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M)= Jill ilillillillillillill 1111111111111111,11 111111l, '111 1!! 111 JIJ;1I 11111111,11 a "I <br />r' <br />Y <br />Rr )RM 7254)90JI <br />Rail <br />000 03/03 <br />oda a�U � <br />a,00 <br />RAILROAD REIMBURSEMENT AGREEMENT <br />GRADE CROSSING AND CROSSING TRAFFIC DEVICE - COUNTY <br />FINANCIAL. PROJECT ill ROAD NAME OR NUMB MI C<)UNTY NAME PARCEL AND R/W NUMBER FAP NUMBER <br />2348724-57-01 1e St. / 17i1' St. INDIAN RIVER 71 (2150) <br />THIS AGREEMENT, made and entered this z daY uby and between the STATE OF <br />FLORIDA DEPARTMENT OF TRANSPORTATION, herein called tkie 'DEPARTMENT, T, and FL Rt �A <br />EA5T COAST RAILWAY L.L.0 , a corporation organized and existing under the laws of <br />F ORID�A, , With its place of business in the City of 5"L AU STINE , County ofSTO <br />JOHNSState of FLORIDA , hereinafter called the COMPANY; and INDIAN RIVER <br />COUNTY, a political subdivision of the State of Florida, acting by and through its :Board of County <br />Commissioners, hereinafter called. COUNTY. <br />WITNESSETH: <br />WHEREAS, the DEPARTMENT is constructing, reconstructing or otherwise changing arortion of the Public <br />Road System, designated by the Financial Project ID V „872-1-57-{)1 , on 16" Sit 117 St. , which crosses <br />at grade the right of way and track(s) of the COMPANY'S Mile Post.,,,228 1118' , FDOT J AAR crossing <br />Number 2721951' _ at or near)Ll 411 B , Florida, hereinafter called the Grade Crossing, as shown <br />on DEPARTMENTS Plan Sheet No.1, , attached hereto as a part hereof; and <br />NOW, THEREFORE, in consideration of the mutual undertakings as herein set forth, the parties hereto <br />agree as follows: <br />1. The COMPANY hereby grants to the DEPARTMENT the right to construct road at grade, and necessary <br />approaches thereto, across its right of Way and over its track(s) at the hereinabove referred to location. <br />2. 'Che COMPANY Will provide, furnish or have furnished, all necessary materials required for, and will construct <br />or have constructed at the DEPARTMENTS expense a Standard Railroad Crossing Type "T" CDNC <br />M DIFIED in accordance With the DEPARTMENTS Standard index No, 564 attached hereto and by this <br />reference made a part hereof <br />3. It is further agreed mutually between the parties hereto that the grade crossing be recognized by this <br />Agreement: <br />(a) is adequately signalized for the safe operation of the general public. However, should future <br />highway traffic conditions warrant additional crossing traffic control devices through use of <br />automatic grade crossing traffic control devices, including signals With and without gates, or <br />grade separation structure(s); then, such additional traffic control devices and/or structure(s) <br />will be installed as necessary at the complete cost and expense of the COUNTY. IT IS <br />EXPRESSLY UNDERSTOOD AND AGREED that once a determination has been made as to <br />the type of facility to be installed, whether signals or structure, such 'installation will be the <br />subject of a supplemental agreement Which will set forth the maintenance responsibility as <br />governed by the applicable State and/or Federal law at the time of such installation. <br />XXX , (b) Presently requires the installation of grade crossing traffic control devices and the <br />DEPARTMENT agrees to pay such cost subject to the COMPANY'S participation as specified <br />in Paragraph 13% such Installation to be in accordance with plans and specifications as approved <br />