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32-98 Proposed Conrail Acquisition
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32-98 Proposed Conrail Acquisition
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Last modified
5/14/2013 2:59:42 PM
Creation date
7/21/2003 9:18:46 AM
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Office Of Council
Document Type
Ordinances
Date
7/21/2003
Date Adopted
6/15/1998
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agreements and/or revise its Operating Plan to avoid what the BRL have described as <br />significant adverse environmental impacts of the Transaction upon BRL and their <br />residents, or alternatively, that the STB condition any approval of the Conrail Application <br />on the imposition of various conditions designed to mitigate such impacts; and <br /> <br /> WHEREAS, the STB's Section of Environmental Analysis ("SEA") issued a <br />Draft Environmental Impact Statement ("DEIS") with respect to the Conrail Application <br />in December 1997 which, among other things, characterized the western suburbs of <br />Cleveland, Ohio, which area includes BRL, as a community with "unique <br />circumstances," and directed NS to consult with government agencies, elected officials <br />and interested parties in BRL regarding certain projected train traffic increases on the <br />Nickel Plate line through BRL post-Transaction; and <br /> <br /> WHE~S, NS and BRL have eng~ed in such consultations with the goal of <br />reaching a~eement on mitigation measures to ameliorate the environmental Impacts in <br />BRL of the projected changes in rail traffic and operations on rail lines and facilities to be <br />operated by NS post-Transaction resulting from the Transaction; and <br /> <br /> WHE~S, NS and BiLL have reached agreement on such mitigation measures <br />and have made certain commitments to each other as described hereinafter, including but <br />not limited to cemm commitments by NS to make certain changes to its Operating Plan. <br />certain capital investments and certain financial contributions for mitigation of <br />Transaction impacts and for the benefit of BRL; now therefore <br /> <br /> IT IS HEREBY STIPULATED AND AGREED AS FOLLOWS: <br /> <br /> <br />
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