CN-550000-AS988.pdf

This document is a Railroad Reimbursement Master Agreement between the State of Florida Department of Transportation (FDOT) and Seminole Gulf Railway L.P., a corporation organized under Delaware law with its principal place of business in Fort Myers, Lee County, Florida. The agreement was executed on November 13, 1987 and focuses on projects involving construction, reconstruction, or changes to state highway systems that will cross the railway's right of way and tracks.

The primary purpose of the agreement is to establish terms for highway and railroad grade crossing projects, with provisions for the railway to grant FDOT the right to construct and maintain highways across its right of way. The agreement outlines mutual responsibilities for project planning, cost reimbursement, and maintenance. FDOT will reimburse the railway for costs related to watchman services, flagging, facility adjustments, and temporary and permanent changes to signal and wire line facilities. The railway agrees to install and adjust its facilities according to specified department procedures and federal highway administration guidelines. Both parties will maintain detailed cost records, and the agreement includes provisions for project billing, salvage credits, and potential crossing abandonment.