|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|SAN PEDRO RAILROAD OPERATING COMPANY, LLC--ACQUISITION AND OPERATION EXEMPTION--SWKR OPERATING CO. INC.|
|Director Of Proceedings|
|NOTICE THAT SAN PEDRO RAILROAD COMPANY, LLC FILED A VERIFIED NOTICE OF EXEMPTION UNDER 49 CFR 1150.31 TO ACQUIRE ALL OF SWKR OPERATING CO., INC.'S INTEREST IN AND TO OPERATE: (A) THOSE RAIL LINES EXTENDING FROM APPROXIMATELY MILEPOST N 1033.008 (AT OR NEAR BENSON, AZ) TO APPROXIMATELY MILEPOST NA 1055.8 (AT OR NEAR CHARLESTON, AZ); (B) THE ASSETS AND RAIL BANKED COMMON CARRIER RIGHTS IN THAT SEGMENT OF THE DOUGLAS BRANCH EXTENDING FROM APPROXIMATELY MILEPOST NA 1055.8 TO APPROXIMATELY MILEPOST NA 1106.5 (AT OR NEAR DOUGLAS, AZ), AND IN THE BISBEE BRANCH, EXTENDING FROM APPROXIMATELY MILEPOST NB 1085.0 (AT OR NEAR BISBEE JUNCTION, AZ) TO APPROXIMATELY MILEPOST NB 1090.4 (AT OR NEAR BISBEE, AZ); AND (C) CERTAIN OTHER MISCELLANEOUS ASSETS. THE SUBJECT LINE AND ALL RELATED PROPERTIES ARE LOCATED WHOLLLY WITHIN COCHISE COUNTY, AZ.|
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|Full Text of Decision|
34154 SERVICE DATE - NOVEMBER 21, 2003
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34430]
San Pedro Railroad Operating Company, LLC–Acquisition and Operation Exemption–SWKR Operating Co. Inc.
San Pedro Railroad Operating Company, LLC (SPROC), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to acquire all of SWKR Operating Co., Inc.’s (SWKR) interest in and to operate: (a) those rail lines extending from approximately milepost N 1033.008 (at or near Benson, AZ) to approximately milepost NA 1055.8 (at or near Charleston, AZ); (b) the assets and rail banked common carrier rights in that segment of the Douglas Branch extending from approximately milepost NA 1055.8 to approximately milepost NA 1106.5 (at or near Douglas, AZ), and in the Bisbee Branch, extending from approximately milepost NB 1085.0 (at or near Bisbee Junction, AZ) to approximately milepost NB 1090.4 (at or near Bisbee, AZ); and (c) certain other miscellaneous assets. The subject line and all related properties are located wholly within Cochise County, AZ.
SPROC certifies that its projected annual revenues will not exceed those that would qualify it as a Class III rail carrier and that its annual revenues are not projected to exceed $5 million.
The transaction was scheduled to be consummated on or after October 31, 2003, the effective date of the exemption (7 days after the notice was filed).
If the 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.
An original and 10 copies of all pleadings, referring to STB Finance Docket No. 34430, must be filed with the Surface Transportation Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, one copy of each pleading must be served on Troy W. Garris, Weiner Brodsky Sidman Kider PC, 1300 19th Street, N.W., Fifth Floor, Washington, DC 20036-1609.
Board decisions and notices are available on our website at “WWW.STB.DOT.GOV.”
Decided: November 14, 2003.
By the Board, David M. Konschnik, Director, Office of Proceedings.
Vernon A. Williams