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Res 1328-61 RESOLUTION NO. 1328. BE IT RESOLVED by the City Council of the City of Delray Beach, Florida: WHEREAS, there is now pending before the Interstate Commerce Commission a joint application of Seaboard Air Line Railroad Com- ipany and Atlantic Coast Line Railroad Co.mpany for authority to Imerge their properties into one railroad, and WHEREAS, in the event said merger is authorized by the Inter- I state Commerce Commission without certain conditions being impose~ I~for the benefit and protection of Florida East Coast Railway Com- pany, the latter will be deprived of a substantial amount of rev- enue 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 compensate for the loss; and WHEREAS, the City of Delray Beach, Florida, 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 mu- nicipality and the surrounding area are to continue; NOW, TM~REFORE, BE IT RESOLVED BY the City Council of the City of Delray Beach, Florida: 1. That the City of Delray Beach, Florida, by and through its City Council, hereby opposes the joint application of Sea- board Air Line Railroad Company and Atlantic Coast Line Railroad Company to merge their properties into one railroad unless as a condition thereto the Interstate 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, to Florida East Coast Railway Company. 2. That Commissioner A1 C. Avery and Commissioner Glenn B. Sundy 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, commenc- ing May 22, 1961, in the merger proceedings ~ and state this mu- nicipality's position as set forth in paragraph i above. 3. That this resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED on this 8th day of May, 1961. ,""~,~1 A Y 0 R - City ~-~s~~.~ __