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R-417-61 RESOLUTION NO. 417 WHEREAS, there is now pending before the Interstate Commerce Commission a joint application of Seaboard Air Line Railroad Company and Atlantic Coast Line Railroad Company for authority to merge their properties into one railroad; and WHEREAS, in the event said merger is authorized by the Inter- state Commerce Commission without certain conditions being imposed for the benefit and protection of Florida East Coast Railway Company, the latter will be deprived of a substantial amount of revenue that it now receives from southbound freight and passenger traffic delivered to it by Atlantic Coast Line Railroad Company at Jacksonville, Florida; and WHEREAS, this loss of revenue will result in Florida East Coast Railway Company having to curtail its present service to compen- sate for the loss; and WHEREAS, the Miami Shores Village is now being served by Florida East Coast Railway Company in a competent and efficient manner, and it is necessary that this service not be curtailed or limited if the progress and development of this municipality and the surrounding area are to continue; NOW, THEREFORE, BE IT RESOLVED BY MIAMI SHORES VILLAGE: Section 1. That Miami Shores Village, Florida, by and through its Council, hereby opposes the joint application of Seaboard Air Line Railroad Company and Atlantic Coast Line Railroad Company to merge their properties into one railroad unless as a condition thereto the Inter- state Commerce Commission requires Seaboard Air Line Railroad Company to sell at a price to be fixed by the Interstate Commerce Commission, Seaboard's present track between West Palm Beach and Homestead, Florida, -1- to Florida East Coast Railway Company. Section 2. That the Village Manager and the Village Attorney be and they are hereby authorized and directed to appear before the Interstate Commerce Commission at the public hearing to be held at the DuPont Plaza Hotel in Miami, Florida, commencing May 22, 1961, in the merger proceedings, and state this Villagers position as set forth in Section 1. above. PASSED and ADOPTED this 16th day of May, 1961. Mayor ATTEST: Village Clerk