[Federal Register Volume 63, Number 34 (Friday, February 20, 1998)]
[Notices]
[Pages 8736-8737]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4339]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33549]
Pioneer Industrial Railway Co.--Lease and Operation Exemption--
Peoria, Peoria Heights & Western Railroad
Pioneer Industrial Railway Co. (PRY), a noncarrier, has filed a
verified notice of exemption under 49 CFR 1150.31 to
[[Page 8737]]
lease from Peoria, Peoria Heights & Western Railroad (PPHW)
1 and to operate approximately 8.29 miles of rail line
(line) in Peoria, Peoria County, IL, extending from approximately
milepost 1.71 (E.P.S. 80+15, connecting with the Peoria & Pekin Union
Railway Company) to approximately milepost 10.00 (E.P.S. 516+21,
Pioneer Industrial Park Track). 2
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\1\ PPHW is jointly controlled by the City of Peoria, IL, and
the Village of Peoria Heights, IL.
\2\ Peoria & Pekin Union Railway Company, the current lessee and
operator of the line, has reportedly asked PPHW to find a new
operator for the line.
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The parties report that they intend to consummate the transaction
on or about February 17, 1998. The earliest the transaction can be
consummated is February 16, 1998, the effective date of the exemption
(7 days after the exemption was filed).
This transaction is related to STB Finance Docket No. 33550,
Pioneer Railcorp--Continuance in Control Exemption--Pioneer Industrial
Railway Co., wherein Pioneer Railcorp has concurrently filed a verified
notice to continue in control of PRY upon its becoming a Class III rail
carrier.
If the verified notice contains false or misleading information,
the exemption is void ab initio. Petitions to reopen the proceeding 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. 33549, 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 John D. Heffner, Rea, Cross & Auchincloss, 1920 N Street,
N.W., Suite 420, Washington, DC 20036.
Decided: February 11, 1998.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-4339 Filed 2-19-98; 8:45 am]
BILLING CODE 4915-00-P
