separate decision. The Board will 
establish the effective date of the exemption in its separate decision 
on the waiver request.
    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 effectiveness of the exemption. 
Petitions for stay must be filed no later than May 12, 2021.
    All pleadings, referring to Docket No. FD 36445, should be filed 
with the Surface Transportation Board via e-filing on the Board's 
website. In addition, one copy of each pleading must be served on SCR's 
representative: Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker 
Drive, Suite 800, Chicago, IL 60606.
    According to SCR, this action is categorically excluded from 
environmental review under 49 CFR 1105.6(c) and from historic 
preservation reporting requirements under 49 CFR 1105.8(b).
    Board decisions and notices are available at www.stb.gov.

    Decided: April 30, 2021.

    By the Board, Scott M. Zimmerman, Acting Director, Office of 
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2021-09505 Filed 5-4-21; 8:45 am]
BILLING CODE 4915-01-P