CN-550000-AS594-A0010000.pdf

This document is a Master Railroad Maintenance Reimbursement Agreement between the State of Florida, Department of Transportation (Department) and Florida Central Railroad Company, Inc. (Company), executed on June 30, 2016. The agreement pertains to shared maintenance of traffic control devices at railroad grade crossings throughout Florida, with specific crossing locations listed in Exhibit A.

The agreement covers the maintenance and reimbursement for shared traffic control devices at various railroad crossings, with the Department agreeing to reimburse the Company a portion of maintenance costs based on the crossing's class. The annual costs vary by crossing complexity, ranging from $2,386 for Class I (2-Quadrant Flashing Lights with One Track) to $8,930 for Class VI (3 or 4-Quadrant Flashing Lights and Gates with Multiple Tracks). The contract term runs from July 1, 2016, through June 30, 2021, with potential for a three-month extension. The Company is responsible for maintaining the devices in accordance with federal regulations, and the Department will reimburse a defined percentage of maintenance costs as outlined in the agreement.