|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|GEORGIA & FLORIDA RAILNET INC.-ACQUISITION AND OPERATION EXEMPTION-GEORGIA DEPARTMENT OF TRANSPORTATION|
|Director Of Proceedings|
|PROVIDED NOTICE THAT GEORGIA & FLORIDA HAS FILED A NOTICE OF EXEMPTION TO ACQUIRE AND OPERATE AS A RAIL CARRIER OVER PROPERTY ACQUIRED BY THE GEORGIA DOT FROM THE CITY OF WILLACOOCHEE, GA.|
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|Full Text of Decision|
35607 SERVICE DATE – MARCH 10, 2005
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34655]
Georgia & Florida RailNet,
Inc.—Acquisition and Operation Exemption—
& Florida RailNet, Inc. (GFRR), a Class III rail carrier, has filed a
verified notice of exemption under 49 CFR 1150.41 to acquire and to operate as
a rail common carrier over a permanent irrevocable rail easement on property to
be acquired by the Georgia Department of Transportation (GDOT) from the City of
Willacoochee, GA. The subject track
indicates that the parties contemplate consummating the instant transaction on
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 transaction.
original and 10 copes of all pleadings, referring to STB Finance Docket No.
34655, must be filed with the Surface Transportation Board,
Board decisions and notices are available on our website at
By the Board, David M. Konschnik, Director, Office of Proceedings.
 GFRR also stated that its projected annual revenues following the transaction will exceed $5 million, but it requested waiver of the 60-day advance labor notice requirements at 49 CFR 1140.42(e). That request is being addressed by the Board in a separate decision. The Board’s decision on the request will affect the effective date of the exemption and hence the date on which the transaction could be consummated.