Riverside Rail, Inc.-Operation Exemption-Tracks of Riverside Industrial Complex, Inc., in Bucks County, Pa., 72920-72921 [2024-20118]
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Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Notices
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lotter on DSK11XQN23PROD with NOTICES1
Sarah E. Prosser,
Assistant Legal Adviser, Office of Private
International Law Department of State.
[FR Doc. 2024–20151 Filed 9–5–24; 8:45 am]
BILLING CODE 4710–08–P
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36794]
Colorado Pacific San Luis Railroad
LLC—Acquisition and Operation
Exemption—San Luis Central Railroad
Company
Colorado Pacific San Luis Railroad
LLC (CXSL), a noncarrier, has filed a
verified notice of exemption pursuant to
49 CFR 1150.31 to acquire and operate
a line of railroad owned by the San Luis
Central Railroad Company (SLC). The
track extends 13 miles from milepost 2.0
at Sugar Junction, east of Monte Vista,
Colo. (connecting at approximately
milepost 269.0 of the main line of the
Colorado Pacific Rio Grande Railroad,
LLC), to the end of the track at milepost
15.0 near Center, Colo. (the Line). The
Line comprises all of SLC’s railroad
system and assets. Upon this exemption
becoming effective, CXSL will become a
Class III rail carrier and assume all of
SLC’s common carrier obligations to
service the customers located along the
Line.
According to the verified notice, the
owners of SLC and Soloviev Investors,
LLC (Soloviev Investors) executed an
Asset Purchase Agreement (APA) on
July 26, 2024, whereby the track assets
and certain other assets of SLC are to be
sold to Soloviev Investors or ‘‘its
permitted assignee.’’ CXSL states that
Soloviev Investors assigned all of its
rights in the APA to CXSL on July 31,
2024.
The transaction may be consummated
on or after September 22, 2024, the
effective date of the exemption (30 days
after the verified notice was filed).
This transaction is related to a
concurrently filed petition for
exemption in Stefan Soloviev, Executor,
the Estate of Sheldon H. Solow—
Continuance in Control Exemption—
Colorado Pacific San Luis Railroad,
Docket No. FD 36795, in which the
Estate of Sheldon H. Solow (the Estate),
a noncarrier, seeks to continue in
control of CXSL upon CXSL becoming
a Class III rail carrier.1
CXSL certifies that its projected
annual revenues will not exceed $5
million and will not result in CXSL
becoming a Class II or Class I rail
carrier. CXSL also certifies that the APA
1 The Estate indicates that because the acquisition
transaction may close prior to the Board’s issuance
of a decision on the Estate’s continuance in control
petition, the Estate will, if necessary, enter into a
voting trust agreement pursuant to 49 CFR part
1013. See 49 CFR 1013.3(b) (‘‘Any person who
establishes an independent trust for the receipt of
the voting stock of [a] carrier must file a copy of
the trust, along with any auxiliary or modifying
documents, with the Board.’’).
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does not create any interchange
commitments as that term is defined by
49 CFR 1150.33(h).
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 September 13,
2024 (at least seven days before the
exemption becomes effective).
All pleadings, referring to Docket No.
FD 36794, must be filed with the
Surface Transportation Board either via
e-filing on the Board’s website or in
writing addressed to 395 E Street SW,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on CXSL’s representative,
Thomas W. Wilcox, Law Office of
Thomas W. Wilcox, LLC, 1629 K Street
NW, Suite 300, Washington, DC 20006.
According to CXSL, 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: September 3, 2024.
By the Board, Valerie O. Quinn, Acting
Director, Office of Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2024–20147 Filed 9–5–24; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36781]
Riverside Rail, Inc.—Operation
Exemption—Tracks of Riverside
Industrial Complex, Inc., in Bucks
County, Pa.
Riverside Rail, Inc. (Riverside), a
noncarrier, has filed a verified notice of
exemption under 49 CFR 1150.31 to
operate over approximately 4,665 feet of
private railroad tracks located within a
68-acre industrial park known as the
Riverside Industrial Complex (Complex)
in Bristol Township, Bucks County, Pa.
(the Tracks).1 The Complex and the
Tracks are owned by Riverside’s
1 Riverside previously filed a verified notice of
exemption to operate the Tracks in Docket No. FD
36761, but the notice was rejected for a number of
reasons. See Riverside Rail—Operation
Exemption—Tracks of Riverside Indus. Complex in
Bucks Cnty., Pa., FD 36761 (STB served Mar. 29,
2024). The verified notice filed in Docket No. FD
36781, however, provides sufficient information to
proceed with Riverside’s exemption.
