[Federal Register Volume 60, Number 24 (Monday, February 6, 1995)]
[Notices]
[Page 7071]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-2853]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32654]
Toledo, Peoria & Western Railway Corporation--Trackage Rights
Exemption--Peoria and Pekin Union Railway Co.
Peoria and Pekin Union Railway Company (P&PU) has agreed to grant
overhead trackage rights to Toledo, Peoria & Western Railway
Corporation (TP&W), over 4.7 miles of P&PU's rail line between TP&W
milepost 109.4 at East Peoria, IL, and TP&W milepost 113.9 at Peoria,
IL. The purpose of this transaction is to enable TP&W to connect its
eastern rail lines between Logansport, IN, and East Peoria, IL, with
its western rail lines between Peoria and Fort Madison, IA. The
trackage rights were to become effective on or after January 27,
1995.1
\1\P&PU canceled a prior trackage rights agreement on February
9, 1993, and asked the Commission to set the compensation for TP&W's
continued use of the trackage rights. The parties subsequently
entered into the agreement that is the subject of this notice.
Accordingly, the compensation proceeding is being held in abeyance
and will be dismissed on July 25, 1995, if no party requests further
action. See Toledo, Peoria & Western Railway Corp.--Trackage Rights
Compensation--Peoria and Pekin Union Railway Company, Finance Docket
No. 26476 (Sub-No. 1) (ICC served Jan. 25, 1995).
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This notice is filed under 49 CFR 1180.2(d)(7). If the notice
contains false or misleading information, the exemption is void ab
initio. Petitions to revoke the exemption under 49 U.S.C. 10505(d) may
be filed at any time. The filing of a petition to revoke will not stay
the transaction. Pleadings must be filed with the Commission and served
on: Karl Morell, Suite 1035, 1101 Pennsylvania Avenue, NW., Washington,
DC 20004.
As a condition to the use of this exemption, any employees
adversely affected by the trackage rights will be protected under
Norfolk and Western Ry. Co--Trackage Rights--BN, 354 I.C.C. 605 (1978),
as modified in Mendocino Coast Ry., Inc.--Lease and Operate, 360 I.C.C.
653 (1980).
Decided: January 31, 1995.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-2853 Filed 2-3-95; 8:45 am]
BILLING CODE 7035-01-P
