[Federal Register Volume 70, Number 13 (Friday, January 21, 2005)]
[Notices]
[Page 3258]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-1008]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34643]


Central New York Railroad Corporation--Lease and Operation 
Exemption--Norfolk Southern Railway Company

    Central New York Railroad Corporation (CNY), a Class III carrier, 
has filed a verified notice of exemption under 49 CFR 1150.41 to lease 
and operate approximately 123.1 miles of rail line currently owned by 
Norfolk Southern Railway Company (NS) between milepost 89.9 at or near 
Port Jervis, NY, and milepost 213.0 at Binghamton, NY, in Broome, 
Sullivan, Delaware and Orange, Counties, NY, and Pike and Susquehanna, 
Counties, PA.\1\ NS is retaining overhead trackage rights over the 
line.
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    \1\ CNY indicates that it has entered into an agreement with NS 
for CNY's lease of the line.
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    CNY certifies that its projected revenues as a result of this 
transaction will not result in the creation of a Class II or Class I 
rail carrier and that its total annual revenues after the transaction 
will not exceed $5 million. The transaction was scheduled to be 
consummated on or after December 31, 2004 (more than 7 days after the 
exemption was filed).
    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. 34643, 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 Eric M. Hocky, Four Penn 
Center, Suite 200, 1600 John F. Kennedy Blvd., Philadelphia, PA 19103-
2808.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: January 12, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-1008 Filed 1-19-05; 8:45 am]
BILLING CODE 4915-01-P