CN-550000-ASV92.pdf

This document is a Railroad Reimbursement Master Agreement between the State of Florida Department of Transportation (the DEPARTMENT) and Seminole Gulf Railway L.P. (the COMPANY), 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 pertains to highway and railroad crossing projects within the State of Transportation's highway system.

The agreement outlines the terms for construction, reconstruction, and maintenance of highway crossings at grade with the COMPANY's railroad tracks. Key provisions include the DEPARTMENT's right to construct and maintain highways across the COMPANY's right of way, with the COMPANY responsible for providing necessary materials and contracting at the DEPARTMENT's expense. The DEPARTMENT will reimburse the COMPANY for costs such as watchman or flagging services, and will require its contractors to maintain Railroad Protective Public Liability Insurance. The COMPANY will be responsible for maintenance of tracked and rail components within the crossing area, and both parties will collaborate on project specifications, with the understanding that all work will be subject to approval and performed according to established guidelines.