[Federal Register Volume 76, Number 103 (Friday, May 27, 2011)]
[Notices]
[Page 31009]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-13091]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. FD 35508]


Iowa Northern Railway Company--Operation Exemption--North Central 
Iowa Rail Corridor, LLC

    Iowa Northern Railway Company (IANR), a Class III, has filed a 
verified notice of exemption under 49 CFR 1150.41 to operate 
approximately 27.83 miles of rail line owned by Union Pacific Railroad 
Company (UP), referred to as the Forest City Line. The Forest City Line 
extends between milepost 48.12 at Belmond, Iowa, and milepost 79.95 at 
Forest City, Iowa, and includes 600 feet of connecting track at Garner, 
Iowa, in Hancock, Winnebago, and Wright Counties, Iowa.
    This transaction is related to 2 other verified notices of 
exemption, filed in: (1) Docket No. FD 35507, North Central Iowa Rail 
Corridor, LLC--Acquisition Exemption--Union Pacific Railroad Company, 
in which North Central Iowa Rail Corridor, LLC seeks to acquire from 
Union Pacific Railroad Company the Forest City Line; and (2) Docket No. 
FD 35511, Iowa Northern Railway Company--Trackage Rights Exemption--
Dakota, Minnesota & Eastern Railroad Corporation d/b/a Canadian 
Pacific, in which IANR seeks authority to exercise certain specified 
overhead trackage rights from Dakota, Minnesota & Eastern Railroad 
Corporation d/b/a Canadian Pacific.
    The transaction is expected to be consummated on or after June 10, 
2011, which will be after the June 9, 2011 effective date of the 
exemption (30 days after the exemption was filed).
    IANR certifies that its projected annual revenues as a result of 
this transaction will not exceed those that would qualify it as a Class 
III rail carrier and further certifies that its projected annual 
revenues will not exceed $5 million.
    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. Petitions to stay must be filed no later than June 2, 2011 
(at least 7 days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 35508, 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 T. Scott Bannister, Iowa Northern Railway 
Company, 305 Second Street, SE., Suite 400, Cedar Rapids, IA 52401.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: May 23, 2011.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2011-13091 Filed 5-26-11; 8:45 am]
BILLING CODE 4915-01-P