A commenter provided a clue that this would happen. At least I think it was a clue.
Anyway, the good news is that a business that is eager to expand its markets through access to rail transportation has filed an Offer of Financial Assistance (OFA) with the Surface Transportation Board to purchase at least portion of BNSF’s soon-to-be abandoned Dunfermline-Farmington line. Details and commentary will be posted later today.
Text of Hitchcock Scrap Yard’s filing:
To the Secretary of the Board:
Pursuant to the Application filed on or about January 4, 2013 by BNSF Railway Company (“BNSF”), seeking authority to abandon a line of railroad in Fulton County, Illinois, Hitchcock Scrap Yard, Inc., a non-carrier, hereby advises the Board and parties of record of its intent to file and Offer of Financial Assistance (“OFA”) under 49 CFR 1152.27. The OFA is to purchase all or part of the rail line extending from Farmington, Illinois (MP52.2) to Dunfermline, Illinois (MP 66.7), a distance of 14.5 miles in Fulton County, Illinois.
In connection with this notice of intent to file an OFA, HSY requests that BNSF provide the information set forth in 49 CFR 1152.27 (a) including the minimum purchase price required to acquire the line. HSY also requests that BNSF provide all data necessary to determine the estimate of net liquidation value of the line together with supporting data reflecting available real estate appraisals, assessments of the quality and the quantity of track material in the line and removal cost estimate to obtain net liquidation value.
HSY also requests that the Board toll period for submitting offers of financial assistance for an additional 30 days in order to provide HSY with an adequate opportunity to review and analyze the mateiral provided by BNSF and submit its OFA. This extension is consistent with the national transportation policy and will not unfairly prejudice the interests of any party.
This filing was prepared jointly by HSY and Keokuk Junction Railway counsels, thus the shipper has made known its preferred operator.
- David P. Jordan