82 FR 43280 - Decatur Central Railroad, L.L.C.-Acquisition and Operation Exemption-Topflight Grain Cooperative, Inc.

SURFACE TRANSPORTATION BOARD

Federal Register Volume 82, Issue 177 (September 14, 2017)

Page Range		43280-43280
FR Document		2017-19549

Federal Register, Volume 82 Issue 177 (Thursday, September 14, 2017)

[Federal Register Volume 82, Number 177 (Thursday, September 14, 2017)]
[Notices]
[Page 43280]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-19549]


=======================================================================
-----------------------------------------------------------------------

SURFACE TRANSPORTATION BOARD

[Docket No. FD 36139]


Decatur Central Railroad, L.L.C.--Acquisition and Operation 
Exemption--Topflight Grain Cooperative, Inc.

    Decatur Central Railroad, L.L.C. (DC), a Class III rail carrier, 
has filed a verified notice of exemption under 49 CFR 1150.41 to 
acquire from Topflight Grain Cooperative, Inc. (Topflight), the assets 
of a 15.52-mile rail line between milepost 12.11 near Cisco, Piatt 
County, Ill., and milepost 27.63 (Green's Switch) near Decatur, Macon 
County, Ill. (the line).\1\ In the verified notice, DC also seeks 
authority to operate a 2.11-mile segment of the line between milepost 
12.11 and milepost 14.22.\2\
---------------------------------------------------------------------------

    \1\ DC was authorized to assume operations over the 13.41-mile 
segment between milepost 14.22 near Cisco, Piatt County, Ill., and 
milepost 27.63 (Green's Switch) near Decatur, Macon County, Ill. 
That segment was previously operated by Decatur Junction Railway Co. 
See Decatur Cent. R.R.--Change in Operator Exemption--Decatur 
Junction Ry., FD 36080 (STB served Jan. 6, 2017).
    \2\ DC states that, after assuming operations, the line was 
found to be 2.11 miles longer than originally thought. DC now seeks 
authority to operate the 2.11-mile portion which was not included in 
its December 2016 filing.
---------------------------------------------------------------------------

    DC describes itself as a joint venture between OmniTRAX Holdings 
Combined, Inc. and Topflight Grain Cooperative, Inc., each of which 
owns 50% of DC. DC states that Topflight has agreed to convey its 
ownership interest in the line to DC.
    DC certifies that the agreement between Topflight and OmniTRAX does 
not contain any provision that prohibits DC from interchanging traffic 
with a third party or limits DC's ability to interchange traffic with a 
third-party railroad.
    DC also certifies that the proposed transaction will not result in 
DC's becoming a Class II or Class I rail carrier and that the projected 
annual revenue of DC will not exceed $5 million.
    The transaction may be consummated on or after September 28, 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 for stay must be filed no later than September 21, 
2017 (at least seven days before the exemption becomes effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36139, must be filed with the Surface Transportation Board, 395 E 
Street SW., Washington, DC 20423-0001. In addition, one copy of each 
pleading must be served on Karl Morell, Karl Morell & Associates, Suite 
440, 440 1st Street NW., Washington, DC 20001.
    According to DC, this action is categorically excluded from 
environmental review under 49 CFR 1105.6(c) and from historic reporting 
under 49 CFR 1105.8(b).
    Board decisions and notices are available on our Web site at 
WWW.STB.GOV.

    Decided: September 11, 2017.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2017-19549 Filed 9-13-17; 8:45 am]
 BILLING CODE 4915-01-P

