[Federal Register Volume 79, Number 247 (Wednesday, December 24, 2014)]
[Notices]
[Page 77598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-30203]



[[Page 77598]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. FD 35886]


Illinois Railway, LLC--Lease and Operation Exemption--Rail Line 
of Peru Land Acquisition 2, LLC

    Illinois Railway, LLC (IR), a Class III rail carrier, has filed a 
verified notice of exemption under 49 CFR 1150.41 to lease from Peru 
Land Acquisition 2, LLC (PLA2), and to operate approximately 3.5 miles 
of rail line extending from a connection to IR on its western end, to 
the end of the track on its eastern end west of Illinois Route 251, all 
near Peru, in Bureau and LaSalle Counties, Ill. (the Peru City Track or 
the line).\1\
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    \1\ According to IR, there are no mileposts associated with the 
line.
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    This transaction is related to a concurrently filed verified notice 
of exemption in Docket No. FD 35885, Peru Land Acquisition 2, LLC--
Acquisition Exemption--Rail Line of The City of Peru, Ill., in which 
PLA2 seeks Board approval to acquire the Peru City Track from the City 
of Peru, Ill., the line's current owner.
    IR states that it currently operates over the Peru City Track under 
an arrangement with the City of Peru and that the proposed transaction 
will not result in any change in operations or service to customers.
    IR states that the lease and operation agreement does not include 
any provision that would limit IR's future interchange of traffic on 
the line with a third-party connecting carrier.
    IR certifies that its projected annual revenues as a result of this 
transaction will not result in IR's becoming a Class II or Class I rail 
carrier. IR further certified on December 2, 2014, that, pursuant to 49 
CFR 1150.42(e), on that date it: (1) Posted notice of its intent to 
undertake the proposed transaction at the workplaces of IR employees on 
the Peru City Track; and (2) served a copy of the notice on the 
national office of the labor union representing IR employees on the 
Peru City Track.
    IR states that it intends to consummate the proposed lease 
transaction on or after February 3, 2015. The transaction may be 
consummated on or after January 31, 2015, the effective date of the 
exemption.\2\
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    \2\ Typically an exemption of this type would be effective 30 
days after the exemption was filed (here, January 10, 2015). 
However, under 49 CFR 1150.42(e), the exemption cannot become 
effective until 60 days after notice has been provided to the 
employees on the line and the national offices of their labor unions 
and certification has been provided to the Board, all of which 
occurred here on December 2, 2014.
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    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 January 23, 
2015 (at least seven days before the exemption becomes effective).
    An original and ten copies of all pleadings, referring to Docket 
No. FD 35886, must be filed with the Surface Transportation Board, 395 
E Street SW., Washington, DC 20423-0001. In addition, one copy of each 
pleading must be served on Michael J. Barron, Jr., Fletcher & Sippel 
LLC, 29 North Wacker Drive, Suite 920, Chicago, IL 60606.
    Board decisions and notices are available on our Web site at 
WWW.STB.DOT.GOV.

    Decided: December 19, 2014.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Raina S. White,
Clearance Clerk.
[FR Doc. 2014-30203 Filed 12-23-14; 8:45 am]
BILLING CODE 4915-01-P