[Federal Register Volume 65, Number 200 (Monday, October 16, 2000)]
[Notices]
[Page 61213]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-26500]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 33934]


The Canadian American Railroad Company--Acquisition and Operation 
Exemption--Green Mountain Railroad Corporation

    The Canadian American Railroad Company (CDAC), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to acquire and operate Green Mountain Railroad Company's (GMRC) 
exclusive freight railroad operations easement (easement) over 
approximately 40.3 route miles of rail line (line) owned by the State 
of Vermont (State).\1\ The line extends from White River Jct., VT, to 
Wells River, VT, between milepost 123.2 and milepost 163.5.
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    \1\ The Board had previously approved GMRC's acquisition of the 
easement in Green Mountain Railroad Corporation--Acquisition and 
Operation Exemption--Certain Rights of Boston and Maine Corporation, 
STB Finance Docket No. 33829 (STB served Dec. 20, 1999). According 
to the verified notice in STB Finance Docket No. 33934, the State, 
pursuant to the easement and an operating agreement between the 
State and GMRC, has the power to cause GMRC to convey the easement 
to CDAC.
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    Because CDAC's projected annual revenues will exceed $5 million, 
CDAC has certified to the Board on September 18, 2000 that the required 
notice of the transaction was posted at the workplace of the employees 
on the affected line on September 15, 2000. See 49 CFR 1150.42(e). 
According to CDAC's certification, the employees on the affected line 
are not represented by a labor organization and therefore no notice to 
labor organizations was required. CDAC stated in its verified notice 
that the transaction was scheduled to be consummated ten days after the 
effective date of the approval of the conveyance of the easement by the 
Board.\2\
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    \2\ Due to timing of CDAC's certification to the Board, 
effectiveness of the exemption under normal circumstances would have 
been delayed until November 17, 2000 (60 days after CDAC's 
certification to the Board that it had complied with the Board's 
rule at 49 CFR 1150.42(e)). In a decision in this proceeding served 
on October 10, 2000, however, the Board granted the request by CDAD 
for waiver of the remainder of the 60-day period, as measured from 
the certification date to the Board, to allow the exemption to 
become effective on October 10, 2000.
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    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. 33934, 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 John Broadley, Esq., John H. Broadley & Associates, 1054 31st 
Street, NW., Suite 200, Washington, DC 20007.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Dated: October 10, 2000.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 00-26500 Filed 10-13-00; 8:45 am]
BILLING CODE 4915-00-P