[Federal Register Volume 64, Number 92 (Thursday, May 13, 1999)]
[Notices]
[Pages 25953-25954]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-11995]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33716]
Georgia & Florida RailNet, Inc.--Acquisition and Operation
Exemption--Lines of Gulf & Ohio Railways, Inc.
Georgia & Florida RailNet, Inc. (GFRN), a noncarrier, has filed a
notice of exemption under 49 CFR 1150.31 to acquire (by purchase or
acquisition of a lease interest) and operate approximately 256.37 miles
of rail lines operated by and either owned by, or under the control of,
Gulf & Ohio Railways, Inc. (GOR).1 The lines to be acquired
through purchase by GFRN are as follows: (1) The Albany Bridge, a line
of railroad approximately 3,470 feet in length, extending across a
bridge in Albany, GA, from track chaining station 5473+20 to track
chaining station 5438+50; (2) the Adel-Foley Line, from milepost GB-1.0
at Adel, GA, to
[[Page 25954]]
milepost GB-77.3 at Perry, FL, and from milepost GB-77.3/LO-45.75 at
Perry, FL, to milepost LO-39.0 at Foley, FL; (3) the Valdosta-Nashville
Line, from milepost 30.65 at Valdosta, GA, to milepost 57.2 at
Nashville, GA; (4) the Moultrie-Schley Junction Line, from milepost
27.1 at Moultrie, GA, to milepost 33.6 at Schley Junction, GA; (5) the
Norman Junction Line, from milepost 29.52 at Norman Junction, GA, to
milepost 33.52 at Moultrie, GA; and (6) the Thomasville-Camilla Line,
from milepost ANC-692.08 at Thomasville, GA, to milepost ANC-728.0 at
Camilla, GA.2
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\1\ GFRN indicates that some rail lines are owned and operated
by GOR, while GOR operates and possesses a leasehold interest in
other rail lines.
\2\ GFRN states that its projected revenues will not exceed
those that would qualify it as a Class III rail carrier.
Because its projected revenues will exceed $5 million, however,
GFRN certified to the Board, on February 12, 1999, that it had
served a copy of the notice on the national offices of the labor
unions with employees on the affected lines, and that the required
notice of its acquisition has been posted at the workplace of the
employees on the affected lines. See 49 CFR 1150.32(e).
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In addition, GFRN will also acquire GOR's lease interest in, and
operate, the following rail lines: (1) The Albany-Sparks Line, (owned
by and leased from the Norfolk Southern Railway (NSR)) from milepost
GN-0.7 at Albany, GA, to milepost GN-58.9 at Sparks, GA; (2) the
Camilla-Albany Line (owned by and leased from CSX Transportation, Inc.
(CSX)) from milepost ANC-728.0 at Camilla, GA, to milepost ANC-748.03
at Albany, GA; and (3) the Albany-Sylvester Line (owned by and leased
from CSX) from milepost AP-699.12 at Albany, GA, to milepost AP-677.67
at Sylvester, GA.
GFRN will also acquire incidental overhead trackage rights over
approximately 29.8 miles of rail line owned by the Georgia Southern and
Florida Railway Company (a subsidiary of NSR) from milepost 125.2-G at
Sparks, GA, to milepost 155.0-G (at a connection into NS' Valdosta yard
facilities) at Valdosta, GA.
The transaction was scheduled to be consummated on or shortly after
April 30, 1999.
This transaction is related to STB Finance Docket No. 33717, North
American RailNet, Inc.--Continuance in Control Exemption--Georgia &
Florida RailNet, Inc., wherein North American RailNet, Inc., is seeking
an exemption to continue in control of GFRN upon its becoming a Class
III rail carrier.
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. 33717, 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 Robert A. Wimbish, Esq., Rea, Cross, & Auchincloss, 1707 L
Street, NW, Suite 570, Washington, DC 20036.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: May 5, 1999.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-11995 Filed 5-12-99; 8:45 am]
BILLING CODE 4915-00-P
