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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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with FDOT's then- current standard chart for signal inspection costs, as such chart is updated <br />and amended. This provision shall survive expiration or termination of the License Agreements, <br />as amended. <br />Section 6. MAINTENANCE COST SHARING <br />This Amendment shall not alter CITY's rights or obligations as to FECR, except that for a <br />period of 14 years from the date BRIGHTLINE begins passenger revenue operations from West <br />Palm Beach to Orlando, the CITY and Brightline shall share responsibility for paying the CITY's <br />road surface, signal, and other crossing maintenance and rehabilitation costs, as follows: the <br />CITY shall pay up to its Average Historical Cost, as defined below, each year, and Brightline shall <br />pay the balance of such costs; provided, however, that if the CITY 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 CITY's Average Historical Cost shall be calculated by (a) <br />determining the average of the total amount invoiced by FECR each year between 2011 and 2017 <br />for crossing maintenance and rehabilitation costs other than signal inspection fees, and (b) adding <br />to that average the amount invoiced by FECR for signal inspection fees during the year 2017. <br />CITY shall remain solely responsible for paying FECR the applicable license fee for each crossing <br />per year. <br />Section 7. THIRD PARTY BENEFICIARY <br />The Parties agree that BRIGHTLINE shall be a third party beneficiary with respect to the <br />License Agreements identified in Exhibit A attached hereto, with the right to enforce the terms <br />and conditions thereof. BRIGHTLINE shall have no greater rights with respect to CITY than FECR <br />has under the License Agreements. Each of the aforesaid License Agreements is hereby deemed <br />amended to reflect the provisions of this Section 7. This provision shall survive any expiration or <br />termination of the License Agreements, as amended. <br />No provision of this Amendment is intended to, or shall be construed to, create any <br />additional third party beneficiary or to provide any rights to any person or entity not a party to this <br />Amendment, including but not limited to any citizen or employees of the CITY and/or <br />BRIGHTLINE. <br />Section 8. CONFLICTS WITH SETTLEMENT AGREEMENT <br />For avoidance of doubt, as between BRIGHTLINE and CITY, in the event of a conflict <br />between the terms of this Amendment and the Settlement Agreement, the terms of the <br />Settlement Agreement shall govern. <br />Section 9. EFFECTIVE DATE AND TERM <br />9.1 Effective Date. This Amendment will become effective upon approval by the <br />governing body of the CITY and execution by all parties. <br />9.2 Term. The term of this Amendment will be concurrent with the term of each <br />License Agreement to which it is applicable. <br />Section 10. VENUE AND CHOICE OF LAW <br />The License Agreements, as amended herein, will be governed by the laws of the State <br />-5- <br />
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