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f <br /> LICENSE AGREEMENT <br /> 11 -- � - i <br /> THIS LICENSE AGREEMENT , effective as of the 24th day of June , 20031 <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 /> ' <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 />