[Federal Register Volume 70, Number 46 (Thursday, March 10, 2005)]
[Notices]
[Page 12042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-4416]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34655]


Georgia & Florida RailNet, Inc.--Acquisition and Operation 
Exemption--Georgia Department of Transportation

    Georgia & Florida RailNet, Inc. (GFRR), a Class III rail carrier, 
has filed a verified notice of exemption under 49 CFR 1150.41 to 
acquire and to operate as a rail common carrier over a permanent 
irrevocable rail easement on property to be acquired by the Georgia 
Department of Transportation (GDOT) from the City of Willacoochee, GA. 
The subject track extends from Nashville, GA, at milepost 57.2, to 
Willacoochee, GA, at milepost 73.8, a distance of 16.6 miles. GFRR 
states that it has been operating over the track as exempt industrial 
trackage since it first acquired its lines of railroad in 1999.
    GFRR indicates that the parties contemplate consummating the 
instant transaction on or before April 8, 2005. GFRR 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.\1\
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    \1\ GFRR also stated that its projected annual revenues 
following the transaction will exceed $5 million, but it requested 
waiver of the 60-day advance labor notice requirements at 49 CFR 
1140.42(e). That request is being addressed by the Board in a 
separate decision. The Board's decision on the request will affect 
the effective date of the exemption and hence the date on which the 
transaction could be consummated.
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    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 copes of all pleadings, referring to STB Finance 
Docket No. 34655, 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: 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: March 2, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-4416 Filed 3-9-05; 8:45 am]
BILLING CODE 4915-01-P