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WITNESSETH: <br />WHEREAS, THE DEPARTMENT is constructing, reconstructing or otherwise changing a <br />portion of the State highway System, designated by the: DEPARTMENT as Job No. 2010-6979 , <br />between SR 605 atid SR 5 which crosses at grade the riglit of way and track(s) <br />of the COMPANY at FDOT/AAR Crossing Number 272199S , located near 112ro BeaCh <br />Florida as shown on DEPARTMENT'S Plan Sheet No. 1 attached hereto as a part hereof, <br />NOW, THEREFORE, in consideration of the mutual undertakings as herein set forth, the parties <br />hereto agree as follows: ` <br />I. The. COMPANY shall furnish the necessary materials and install automatic grade crossing <br />Signals and/or other traffic control devices at said location on an actual cost basis, and in accordance <br />with the DEPARTMENT'S Plans and Standard Index Number 17882 attached hereto and by reference <br />made a part hereof. <br />2. After installation of said signals is completed, fifty (50) percent of the expense thereof in <br />maintaining the same shall be borne by the COUNTY and fifty (50) percent shall be borne by the <br />COMPANY, as enumerated by the Schedule of Annual Cost of Automatic Highway Grade Crossing <br />Devices attached hereto and by this reference made a part hereof. <br />3. After said signals have been installed and found to be in satisfactory working order by the <br />parties hereto, the same shall he immediately put into service, operated and maintained by, the <br />COMPANY so long as said COMPANY or its successors or assigns shall operate the said signals at said <br />grade crossing; or until it is agreed between the parties hereto that the signals arc no longer necessary <br />! <br />r , <br />NOW 34 FAct 2,97 <br />' <br />FORM 722-11S • STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION <br />t <br />7-77 DIVISION OF ROAD OPERATIONS <br />PAGE I OF s RAILROAD REIMBURSEMENT AGREEMENT <br />GRADE CROSSING TRAFFIC CONTROL DEVICES <br />AND FUTURE RESPONSIBILITY <br />(County) <br />LINTY <br />SECTION <br />uTILITY JOB NO. <br />I STATE ROAD NO. <br />COUNTY NAME <br />PARCEL & RJW JOB N0.1 <br />F A P NO. <br />88 <br />000 <br />6409 <br />SW 1st St. <br />radian Rive <br />1 (SIG -D) <br />R0 -000S(18( <br />i <br />: <br />THIS AGREEMENT, made and entered into this day of ,197. , <br />by and between the STATE OF FLORIDA DEPART!N6:NT OF TRANSPORTATION, hereinafter called <br />I <br />the DEPARTMENT, and FLORIDA EAZT COAST RAIL1dAY COMPANY <br />a corporation organized and existing under the laws of Flnridn , <br />with its principal place, of business in the City of S_ !(ngustina , <br />County of _ St • Johns _ State of Florida • _ hereinafter called <br />thg COMPANY; and Indian River County, a political subdivision of the State of Florida, <br />acting by and through its Board of County Commissioners, hereinafter called the COUNTY. <br />WITNESSETH: <br />WHEREAS, THE DEPARTMENT is constructing, reconstructing or otherwise changing a <br />portion of the State highway System, designated by the: DEPARTMENT as Job No. 2010-6979 , <br />between SR 605 atid SR 5 which crosses at grade the riglit of way and track(s) <br />of the COMPANY at FDOT/AAR Crossing Number 272199S , located near 112ro BeaCh <br />Florida as shown on DEPARTMENT'S Plan Sheet No. 1 attached hereto as a part hereof, <br />NOW, THEREFORE, in consideration of the mutual undertakings as herein set forth, the parties <br />hereto agree as follows: ` <br />I. The. COMPANY shall furnish the necessary materials and install automatic grade crossing <br />Signals and/or other traffic control devices at said location on an actual cost basis, and in accordance <br />with the DEPARTMENT'S Plans and Standard Index Number 17882 attached hereto and by reference <br />made a part hereof. <br />2. After installation of said signals is completed, fifty (50) percent of the expense thereof in <br />maintaining the same shall be borne by the COUNTY and fifty (50) percent shall be borne by the <br />COMPANY, as enumerated by the Schedule of Annual Cost of Automatic Highway Grade Crossing <br />Devices attached hereto and by this reference made a part hereof. <br />3. After said signals have been installed and found to be in satisfactory working order by the <br />parties hereto, the same shall he immediately put into service, operated and maintained by, the <br />COMPANY so long as said COMPANY or its successors or assigns shall operate the said signals at said <br />grade crossing; or until it is agreed between the parties hereto that the signals arc no longer necessary <br />! <br />r , <br />NOW 34 FAct 2,97 <br />