R2015-48 STIPULATED AGREEMENT 1855

Home Browse Search

i i ' SA 1855 I i . Section 4 The Company and the City.shall,. each,- upon Order, according to the. requirements contained therein, proceed toward the completion of the proposed improvements, each accomplishing the work with its own forces or appropriate contracted services, and each agrees that an appropriate time for the completion of the proposed improvements should be twelve (12) 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 [DOT Install Automatic Flashing Light Signals and Gates, controlled by (95%) (5%) CWT Circuitry $281,566- $267,4881 $0 $14,0781.2 $0 Install Interconnect Cable from Traffic Signal Controller Unit to Junction Box (100%) Mounted on CSX Signal Bungalow $27,000 $27,0003 $03.4 1 $0 $0 Rehabilitate Northeast Highway Approach; Renew"RXR",Cross-hatch, No Estimate and Stop Bar Pavement Markings Required 0% 100%5 0% 1 0% TOTALS $308,566 $294,48813 $--3,4A $14,0781,2 . $0 Notes: 1 Total GCPF assistance for the required automatic warning devices not to exceed $267,488;any installation costs above the total estimated amount of$281,566 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 interconnect cable installation between the Company's junction box mounted on the crossing signal bungalow and the traffic signal controller unit not to exceed $27,000; any installation costs above the total estimated amount of$27,000 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 unit. 5 City responsible for all construction and future maintenance costs associated with the northeast highway approach rehabilitation and the"RXR",cross-hatch, and stop bar pavement markings. 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 Commission should grant a variance from the grade requirements of 92 III. Adm. Code Part 1535.204 to the City for the southwest highway approach, and the City should be allowed to maintain the southwest highway approach to the existing grades as shown in Exhibit A, attached hereto. 3