Federal Register / Vol. 67, No. 129 / Friday, July 5, 2002 / Notices 44929

the Township of Cranford; (3) the The rail lines qualify for a modified SUPPLEMENTARY INFORMATION: Notice is former Rahway Valley Railroad certificate of public convenience and hereby given that the Certificate of Company (Rahway Valley) main line necessity. See Common Carrier Status of Authority issued by the Treasury to the from milepost 0 at the junction with the States, State Agencies and above named Company, under the NJ Transit (Raritan Valley Line) in Instrumentalities and Political United States Code, Title 31, Sections Cranford to milepost 3.9 immediately Subdivisions, Finance Docket No. 9304–9308, to qualify as an acceptable southeast of the Rahway River Bridge in 28990F (ICC served July 16, 1981). surety on Federal bonds is terminated Union, inclusive of the branch line from M&E indicates that, even though effective today. the junction at milepost 3.1 and rehabilitation subsidies are being The Company was last listed as an extending northeast approximately 1.1 provided, the lines will operate without acceptable surety on Federal bonds at 66 miles, and the branch line from the any operating subsidies. M&E also FR 35055, July 2, 2001. junction at milepost 1.1 and extending indicates that there are no preconditions With respect to any bonds, including southeast approximately .50 miles; and for shippers to meet in order to receive continuous bonds, currently in force (4) the former Rahway Valley main line rail service, and that it has obtained with above listed Company, bond- from milepost 3.9 immediately liability insurance coverage. approving officers should secure new southeast of the Rahway River Bridge in This notice will be served on the bonds with acceptable sureties in those Union to milepost 7.1 at the junction of Association of American Railroads (Car instances where a significant amount of the Rahway Valley Line and the NJ Service Division) as agent for all liability remains outstanding. In Transit (Morris and Essex Line) in railroads subscribing to the car-service addition, in no event, should bonds that Summit, NJ.1 These lines are currently and car-hire agreement: Association of are continuous in nature be renewed. in the custody of the County of Union, American Railroads, 50 F Street NW., The Circular may be viewed and NJ (the County). Washington, DC 20001; and on the downloaded through the Internet at On May 9, 2002, the County and M&E American Short Line and Regional http://www.fms.treas.gov/c570/ entered into a 10-year operating Railroad Association: American Short index.html. A hard copy may be agreement commencing on May 15, Line and Regional Railroad Association, purchased from the Government 2002.2 Under the agreement, which 1120 G Street NW., Suite 520, Printing Office (GPO), Subscription contemplates rehabilitation of the lines, Washington, DC 20005. Service, Washington, DC, telephone M&E will complete all rehabilitation of Board decisions and notices are (202) 512–1800. When ordering the the lines specified in Phases I and II, available on our Web site at Circular from GPO, use the following except for the limitation specified in www.stb.dot.gov.’’ stock number: 769–004–04067–1. Phase II, and be ready to initiate rail Decided: June 27, 2002. Questions concerning this notice may services over these segments within 6 be directed to the U.S. Department of By the Board, David M. Konschnik, months. M&E will not proceed with the Director, Office of Proceedings. the Treasury, Financial Management rehabilitation of Phase III lines and the Service, Financial Accounting and Vernon A. Williams, commencement of rail services until it Services Division, Surety Bond Branch, Secretary. receives the written concurrence of the 3700 East-West Highway, Room 6F07, County. Upon receiving such [FR Doc. 02–16844 Filed 7–3–02; 8:45 am] Hyattsville, MD 20782. BILLING CODE 4915–00–P concurrence, M&E agrees to proceed Dated: June, 24 2002. with the rehabilitation of Phase III lines Judith R. Tillman, and initiate service over this portion within 9 months. Phase IV lines will be DEPARTMENT OF THE TREASURY Assistant Commissioner, Financial Operations, Financial Management Service. rehabilitated only upon the mutual consent of the County and M&E. Fiscal Service [FR Doc. 02–16791 Filed 7–3–02; 8:45 am] M&E states that it will interline freight BILLING CODE 4810–35–M Surety Companies Acceptable on with Consolidated Rail Corporation Federal Bonds: Termination—Sorema (Conrail), Norfolk Southern Railway North America Reinsurance Company DEPARTMENT OF THE TREASURY Company (NS) and CSX Transportation, Inc. (CSXT), at Cranford, Bayway AGENCY: Financial Management Service, Fiscal Service (Linden), and Bound Brook, NJ. In Fiscal Service, Department of the addition, M&E states that it will be able Treasury. Surety Companies Acceptable on to operate through service by using its ACTION: Notice. Federal Bonds: Termination— rights to operate over NJ Transit at Universal Bonding Insurance Company Cranford Junction, NJ.3 SUMMARY: This is Supplement No. 27 to the Treasury Department Circular 570; AGENCY: Financial Management Service, 1 Abandonment of the lines was previously 2001 Revision, Published July 2, 2001 at Fiscal Service, Department of the authorized in Staten Island Railway Corporation- 66 FR 35024. Treasury. Abandonment, Docket No. AB–263 (Sub-No. 3) (ICC FOR FURTHER INFORMATION CONTACT ACTION: Notice. served Dec. 5, 1991), and Rahway Valley Railroad : Surety Bond Branch at (202) 874–6915. Company-Abandonment-Between Aldene and SUMMARY: This is Supplement No. 28 to Summit in Union County, NJ, Docket No. AB–211 the Treasury Department Circular 570; (ICC served Aug. 27, 1992). According to M&E, line subject lines. Moreover, it states that there is no segments of the Staten Island Railway and the connection between the former Rahway Valley and 2001 Revision, published July 2, 2001 at entire line of Rahway Valley were subsequently Staten Island Railway lines. Conrail contends that 66 FR 35024. conveyed to the State of New Jersey. the connection M&E seeks to create is over the FOR FURTHER INFORMATION CONTACT: 2 Pursuant to the agreement, M&E will have the Raritan Valley line now owned by NJ Transit and option to extend the 10-year period for two over which exclusive freight rights were granted to Surety Bond Branch at (202) 874–7116. additional 5-year periods. Conrail by agreement effective on October 1, 1984. SUPPLEMENTARY INFORMATION: Notice is 3 On June 13, 2002, Conrail filed comments in Conrail reserves the right to make comments at a hereby given that the Certificate of this proceeding. Conrail states that no interchange later date once M&E is ready to activate rail service and/or operating arrangements have been made and in the event that reasonable interchange and/ Authority issued by the Treasury to the between Conrail, M&E, CSXT, and NS in or operating arrangements cannot be reached above named Company, under the conjunction with M&E’s proposal to operate the between Conrail and M&E. United States Code, Title 31, Sections

