|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|OREGON INTERNATIONAL PORT OF COOS BAY—ACQUISITION EXEMPTION—RAIL LINE OF UNION PACIFIC RAILROAD COMPANY IN COOS COUNTY, OR.|
|Notice Of Exemption|
|Director Of Proceedings|
|PROVIDED NOTICE THAT OREGON INTERNATIONAL PORT OF COOS BAY FILED A NOTICE OF EXEMPTION TO ACQUIRE APPROXIMATELY 22.37 MILES OF RAIL LINE, KNOWN AS THE COQUILLE BRANCH, FROM UNION PACIFIC RAILROAD COMPANY IN COOS COUNTY, OR.|
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|Full Text of Decision|
40900 SERVICE DATE – JULY 9, 2010
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35385]
The Oregon International Port of Coos Bay (Port), a Class III rail carrier, has filed a verified notice of exemption under 49 C.F.R. § 1150.41 to acquire approximately 22.37 miles of rail line, known as the Coquille Branch, from Union Pacific Railroad Company in Coos County, Or. The line extends between milepost 763.13, in Cordes, where it connects to track currently owned by the Port, and milepost 785.5, in Coquille, the end of the line.
The Port certifies that its projected annual revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier and further certifies that its projected annual revenue will not exceed $5 million.
The earliest this transaction may be consummated is July 23, 2010, the effective date of the exemption (30 days after the exemption 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. Petitions for stay must be filed no later than July 16, 2010 (at least 7 days before the exemption becomes effective).
An original and 10
copies of all pleadings, referring to Docket No. 35385, 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: July 2, 2010.
By the Board, Joseph H. Dettmar, Acting Director, Office of Proceedings.
 The Port
states that rail operations are currently suspended because the previous
operator, Central Oregon & Pacific Railroad, Inc. (CORP), issued an embargo
in 2007 and
later obtained discontinuance authority over the line. See Central Oregon & Pacific
Railroad, Inc.—Abandonment and Discontinuance of Service—in Coos, Douglas, and