[Federal Register Volume 71, Number 128 (Wednesday, July 5, 2006)]
[Notices]
[Page 38209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-10372]



[[Page 38209]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34877]


Iowa River Railroad, Inc.--Acquisition and Operation Exemption--
Rail Lines of North Central Railway Association, Inc., and Union 
Pacific Railroad Company

    Iowa River Railroad, Inc. (IRR), a noncarrier, has filed a verified 
notice of exemption under 49 CFR 1150.31 \1\ to acquire (by purchase) 
and operate rail lines from: (1) North Central Railway Association, 
Inc., extending between milepost 201.46 at or near Ackley and milepost 
212.0 at or near Steamboat Rock, a distance of 10.54 miles, in Hardin 
County, IA; and (2) Union Pacific Railroad Company, extending between 
milepost 212.0 at or near Steamboat Rock and milepost 243.35 at or near 
Marshalltown, a distance of 31.35 miles, in Hardin and Marshall 
Counties, IA. The total distance of rail lines to be purchased and 
operated by IRR is 41.89 miles.
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    \1\ IRR's notice of exemption originally was filed on May 23, 
2006, but was amended on June 1 and June 5, 2006. Therefore, the 
official filing date for the notice of exemption is June 5, 2006.
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    IRR 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.
    IRR stated that the transaction would be consummated no sooner than 
7 days after June 5, 2006.
    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. 34877 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: T. Scott Bannister, T. Scott 
Bannister & Associates, 111--Fifty-Sixth Street, Des Moines, IA 50312.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: June 27, 2006.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E6-10372 Filed 7-3-06; 8:45 am]
BILLING CODE 4915-01-P