82 FR 9271 - Itawamba Mississippian Railroad, LLC-Lease and Operation Exemption-Itawamba County Railroad Authority

SURFACE TRANSPORTATION BOARD

Federal Register Volume 82, Issue 22 (February 3, 2017)

[Federal Register Volume 82, Number 22 (Friday, February 3, 2017)]
[Notices]
[Page 9271]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-02293]


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SURFACE TRANSPORTATION BOARD

[Docket No. FD 36094]


Itawamba Mississippian Railroad, LLC--Lease and Operation 
Exemption--Itawamba County Railroad Authority

    Itawamba Mississippian Railroad, LLC (IMR), a noncarrier, has filed 
a verified notice of exemption under 49 CFR 1150.31 to lease from the 
Itawamba County Railroad Authority (ICRA), a noncarrier and political 
subdivision of the State of Mississippi, and to operate, a 25-mile rail 
line, known as the Mississippian Railway, between milepost 0.0 in 
Amory, Miss., and milepost 25.0 in Fulton, Miss. (the Line).
    This transaction is related to a concurrently filed verified notice 
of exemption in Itawamba County Railroad Authority--Acquisition 
Exemption--Mississippian Railway, Docket No. FD 36093, in which ICRA 
seeks Board approval under 49 CFR 1150.31 to acquire the Line from the 
Itawamba County Port Commission (ICPC). IMR and ICRA have entered into 
a five-year lease agreement under which IMR will lease and operate the 
Line.
    IMR certifies that the projected annual revenues as a result of 
this transaction will not result in IMR's becoming a Class I or Class 
II rail carrier and will not exceed $5 million. IMR certifies also that 
the lease between IMA and ICRA does not involve any provision or 
agreement that would limit future interchange of traffic with a third-
party connecting carrier.
    The proposed transaction may be consummated on or after February 
18, 2017, the effective date of this 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 by 
February 10, 2017 (at least seven days before the exemption becomes 
effective).
    An original and 10 copies of all pleadings, referring to Docket No. 
FD 36094, 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, Rodney M. Love, 
Mississippi Department of Transportation, 401 North West Street, Suite 
9500, Jackson, MS 39201.
    According to IMR, this action is categorically excluded from 
environmental reporting under 49 CFR 1105.6(c).
    Board decisions and notices are available on our Web site at 
``WWW.STB.GOV.''

    Decided: January 30, 2017.

    By the Board, Rachel D. Campbell, Director, Office of 
Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2017-02293 Filed 2-2-17; 8:45 am]
 BILLING CODE 4915-01-P