CN-550000-ASA88.pdf

This document is a Railroad Reimbursement Agreement, specifically a Supplemental Agreement No. 1, between the State of Florida Department of Transportation (the DEPARTMENT) and the Seaboard Coast Line Railroad Company (the COMPANY), a corporation organized under the laws of Virginia with its principal place of business in Jacksonville, Duval County, Florida. The agreement involves a highway improvement project on State Road No. 50, between SR 35 and SR 575, in Hernando County.

The agreement outlines the terms for a grade crossing improvement, with the COMPANY granting the DEPARTMENT the right to improve, reconstruct, or change the highway at grade. The COMPANY will provide necessary materials and construct a Standard Railroad Crossing at the DEPARTMENT's expense. The estimated cost of the work is $2,662.00, and the COMPANY will bill the DEPARTMENT directly for labor, services, materials, and equipment. The agreement includes provisions for maintenance, insurance liability (up to $500,000 for bodily injury and property damage), and cost allocation for facility adjustments. The document was executed in January 1977 and includes approvals from the State of Florida Department of Transportation, Seaboard Coast Line Railroad, and the Federal Highway Administration.