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Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Notices
lotter on DSK11XQN23PROD with NOTICES1
corporate parent affiliate, Riverside
Industrial Complex, Inc. (RIC), and are
adjacent to lines of railroad owned by
the National Railroad Passenger
Corporation (Amtrak).
According to the verified notice,
railroad service was provided to
shippers within the Complex from 1986
to 2006 by Consolidated Railroad
Corporation (Conrail) pursuant to
operating rights over a spur track owned
by Amtrak and approximately 100 feet
of track owned and maintained by
Conrail that crossed a public road. Per
the verified notice, the Tracks, which
are located solely within the Complex,
have remained intact on the ground but
have been covered in some areas with
dirt and concrete. Riverside states that
the expansion of existing business in the
Complex in recent years and the
potential for additional railroad
customers locating there in the future
have led Amtrak, Conrail, and RIC to
negotiate a series of agreements to
reestablish railroad service to the
Complex. This is to be accomplished
through (1) RIC and Riverside
uncovering and rehabilitating the Tracks
in coordination with Conrail; (2) Amtrak
reconstructing the connecting spur track
on its property, which is expected to be
completed in September 2024; and (3)
RIC reinstalling the road crossing,
which is also anticipated to occur in
September 2024. Upon consummation
of its authority from the Board,
Riverside will lease the Tracks from RIC
and retain the common carrier
obligation to provide rail operations
over them. However, Riverside
anticipates that initially, Conrail will be
the physical operator of the Tracks
pursuant to trackage or operating rights
it obtains from Riverside under a
separate agreement and any necessary
authority Conrail receives from the
Board. The verified notice states that
rail operations by Conrail will consist
primarily of switching railcars to and
from shippers in the Complex and a
point of connection to the tracks of
Amtrak. Any future operations by
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16:42 Sep 05, 2024
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72921
Riverside would be in interchange with
Conrail on Complex property.
Riverside certifies that its annual
projected revenues as a result of the
transaction will not exceed those that
would qualify it as a Class III carrier and
will not exceed $5 million. Riverside
also states that neither its lease and
operating agreement with RIC nor
Riverside’s and/or Conrail’s proposed
operation of the Tracks involve any
provision or agreement that would limit
future interchange with a third-party
connecting carrier.
The earliest this transaction may be
consummated is September 22, 2024,
the effective date of the exemption.
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 September 13,
2024 (at least seven days before the
exemption becomes effective).
All pleadings, referring to Docket No.
FD 36781, must be filed with the
Surface Transportation Board either via
e-filing on the Board’s website or in
writing addressed to 395 E Street SW,
Washington, DC 20423–0001. In
addition, a copy of each pleading must
be served on Riverside’s representative,
Thomas W. Wilcox, Law Office of
Thomas W. Wilcox, LLC, 1629 K Street
NW, Suite 300, Washington, DC 20006.
According to Riverside, 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.
DEPARTMENT OF THE TREASURY
Decided: September 3, 2024.
By the Board, Valerie O. Quinn, Acting
Director, Office of Proceedings.
Eden Besera,
Clearance Clerk.
Electronic Availability
[FR Doc. 2024–20118 Filed 9–5–24; 8:45 am]
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Notice of OFAC Sanctions Actions
Office of Foreign Assets
Control, Treasury.
AGENCY:
ACTION:
Notice.
The U.S. Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing the names
of one person that has been placed on
OFAC’s Specially Designated Nationals
and Blocked Persons List (SDN List)
based on OFAC’s determination that one
or more applicable legal criteria were
satisfied. All property and interests in
property subject to U.S. jurisdiction of
this persons are blocked, and U.S.
persons are generally prohibited from
engaging in transactions with them.
OFAC is also publishing updates to the
identifying information of three persons
currently included on the SDN List.
Additionally, OFAC is removing one
entry from the SDN List to resolve
duplicate entries of the same entitiy on
the SDN List.
SUMMARY:
See SUPPLEMENTARY INFORMATION
section for applicable date(s).
DATES:
FOR FURTHER INFORMATION CONTACT:
OFAC: Lisa M. Palluconi, Acting
Director, tel.: 202–622–2490; Associate
Director for Global Targeting, tel.: 202–
622–2420; Assistant Director for
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tel.: 202–622–2490.
