[Federal Register Volume 66, Number 189 (Friday, September 28, 2001)]
[Notices]
[Page 49741]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-24397]



[[Page 49741]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34092]


Monroe County Railroad Authority--Lease Exemption--Norfolk 
Southern Railway Company and Pennsylvania Lines LLC

    Monroe County Railroad Authority (MCRA), a political subdivision 
and nonoperating Class III rail common carrier, has filed a notice of 
exemption under 49 CFR 1150.41 to sublease approximately 10 miles of 
rail line currently owned by Pennsylvania Lines LLC (PRR) and currently 
operated by Norfolk Southern Railway Company (NSR).\1\ The line 
consists of that portion of the Stroudsburg Secondary Track extending 
between milepost 2.0, approximately old milepost 74.4 (Slate), and 
milepost 12.2, approximately old milepost 84.6 (Gravel), in Monroe and 
Northampton Counties, PA.\2\
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    \1\ MCRA states that NSR will retain overhead trackage rights 
over the line.
    \2\ MCRA anticipates that it will have a contingent option to 
purchase the line.
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    This transaction is related to STB Finance Docket No. 34091, 
Delaware-Lackawanna Railroad Co., Inc.--Operation Exemption--Monroe 
County Railroad Authority, wherein Delaware-Lackawanna Railroad Co., 
Inc. has concurrently filed a notice of exemption under 49 CFR 1150.41 
to operate over the rail line involved here.
    The transaction was scheduled to be consummated on or about 
September 14, 2001. The earliest the transaction could have been 
consummated was on September 14, 2001, the effective date of the 
exemption (7 days after the exemption was filed).
    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. 34092, 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 Keith G. O'Brien, Esq., REA, CROSS & AUCHINCLOSS, 1707 L 
Street, NW., Suite 570, Washington, DC 20036.
    Board decisions and notices are available on our website at 
www.stb.dot.gov.

    Decided: September 24, 2001.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 01-24397 Filed 9-27-01; 8:45 am]
BILLING CODE 4915-00-P