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11/20/2018_SpecialCall
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11/20/2018_SpecialCall
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Last modified
1/25/2021 12:40:06 PM
Creation date
12/21/2018 2:52:09 PM
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Meetings
Meeting Type
Special Hearing
Document Type
Agenda Packet
Meeting Date
11/20/2018
Meeting Body
Board of County Commissioners
Subject
Brightline; All Aboard Florida; Virgin Trains USA
Settlement agreement
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responsibility for paying any portion of such costs for the year in question. For example, if Indian <br />River were to receive a total of $200,000 in invoices from FECR in a particular calendar year, <br />Indian River would be obligated to pay those invoices in full; but if Indian River were to receive <br />a total of $300,000 in invoices from FECR in a particular calendar year, Indian River would only <br />be obligated to pay $235,500, and upon such payment, Brightline would be obligated to pay the <br />balance due — $64,500. The amendments shall also provide that, for each of the first three years <br />after the 14 -year period concludes, Indian River and Brightline shall share responsibility for paying <br />Indian River's road surface, signal, and other crossing maintenance and rehabilitation costs, as <br />follows: Indian River shall pay up to the average total amount invoiced by FECR for such costs <br />each year during years 8 through 14 of the 14 -year period, and Brightline shall pay the balance of <br />such costs; provided, however, that if Indian River does not pay its share of such costs as <br />contemplated herein, Brightline shall have no responsibility for paying any portion of such costs <br />for the year in question. Indian River°s agreement to pay these averaged annual invoiced costs shall <br />not be deemed an admission that Indian River agrees that previous FECR invoices were accurate <br />or due and payable. If Indian River reasonably disputes an FECR invoice, Brightline agrees Indian <br />River is not in breach of this Agreement. The amendments shall further provide that Indian River <br />shall remain solely responsible for paying FECR the applicable license fee for each crossing per <br />year, and that: <br />(i) Indian River shall not indemnify, defend, or hold harmless <br />Brightline for any reason whatsoever in connection with the <br />Existing Indian River Crossing Agreements, as amended, except as <br />otherwise provided in this Agreement; <br />(ii) Indian River shall not add Brightline onto its insurance for any <br />reason whatsoever in connection with the Existing Indian River <br />Crossing Agreements, as amended; and <br />(iii) Indian River shall not consent to waive its sovereign immunity for <br />any action that involves Brightline. Indian River acknowledges that <br />sovereign immunity does not apply for alleged or actual breaches of <br />express, written agreements and amendments thereto entered into by <br />Indian River that are duly authorized by its Board of County <br />Commissioners, including this Agreement and the Crossing <br />Agreements. <br />(i) The municipalities within Indian River that currently have independent <br />roadway crossing agreements with FECR shall be afforded the opportunity to execute amendments <br />to those agreements in the form attached as Exhibit G. The amendments shall not alter the <br />municipality's rights or obligations as to FECR, except that during the 14 -year period, the <br />municipality and Brightline shall share responsibility for paying the municipality's road surface, <br />signal, and other crossing maintenance and rehabilitation costs, as follows: the municipality shall <br />pay up to its Average Historical Cost, as defined below, each year, and Brightline shall pay the <br />balance of such costs; provided, however, that if the municipality does not pay its share of such <br />costs as contemplated herein, Brightline shall have no responsibility for paying any portion of such <br />costs for the year in question. The municipality's Average Historical Cost shall be calculated by <br />(a) determining the average of the total amount invoiced by FECR each year between 2011 and <br />2017 for crossing maintenance and rehabilitation costs other than signal inspection fees, and (b) <br />-7- <br />
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