[Federal Register Volume 68, Number 133 (Friday, July 11, 2003)]
[Notices]
[Pages 41414-41415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-17468]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34362]


Akron Barberton Cluster Railway Company--Lease and Operation 
Exemption--Metro Regional Transit Authority

    Akron Barberton Cluster Railway Company (ABC), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
et seq. to lease, from Metro Regional Transit Authority (METRO), and 
operate a freight rail easement between approximately milepost 40.42 
(valuation station 1856+40) near Howard Street in Akron, OH and 
approximately milepost 33.70 (valuation station 2206+60) at Krumroy, 
OH, a distance of approximately 6.72 miles in Summit County, OH.
    This transaction is related to STB Finance Docket No. 34361, Metro 
Regional Transit Authority--Acquisition Exemption--Certain Assets of 
CSX

[[Page 41415]]

Transportation, Inc., wherein METRO has filed a notice of exemption 
under 49 CFR 1150.31 et seq. to acquire the rail easement from CSX 
Transportation, Inc. (CSXT), the current rail carrier on the line 
involved here. ABC will replace CSXT in providing all rail freight 
service on the line.
    Consummation of the transaction was expected to occur on or shortly 
after June 20, 2003, the effective date of this exemption.
    ABC certifies that the projected annual revenues as a result of the 
transaction will not exceed $5 million, and thus the transaction will 
not result in the creation of a Class II or Class I rail carrier.
    If the verified 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. 34362, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on William C. Sippel, Fletcher & 
Sippel, LLC, Two Prudential Plaza, Suite 3125, 180 North Stetson Ave., 
Chicago, IL 60601-6721.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: July 2, 2003.

    By the Board, Joseph H. Dettmar, Acting Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 03-17468 Filed 7-10-03; 8:45 am]
BILLING CODE 4915-01-P