[Federal Register Volume 70, Number 77 (Friday, April 22, 2005)]
[Notices]
[Page 20963]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-8089]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34666]


Columbus and Greenville Railway Company--Acquisition and 
Operation Exemption--Line of City of Greenwood, MS

    Columbus and Greenville Railway Company (C&G), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to acquire from the City of Greenwood (City) and operate approximately 
2.99 miles of newly constructed bypass rail line, extending from C&G 
milepost 113.59 to C&G milepost 116.57, in Leflore County, MS.\1\
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    \1\ C&G's main line runs through the City. C&G intends to file 
for abandonment authority over a portion of that line, between 
milepost 112.67 and milepost 114.26, and, once abandonment has been 
authorized, it intends to deed the abandoned segment to the City for 
public use. C&G states that the City intends to deed the bypass 
track and attendant properties to it, which will be an equal 
exchange and allow the City to reach its goal of moving rail 
operations out of the City's central commercial area. C&G also 
states that it will gain a more efficient and safer main line 
operation over the bypass track.
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    C&G 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 annual revenues will not exceed $5 
million.
    The transaction was scheduled to be consummated after March 30, 
2005, the effective date of the exemption (7 days after the exemption 
was filed).\2\
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    \2\ On March 30, 2005, Morris Recycling, Inc. (Morris), filed 
petitions to stay and to revoke the transaction. On April 8, 2005, 
C&G responded, and, on April 14, 2005, Morris filed a petition for 
leave to file a reply and a reply to C&G's reply. These filings will 
be addressed in a separate Board decision.
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    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. 34666, 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 H. Lynn Gibson, 201 19th Street 
North, P.O. Box 6000, Columbus, MS 39703.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: April 18, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-8089 Filed 4-21-05; 8:45 am]
BILLING CODE 4915-01-P