[Federal Register Volume 69, Number 200 (Monday, October 18, 2004)]
[Notices]
[Page 61434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-23260]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34549]


Illinois Railnet, Inc.--Acquisition and Operation Exemption--The 
Burlington Northern and Santa Fe Railway Company

    Illinois Railnet, Inc. (Illinois), a Class III rail carrier, has 
filed a verified notice of exemption under 49 CFR 1150.41 to acquire 
from The Burlington Northern and Santa Fe Railway Company (BNSF), and 
operate two lines of railroad: (1) A portion of BNSF's Oregon 
Subdivision between milepost 98.75 at Oregon, IL, and milepost 105.78 
at Mt. Morris, IL, and (2) a portion of BNSF's La Salle Subdivision 
between milepost 25.7 at La Salle, IL, and milepost 43.36 at Zearing, 
IL, a distance of approximately 24.7 miles in Ogle, La Salle, and 
Bureau Counties, IL.
    The transaction is related to STB Finance Docket No. 34559, 
Illinois Railnet, Inc.--Trackage Rights Exemption--The Burlington 
Northern and Santa Fe Railway Company, wherein BNSF will grant 
Illinois: (1) Limited local trackage rights for the purpose of 
servicing customers on BNSF in and around Oregon, and (2) limited 
overhead trackage rights for the purpose of interchanging traffic 
between BNSF and Illinois and accommodating light power moving over 
BNSF's lines between milepost 98.49 near Oregon, and milepost 86.57 
near Flag Center, IL, and between milepost 43.36 near Zearing, and 
milepost 40.73 near Montgomery, IL.
    Illinois certifies that its projected annual revenues as a result 
of this transaction will not result in the creation of a Class I or 
Class II rail carrier, and that its revenues will not exceed $5 
million.
    Illinois indicates that it expected to consummate the transaction 
on October 8, 2004.
    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. 34549, 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 John D. Heffner, 1920 N Street, 
NW., Suite 800, Washington, DC 20036.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: October 12, 2004.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 04-23260 Filed 10-15-04; 8:45 am]
BILLING CODE 4915-01-P