CN-550000-ARY78.pdf

This document is a Railroad Reimbursement Agreement between the State of Florida Department of Transportation and Seaboard System Railroad, Inc., located in Jacksonville, Duval County, Florida. The agreement pertains to a highway grade crossing and traffic control devices project along Sidney Roberts Road and SR-661, situated in Hardee County, Florida, with the contract dated December 17, 1984.

The agreement covers the construction of a highway crossing at grade, with the company granting the department rights to construct the crossing and install traffic control devices. The estimated cost for the Standard Railroad Crossing Type "L" is $12,202.00. The parties will share the operation and maintenance costs equally, with each bearing 50% of the expenses. The contract includes provisions for insurance, with the department requiring its contractor to furnish Railroad Protective Public Liability and Railroad Protective Property Damage Liability Insurance in a combined amount of $2,000,000.00. The agreement allows for future adjustments, relocations, or replacements of devices, with costs to be shared between the parties or potentially a third party.