6796 Federal Register / Vol. 80, No. 25 / Friday, February 6, 2015 / Notices 

leases and operates rail lines owned by Union 

Pacific Railroad Company in California and Oregon; 

he also owns 49% of YCR Corporation (YRC), a 

Class III rail carrier established for the purpose of 

leasing and operating a line of railroad owned by 

Yakima County, Washington. 

2 It appears that Didelius controlled LRY and YCR 

when CCET first became a carrier through its lease 

of another portion of the CT Line in 2014, but he 

failed to seek authority for continuance in control 

at that time. See CCET, LLC—Lease & Operation 

Exemption—Rail Line of Norfolk S. Ry., FD 35810 

(STB served Apr. 4, 2014). Therefore, Didelius 

should have sought continuance in control 

authority at that time. We will treat the current 

verified notice of exemption as a belated request for 

continuance in control authority. 

1See CCET, LLC—Lease & Operation 

Exemption—Rail Line of Norfolk S. Ry., FD 35810 

(STB served Apr. 4, 2014). 

2On January 15, 2015, the Board allowed NSR to 

discontinue its freight rail service over 

approximately 40.7 miles of rail line, including the 

Line Extension, in Clermont, Brown, and Adams 

Counties, Ohio; the exemption should become 

effective on February 14, 2015. See Norfolk S. Ry.— 

Discontinuance of Serv. Exemption—in Clermont, 

Brown, & Adams Cntys., Ohio, AB 290 (Sub-No. 

370X) (STB served Jan. 15, 2015). Upon reaching an 

agreement with CCET to lease and operate the Line 

Extension, however, NSR informed the Board by 

letter dated January 20, 2015, that it will not 

effectuate discontinuance over the Line Extension. 

See CCET Petition, Ex. D. 

CCET, a short line rail carrier organized 

for the purpose of leasing and operating 

a line of railroad owned by the Norfolk 

Southern Railway Company (NSR). 

This transaction is related to a 

concurrently filed verified notice of 

exemption in CCET, LLC—Lease & 

Operation Exemption—Rail Line of 

Norfolk Southern Railway in Clermont, 

Brown, & Adams Counties, Ohio, Docket 

No. FD 35900, in which CCET seeks 

Board approval to amend an agreement 

to allow CCET to lease additional NSR 

CT Line trackage, from milepost CT 

32.83 to milepost CT 62.20, east of 

Seaman, Ohio.2

The transaction may be consummated 

on or after February 21, 2015, the 

effective date of the exemption (30 days 

after the verified notice of exemption 

was filed). 

Didelius represents that: (1) CCET 

does not connect with any of the other 

rail lines operated and controlled by 

Didelius; (2) there are no plans to 

acquire additional rail lines for the 

purpose of making a connection; and (3) 

each of the carriers involved the 

continuance in control transaction is a 

Class III carrier. Therefore, the 

transaction is exempt from the prior 

approval requirements of 49 U.S.C. 

11323. See 49 CFR 1180.2(d)(2). 

Under 49 U.S.C. 10502(g), the Board 

may not use its exemption authority to 

relieve a rail carrier of its statutory 

obligation to protect the interests of its 

employees. Section 11326(c), however, 

does not provide for labor protection for 

transactions under §§ 11324 and 11325 

that involve only Class III rail carriers. 

Accordingly, the Board may not impose 

labor protective conditions here, 

because all of the carriers involved are 

Class III carriers. 

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 February 13, 2015 

(at least seven days before the 

exemption becomes effective). 

An original and 10 copies of all 

pleadings, referring to Docket No. FD 

35901, must be filed with Surface 

Transportation Board, 395 E Street SW., 

Washington, DC 20423–0001. In 

addition, one copy of each pleading 

must be served on James H. M. Savage, 

22 Rockingham Court, Germantown, MD 

20874. 

Board decisions and notices are 

available on our Web site at 

‘‘WWW.STB.DOT.GOV.’’ 

Decided: February 3, 2015. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Brendetta S. Jones, 

Clearance Clerk. 

[FR Doc. 2015–02411 Filed 2–5–15; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF TRANSPORTATION 

Surface Transportation Board 

[Docket No. FD 35900] 

CCET, LLC—Lease and Operation 

Exemption—Rail Line of Norfolk 

Southern Railway Company in 

Clermont, Brown, and Adams 

Counties, Ohio 

CCET, LLC (CCET), a Class III carrier, 

has filed a verified notice of exemption 

under 49 CFR 1150.41 to lease from 

Norfolk Southern Railway (NSR) and 

operate a portion of NSR’s CT Line, 

between milepost CT 32.83 and 

milepost CT 62.20, east of Seaman, Ohio 

(Line Extension). 

CCET and NSR entered into a lease 

agreement on March 14, 2014, under 

which CCET currently leases a 24-mile 

portion of the CT Line between milepost 

CT 9.0 at Clare, Ohio, and milepost CT 

32.83, west of Williamsburg, Ohio.1 The 

parties now desire to amend the lease to 

include the Line Extension to the east, 

which would allow CCET to pursue 

additional commercial opportunities.2

NSR will retain limited overhead 

trackage rights over the Line Extension. 

This transaction is related to a 

concurrently filed verified notice of 

exemption in Paul Didelius— 

Continuance in Control—CCET, LLC, 

Docket No. FD 35901, in which Paul 

Didelius seeks Board approval to 

continue in control of CCET under 49 

CFR 1180.2(d)(2). 

CCET states that the lease between 

CCET and NSR does not contain any 

provision that prohibits, restricts, or 

would otherwise limit future 

interchange of traffic with any thirdparty carrier. 

CCET has certified that its projected 

annual revenues as a result of this 

transaction will not result in CCET’s 

becoming a Class II or Class I rail carrier 

and will not exceed $5 million. 

CCET states that the lease and 

operation of the Line Extension will 

commence on or after February 21, 

2015, the effective date of the exemption 

(30 days after the verified notice of 

exemption was filed). 

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 February 13, 2015 

(at least seven days before the 

exemption becomes effective). 

An original and 10 copies of all 

pleadings, referring to Docket No. FD 

35900, must be filed with Surface 

Transportation Board, 395 E Street SW., 

Washington, DC 20423–0001. In 

addition, one copy of each pleading 

must be served on James H.M. Savage, 

22 Rockingham Court, Germantown, MD 

20874. 

Board decisions and notices are 

available on our Web site at 

‘‘www.stb.dot.gov.’’ 

Decided: February 3, 2015. 

By the Board, Rachel D. Campbell, 

Director, Office of Proceedings. 

Brendetta S. Jones, 

Clearance Clerk. 

[FR Doc. 2015–02410 Filed 2–5–15; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF THE TREASURY 

Open Meeting of the President’s 

Advisory Council on Financial 

Capability for Young Americans 

AGENCY: Department of the Treasury. 

ACTION: Notice of meeting. 


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