[Federal Register Volume 67, Number 221 (Friday, November 15, 2002)]
[Notices]
[Page 69300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-29081]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34274]


Illinois Central Railroad Company--Trackage Rights Exemption--
Union Pacific Railroad Company

    Union Pacific Railroad Company (UP), pursuant to a written trackage 
rights agreement to be entered into with Illinois Central Railroad 
Company (IC),\1\ will grant nonexclusive overhead trackage rights to IC 
over UP's Salem Subdivision extending from milepost 242.85 at Kinmundy, 
IL, to milepost 252.96 at Salem, IL, a distance of approximately 10.11 
miles.
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    \1\ IC is a wholly owned subsidiary of Canadian National Railway 
Company.
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    The transaction was scheduled to be consummated no earlier than 
November 4, 2002, the effective date of the exemption (7 days after the 
exemption was filed).
    The purpose of the trackage rights is to grant IC the right to use 
the trackage for overhead operation of freight trains between Kinmundy 
and Salem and for the interchange of carload traffic with UP at Salem.
    As a condition to this exemption, any employees affected by the 
trackage rights will be protected by the conditions imposed in Norfolk 
and Western Ry. Co.--Trackage Rights--BN, 354 I.C.C. 605 (1978), as 
modified in Mendocino Coast Ry. Inc.--Lease and Operate, 360 I.C.C. 653 
(1980).
    This notice is filed under 49 CFR 1180.2(d)(7). If it 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 will not automatically 
stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34274, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on Michael J. Barron, Jr., 455 
North Cityfront Plaza Drive, Chicago, IL 60611-5317.
    Board decisions and notices are available on our Web site at 
`WWW.STB.DOT.GOV.'

    Decided: November 8, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-29081 Filed 11-14-02; 8:45 am]
BILLING CODE 4915-00-P