[Federal Register Volume 63, Number 215 (Friday, November 6, 1998)]
[Notices]
[Page 60040]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29824]
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33676]
Minnesota Commercial Railway Company--Lease and Operation
Exemption--Union Pacific Railroad Company
Minnesota Commercial Railway Company (MC), a Class III rail
carrier, has filed a notice of exemption under 49 CFR 1150.41 to
acquire by long-term lease from the Union Pacific Railroad Company (UP)
and operate approximately 2.95 miles +/-of industrial trackage in an
area known as the Southeast Minneapolis Switching District.1
---------------------------------------------------------------------------
\1\ MC notes that the trackage is all yard limit industrial
switching territory and that no mileposts are assigned this area by
UP.
---------------------------------------------------------------------------
Because MC's projected annual revenues after the transaction will
exceed $5 million, MC has certified to the Board that the required
notice of the transaction was sent to the national offices of the labor
unions representing employees on the line and posted at the workplace
of the employees on the affected lines on August 31 1998. See 49 CFR
1150.42(e).2 The transaction was scheduled to be consummated
on November 1, 1998.
---------------------------------------------------------------------------
\2\ While the required notice to employees had been given on
August 31, 1998, MC did not certify to the Board that it had done so
until October 22, 1998, when it filed its notice of exemption. The
exemption would normally become effective 60 days after MC's
certification to the Board that it had complied with the Board's
rule at 49 CFR 1150.42(e). In a decision in this proceeding served
on October 30, 1998, however, the Board found that sufficient notice
to rail employees and their representatives had been given in this
case and, at the request of MC, waived, in part, the 60-day period
to allow consummation on November 1, 1998.
---------------------------------------------------------------------------
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 does not automatically stay the transaction.
An original and 10 copies of all pleadings, referring to STB
Finance Docket No. 33676, must be filed with the Surface Transportation
Board, Office of the Secretary, Case Control Unit, 1925 K Street, N.W.,
Washington, DC 20423-0001. In addition, a copy of each pleading must be
served on Eugenia Langan, Esq., Shea and Gardner, 1800 Massachusetts
Avenue, N.W., Washington, DC 20036.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: November 2, 1998.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-29824 Filed 11-5-98; 8:45 am]
BILLING CODE 4915-00-P
