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Notice regarding the exemption application for the abandonment and discontinuance of a 26-mile stretch of railroad by Union Pacific Railroad Company in Arkansas County, AR, including details on regulatory
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How to fill out Union Pacific Railroad Company Abandonment Exemption

01
Obtain the appropriate application form for the Union Pacific Railroad Company Abandonment Exemption.
02
Fill out your contact information, including name, address, phone number, and email.
03
Provide details about the specific rail line or track intended for abandonment.
04
Describe the reason for the abandonment and any relevant historical context.
05
Include any necessary supporting documentation, such as maps or previous correspondence regarding the rail line.
06
Submit the completed application form and supporting documents to the appropriate Union Pacific Railroad officials.
07
Pay any required processing fees, if applicable, during submission.

Who needs Union Pacific Railroad Company Abandonment Exemption?

01
Entities or individuals who wish to abandon a rail line operated by Union Pacific Railroad Company.
02
Local governments or municipalities planning to repurpose or redevelop rail corridor land.
03
Property owners adjacent to a rail line seeking to eliminate railway access.
04
Development companies looking to convert railway easements into other forms of land use.
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People Also Ask about

The Crédit Mobilier scandal (French pronunciation: [kʁedi mɔbilje]) was a two-part fraud conducted from 1864 to 1867 by the Union Pacific Railroad and the Crédit Mobilier of America construction company in the building of the eastern portion of the first transcontinental railroad from the Missouri River to Utah
Starting with the construction of the first transcontinental railroad, surviving the country's multiple economic crises, supporting America's military men and women through conflicts and forging forward to overcome hurricanes, floods and droughts, Union Pacific remains a trusted mainstay on America's landscape.
Crédit Mobilier Scandal, in U.S. history, illegal manipulation of contracts by a construction and finance company associated with the building of the Union Pacific Railroad (1865–69); the incident established Crédit Mobilier of America as a symbol of post-Civil War corruption.
On July 1, 1862, President Abraham Lincoln authorized the construction of a railroad and telegraph line from Nebraska to California. Known as the Pacific Railway Act of 1862, the act also provided land from the public domain and government bonds to help pay for its construction.
Ames became embroiled in the Crédit Mobilier scandal, which revolved around inflated profits from construction contracts for the Union Pacific Railroad. His involvement included selling shares of Crédit Mobilier stock to politicians, which led to allegations of bribery and corruption.
The Credit Mobilier scandal, involving the Union Pacific Railroad, made headlines during the 1870s due to its flagrant abuse of public finances. The deal involved a sham company (Credit Mobilier) making payments to officials and financial backers alike in exchange for government contracts.
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP).

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The Union Pacific Railroad Company Abandonment Exemption is a regulatory provision that allows the company to abandon certain rail lines without undergoing the full federal review process, provided they meet specific criteria set by the Surface Transportation Board.
The Union Pacific Railroad Company is required to file the Abandonment Exemption when it intends to discontinue service on a rail line and seeks to avoid the formal abandonment application process.
To fill out the exemption, the Union Pacific Railroad must submit a notice to the Surface Transportation Board that includes details about the rail lines involved, reasons for abandonment, and any relevant documentation supporting the request.
The purpose of the Abandonment Exemption is to streamline the process for railroads to discontinue service on less profitable or underutilized lines, thus reducing regulatory burdens and expediting the abandonment of rail infrastructure.
The information that must be reported includes the specific rail line(s) to be abandoned, the reasons for abandonment, any potential impacts on local communities, and confirmation that appropriate notifications have been made to stakeholders.
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