95-16025. Chicago and North Western Railway CompanyTrackage Rights ExemptionIowa Interstate Railroad Limited

[Federal Register Volume 60, Number 125 (Thursday, June 29, 1995)]
[Notices]
[Pages 33846-33847]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16025]



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INTERSTATE COMMERCE COMMISSION

[Finance Docket No. 32710]


Chicago and North Western Railway Company--Trackage Rights 
Exemption--Iowa Interstate Railroad Limited

    Iowa Interstate Railroad Limited (IAIS) has agreed to grant 
overhead trackage rights to Chicago and North Western Railway Company 
(C&NW) \1\ over 132 miles of its rail line between milepost 358 at Des 
Moines, IA, and milepost 490.0 at Council Bluffs, IA.

    \1\ Union Pacific Corporation acquired control of Chicago and 
North Western Railway Company in Union Pacific Corporation, Union 
Pacific Railroad Company--Control--Chicago and North Western 
Transportation Company and Chicago and North Western Railway 
Company, Finance Docket No. 32133 (ICC served Mar. 7, 1995).
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    The purpose of this transaction is to facilitate the maintenance 
and reconstruction of the existing C&NW track extending east from 
Council Bluffs to Nevada, IA, then south to Des Moines. The trackage 
rights will provide an alternate route to permit the efficient and 
expeditious movement of C&NW's traffic between Council Bluffs and Des 
Moines. The trackage rights are scheduled to become effective on June 
30, 1995.
    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 
automatically stay the transaction. Pleadings must be filed with the 
Commission and served on: Stuart F. Gassner, 165 North Canal Street, 
Chicago, IL 60606-1551.
    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: June 23, 1995.


[[Page 33847]]

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-16025 Filed 6-28-95; 8:45 am]
BILLING CODE 7035-01-P