[Federal Register Volume 82, Number 233 (Wednesday, December 6, 2017)]
[Notices]
[Page 57643]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-26267]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36158]


Old Augusta Railroad, LLC--Acquisition and Operation Exemption--
KM Railways, LLC

    Old Augusta Railroad, LLC (OAR), a Class III rail carrier, has 
filed a verified notice of exemption under 49 CFR 1150.41 to purchase 
from KM Railways, LLC (KMR) (a Class III rail carrier commonly owned 
with OAR by Koch Industries, Inc.), and to continue to operate 
approximately 2.5 miles of rail line from New Augusta (Station No. FSAC 
10) to Augusta (Station No. FSAC 20) in Perry County, Miss., pursuant 
to an Asset Purchase Agreement (Agreement). According to OAR, there are 
no branch lines and no mile posts.\1\
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    \1\ In 2009, KMR was authorized to acquire the 2.5-mile rail 
line from OAR, and OAR was authorized to lease and operate it. See 
KM Rys.--Acquisition Exemption--Old Augusta R.R., FD 35321 (STB 
served Dec. 4, 2009); Old Augusta R.R.--Lease & Operation 
Exemption--KM Rys., FD 35319 (STB served Dec. 4, 2009).
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    OAR states that this transaction is an internal reorganization for 
corporate purposes and there will be no change in the operations 
presently being conducted on the line by OAR after the purchase.
    OAR states that the proposed transaction does not involve any 
provision or agreement that would limit future interchange with a 
third-party connecting carrier. OAR certifies that its projected annual 
revenues will not result in creation of a Class I or Class II rail 
carrier and that its projected annual revenues will not exceed $5 
million.
    The parties intend to consummate the transaction on or after 
December 20, 2017, the effective date of the exemption (30 days after 
the verified notice 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 to stay must be filed no later than December 13, 
2017 (at least seven days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36158, 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 applicant's representative, David H. Coburn, 
Steptoe & Johnson LLP, 1330 Connecticut Avenue NW., Washington, DC 
20036.
    According to OAR, 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.GOV.
    Decided: December 1, 2017.
    By the Board, Scott M. Zimmerman, Acting Director, Office of 
Proceedings.

Marline Simeon,
Clearance Clerk.
[FR Doc. 2017-26267 Filed 12-5-17; 8:45 am]
 BILLING CODE 4915-01-P