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02/13/2018 (2)
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02/13/2018 (2)
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Last modified
1/11/2021 12:33:55 PM
Creation date
4/4/2018 2:30:54 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
02/13/2018
Meeting Body
Board of County Commissioners
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of this Agreement, by the product of the annual license fee in effect for the preceding year <br />multiplied by one hundred percent (100%) of the percentage increase, if any, in the Consumer <br />Price Index, (1967=100), issued by the Bureau of Labor Statistics of the U.S. Department of <br />Labor ("CPP'), or 3%, whichever is greater. The base CPI will be the CPI for the month of the <br />year preceding the applicable anniversary date of this Agreement by ninety (90) days. No <br />adjustment will be made for decreases in the CPI. <br />6. The provisions and stipulations of this Agreement are a part of the consideration of the <br />licensing of the CROSSING SITE, and in the event the COUNTY shall fail to comply with any <br />of the covenants and conditions, then, at the option of the RAILWAY, this Agreement shall be <br />terminated with full legal rights and remedies retained by the RAILWAY, including but not <br />limited to the right to reenter, repossess, and remove the crossing if it shall elect to do so. <br />7. The COUNTY shall grant forthwith to the RAILWAY necessary permits for the <br />installation, construction, erection, repair and maintenance of any of the RAILWAY owned or <br />maintained facilities described in this Agreement. If the COUNTY fails to promptly grant the <br />RAILWAY necessary permits, COUNTY shall bear all additional expense incurred by the <br />RAILWAY attributable to such failure, including costs due to slow ordering of trains. COUNTY <br />shall promptly pay such amounts upon billing by the RAILWAY. <br />8. Unless otherwise specified, the cost of and liability for installation, construction, <br />maintenance, replacement and removal of all facilities at the CROSSING SITE, including but <br />not limited to the track structure, railroad and highway devices, and grade crossing surfaces, <br />whether performed by the COUNTY or RAILWAY, shall be the sole responsibility of the <br />COUNTY. <br />},T9r -Q!' j Page 2,t6 <br />
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