81 FR 9924 - County of Greenville, S.C.-Acquisition Exemption-Rail Line of Greenville County Economic Development Corporation

SURFACE TRANSPORTATION BOARD

Federal Register Volume 81, Issue 38 (February 26, 2016)

[Federal Register Volume 81, Number 38 (Friday, February 26, 2016)]
[Notices]
[Page 9924]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-04162]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 35997]


County of Greenville, S.C.--Acquisition Exemption--Rail Line of 
Greenville County Economic Development Corporation

    The County of Greenville, S.C. (County), a non-operating Class III 
rail carrier and political subdivision of the State of South Carolina, 
has filed a verified notice of exemption under 49 CFR 1150.41 to 
acquire from Greenville County Economic Development Corporation (GCEDC) 
approximately 3.29 miles of rail-banked line between milepost AJK 
585.34 in East Greenville, S.C., and milepost AJK 588.63 in Greenville, 
S.C. (the Line), and to acquire GCEDC's residual common carrier 
obligation on the Line.\1\
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    \1\ The Line is rail banked pursuant to Sec.  8(d) of the 
National Trails System Act, 16 U.S.C. 1247(d). See Greenville Cty. 
Econ. Dev. Corp.--Aban. Exemption--in Greenville Cty, S.C., AB 490 
(Sub-No. 2X) (STB served May 18, 2015). In a letter filed on 
September 14, 2015, in Docket No. AB 490 (Sub-No. 2X), the County 
and GCEDC jointly notified the Board that an interim trail use/rail-
banking agreement had been reached between the parties. Currently, 
the County is the trail sponsor, and GCEDC is the owner of the Line 
and holder of the residual common carrier right to reactivate rail 
service.
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    According to the County, it has reached an agreement with GCEDC 
pursuant to which, upon the effectiveness of this transaction, GCEDC 
will transfer to the County the entirety of its interest in the Line, 
including its residual common carrier obligation. The end result will 
be that all of GCEDC's ownership rights and responsibilities in the 
Line will be transferred to the County and remain rail-banked.
    The County states that the proposed acquisition will not involve 
any provision or agreement between GCEDC and the County that would 
limit future interchange with a third-party connecting carrier.
    The transaction may be consummated on or after March 13, 2016 (30 
days after the notice of exemption was filed).
    The County certifies that its projected annual revenues as a result 
of this transaction will not result in its becoming a Class I or Class 
II rail carrier and will not exceed $5 million.
    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 March 4, 2016 
(at least seven days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 35997, must be filed with the Surface Transportation Board, 395 E 
Street SW., Washington, DC 20423-0001. In addition, a copy must be 
served on William A. Mullins, Baker & Miller PLLC, 2401 Pennsylvania 
Ave. NW., Suite 300, Washington, DC 20037.
    According to the County, 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: February 23, 2016.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2016-04162 Filed 2-25-16; 8:45 am]
BILLING CODE 4915-01-P