[Federal Register Volume 81, Number 146 (Friday, July 29, 2016)]
[Notices]
[Pages 50044-50045]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-17991]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36050]


Iowa Southern Railway Company--Lease and Operation Exemption--
Appanoose County Community Railroad, Inc.

    Iowa Southern Railway Company (ISR), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire by lease 
from Appanoose County Community Railroad, Inc. (APNC) and to operate 
approximately 34.5 miles of rail line between milepost 0.0 in 
Centerville, Appanoose County, Iowa, and milepost 34.5 in Albia, Monroe 
County, Iowa.
    This transaction is related to a concurrently filed verified notice 
of exemption in Progressive Rail Incorporated--Continuance in Control 
Exemption--Iowa Southern Railway, Docket No. FD 36051, wherein 
Progressive Rail Incorporated seeks Board approval to continue in 
control of ISR, upon ISR's becoming a Class III rail carrier.
    ISR certifies that its projected annual revenues as a result of 
this transaction will not exceed $5 million or result in the creation 
of a Class II or Class I rail carrier. ISR states that the lease 
agreement does not include any provision limiting its future 
interchange of traffic on the line with a third-party connecting 
carrier.
    The transaction may be consummated on or after August 13, 2016, 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 August 5, 2016 (at least seven days before the exemption 
becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36050, 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 J. Litwiler and Audrey L. Brodrick, 
Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 920, Chicago, IL 
60606.
    According to ISR, this action is categorically excluded from 
environmental review under 49 CFR 1105.6(c).
    Board decisions and notices are available on our Web site at 
``WWW.STB.DOT.GOV.''


[[Page 50045]]


    Decided: July 26, 2016.

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

Raina S. Contee,
Clearance Clerk.
[FR Doc. 2016-17991 Filed 7-28-16; 8:45 am]
 BILLING CODE 4915-01-P