Notice2023-14294
Pennsylvania & Southern Railway, LLC-Acquisition and Operation Exemption-Letterkenny Industrial Development Authority
Primary source
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Published
July 6, 2023
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 88 Issue 128 (Thursday, July 6, 2023)</title>
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<body><pre>[Federal Register Volume 88, Number 128 (Thursday, July 6, 2023)]
[Notices]
[Page 43167]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-14294]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36647]
Pennsylvania & Southern Railway, LLC--Acquisition and Operation
Exemption--Letterkenny Industrial Development Authority
Pennsylvania & Southern Railway, LLC (PSCC), a Class III rail
carrier, has filed a verified notice of exemption under 49 CFR 1150.41
to acquire from Letterkenny Industrial Development Authority (LIDA) and
to operate approximately 25 miles of rail line and associated right-of-
way serving the Cumberland Valley Business Park and the Letterkenny
Army Depot near Chambersburg, Franklin County, Pa., (the Lines). PSCC
states that there are no mileposts on the Lines.
According to the verified notice, PSCC has operated over the Lines
pursuant to an agreement between PSCC and the Franklin County General
Authority (FCGA) since 2004, and now PSCC seeks authority to acquire
ownership of the Lines from LIDA.\1\ PSCC states that the purchase
would provide it with incentive to invest in the tracks and further
development of the rail business. (Notice 4.)
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\1\ According to the verified notice, LIDA owns the property
and/or the easements on which the Lines are located. (Notice 4 n.2).
LIDA previously assigned the easements to FCGA, which entered into
operating agreements with PSCC. See Pa. & S. Ry.--Operation
Exemption--Franklin Cnty. Gen. Auth., FD 34461 (STB served Feb. 12,
2004); See Pa. & S. Ry.--Operation Exemption--Franklin Cnty. Gen.
Auth., FD 35893 (STB served Jan. 8, 2015). FCGA, in turn,
subsequently reassigned the easements back to LIDA. (Id.)
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The verified notice states that the parties entered into an
Agreement of Sale for PSCC to own and operate the Lines and that the
transaction closed at the end of September 2022. PSCC states that,
because it was already the operator of the Lines, it inadvertently did
not file for the acquisition of the Lines at that time. PSCC states
that it will commence operation of the Lines as the owner pursuant to
the agreement as of the effective date of this notice of exemption.
PSCC certifies that the proposed acquisition of the Lines does not
involve any interchange commitments. PSCC further certifies that its
projected revenues as a result of this transaction will not exceed
those that would qualify it as a Class III carrier and will not exceed
$5 million.
The transaction may be consummated on or after July 20, 2023, 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 July 13,
2023.
All pleadings referring to Docket No. FD 36647, should be filed
with the Surface Transportation Board either via e-filing on the
Board's website or in writing addressed to 395 E Street SW, Washington,
DC 20423-0001. In addition, one copy of each pleading must be served on
PSCC's representative, Eric M. Hocky, Clark Hill PLC, Two Commerce
Square, 2001 Market Street, Suite 2620, Philadelphia, PA 19103.
According to PSCC, this action is categorically excluded from
environmental review under 49 CFR 1105.6(c) and from historic reporting
requirements under 49 CFR 1105.8(b).
Board decisions and notices are available at <a href="http://www.stb.gov">www.stb.gov</a>.
Decided: June 30, 2023.
By the Board, Mai T. Dinh, Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2023-14294 Filed 7-5-23; 8:45 am]
BILLING CODE 4915-01-P
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</html>Indexed from Federal Register on July 6, 2023.
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