[Federal Register Volume 71, Number 148 (Wednesday, August 2, 2006)]
[Notices]
[Page 43840]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-12331]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34907]


Durbin & Greenbrier Valley Railroad Inc.--Operation Exemption--
Greater Shenandoah Valley Development Company

    Durbin & Greenbrier Valley Railroad Inc. (DGVR), a Class III rail 
carrier, has filed a verified notice of exemption \1\ under 49 CFR 
1150.41 to operate, pursuant to a 3-year agreement entered into with 
the Greater Shenandoah Valley Development Company (SVDC), an 
approximately 20.2-mile SVDC line of railroad, extending between 
milepost 5.0 at Pleasant Valley, VA, and milepost 25.2 near Staunton, 
VA, in Rockingham and Augusta Counties, VA.\2\ DGVR states that it will 
interchange traffic with Norfolk Southern Railway Company at Pleasant 
Valley and with CSX Transportation, Inc., at Staunton.\3\
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    \1\ DGVR filed an amendment to its notice on July 18, 2006, 
clarifying the end points of the line and stating that it would not 
consummate the transaction until 7 days after the filing of the 
amendment.
    \2\ Cassatt Management, LLC d/b/a Bay Coast Railroad (BCR), 
previously filed a notice of exemption to operate the above-
described rail line. See Cassatt Management, LLC d/b/a Bay Coast 
Railroad--Operation Exemption--;Shenandoah Valley Railroad Line, STB 
Finance Docket No. 34815 (STB served Feb. 6, 2006). In its notice of 
exemption, BCR stated that its agreement with the line's owner was 
to expire on February 28, 2006, but that it was currently 
negotiating for a new agreement to operate the subject line.
    \3\ The current operator of the line continues to be Eastern 
Shore Railroad, Inc. (ESHR). See Eastern Shore Railroad, Inc.--
Operation Exemption--Greater Shenandoah Valley Development Company 
d/b/a Shenandoah Valley Railroad Company, STB Finance Docket No. 
34313 (STB served Mar. 11, 2003). Upon consummation of the 
transaction, DGVR will assume operations over the line and ESHR will 
cease its operations over the line.
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    DGVR certifies that its projected annual revenues as a result of 
this transaction will not result in the creation of a Class II or Class 
I rail carrier and will not exceed $5 million.
    The transaction was scheduled to be consummated no earlier than 
July 25, 2006 (7 days after the amendment to the notice of exemption 
was filed).
    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. 34907, 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 Kelvin J. Dowd, Slover & 
Loftus, 1224 Seventeenth Street, NW., Washington, DC 20036.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: July 26, 2006.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
 [FR Doc. E6-12331 Filed 8-1-06; 8:45 am]
BILLING CODE 4915-01-P