[Federal Register Volume 67, Number 249 (Friday, December 27, 2002)]
[Notices]
[Page 79240]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-32255]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34295]


Airlake Terminal Railway Company--Acquisition and Operation 
Exemption--Rail Line of Empire Builder Investments Incorporated and 
Progressive Rail, Incorporated

    Airlake Terminal Railway Company (ATRC), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire by lease 
and to operate approximately 2.35 miles of railroad right-of-way and 
trackage, referred to as the Lakeville trackage, at transloading and 
storage facilities owned by Empire Builder Investments Incorporated at 
Airlake Industrial Park, Lakeville, MN. Progressive Rail, Incorporated 
(Progressive), a rail carrier, owns the Lakeville trackage and 
currently operates it as switching track, interchanging traffic at a 
connection with the Canadian Pacific Rail System. ATRC states that the 
Lakeville trackage would constitute its entire line of railroad, and 
that ATRC will operate it as a rail common carrier.
    ATRC certifies that its projected revenues will not exceed those 
that would qualify it as a Class III rail carrier.
    The transaction was scheduled to be consummated on or shortly after 
December 16, 2002, (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 will not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34295, 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 Thomas F. McFarland, 208 South 
LaSalle Street, Suite 1890, Chicago, IL 60604-1194.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.


    Decided: December 17, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-32255 Filed 12-26-02; 8:45 am]
BILLING CODE 4915-00-P