[Federal Register Volume 64, Number 243 (Monday, December 20, 1999)]
[Notices]
[Page 71190]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-32901]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33829]
Green Mountain Railroad Corporation--Acquisition and Operation
Exemption--Certain Rights of Boston and Maine Corporation
Green Mountain Railroad Corporation (GMRC), a Class III common
carrier by rail, has filed a verified notice of exemption under 49 CFR
1150, Subpart D--Exempt Transactions, to acquire from Boston and Maine
Corporation (B&M) an exclusive freight railroad operations easement
(Freight Easement) over a line of railroad extending between
approximately milepost 123 in White River Junction, VT, and
approximately milepost 163 in Wells River, VT, a total distance of
approximately 40 rail miles, in Windsor and Orange Counties, VT
(Subject Line).
This transaction is related to a concurrently filed verified notice
of exemption filed in STB Finance Docket No. 33830, State of Vermont--
Acquisition Exemption--Certain Assets of Boston and Maine Corporation
and Springfield Terminal Railway Company.\1\
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\1\ The State of Vermont (Vermont) simultaneously filed a motion
to dismiss the notice of exemption. The Board will address the
jurisdictional issue raised by the motion to dismiss in a separate
decision.
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Pursuant to a Purchase and Sale Agreement to be entered into by and
between Vermont, B&M, and Springfield Terminal Railway Company (STR),
Vermont will acquire B&M's right, title, and ownership interest, and
STR's leasehold interest, in the right-of-way, trackage, and other
physical assets associated with the Subject Line. GMRC will acquire the
freight operating easement retained by B&M and provide freight service
over the Subject Line.
Consummation of this transaction is expected to occur on or after
December 10, 1999, the effective date of the exemption.
This notice is filed under 49 CFR 1150.41. 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 transaction. An original and 10 copies of all pleadings,
referring to STB Finance Docket No. 33829, must be filed with the
Surface Transportation Board, Office of the Secretary, Case Control
Unit, 1925 K Street, NW, Washington, DC 20423-0001. In addition, a copy
of each pleading must be served on Andrew P. Goldstein, McCarthy
Sweeney & Harkaway PC, 1750 Pennsylvania Avenue NW, Suite 1105,
Washington, DC 20006.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: December 10, 1999.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-32901 Filed 12-17-99; 8:45 am]
BILLING CODE 4915-00-P