VerDate May<23>2002 14:37 Jul 03, 2002 Jkt 197001 PO 00000 Frm 00135 Fmt 4703 Sfmt 4703 E:\FR\FM\05JYN1.SGM pfrm12 PsN: 05JYN1 44930 Federal Register / Vol. 67, No. 129 / Friday, July 5, 2002 / Notices

9304–9308, to qualify as an acceptable addition, in no event, should bonds that Questions concerning this notice may surety on Federal bonds is terminated are continuous in nature be renewed. be directed to the U.S. Department of effective today. The Circular may be viewed and the Treasury, Financial Management The Company was last listed as an downloaded through the Internet at Service, Financial Accounting and acceptable surety on Federal bonds at 66 http://www.fms.treas.gov/c570/ Service Division, Surety Bond Branch, 3700 East-West Highway, Room 6F07, FR 35059, July 2, 2001. index.html. A hard copy may be Hyattsville, MD 20782. With respect to any bonds, including purchased from the Government continuous bonds, currently in force Printing Office (GPO), Subscription Dated: June 24, 2002. with above listed Company, bond- Service, Washington, DC, telephone Judith R. Tillman, approving officers should secure new (202) 512–1800. When ordering the Assistant Commissioner, Financial bonds with acceptable sureties in those Circular from GPO, use the following Operations, Financial Management Service. instances where a significant amount of stock number: 769–004–04067–1. [FR Doc. 02–16790 Filed 7–3–02; 8:45 am] liability remains outstanding. In BILLING CODE 4810–35–M

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