[Federal Register Volume 62, Number 170 (Wednesday, September 3, 1997)]
[Notices]
[Page 46549]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-23350]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33442]


St. Croix Valley Railroad Company--Acquisition and Operation 
Exemption--The Burlington Northern and Santa Fe Railway Company

    St. Croix Valley Railroad Company (SCV), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire from The 
Burlington Northern and Santa Fe Railway Company (BNSF) and to operate 
approximately 33.3 miles of rail line between Hinckley, MN, milepost 
74.0, and North Branch, MN, milepost 40.7, and 11.1 miles of rail line 
between Brook Park, MN, milepost 58.0, and Mora, MN, milepost 46.9. In 
addition, SCV will acquire incidental overhead trackage rights to 
operate between Hinckley, MN, milepost 74.0, and Brook Park, MN, 
milepost 58.0, and over BNSF's yard tracks in its Hinckley yard.
    The transaction was expected to be consummated on or after the 
August 21, 1997 effective date of the exemption.
    This transaction is related to STB Finance Docket No. 33443, 
RailAmerica, Inc.--Continuance in Control Exemption--St. Croix Valley 
Railroad Company, wherein RailAmerica, Inc. has concurrently filed a 
verified notice to continue in control of SCV upon its becoming a Class 
III rail carrier.
    If the verified notice contains false or misleading information, 
the exemption is void ab initio. Petitions to reopen the proceeding 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. 33442, 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 Gary Laakso, Esq., 301 Yamato Road, Suite 1190, Boca Raton, 
FL 33431.

    Decided: August 26, 1997.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 97-23350 Filed 9-2-97; 8:45 am]
BILLING CODE 4915-00-P