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#16 - UP Railroad At-Grade Crossing Agreement
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#16 - UP Railroad At-Grade Crossing Agreement
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7 <br />Public Highway At-Grade Crossing Agreement <br />DOT DOT# 980280H, Project 0787250 <br />have the right to audit the Railroad's billing and documentation for the Project as provided <br />in Section 11 of Exhibit B of this Agreement. <br /> <br />Section 15. ANNUAL SIGNAL MAINTENANCE FEE <br /> <br />A. Effective as of three years from effective date of this Agreement or the date <br />of installation and/or the in-service date of the new and/or improved or existing Grade <br />Crossing Signal System(s) ("Signal System”), the Political Body, in addition to maintaining <br />at its sole cost and expense the portion of the Roadway described in Section 2 of Exhibit <br />B, agrees to pay to Railroad the sum of Eleven Thousand Four Hundred Eight Dollars <br />($11,408.00) per annum, payable annually in advance, as payment for Railroad's <br />maintenance of the Signal System that is installed at the Roadway. The annual signal <br />maintenance fee is calculated as shown on the attached Exhibit F, attached hereto and <br />made a part hereof. <br /> <br />B. The above annual signal maintenance fee for Railroad's maintenance of the <br />Signal System is based on the number of current signal units installed at the Roadway. If <br />the Signal System is improved and/or altered in any way, the Political Body must notify <br />the Railroad in writing and the annual signal maintenance fee will be increased at a rate <br />based on the American Railway Engineering and Maintenance of Way Association <br />(AREMA) signal unit cost index. If the Political Body fails to notify Railroad of any <br />improvement or alteration to the Signal System, the Railroad may increase the annual <br />signal maintenance fee at a rate based on the AREMA signal unit cost index any time <br />after the date of installation and/or improvement of the Signal System. The signal unit <br />base for the annual signal maintenance fee may also be re-determined by the Railroad <br />at any time subsequent to the expiration of five (5) years following the date on which the <br />annual signal maintenance fee was last determined or established. Any such changes in <br />the annual signal maintenance fee referenced in Article 2 may be made by means of <br />automatic adjustment in billing. <br /> <br />Section 16. ANNUAL SURFACE MAINTENANCE <br /> <br />A. The Railroad shall maintain the crossing surface between the track tie ends <br />at Political Body’s expense. Effective as of three years from effective date of this <br />Agreement, Political Body agrees to pay to Railroad the sum of Three Thousand Three <br />Hundred and Twenty Two Dollars ($3,322.00) per annum, payable annually in advance, <br />as payment for Railroad's maintenance of the surface between track tie ends located <br />within the Crossing Area. See Exhibit C. The Political Body, at its expense, shall maintain <br />and repair all portions of the Roadway approaches that are not within the area between <br />lines two (2) feet outside of the rails of each track. See lower right hand corner of Exhibit <br />C. <br /> <br /> <br /> <br /> <br />
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