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Federal Register / Vol. 71, No.

200 / Tuesday, October 17, 2006 / Notices 61139

found that most rates have declined By the Board, Vernon A. Williams, a petition to revoke will not
since 1985. However, one category of Secretary. automatically stay the transaction.
rates examined by GAO—grain rates— Vernon A. Williams, An original and 10 copies of all
diverged from the industry trends. Secretary. pleadings, referring to STB Finance
According to the GAO report, the [FR Doc. E6–17151 Filed 10–16–06; 8:45 am] Docket No. 34927, must be filed with
amount of grain traffic with BILLING CODE 4915–00–P the Surface Transportation Board, 1925
comparatively high markups over K Street, NW., Washington, DC 20423–
variable cost increased notably between 0001. In addition, a copy of each
1985 and 2004. DEPARTMENT OF TRANSPORTATION pleading must be served on Sidney L.
The Board will hold a public hearing, Strickland, Jr., Sidney Strickland and
Surface Transportation Board Associates, PLLC, 3050 K Street, NW.,
as a forum for interested persons to
provide views and information about Suite 101, Washington, DC 20007.
[STB Finance Docket No. 34927] Board decisions and notices are
the market conditions that led to these
observations by GAO and about grain available on our Web site at http://
Coast Belle Rail Corp. d/b/a Santa www.stb.dot.gov.
transportation markets in general. Maria Valley Railroad—Lease and
Because U.S. grain producers compete Operation Exemption—Line of Coast Decided: October 6, 2006.
in a broader North American, and Belle Rail, LLC By the Board, David M. Konschnik,
global, marketplace, the Board also Director, Office of Proceedings.
invites information regarding the Coast Belle Rail Corp. d/b/a Santa Vernon A. Williams,
interplay between the American and Maria Valley Railroad (CBRC), a Secretary.
Canadian wheat markets, how the noncarrier, has filed a verified notice of [FR Doc. E6–17144 Filed 10–13–06; 8:45 am]
Canadian regulatory system differs from exemption under 49 CFR 1150.31 to
BILLING CODE 4915–01–P
the American system, and what impact operate approximately 8.74 miles of rail
those differences might have on grain line owned by Coast Belle Rail, LLC.
production in the United States. The line extends between milepost 3.26 DEPARTMENT OF TRANSPORTATION
Date of Hearing. The hearing will near Guadalupe, CA, and milepost 9.0 at
begin at 10 a.m. on Thursday, November Santa Maria, CA, and includes the Surface Transportation Board
2, 2006, in the 7th floor hearing room Airbase branch between milepost 9A at
Santa Maria and milepost 12A. In the [STB Finance Docket No. 34923]
at the Board’s headquarters in
Washington, DC, and will continue, notice, CBRC also seeks to lease by Coast Belle Rail, LLC—Acquisition
with short breaks if necessary, until assignment and operate 4.26 miles of Exemption—Santa Maria Valley
every person scheduled to speak has rail line between milepost 0.0 and Railroad Company
been heard. milepost 3.26, including the branch
between milepost 3A at Betteravia Coast Belle Rail, LLC (CBRL), a
Notice of Intent To Participate. Any Junction southeast and milepost 4A in noncarrier, has filed a verified notice of
person wishing to speak at the hearing Betteravia, CA, all located in Santa exemption under 49 CFR 1150.31 to
should file with the Board a written Barbara County, CA. The lease of this acquire from the Santa Maria Valley
notice of intent to participate, and line of railroad, owned by the Union Railroad Company (SMVRR)
should identify the party, the proposed Pacific Railroad Company and presently approximately 8.74 miles of rail line
speaker, the time requested, and topic(s) leased to Santa Maria Valley Railroad between milepost 3.26 near Guadalupe,
to be covered, as soon as possible, but Company, is being assigned to CBRC. CA, and milepost 9.0 at Santa Maria,
no later than October 23, 2006. CBRC will operate a total of 13.0 miles CA, including the Airbase branch
Testimony. Each speaker should file of rail line. between milepost 9A at Santa Maria and
with the Board his/her written CBRC certifies that its projected milepost 12A, all located in Santa
testimony by October 30, 2006. Also, annual revenues as a result of the Barbara County, CA.
any interested person who wishes to transaction will not exceed those that CBRL certifies that its projected
submit a written statement without would qualify it as a Class III rail annual revenues as a result of the
appearing at the November 2 hearing carrier. transaction will not exceed those that
should file that statement by October 30, The transaction was scheduled to be would qualify it as a Class III rail
2006. consummated on or soon after carrier.
Board Releases and Live Audio September 26, 2006, the effective date of The transaction was expected to be
Available Via the Internet. Decisions the exemption (7 days after the consummated on or soon after
and notices of the Board, including this exemption was filed). September 26, 2006, the effective date of
notice, are available on the Board’s Web This transaction is related to a this exemption (7 days after the
site at http://www.stb.dot.gov. This concurrently filed verified notice of exemption was filed).
hearing will be available on the Board’s exemption in STB Finance Docket No. This transaction is related to a
Web site by live audio streaming. To 34923, Coast Belle Rail, LLC— concurrently filed verified notice of
access the hearing, click on the ‘‘Live Acquisition Exemption—Santa Maria exemption in STB Finance Docket No.
Audio’’ link under ‘‘Information Center’’ Valley Railroad Company. In that 34927, Coast Belle Rail Corp. d/b/a
at the left side of the home page proceeding, Coast Belle Rail, LLC seeks Santa Maria Valley Railroad—Lease
beginning at 10 a.m. on November 2, to acquire the 8.74 miles of rail line in and Operation Exemption—Line of
2006. Santa Barbara County, CA, that CBRC Coast Belle Rail, LLC. In that
seeks to operate. proceeding, Coast Belle Rail Corp. d/b/
sroberts on PROD1PC70 with NOTICES

This action will not significantly If the verified notice contains false or a Santa Maria Valley Railroad (CBRC)
affect either the quality of the human misleading information, the exemption seeks to (1) operate the 8.74-mile line of
environment or the conservation of is void ab initio. Petitions to revoke the railroad being acquired by CBRL, and
energy resources. exemption under 49 U.S.C. 10502(d) (2) lease and operate an adjoining 4.26
Dated: October 11, 2006. may be filed at any time. The filing of miles of rail line owned by Union

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