Decision 30783
Served (printed as 3/3/2000) · Decision · Entire Board
DENIED (1) RVI'S PETITION TO VACATE THE SEPTEMBER 10, 1999 DECISION IN THIS PROCEEDING, WHICH POSTPONED THE EFFECTIVE DATE OF THE ABANDONMENT EXEMPTION, (2) THE PETITION OF DARLING BRICK AND CLAY PRODUCTS COMPANY AND THE INSUL COMPANY, INC., TO REOPEN STB FINANCE DOCKET NO. 33385, (3) FOUND THAT IF COLUMBIANA COUNTY PORT AUTHORITY (CCPA) TENDERS CASH OR CERTIFIED CHECK TO RVI ON OR BEFORE APRIL 6, 2000, IN THE AMOUNT OF $1, 080, 560, RVI SHALL CONVEY, BY QUITCLAIM DEED TO CCPA, ALL OF ITS PROPERTY INTERESTS, AS DISCUSSED IN THIS DECISION, IN ITS 35.7-MILE LINE OF RAILROAD EXTENDING FROM MILEPOST 0.0 AT YOUNGSTOWN, OH, TO MILEPOST 35.7 AT DARLINGTON, PA, AND A CONNECTING 1-MILE LINE SEGMENT NEAR NEGLEY, OH, (4) DIRECTED THAT RVI SHALL DELIVER ALL RELEASES FROM ANY MORTGAGES TO CCPA WITHIN 90 DAYS OF CLOSING.
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