[Federal Register Volume 64, Number 24 (Friday, February 5, 1999)]
[Notices]
[Page 5861]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-2665]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33686]


Dallas, Garland & Northeastern Railroad, Inc.--Lease Exemption--
Union Pacific Railroad Company

    Dallas, Garland & Northeastern Railroad, Inc. (DGNO), a Class III 
rail carrier, has filed a notice of exemption under 49 CFR 1150.41 to 
lease from Union Pacific Railroad Company (UP) approximately 54.74 
miles of rail lines located in the State of Texas: 1 (i) 
between milepost 741.3, at Carrollton, and milepost 729.5, at Lake 
Dallas; (ii) between milepost 285.1, near Spring Creek Parkway, and 
milepost 324.84, at South Sherman Junction; and (iii) the industrial 
lead between UP's Mockingbird Yard and the Brookhollow Industrial Park, 
in Dallas.
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    \1\ DGNO will be the operator of the property.
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    In conjunction with the lease of these rail lines, DGNO will 
acquire approximately 117.76 miles of incidental trackage rights over 
rail lines located in the State of Texas as follows: (1) local trackage 
rights over rail lines owned by Dallas Area Rapid Transit: (a) between 
milepost 758.04, at Dallas, and milepost 741.3, at Carrollton; (b) 
between milepost 603.5, at Carrollton, and milepost 580.19, at Wylie; 
and (c) between milepost 281.1, at Plano, and milepost 285.1, at Spring 
Creek Parkway; (2) overhead trackage rights over a rail line owned by 
The Burlington Northern and Santa Fe Railway Company (BNSF) between 
BNSF milepost 646.39, at Sherman, and BNSF milepost 711.0, at Irving; 
and (3) overhead trackage rights over a rail line owned by RAILTRAN 
between milepost 634.7, at Irving, and milepost 643.8, at North 
Junction.
    Because the projected revenues of the rail lines to be operated 
will exceed $5 million, DGNO certified to the Board, on December 1, 
1998, that the required notice of its rail line acquisition was sent to 
the national offices of all labor unions representing employees on the 
lines and was posted at the workplace of the employees on the affected 
lines on December 1, 1998. See 49 CFR 1150.42(e). The transaction is 
expected to be consummated on January 30, 1999.
    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 does not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 33686, 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 Karl Morell, Esq., BALL JANIK LLP, 1455 F Street, NW, Suite 
225, Washington, DC 20005.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: January 29, 1999.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-2665 Filed 2-4-99; 8:45 am]
BILLING CODE 4915-00-P