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2008-01M RESOLUTION NO. 2008- 1 A RESOLUTION SUPPORTING THE PURCHASE OF CONTROL OF THE EJ &E WEST COMPANY BY THE CANADIAN NATIONAL RAILWAY COMPANY WHEREAS, the President and Board of Trustees of the Village of Buffalo Grove desire to express the Village of Buffalo Grove's strong support for the proposed acquisition by the Canadian National Railway Company ("CV) of control of the EJ &E West Company, and; WHEREAS, the proposed acquisition would allow freight train traffic to be diverted away from the core of the metropolitan area and onto underutilized rail capacity around the perimeter of the Chicago area, thereby improving the surface transportation system for the region as a whole; and WHEREAS, the proposed acquisition would allow for better utilization of the CN Wisconsin Central rail line, upon which Metra operates its North Central Service commuter line, thus creating an opportunity for improved and expanded Metra service to address unmet weekday service demand and commencement of weekend service, thereby improving the quality of life in the region, enhancing the utility and viability of the North Central Service and adding value to the past investments made in capital improvements to the line; and WHEREAS, the proposed acquisition presents a rare and valuable opportunity to create a more efficient surface transportation system, not only for the benefit of the Village of Buffalo Grove, but for the entire region. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that: Section 1. The Village of Buffalo Grove requests that the Surface Transportation Board approve as soon as possible the proposed acquisition of control of the EJ &E West Company by the Canadian National Railway Company, currently filed as STB Finance Docket No. 35087. Section 2. The Village Clerk is hereby directed to file a certified copy of this Resolution with the Secretary of the Surface Transportation Board, to be entered as part of the public comments applicable to STB Finance Docket No. 35087. AYES: 6 — Braiman, Glover, Berman, Kahn,Trilliniz, Rubin NAYES: 0 — None ABSENT: 0 — None PASSED: January 7 .2008. APPROVED: Janaury 7 .2008. APPROVED: X/ �10 Vi age President ATTEST: Villag erk