[Federal Register Volume 75, Number 56 (Wednesday, March 24, 2010)]
[Notices]
[Page 14243]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-6414]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 35359]


Pacific Rim Railway Company, Inc.--Acquisition and Operation 
Exemption--City of Keokuk, IA

    Pacific Rim Railway Company, Inc. (PRIM), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire from the 
City of Keokuk, IA and to operate approximately 2,894 feet of railroad 
trackage (.544-mile) consisting of a 2,194 foot-long railroad bridge 
over the Mississippi River, commonly known as the Keokuk Municipal 
Bridge, approximately 600 feet of land and track at the approach to the 
bridge at Hamilton, IL and approximately 100 feet of land and track at 
the approach to the bridge at Keokuk (collectively, the Bridge). The 
Bridge connects trackage at Keokuk with trackage at Hamilton.\1\
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    \1\ PRIM states that, because the Bridge is part of a through 
route for rail transportation, it is a ``railroad line'' under 49 
U.S.C. 10901(a)(4). Rail transportation over the Bridge is currently 
being performed by Keokuk Junction Railway Company (KJRY), a Class 
III rail carrier. PRIM does not propose to operate over the Bridge, 
but acknowledges that, as owner of the Bridge, it would have a 
residual common carrier obligation to provide rail transportation in 
the event KJRY ceases to do so. PRIM seeks an exemption for 
operation on that basis.
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    The transaction is expected to be consummated on or shortly after 
April 7, 2010 (the effective date of the exemption).
    PRIM certifies that its projected annual revenues as a result of 
the transaction do not exceed those that would qualify it as a Class 
III rail carrier and further certifies that its projected annual 
revenue 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 for stay must be filed no later than March 31, 
2010 (at least 7 days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 35359, 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 Thomas F. McFarland, 208 South 
LaSalle Street, Suite 1890, Chicago, IL 60604.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: March 18, 2010.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.

Kulunie L. Cannon,
Clearance Clerk.
[FR Doc. 2010-6414 Filed 3-23-10; 8:45 am]
BILLING CODE 4915-01-P