R2024-67 Resolution Authorizing Stipulated Agreement 2309 Concerning Safety Improvements at the At-Grade Crossing with the Illinois Central Railroad Company at Martin Luther King Jr. Drive and Wood Street

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SA 2309 services and agrees that an appropriate time for the completion of the proposed signal improvements should be eighteen (18) months from the date of a Commission Order approving this Agreement. Section 5 The parties agree that an equitable division of cost for the proposed improvements is as follows: COST DIVISION TABLE IMPROVEMENT EST. COST GCPF CITY COMPANY IDOT Install Automatic Flashing Light Signals and Gates, controlled by (95%) (5%) CWT Circuitry $509,097 $483,642' $0 $25,4551,2 $0 Replace Antiquated Traffic Signal control equipment with New Traffic Signal equipment to include new Interconnect Cable to New CN Signal (100%) Bungalow. Replace blank out signs. $239,850 $239,8503 $03,4 $0 $0 Renew"RXR", W10-1, and Stop Bar Pavement Markings; Install WALK No Estimate TIME SHORTENED signage. Required 0% 100%5 0% 0% TOTALS $748,947 $723,4921,3 $__3,4,5 $25,45512 $0 Notes: Total GCPF assistance for the required automatic warning devices not to exceed $483,642; any installation costs above the total estimated amount of$509,097 will be divided in the same percentages noted above, upon submittal and review of evidence to support the additional cost and subject to approval by the Commission. 2 Company responsible for all future operation and maintenance costs associated with the new automatic warning devices. 3 Total GCPF assistance for costs associated with the Replacement of Antiquated Traffic Signal control equipment to include new Interconnect cable installation between the City traffic signal controller unit and the New Railroad Signal Bungalow not to exceed $239,850; any installation costs above the total estimated amount of$239,850 will be divided in the same percentages noted above, upon submittal and review of evidence to support the additional cost and subject to approval by the Commission. 4 City responsible for all future maintenance costs associated with the interconnect cable between the Company's junction box mounted on the crossing signal bungalow and the traffic signal controller cabinet. 5 City responsible for all future maintenance costs associated with "RXR" pavement markings, W10-1 advance warning signs, stop bars,WALK TIME SHORTENED signs. Section 6 The City is financially able and willing to pay a portion of the cost for the proposed improvements as may be assigned by the Order and indicates this intent by Resolution incorporated herein by reference as Exhibit D. The City shall submit a certified copy of their Resolution at the same time as the Execution Page of this Agreement is submitted to the Commission. Section 7 Special Provisions: The Company is responsible for all future costs associated with the operation and maintenance of the new automatic warning devices in accordance with the following parts of Title 49 - Code of Federal Regulations (CFR): 49 CFR 214 - Railroad Worker Safety; 49 CFR 228 - Hours of Service of Railroad Employees; 49 CFR 233 - Signal Systems Recording Requirements; and 49 CFR 234 Grade Crossing Signal System Safety. The City shall submit any required drawings and specifications for the interconnect cable run to the Commission's Railroad Safety Section and the Illinois Department of 3