---
kind: "range"
citation: "49 C.F.R. §§ 1150.2–1150.9"
title: "49"
from: "1150.2"
to: "1150.9"
count: 8
url: "https://uscodex.org/cfr/49/1150.2..1150.9"
---

# §1150.2. Overview.

- (a) **A brief narrative description of the proposal.**
- (b) **The full name and address of applicant(s).**

# §1150.3. Information about applicant(s).

- (a) The name, address, and phone number of the representative to receive correspondence concerning this application.
- (b) Facts showing that applicant is either a common carrier by railroad or has been organized to implement the proposal for which approval is being sought.
- (c) A statement indicating whether the rail line will be operated by applicant. If not, the operator which has been selected must join in the application, and provide all information required for an applicant. If the operator has not yet been selected, state who is being considered.
- (d) A statement indicating whether applicant is affiliated by stock ownership or otherwise with any industry to be served by the line. If so, provide details about the nature and extent of the affiliation.
- (e) Date and place of organization, applicable State statutes, and a brief description of the nature and objectives of the organization.
- (f) If a corporation, submit:
  - (1) A list of officers, directors, and 10 principal stockholders of the corporation and their respective holdings. A statement whether any of these officers, directors or major shareholders control other regulated carriers. Also a list of entities, corporation(s) individual(s), or group(s) who control applicant, the extent of control, and whether any of them control other common carriers.
  - (2) **As exhibit A, any resolution of the stockholders or directors authorizing the proposal.**
- (g) If a partnership or individual, submit the name and address of all general partners and their respective interests, and whether any of them control other carriers.
- (h) If applicant is an entity other than as described in paragraphs [(f)](#f) or [(g)](#g) of this section, submit name, title, and business address of principals or trustee, and whether the entity controls any other common carriers.
- (i) If applicant is a trustee, receiver, assignee, or a personal representative of the real party in interest, details about the appointment (including supporting documents, such as the court order authorizing the appointment and the filing) and about the real party in interest.
- (j) If applicant is an existing carrier, it may satisfy the informational requirements of [paragraphs (f) through (i)](#f..i) of this section by making appropriate reference to the docket number of prior applications that have been filed within the previous three years in which the information has been submitted.

# §1150.4. Information about the proposal.

- (a) A description of the proposal and the significant terms and conditions, including consideration to be paid (monetary or otherwise). As exhibit B, copies of all relevant agreements.
- (b) **Details about the amount of traffic and a general description of commodities.**
- (c) The purposes of the proposal and an explanation of why the public convenience and necessity require or permit the proposal.
- (d) As exhibit C, a map which clearly delineates the area to be served including origins, termini and stations, and cities, counties and States. The map should also delineate principal highways, rail routes and any possible interchange points with other railroads. If alternative routes are proposed for construction, the map should clearly indicate each route.
- (e) A list of the counties and cities to be served under the proposal, and whether there is other rail service available to them. The names of the railroads with which the line would connect, and the proposed connecting points; the volume of traffic estimated to be interchanged; and a description of the principal terms of agreements with carriers covering operation, interchange of traffic, division of rates or trackage rights.
- (f) **The time schedule for consummation or completion of the proposal.**
- (g) If a new line is proposed for construction:
  - (1) **The approximate area to be served by the line.**
  - (2) The nature or type of existing and prospective industries (e.g., agriculture, manufacturing, mining, warehousing, forestry) in the area, with general information about the age, size, growth potential and projected rail use of these industries.
  - (3) Whether the construction will cross another rail line and the name of the railroad(s) owning the line(s) to be crossed. If the crossing will be accomplished with the permission of the railroad(s), include supporting agreements. If a Board determination under [49 U.S.C. 10901(d)(1)](/usc/49/10901.md?p=d-1) will be sought, include such requests.

# §1150.5. Operational data.


As exhibit D, an operating plan, including traffic projection studies; a schedule of the operations; information about the crews to be used and where employees will be obtained; the rolling stock requirements and where it will be obtained; information about the operating experience and record of the proposed operator unless it is an operating railroad; any significant change in patterns of service; any associated discontinuance or abandonments; and expected operating economies.


# §1150.6. Financial information.

- (a) The manner in which applicant proposes to finance construction or acquisition, the kind and amount of securities to be issued, the approximate terms of their sale and total fixed charges, the extent to which funds for financing are now available, and whether any of the securities issued would be underwritten by industries to be served by the proposed line. Explain how the fixed charges will be met.
- (b) **As exhibit E a recent balance sheet.** As exhibit F, an income statement for the latest available calendar year prior to filing the application.
- (c) **A present value determination of the full costs of the proposal.** If construction is proposed, the costs for each year of such construction (in a short narrative or by chart).
- (d) **A statement of projected net income for 2 years, based upon traffic projections.** Where construction is contemplated, the statement should represent the 2 years following completion of construction.

# §1150.7. Environmental and energy data.


As exhibit H, information and data prepared under [49 CFR Part 1105](/cfr/49/part1105.md), and the “Revision of the Nat'l. Guidelines Environmental Policy Act of 1969,” 363 I.C.C. 653 (1980), and in accordance with “Implementation of the Energy Policy and Conservation Act of 1975,” [49 CFR Part 1106](/cfr/49/part1106.md).


# §1150.8. Additional support.


Any additional facts or reasons to show that the public convenience and necessity require or permit approval of this application. The Board may require additional information to be filed where appropriate.


# §1150.9. Notice.


A summary of the proposal which will be used to provide notice under [§ 1150.10(f)](/cfr/49/1150.10.md?p=f).