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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
Metadata
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Template:
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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NOW THEREFORE, for the covenants contained herein and other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree <br />as follows: <br />Section 1. PURPOSE <br />The purpose of this Amendment is to memorialize the agreement reached relating to the <br />Project with respect to the Crossings and terms related to the construction, maintenance and <br />safety of the Crossings. <br />Section 2. LICENSE AGREEMENTS <br />The Crossings, as improved for the Project, shall continue to be governed by the terms <br />and provisions of the License Agreements, listed on Exhibit A. <br />Section 3. BRIGHTLINE REPRESENTATIONS <br />3.1 Initial Development Costs. BRIGHTLINE shall fund and be responsible for all <br />necessary and reasonable capital investments to complete the initial installation of crossing <br />improvements at the Crossings to the extent required for compliance with currently applicable <br />laws and requirements for passenger rail service (hereinafter, the "Initial Development Costs"). <br />The Initial Development Costs may include some or all of the following, based on the individual <br />requirements for each Crossing, as more specifically described in the final plans and drawings <br />for each Crossing provided by BRIGHTLINE to COUNTY: the installation, relocation or alteration <br />of new track and/or the existing track; cables; railroad devices; crossing structures; railroad <br />signalization equipment: grade crossing surfaces; roadway, signage and pavement marking; co- <br />habitation of roadway traffic signals impacted by the Project to railroad truss structures; relocation <br />of any permitted COUNTY utilities and, any other element necessary to comply with all applicable <br />laws and regulations. The Initial Development Costs do not include the costs of any other <br />improvements to the Crossings related to the establishment of quiet zones or any other <br />improvements required or desired by COUNTY, except as provided in the Settlement Agreement. <br />Regardless of any provision to the contrary the License Agreements, COUNTY shall have no <br />responsibility for any Initial Development Costs, except as provided in the Settlement Agreement. <br />3.2 Maintenance of Existing Crossing. If there is required regular maintenance to <br />be performed in connection with the currently existing crossing surface that is outside of the <br />scope of the Project, that maintenance is not included within the scope of BRIGHTLINE's work <br />and expense, provided, however, that BRIGHTLINE and FECR will endeavor to coordinate their <br />respective work so as to minimize any existing crossing surface maintenance costs that the <br />COUNTY may bear in accordance with the existing License Agreements. <br />3.3 Standards. BRIGHTLINE shall construct all track and crossing Project <br />improvements at each Crossing in compliance with the crossing construction plans submitted by <br />BRIGHTLINE to the COUNTY and incorporated in the Settlement Agreement, in Exhibit _ <br />3.4 Coordination. BRIGHTLINE and COUNTY agree to coordinate and <br />cooperate with each other at all times with regard to notice, permitting, mobilization and <br />construction timing of the Project improvements. Elements of the Project may extend beyond <br />the FECR right- of -way at certain Crossing(s) in order to complete the Project within <br />-2- <br />
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