|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|WICHITA, TILLMAN & JACKSON RAILWAY COMPANY--LEASE RENEWAL EXEMPTION--OKLAHOMA DEPARTMENT OF TRANSPORTATION|
|Notice Of Exemption|
|Director Of Proceedings|
|PROVIDED NOTICE THAT WICHITA, TILLMAN & JACKSON RAILWAY COMPANY FILED AN NOTICE OF EXEMPTION TO RENEW AND SUPPLEMENT ITS LEASE OF 61.02 MILES OF RAIL LINE OWNED BY THE OKLAHOMA DEPARTMENT OF TRANSPORTATION.|
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|Full Text of Decision|
41306 SERVICE DATE – DECEMBER 23, 2010
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35451]
Tillman & Jackson Railway Company (WTJR), a Class III rail carrier, has
filed a verified notice of exemption under 49 C.F.R. § 1150.41 to renew and
supplement its lease of approximately 61.02 miles of rail line owned by the
Oklahoma Department of Transportation (ODOT), referred to as the Western
Branch. The Western Branch extends
between milepost 17.54 at the
transaction is related to a concurrently filed notice of exemption in Wichita,
Tillman & Jackson Railway Company–Lease Renewal Exemption–Union Pacific
Railroad Company, FD 35452, in which WTJR seeks to renew its lease of approximately
40.48 miles of rail line consisting of two unconnected segments in
WTJR states that it and ODOT will shortly execute a lease renewal agreement renewing the 1991 Track Lease and Operating Agreement. The term of the lease renewal is 20 years, and the lease renewal will also include other changes beyond the extension of the lease term.
WTJR certifies that its projected annual revenues as a result of the transaction will not result in WTJR becoming a Class II or Class I rail carrier and further certifies that its projected annual revenues will not exceed $5 million.
The transaction is scheduled to be consummated on or after January 12, 2011.
If the verified notice contains false or misleading information, the exemption is void ab initio. Petitions to reopen the proceeding 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 copies of all pleadings, referring to Docket No. FD
35451, must be filed with the Surface Transportation
Board, 395 E Street, S.W.,
Board decisions and notices are available on our website at “WWW.STB.DOT.GOV.”
Decided: December 17, 2010.
By the Board, Rachel D. Campbell, Director, Office of Proceedings.