Notice2024-15280
Connersville Northern Railroad LLC-Acquisition and Change of Operator Exemption-RMW Ventures, LLC
Primary source
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Published
July 12, 2024
Issuing agencies
Surface Transportation Board
Full Text
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<title>Federal Register, Volume 89 Issue 134 (Friday, July 12, 2024)</title>
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[Federal Register Volume 89, Number 134 (Friday, July 12, 2024)]
[Notices]
[Page 57176]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15280]
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SURFACE TRANSPORTATION BOARD
[Docket No. FD 36793]
Connersville Northern Railroad LLC--Acquisition and Change of
Operator Exemption--RMW Ventures, LLC
Connersville Northern Railroad LLC (CNNR), a non-carrier, has filed
a verified notice of exemption under 49 CFR part 1150, subpart D, to
acquire and operate approximately 5.2 miles of rail line owned by RMW
Ventures, LLC (RMW), extending from milepost 0.0 at Connersville, Ind.,
to milepost 5.2 at Beesons, Ind. (the Line). The verified notice states
that the Line is currently operated by Big Four Terminal Railroad, LLC
(BFT), a corporate affiliate of RMW.\1\
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\1\ CNNR states that RMW and BFT are affiliated entities under
common control of Spencer N. Wendelin. See RMW Ventures, LLC--Corp.
Family Transaction--Big Four Terminal R.R., FD 35798 (STB served
Mar. 21, 2014).
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According to the verified notice, CNNR and RMW recently have
entered into an asset purchase and sales agreement pursuant to which
CNNR: (1) will acquire the Line; and (2) upon consummation of the
transaction, replace BFT as the exclusive common carrier service
provider on the Line.
CNNR certifies that the transaction would not contractually limit
CNNR from interchanging traffic with any connecting carrier. CNNR also
certifies that its projected annual revenues as a result of this
transaction will not result in its becoming a Class II or Class I rail
carrier and will not exceed $5 million.
Under 49 CFR 1150.32(b), a change in operator requires that notice
be given to shippers. According to the verified notice, the Line is
currently inactive and has for over two years lacked any active
customers, and therefore, there are no shippers to be notified of the
proposed transaction.
Unless stayed, the exemption will be effective on July 26, 2024 (30
days after the verified notice was filed). CNNR states that it intends
to consummate the proposed transaction following that date.
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 19, 2024
(at least seven days before the exemption becomes effective).
All pleadings, referring to Docket No. FD 36793, must be filed with
the Surface Transportation Board 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 CNNR's
representative, Robert A. Wimbish, Fletcher & Sippel LLC, 29 North
Wacker Drive, Suite 800, Chicago, IL 60606-3208.
According to CNNR, this action is categorically excluded from
environmental review under 49 CFR 1105.6(c) and from historic
preservation 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: July 8, 2024.
By the Board, Scott M. Zimmerman, Acting Director, Office of
Proceedings.
Kenyatta Clay,
Clearance Clerk.
[FR Doc. 2024-15280 Filed 7-11-24; 8:45 am]
BILLING CODE 4915-01-P
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</html>Indexed from Federal Register on July 12, 2024.
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