CN-550000-AT039.pdf

This document is a Railroad Reimbursement Master Agreement for Grade Crossing between the State of Florida Department of Transportation (the DEPARTMENT), a state agency, 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 was executed on the 7th day of August, 1972.

The contract establishes the terms for constructing and maintaining highway projects that will cross the railroad's right of way and tracks. The COMPANY grants the DEPARTMENT the right to construct highways and necessary approaches across its tracks at specified points. The DEPARTMENT will be responsible for covering the costs of railroad protective public liability insurance and temporary signal wire line changes. The COMPANY agrees to install and adjust its facilities, provide necessary materials for standard railroad crossings, and maintain the trackbed and rail components within the crossing area. Upon completion of crossing projects, the COMPANY will submit detailed billings to the DEPARTMENT, with the understanding that the DEPARTMENT will reimburse the COMPANY for approved costs and retain ten percent from any progress payment.