[Federal Register Volume 70, Number 225 (Wednesday, November 23, 2005)]
[Notices]
[Page 70919]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-23094]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34770]


D&W Railroad, LLC--Acquisition Exemption--Rail Lines of D&W 
Railroad, Inc.

    D&W Railroad, LLC (D&W, LLC), a noncarrier, has filed a verified 
notice of exemption under 49 CFR 1150.31 to acquire approximately 29 
miles of rail line, including incidental trackage rights, known as the 
Waterloo Industrial Lead, from D&W Railroad, Inc. The lines to be 
acquired are located in Black Hawk, Buchanan and Fayette Counties, IA, 
as follows: (1) between milepost 332.0 at Dewar, IA, and milepost 354.3 
at Oelwein, IA; (2) between milepost 245.58 and milepost 245.0 at 
Oelwein; (3) .32 miles of wye track at Oelwein; and (4) incidental 
trackage rights over Union Pacific Railroad Company's track between 
milepost 332.0 at Dewar and milepost 326.2 at Linden Street, Waterloo, 
IA.\1\
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    \1\ According to D&W, LLC, the lines have been operated by Iowa 
Northern Railway Company (Iowa Northern) and Iowa Northern will 
continue to operate the lines under D&W, LLC's ownership.
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    D&W, LLC certifies that its projected revenues as a result of this 
transaction will not exceed those that would qualify it as a Class III 
rail carrier.
    D&W, LLC reported that the parties intend to consummate the 
transaction no earlier than October 31, 2005 (the effective date of the 
exemption).
    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. 34770, must be filed with the Surface Transportation 
Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on Thomas F. McFarland, 208 South 
LaSalle Street, Suite 1890, Chicago, IL 60604-1112.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: November 16, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-23094 Filed 11-22-05; 8:45 am]
BILLING CODE 4915-01-P