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This document is a notice of exemption filed by the Union Pacific Railroad Company regarding the abandonment of a 1.62-mile railroad line in Monterey County, California, detailing compliance with
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How to fill out Union Pacific Railroad Company Abandonment Exemption

01
Visit the Union Pacific Railroad Company's official website.
02
Navigate to the section related to abandonment exemptions.
03
Download the Abandonment Exemption application form.
04
Fill out the form with accurate information about the property and the reasons for the exemption.
05
Gather necessary supporting documents required for the application.
06
Review the completed application for accuracy and completeness.
07
Submit the application and supporting documents via the specified submission method.
08
Pay any applicable fees associated with the application process.
09
Wait for the company to review your application and provide feedback.

Who needs Union Pacific Railroad Company Abandonment Exemption?

01
Entities or individuals seeking to discontinue the operation of a specific rail line owned by Union Pacific Railroad Company.
02
Local governments involved in land use planning and development.
03
Developers looking to repurpose rail corridor properties.
04
Business owners affected by the discontinuation of rail services.
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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 legal process that allows the railroad to discontinue service on a specific line of track without going through the formal abandonment process, provided it meets certain criteria set by regulatory authorities.
Typically, the railroad company itself, in this case Union Pacific Railroad, is required to file for the abandonment exemption.
To fill out the abandonment exemption form, the railroad must provide necessary details about the specific line, describe the reasons for the abandonment, and include any required documentation to demonstrate compliance with regulatory standards.
The purpose of the abandonment exemption is to streamline the process of discontinuing rail service on lines that are no longer economically viable or in use, while minimizing the regulatory burden on the railroad company.
Information that must be reported includes the identification of the rail line, justification for the abandonment, impact on local communities, and any potential alternatives to abandonment.
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