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R01-242RESOLUTION NO. ROI- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING EXECUTION OF A RAILROAD REIMBURSEMENT AGREEMENT FOR THE CONSTRUCTION OF RAILROAD GRADE CROSSINGS, INSTALLATION OF TRAFFIC CONTROL DEVICES FOR RAILROAD GRanDE CROSSINGS,/XlN-D FUTURE MAINTENANCE AND ADJUSTMENT OF SAID CROSSINGS AND DEVICES; PROVIDING FOR THE FUTURE EXPENDITURE OF FUNDS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the State of Florida Department of Transportau~n is constructing, reconstructing, or otherwise changing a portion of the public road sysltem, on N.W. 22nd Avenue (Gateway Blvd.), which shall call for the installation and mainttenance of raikoad grade crossings and traffic control devices for raikoad grade crossings over or near said highway; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION ]~HE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida does authorize execution of a Railroad Reimbursement Agreementni w/th the State of Florida Department of Transportation and the FEC Railway Company for the installation and maintenance of certain grade crossings and traffic control devices for grade crossings clesignated as Finance Project ID 41018215701, on N.W. 22® Avenu~ which crosses the fight of way and tracks of the FEC Railway Company at FDOT/AAR Crossing No. 272476-Y, located in Boynton Beach, Florida. Section 2. That the City assumes its share of the costs for future maintenance and/or adjustment of said grade crossings and traffic control devices for grade crossings as designated in the Railroad Reimbursement Agreement. Section 3. That the Mayor and City Clerk are hereby authorized to execute such Agreements with the State of Florida Department of Transportation and the FEC Railway Company. Section 4. That this Resolution shall take effect immediately upon passage. ~TTEST: PASSED AND ADOPTED this oql P~ day of August, 2001. Commissioner UONTROL DEVICES-MUNICIPAL i(SIGR) THIS AGREEMENT, made and entered into thi.~ day of 054-001 , 19., by and between the STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION, hereinafter called the DEPARTMENT, and Florida East Coast Railway Co. a corpo~on organized and existing under the laws of F 1 o r ~ d ~ with its Principal place of business in the City of County of St. Johns hereinafter called the COMPANY; and the City of corporation, hereinafter called the CITY. St. Augustine ,S~ of Florida Bovnton Beach ,amu~cip~ WITNESSETH: Wt-IEREAS, the DEPARTMENT is constructing, reconstructing or otherwise changing a portion of the Public Road System, designated by the DEPARTMENT as Sob No. 41018 2~ 1 - 5 7-01 , ~)n N~. 22nd Ave.(Gateway Blvd.) vhich crosses at grade the fight-of-way and tracks of the COMPANY'S Milepost 2 7 2 4 7 5- Y FDOT/AARCrossing Number 316+4102' ,atornear n,,y,,rmn B~cb as shown on the DEPARTMENT'S Plan Sheet No. One attached hereto as a part hereof; and NOW, TI4RREFORE, in consiclemtion of the mutual undertakings as herein set forth, the parties hereto agree as follows: 1.: The COMPANY shall furnish the necessary materials and install Automatic Grade Crossing Si~tmala Type I v Class IV and/or other traf~m control devices at said location on an acres! cost basis, and in accordance with the DEPARTMENT'S Plans and Standard Index Number 17882 attached hereto and by reference made a part hereof. 2. ~.After installation of said sigaals is completed, fifty (50) percem of the expense thereof in maintaining the sa~e shall be b~me by the CITY and fifty (50) percent shall be borne by the COMPANY, a en s umemted by the Schedule o.f Annual Cost of Automatic Highway Grade Crossing Devices attached ' -~reto and by thi.q reference made a part hereof and mbject to future revision. 3., After said signals ha~e been installed and found to be in satisfactory working order by the parties hetet0, the same shall be ~mmedmtely put into service, operated and maintained by the COMPANY so long as said COMPANY or its successors or assigns shall operate the said signals at said grade crossing;