43280 Federal Register / Vol. 82, No. 177 / Thursday, September 14, 2017 / Notices

SMALL BUSINESS ADMINISTRATION Financings which Constitute Conflicts DC describes itself as a joint venture
of lnterest of the Small Business between OmniTRAX Holdings
[License No. 01/71–0402]
Administration (‘‘SBA’’) Rules and Combined, Inc. and Topflight Grain
Ticonderoga SBIC, L.P.; Notice Regulations (13 CFR 107.730). Svoboda Cooperative, Inc., each of which owns
Seeking Exemption Under Section 312 Capital Fund IV SBIC, L.P. proposes to 50% of DC. DC states that Topflight has
of the Small Business Investment Act, provide equity security financing to agreed to convey its ownership interest
Conflicts of Interest Bully Pulpit Interactive, LLC, 1140 in the line to DC.
Connecticut Avenue NW., Washington,
Notice is hereby given that DC 20036 (‘‘BPI’’). DC certifies that the agreement
Ticonderoga SBIC, L.P., 25 Braintree The financing is brought within the between Topflight and OmniTRAX does
Hill Park, Suite 200, Braintree, MA purview of § 107.730(a) and (d) of the not contain any provision that prohibits
02184, a Federal Licensee under the Regulations because Svoboda Capital DC from interchanging traffic with a
Small Business Investment Act of 1958, Fund IV, L.P. an Associate of Svoboda third party or limits DC’s ability to
as amended (‘‘the Act’’), in connection Capital Fund IV SBIC, L.P., owns more interchange traffic with a third-party
with the sale of a small concern, has than ten percent of BPI, and therefore railroad.
sought an exemption under Section 312 this transaction is considered a DC also certifies that the proposed
of the Act and Section 107.730(a), you financing of an Associate requiring prior transaction will not result in DC’s
must not self-deal to the prejudice of a SBA approval. becoming a Class II or Class I rail carrier
Small Business, the Licensee, its Notice is hereby given that any and that the projected annual revenue of
shareholders or partners, or SBA. interested person may submit written
The transaction is brought within the DC will not exceed $5 million.
comments on the transaction, within
purview of § 107.730(a) of the fifteen days of the date of this The transaction may be consummated
Regulations because which constitutes publication, to the Associate on or after September 28, 2017, the
Conflicts of Interest of the Small Administrator for Investment, U.S. effective date of the exemption (30 days
Business Administration (‘‘SBA’’) Rules. Small Business Administration, 409 after the verified notice was filed).
Ticonderoga SBIC, L.P. proposes to sell Third Street SW., Washington, DC If the verified notice contains false or
eStudySite (‘‘eSS), 292 Euclid Ave, 20416. misleading information, the exemption
Suite 225, San Diego, California 92114,
with Meridien Research, Inc. (‘‘MRI’’) Dated: September 6, 2017. is void ab initio. Petitions to revoke the
and NRI Clinical Research (‘‘NRI’’). A. Joseph Shepard, exemption under 49 U.S.C. 10502(d)
Because the Associates, including Associate Administrator , Office of Investment may be filed at any time. The filing of
Ticonderoga K1, L.P., Ticonderoga KII and Innovation. a petition to revoke will not
L.P., and Craig Jones, will receive [FR Doc. 2017–19485 Filed 9–13–17; 8:45 am] automatically stay the effectiveness of
proceeds from their investments in NRI, BILLING CODE P the exemption. Petitions for stay must
this transaction constitutes Conflict of be filed no later than September 21,
Interest requiring SBA’s prior approval. 2017 (at least seven days before the
Notice is hereby given that any SURFACE TRANSPORTATION BOARD exemption becomes effective).
interested person may submit written An original and 10 copies of all
comments on this transaction within [Docket No. FD 36139]
pleadings, referring to Docket No. FD
fifteen days of the date of this 36139, must be filed with the Surface
Decatur Central Railroad, L.L.C.—
publication to the Associate Transportation Board, 395 E Street SW.,
Acquisition and Operation
Administrator, Office of Investment and
Exemption—Topflight Grain Washington, DC 20423–0001. In
Innovation, U.S. Small Business
Cooperative, Inc. addition, one copy of each pleading
Administration, 409 Third Street SW.,
Washington, DC 20416. must be served on Karl Morell, Karl
Decatur Central Railroad, L.L.C. (DC),
Morell & Associates, Suite 440, 440 1st
A. Joseph Shepard, a Class III rail carrier, has filed a verified
Street NW., Washington, DC 20001.
notice of exemption under 49 CFR
Associate Administrator for Office of
1150.41 to acquire from Topflight Grain According to DC, this action is
Investment and Innovation.
Cooperative, Inc. (Topflight), the assets categorically excluded from
[FR Doc. 2017–19486 Filed 9–13–17; 8:45 am]
of a 15.52-mile rail line between environmental review under 49 CFR
BILLING CODE 8025–01–P
milepost 12.11 near Cisco, Piatt County, 1105.6(c) and from historic reporting
Ill., and milepost 27.63 (Green’s Switch) under 49 CFR 1105.8(b).
SMALL BUSINESS ADMINISTRATION near Decatur, Macon County, Ill. (the Board decisions and notices are
line).1 In the verified notice, DC also available on our Web site at
Svoboda Capital Fund IV SBIC, L.P.; seeks authority to operate a 2.11-mile WWW.STB.GOV.
License No. 05/05–0327; Notice segment of the line between milepost
Seeking Exemption Under Section 312 12.11 and milepost 14.22.2 Decided: September 11, 2017.
of the Small Business Investment Act, By the Board, Rachel D. Campbell,
Conflicts of Interest 1 DC was authorized to assume operations over Director, Office of Proceedings.
the 13.41-mile segment between milepost 14.22
Jeffrey Herzig,
asabaliauskas on DSKBBXCHB2PROD with NOTICES

Notice is hereby given that Svoboda near Cisco, Piatt County, Ill., and milepost 27.63
Capital Fund IV SBIC, L.P., One North (Green’s Switch) near Decatur, Macon County, Ill. Clearance Clerk.
That segment was previously operated by Decatur [FR Doc. 2017–19549 Filed 9–13–17; 8:45 am]
Franklin Street, Suite 1500, Chicago, IL Junction Railway Co. See Decatur Cent. R.R.—
60606, a Federal Licensee under the Change in Operator Exemption—Decatur Junction BILLING CODE 4915–01–P
Small Business Investment Act of 1958, Ry., FD 36080 (STB served Jan. 6, 2017).
2 DC states that, after assuming operations, the
as amended (‘‘the Act’’), in connection
line was found to be 2.11 miles longer than
with the financing of a small concern, originally thought. DC now seeks authority to
has sought an exemption under Section operate the 2.11-mile portion which was not
312 of the Act and Section 107.730, included in its December 2016 filing.

VerDate Sep<11>2014 16:41 Sep 13, 2017 Jkt 241001 PO 00000 Frm 00065 Fmt 4703 Sfmt 9990 E:\FR\FM\14SEN1.SGM 14SEN1

Document Created: 2017-09-13 23:49:10
Document Modified: 2017-09-13 23:49:10

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		82 FR 43280