81 FR 62549 - Mississippi Southern Railroad, L.L.C.-Lease and Operation Exemption-The Kansas City Southern Railway Company

SURFACE TRANSPORTATION BOARD

Federal Register Volume 81, Issue 175 (September 9, 2016)

[Federal Register Volume 81, Number 175 (Friday, September 9, 2016)]
[Notices]
[Page 62549]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-21773]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36060]


Mississippi Southern Railroad, L.L.C.--Lease and Operation 
Exemption--The Kansas City Southern Railway Company

    Mississippi Southern Railroad, L.L.C. (MSR), a Class III rail 
carrier, has filed a verified notice of exemption under 49 CFR 1150.41 
to continue to lease from The Kanas City Southern Railway Company 
(KCS), and to operate, approximately 26.5 miles of rail line between 
milepost 133.0 near Bay Springs, Miss., and milepost 159.5 near Newton, 
Miss.
    MSR and KCS originally entered into a lease agreement in 2005.\1\ 
According to MSR, they have recently entered into an amended and 
restated lease agreement (Amended Agreement) which, among other things, 
extends the term of the lease to August 1, 2026. MSR will continue to 
be the operator of the 26.5-mile line.
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    \1\ See Miss. S. R.R.--Lease & Operation Exemption--Kan. City S. 
Ry., FD 34684 (STB served April 21, 2005).
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    MSR certifies that the projected annual revenues as a result of 
this transaction will not result in MSR's becoming a Class I or Class 
II rail carrier and that its projected annual revenue will not exceed 
$5 million. MSR states that the Amended Agreement regarding the subject 
line does not contain any provision that prohibits MSR from 
interchanging traffic with a third party or limit MSR's ability to 
interchange with a third party.
    The proposed transaction may be consummated on or after September 
24, 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 to 
stay must be filed by September 16, 2016 (at least seven days prior to 
the date the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36060 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, Karl Morell, 
Karl Morell & Associates, 655 Fifteenth Street NW., Suite 225, 
Washington, DC 20005.
    According to MSR, 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.

    Decided: September 2, 2016.

    By the Board, Joseph H. Dettmar, Acting Director, Office of 
Proceedings.
Marline Simeon,
Clearance Clerk.
[FR Doc. 2016-21773 Filed 9-8-16; 8:45 am]
 BILLING CODE 4915-01-P