CN-550000-ASG31.pdf

This document is a Railroad Reimbursement Master Agreement between the State of Florida Department of Transportation and South Central Florida Express, Inc., a corporation organized under Florida law with its principal place of business in Clewiston, Henry County, Florida. The agreement is dated September 15, 1998 and is focused on railroad grade crossing projects throughout the state.

The agreement grants the Department the right to construct and maintain highways at grade level across the Company's right of way and tracks at specified project locations. The Company will provide necessary materials and construct Standard Railroad Crossings in accordance with the Department's Standard Index No. 560. Upon completion of crossings, the Company will be responsible for maintenance costs of trackbed and rail components plus the highway surface within the rail ties crossing area. The Department will reimburse the Company for costs related to watchman or flagging services, facility adjustments, and other project-related expenses. The contract includes provisions for billing, cost documentation, and adherence to various state statutory requirements, with the Department's payment obligations contingent on annual legislative appropriations.