[Federal Register Volume 59, Number 180 (Monday, September 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23215]
[[Page Unknown]]
[Federal Register: September 19, 1994]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32572]
Great Western Railway Company of Iowa--Trackage Rights
Exemption--CBEC Railway, Inc.
CBEC Railway, Inc. (CBEC), has agreed to grant local trackage
rights to Great Western Railway Company of Iowa, L.L.C. (GWRI),
extending from the eastern terminus of the line and yards of the Union
Pacific Railroad Company, Inc., in Council Bluffs, IA, from a point at
or near milepost 485.5 to a point at or near milepost 407.7, a distance
of approximately 5 miles in Pottawattamie County, IA. The parties
expected to consummate the transaction on or after September 6,
1994.\1\
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\1\CBEC had filed a notice of exemption under 49 CFR 1150.31 for
the acquisition of this segment of rail line. See CBEC Railway,
Inc.--Acquisition and Operation Exemption--Great Western Railway
Company of Iowa, Inc., Finance Docket No. 32453 (ICC served Mar. 18,
1994). GWRI states that the Trackage Rights Agreement was entered
into on April 29, 1994, but it was only recently that CBEC acquired
the involved line from GWRI. It states that as a condition of the
Purchase Agreement, CBEC agreed to grant GWRI trackage rights over
the line once the sale was consummated.
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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, 1101 Pennsylvania Ave., NW., suite 1035, Washington,
DC 20004.
As a condition to the use of this exemption, any employees 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: September 9, 1994.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Acting Secretary.
[FR Doc. 94-23215 Filed 9-16-94; 8:45 am]
BILLING CODE 7035-01-P
