[Federal Register Volume 68, Number 95 (Friday, May 16, 2003)]
[Notices]
[Pages 26681-26682]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-11878]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34340]


Vermilion Valley Railroad Company, Inc.--Operation Exemption--FNG 
Logistics Co.

    Vermilion Valley Railroad Company, Inc. (VVRR), a noncarrier, has 
filed a verified notice of exemption under 49 CFR 1150.31 to operate 
approximately 5.91 miles of railroad owned by FNG Logistics Co. (FNG) 
between milepost QSO-5.18 near the Illinois/Indiana State line and 
milepost QSO-11.09 near Olin, in Vermillion and Warren Counties, IN.\1\ 
FNG certifies that its projected revenues as a result of this 
transaction will not exceed those that would qualify it as a Class III 
rail carrier.
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    \1\ The subject line was acquired by Flex-N-Gate Corporation 
(Flex) under the Board's offer of financial assistance procedures at 
49 U.S.C. 10904 and 49 CFR 1152.27 in New York Central Lines, LLC--
Abandonment Exemption--in Vermillion and Warren Counties, IN, STB 
Docket No. AB-565 (Sub-No. 4X) (STB served Sept. 17, 2002). In a 
motion filed on April 22, 2003, Flex and FNG, a wholly owned 
subsidiary of Flex, requested permission to substitute FNG for Flex 
as the purchaser of the line. That request was granted by decision 
served on April 28, 2003.
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    The transaction was scheduled to be consummated on or about April 
30, 2003, the effective date of the exemption (7 days after the 
exemption was filed).

[[Page 26682]]

    If the verified notice contains false or misleading information, 
the exemption is void ab initio. Petitions to reopen the proceeding 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. 34340, must be filed with the Surface Transportation 
Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Daniel A. LaKemper, P.O. Box 
185, Morton, IL 61550.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: May 7, 2003.
    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 03-11878 Filed 5-15-03; 8:45 am]
BILLING CODE 4915-00-P