[Federal Register Volume 72, Number 207 (Friday, October 26, 2007)]
[Notices]
[Page 60930]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-20926]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 35079]


West Texas and Lubbock Railway Company--Acquisition and Operation 
Exemption--BNSF Railroad Company

    West Texas and Lubbock Railway Company (WTLC), \1\ a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to acquire, by purchase from BNSF Railway Company (BNSF), and operate 
approximately 37.5 miles of rail line known as the South Plains 
Subdivision, extending from milepost 330.1 west of Plainview, TX, to 
the end of the line at milepost 367.6 in Dimmitt, TX.
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    \1\ Iowa Pacific Holdings, LLC owns WTLC through its wholly 
owned subsidiary Permian Basin Railways, Inc.
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    The transaction is expected to be consummated on or after November 
10, 2007.
    WTLC certifies that its projected annual revenues as a result of 
this transaction would not exceed $5 million and would not result in 
the creation of a Class II or Class I rail carrier.
    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 effectiveness of the 
exemption. Stay petitions must be filed by November 2, 2007 (at least 7 
days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 35079, must be filed with the Surface Transportation 
Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on John D. Heffner, John D. 
Heffner, PLLC, 1750 K Street, NW., Suite 350, Washington, DC 20006.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: October 18, 2007.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7-20926 Filed 10-25-07; 8:45 am]
BILLING CODE 4915-01-P