Surface Transportation Board
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 [FD 35217 (Sub No. 1)] Stillwater Central Railroad, L.L.C. (SLWC), a Class III carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to continue to lease and to operate, pursuant to a lease agreement entered into with Hollis & Eastern Railroad, L.L.C. (HE), 14 miles of rail line extending from milepost 0.0 at Duke, Okla., to milepost 14.0 at Altus, Okla. (the Line). SLWC is the current operator on the Line, having received authority to lease and operate the Line in 2010. See Stillwater Cent. R.R.—Lease & Operation Exemption—Hollis & E. R.R., FD 35217 (STB served Feb. 12, 2010). According to the verified notice, SLWC and HE have recently agreed to updated terms governing SLWC's continued lease from HE, and operation of, the Line. SLWC certifies that its agreement with HE contains no commitments or provisions prohibiting or limiting SLWC from interchanging traffic with a third-party carrier. SLWC further certifies that its projected annual revenues as a result of the transaction will not exceed the threshold of a Class I or Class II rail carrier. However, its projected annual revenues will exceed $5 million. Pursuant to 49 CFR 1150.42(e) , if a carrier's projected annual revenues will exceed $5 million, it must, at least 60 days before the exemption becomes effective, post a notice of its intent to undertake the proposed transaction at the workplace of the employees on the affected lines, serve a copy of the …
Citation: 91 FR 17054