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The SDN List and additional
information concerning OFAC sanctions
programs are available on OFAC’s
website (https://www.treasury.gov/ofac).
Notice of OFAC Actions
BILLING CODE 4915–01–P
PO 00000
Office of Foreign Assets Control
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Agencies
[Federal Register Volume 89, Number 173 (Friday, September 6, 2024)]
[Notices]
[Pages 72920-72921]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20118]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36781]
Riverside Rail, Inc.--Operation Exemption--Tracks of Riverside
Industrial Complex, Inc., in Bucks County, Pa.
Riverside Rail, Inc. (Riverside), a noncarrier, has filed a
verified notice of exemption under 49 CFR 1150.31 to operate over
approximately 4,665 feet of private railroad tracks located within a
68-acre industrial park known as the Riverside Industrial Complex
(Complex) in Bristol Township, Bucks County, Pa. (the Tracks).\1\ The
Complex and the Tracks are owned by Riverside's
[[Page 72921]]
corporate parent affiliate, Riverside Industrial Complex, Inc. (RIC),
and are adjacent to lines of railroad owned by the National Railroad
Passenger Corporation (Amtrak).
---------------------------------------------------------------------------
\1\ Riverside previously filed a verified notice of exemption to
operate the Tracks in Docket No. FD 36761, but the notice was
rejected for a number of reasons. See Riverside Rail--Operation
Exemption--Tracks of Riverside Indus. Complex in Bucks Cnty., Pa.,
FD 36761 (STB served Mar. 29, 2024). The verified notice filed in
Docket No. FD 36781, however, provides sufficient information to
proceed with Riverside's exemption.
---------------------------------------------------------------------------
According to the verified notice, railroad service was provided to
shippers within the Complex from 1986 to 2006 by Consolidated Railroad
Corporation (Conrail) pursuant to operating rights over a spur track
owned by Amtrak and approximately 100 feet of track owned and
maintained by Conrail that crossed a public road. Per the verified
notice, the Tracks, which are located solely within the Complex, have
remained intact on the ground but have been covered in some areas with
dirt and concrete. Riverside states that the expansion of existing
business in the Complex in recent years and the potential for
additional railroad customers locating there in the future have led
Amtrak, Conrail, and RIC to negotiate a series of agreements to
reestablish railroad service to the Complex. This is to be accomplished
through (1) RIC and Riverside uncovering and rehabilitating the Tracks
in coordination with Conrail; (2) Amtrak reconstructing the connecting
spur track on its property, which is expected to be completed in
September 2024; and (3) RIC reinstalling the road crossing, which is
also anticipated to occur in September 2024. Upon consummation of its
authority from the Board, Riverside will lease the Tracks from RIC and
retain the common carrier obligation to provide rail operations over
them. However, Riverside anticipates that initially, Conrail will be
the physical operator of the Tracks pursuant to trackage or operating
rights it obtains from Riverside under a separate agreement and any
necessary authority Conrail receives from the Board. The verified
notice states that rail operations by Conrail will consist primarily of
switching railcars to and from shippers in the Complex and a point of
connection to the tracks of Amtrak. Any future operations by Riverside
would be in interchange with Conrail on Complex property.
Riverside certifies that its annual projected revenues as a result
of the transaction will not exceed those that would qualify it as a
Class III carrier and will not exceed $5 million. Riverside also states
that neither its lease and operating agreement with RIC nor Riverside's
and/or Conrail's proposed operation of the Tracks involve any provision
or agreement that would limit future interchange with a third-party
connecting carrier.
The earliest this transaction may be consummated is September 22,
2024, the effective date of the exemption.
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 September 13,
2024 (at least seven days before the exemption becomes effective).
All pleadings, referring to Docket No. FD 36781, must be filed with
the Surface Transportation Board either via e-filing on the Board's
website or in writing addressed to 395 E Street SW, Washington, DC
20423-0001. In addition, a copy of each pleading must be served on
Riverside's representative, Thomas W. Wilcox, Law Office of Thomas W.
Wilcox, LLC, 1629 K Street NW, Suite 300, Washington, DC 20006.
According to Riverside, 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: September 3, 2024.
By the Board, Valerie O. Quinn, Acting Director, Office of
Proceedings.
Eden Besera,
Clearance Clerk.
[FR Doc. 2024-20118 Filed 9-5-24; 8:45 am]
BILLING CODE 4915-01-P