[Federal Register Volume 66, Number 43 (Monday, March 5, 2001)]
[Notices]
[Pages 13367-13368]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-5128]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34008]


Dickinson Osceola Railroad Association--Acquisition and Operation 
Exemption--Union Pacific Railroad Company

    Dickinson Osceola Railroad Association (DORA), a non-profit entity, 
newly created to become a Class III railroad, has filed a notice of 
exemption under 49 CFR 1150.31 to acquire (by purchase) and operate 
approximately 37.21 miles of rail line currently owned by Union Pacific 
Railroad Company (UP). The line to be acquired and operated, UP's 
Estherville Branch, extends between approximately milepost 79.34, at a 
point west of Superior, IA, and the end of the line at approximately 
milepost 116.55, a point west of Allendorf, IA, in Dickinson and 
Osceola Counties, IA. DORA certifies that its projected revenues will 
not exceed those that would qualify it as a Class III rail carrier and 
its revenues are not projected to exceed $5 million.\1\
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    \1\ DORA states that it will interchange traffic with UP. DORA 
further states that it will provide common carrier rail freight 
service over the line for its own account or through a contract 
operator, which will obtain its own operating authority from the 
Board.
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    The transaction was scheduled to be consummated on or shortly after 
February 16, 2001.
    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. 34008, must be filed with

[[Page 13368]]

the Surface Transportation Board, Office of the Secretary, Case Control 
Unit, 1925 K Street, NW., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on John D. Heffner, Esq., REA, 
CROSS & AUCHINCLOSS, Suite 570, 1707 L Street, NW., Washington, DC 
20036 [Attorney for DORA], and Mac Shumate, Esq., Law Department, Union 
Pacific Railroad Company, 101 N. Wacker Drive, Suite 1920, Chicago, IL 
60606 [Attorney for UP].
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: February 23, 2001.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 01-5128 Filed 3-2-01; 8:45 am]
BILLING CODE 4915-00-P