[Federal Register Volume 82, Number 22 (Friday, February 3, 2017)]
[Notices]
[Pages 9271-9272]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-02292]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36093]
Itawamba County Railroad Authority--Acquisition Exemption--
Mississippian Railway
Itawamba County Railroad Authority (ICRA), a noncarrier and
political subdivision of the State of Mississippi, has filed a verified
notice of exemption under 49 CFR 1150.31 to acquire from the Itawamba
County Port Commission (ICPC) a 25-mile rail line, known as the
Mississippian Railway, between milepost 0.0 in Amory, Miss., and
milepost 25.0 in Fulton, Miss. (the Line).
This transaction is related to a concurrently filed verified notice
of exemption in Itawamba Mississippian Railroad, LLC--Lease and
Operation Exemption--Itawamba County Railroad Authority, Docket No. FD
36094, in which the Itawamba Mississippian Railroad, LLC (IMR) seeks
Board approval under 49 CFR 1150.31 to lease from ICRA and operate the
Line upon consummation of the transactions.
According to ICRA, an agreement has been reached to transfer
ownership of the Line and related assets from ICPC to ICRA, and ICRA
has reached an agreement with IMR to lease and operate the Line.
ICRA certifies that the projected annual revenues as a result of
this transaction will not result in ICRA's becoming a Class I or Class
II rail carrier and will not exceed $5 million. ICRA certifies also
that the proposed transaction does not involve any provision or
agreement between ICRA and ICPC that would limit future interchange of
traffic with a third-party connecting carrier.
The proposed transaction may be consummated on or after February
18, 2017, the effective date of this exemption (30 days after the
verified notice was filed). If the verified notice contains false or
misleading
[[Page 9272]]
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 by February 10, 2017
(at least seven days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 36093, 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 applicant's representative, Rodney M. Love,
Mississippi Department of Transportation, 401 North West Street, Suite
9500, Jackson, MS 39201.
According to ICRA, this action is categorically excluded from
environmental reporting under 49 CFR 1105.6(c).
Board decisions and notices are available on our Web site at
``WWW.STB.GOV.''
Decided: January 30, 2017.
By the Board, Rachel D. Campbell, Director, Office of
Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2017-02292 Filed 2-2-17; 8:45 am]
BILLING CODE 4915-01-P