[Federal Register Volume 63, Number 56 (Tuesday, March 24, 1998)]
[Notices]
[Page 14173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-7618]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33553]
Ventura County Transportation Commission--Acquisition Exemption--
Southern Pacific Transportation Company
Ventura County Transportation Commission (VCTC), a Class III
carrier, has filed a verified notice of exemption under 49 CFR 1150.41
to acquire approximately 31.73 miles of rail line from Southern Pacific
Transportation Company (SP) between milepost 435.07 and milepost 403.34
at Montalvo Station near Ventura, CA, where the line connects with the
SP Coast Line (the Santa Paula Branch Line).1
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\1\ This notice of exemption amends and supersedes the earlier
notice of exemption that VCTC had filed, pursuant to 49 CFR 1150.31,
on February 10, 1998.
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VCTC entered into an agreement with SP to purchase the line, and
consummated the transaction on October 27, 1995, apparently without
appropriate authority from the Board. Under the agreement, SP retained
the right to continue to provide freight common carrier service over a
portion of the line, but, according to VCTC, VCTC became a carrier at
the time of the purchase in 1995. VCTC did not file its verified notice
of exemption, as amended, with the Board until February 27, 1998. VCTC
has acknowledged that the effective date of the exemption was March 6,
1998 (7 days after the amended notice of exemption was filed).
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. 33553, 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: Charles A. Spitulnik, Hopkins & Sutter, 888 Sixteenth
Street, N.W., Washington, DC 20006.
Decided: March 17, 1998.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-7618 Filed 3-23-98; 8:45 am]
BILLING CODE 4915-00-P
