[Federal Register Volume 70, Number 186 (Tuesday, September 27, 2005)]
[Notices]
[Pages 56525-56526]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-19138]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34729]


Saginaw Bay Southern Railway Company--Acquisition and Operation 
Exemption--Rail Line of CSX Transportation, Inc.

    Saginaw Bay Southern Railway Company (SBS), a noncarrier, has filed 
a verified notice of exemption under 49 CFR 1150.31 to acquire and 
operate approximately 67 miles of rail line owned by CSX 
Transportation, Inc. (CSXT) in Bay, Saginaw, Genesee, and Midland 
Counties, MI, as follows: (1) From milepost CC 0.0 at the Saginaw 
Station to milepost CC 26.2 at the Mt. Morris Station; (2) from 
milepost CB 0.0 at the Saginaw Station to milepost CB 17.37 at the 
Midland Station; (3) from milepost CBB 0.0 at the Saginaw Station to 
milepost CBB 16.7 at the Essexville Station; (4) from milepost CBC 0.0 
to milepost CBC 2.0 both at the Saginaw Station; (5) from milepost CBD 
2.2 to milepost CBD 4.5 both at the Saginaw Station; (6) from milepost 
CSF 0.0 to milepost CSF 0.82 both at the Saginaw Station; and (7) from 
milepost CBE 7.72 to milepost CBE 10.09 both at the Paines Station.
    Under this transaction, SBS will purchase the track along the line 
from CSXT and will lease the underlying right-of-way. SBS plans to 
provide service over the line through the use of a contract operator, 
Lake State Railway Company, although only SBS will hold responsibility 
for providing common carrier rail service over the line.
    SBS certifies that its projected revenues will not exceed those 
that would qualify it as a Class III carrier. However, because the 
projected annual revenues of the rail line to be operated will exceed 
$5 million following consummation of this transaction, SBS has 
certified to the Board, on August 19, 2005, as amended August 26, 2005, 
that it posted the required notice of its rail line acquisition at the 
workplace of the employees of CSXT and served the notice on the 
national offices of all labor unions with employees on the affected 
line. See 49 CFR 1150.32(e).
    The transaction is expected to be consummated on or after October 
28, 2005 (which is 60 days or more after SBS' certification to the 
Board that it had complied with the Board's regulation at 49 CFR 
1150.32(e)).
    This transaction is related to STB Finance Docket No. 34730, James 
George and J&JG Holding Company, Inc.--Continuance in Control 
Exemption--Saginaw Bay Southern Railway Company, wherein James George 
and J&JG Holding Company, Inc. seek authorization through a petition 
for exemption, to continue in control of SBS upon SBS' becoming a Class 
III rail carrier.
    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

[[Page 56526]]

a petition to revoke will not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34729, 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 Andrew B. Kolesar III, Slover & 
Loftus, 1224 17th Street, NW., Washington, DC 20036.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: September 19, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-19138 Filed 9-26-05; 8:45 am]
BILLING CODE 4915-01-P