Kansas City West Bottoms Railroad and Union Pacific Railroad have agreed that KCWB will lease and operate a line in Kansas City, Missouri, and Kansas City, Kansas.
The railroad line consists of a track running adjacent to and parallel with UP’s KC Metro Big Mary Subdivision between milepost 0.63 and milepost 1.60. KCWB will also lease and operate the adjacent State Line Yard Tracks.
According to a notice in the Federal Register, KCWB certifies that its projected annual revenues from the deal will not result in it becoming a Class I or Class II rail carrier and are not expected to exceed $5 million. KCWB also certifies that the agreement contains provisions that would limit future interchange with third-party connecting carriers.
The transaction may be consummated on or after March 5, the effective date of the exemption.
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