[Federal Register Volume 70, Number 131 (Monday, July 11, 2005)]
[Notices]
[Pages 39852-39853]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-13439]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34718]


Ohi-Rail Corporation--Lease and Operation Exemption--Wheeling & 
Lake Railway Company

    Ohi-Rail Corporation (Ohi-Rail), a Class III rail carrier, has 
filed a verified notice of exemption under 49 CFR 1150.41 to lease and 
operate, pursuant to an agreement entered into with Wheeling & Lake 
Erie Railway Company (W&LE), W&LE's line of railroad known as the 
Cleveland Subdivision, Carrollton Branch, from milepost 0.0 in Canton, 
OH, to milepost 27.71 in Carrollton, OH, and from milepost 0.0 to 
milepost 3.00 on the Minerva Branch. The lease will also provide 
overhead interchange rights from milepost 0.44 in the Canton Yard to 
milepost 1.7 at Furnace Junction, with no servicing of customers 
between those mileposts. The total distance of rail lines to be leased 
and operated by Ohi-Rail is 30.71 miles.\1\
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    \1\ Ohi-Rail indicated that it will interchange traffic on this 
line with W&LE at the Canton Yard between milepost 0.0 and milepost 
1.7.
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    Based on projected revenues for the Cleveland Subdivision, 
Carrollton Branch and the Minerva Branch, Ohi-Rail expects to remain a 
Class III rail carrier after consummation of the proposed transaction. 
It certifies that the projected annual rail revenue does not exceed $5 
million.
    The transaction was scheduled to be consummated shortly after June 
20, 2005, but no sooner than the June 21, 2005 effective date of the 
exemption.
    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. 34718, must be filed with the Surface Transportation 
Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Brendan Delay, 619 Linda 
Street, Suite 101, Rocky River, OH 44116.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: July 1, 2005.


[[Page 39853]]


    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-13439 Filed 7-8-05; 8:45 am]
BILLING CODE 4915-01-P