Base
Notice2025-043022025-03-18

Macquarie Infrastructure Partners V GP, LLC, et al.-Continuance in Control-North Florida Industrial Railroad, LLC; North Florida Industrial Railroad, LLC-Lease and Operation Exemption-Rail Line in Columbia County, Fla.

Surface Transportation Board

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Surface Transportation Board [Docket No. FD 36823; Docket No. FD 36824] By petition filed on January 7, 2025, in Macquarie Infrastructure Partners V GP, LLC—Continuance in Control—North Florida Industrial Railroad, LLC, Docket No. FD 36823, Macquarie Infrastructure Partners V GP, LLC (MIP GP), for the benefit of the Macquarie Infrastructure Partners V fund vehicle (MIP V); MIP V Rail, LLC (MIP Rail); Pinsly Holdco, LLC; and Pinsly Railroad Company, LLC (Pinsly), all non-carriers (together, Petitioners), seeks an exemption under 49 U.S.C. 10502 from the prior approval requirements of 49 U.S.C. 11323 to continue in control of North Florida Industrial Railroad, LLC (NFIR), when NFIR becomes a Class III rail carrier. [ 1 ] As discussed below, the Board will grant the petition for exemption. Background NFIR is a noncarrier that has been organized to lease and operate 4,891 feet of track in Columbia County, Fla. (the Line), connecting the North Florida Mega Industrial Park (Park) with a rail line operated by Florida Gulf & Atlantic Railroad, LLC (FG&A). (Pet. 2-3.) NFIR is owned by Pinsly. [ 1 ] In a related transaction in North Florida Industrial Railroad, LLC—Lease and Operation Exemption—Rail Line in Columbia County, Fla., Docket No. FD 36824, NFIR filed a verified notice of exemption to lease and operate the Line. According to the verified notice, the Line is currently owned by Columbia County, Fla., a noncarrier, and is inactive. (Notice 2.) Not

Read full document on FederalRegister.gov →

Full Document

Citation: 90 FR 12633