|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|PROGRESSIVE RAIL, INCORPORATED--LEASE AND OPERATION EXEMPTION--RAIL LINES OF WISCONSIN CENTRAL, LTD.|
|Director Of Proceedings|
|PROVIDED NOTICE THAT PROGRESSIVE RAIL, INCORPORATED FILED A VERIFIED NOTICE OF EXEMPTION UNDER 49 CFR 1150.41 TO LEASE FROM WISCONSIN CENTRAL, LTD. AND OPERATE 23.07 MILES OF RAIL LINE IN BARRON COUNTY, WI.|
| 5 KB|
|Approximate download time at 28.8 kb: 10 Seconds|
If you do not have Acrobat Reader, or if you have problems reading our files with your current version of Acrobat Reader, the latest version of Acrobat Reader is available free at www.adobe.com.
|Full Text of Decision|
35216 SERVICE DATE – NOVEMBER 12, 2004
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34600]
Progressive Rail, Incorporated–Lease and Operation Exemption–Rail Lines of Wisconsin Central, Ltd.
Progressive Rail, Incorporated (PGR), a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to lease from Wisconsin Central, Ltd. and operate 23.97 miles of rail line consisting of (1) the Almena-Cameron Branch that extends between milepost 80.88 at or near Almena and milepost 97.80 at or near Cameron, a distance of 16.92 miles in Barron County, WI, and (2) the Rice Lake-Cameron Branch that extends between milepost 49.0 at or near Cameron and milepost 56.05 at or near Rice Lake, a distance of 7.05 miles in Barron County.
PGR certifies that its projected revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier. The transaction was scheduled to be consummated no sooner than October 27, 2004, the effective date of the exemption (7 days after the exemption 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 transaction.
An original and 10 copies of all pleadings, referring to STB Finance Docket No. 34600, must be filed with the Surface Transportation Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, a copy of each pleading must be served on: Thomas F. McFarland, P.C., 208 South LaSalle St., Suite 1890, Chicago, IL 60604-1112.
Board decisions and notices are available on our website at “WWW.STB.DOT.GOV.”
Decided: November 3, 2004.
By the Board, David M. Konschnik, Director, Office of Proceedings.
Vernon A. Williams