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1 <br /> 1 <br /> LICENSE AGREEMENT <br /> 6q <br /> THIS <br /> THIS LICENSE AGREEMENT, effective as of the 24th day of June 2003 <br /> is between the FLORIDA EAST COAST RAILWAY, L. L . C . (Address : P . O . Drawer 1048 , St , <br /> Augustine, Florida 32085 ) , a Limited Liability Company, hereinafter called "RAILWAY" and <br /> INDIAN RIVER COUNTY, a political subdivision of the State of Florida, hereinafter called <br /> ``COUNTY. ' " <br /> WITNESSETH : <br /> That the RAILWAY, in consideration of the covenants and conditions hereinafter set <br /> forth to be performed and kept by the COUNTY, hereby permits the COUNTY to construct, use, <br /> maintain, repair, renew and ultimately remove an at- grade public road crossing across and over <br /> the tracks, right of way and property of RAILWAY, at the RAILWAY ' S Milepost 229 + 3 , 982 ' , <br /> more particularly described in Exhibit A attached hereto and incorporated herein by reference , <br /> hereinafter referred to as the "CROSSING SITE " : <br /> The CROSSING SITE includes any railroad crossing warning signs , crossing surfaces <br /> and automatic crossing warning devices which are, or might be, located within or adjacent to the <br /> above-described location, provided that, the construction of the CROSSING SITE shall be done <br /> by RAILWAY as provided in this License Agreement ("Agreement") and further provided that, <br /> notwithstanding rights to the COUNTY granted herein, RAILWAY reserves the right to perform <br /> all work required on RAILWAY ' S property including construction, drainage , lighting and <br /> vegetation management, in which event COUNTY shall pay the RAILWAY the entire cost and <br /> expense of labor, materials and equipment furnished by RAILWAY in performing such work, <br /> Page 1 <br />