R2003-76 AUTHORIZING AGREEMENT - Laserfiche WebLink

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from the City, NS and ICRR shall include the Commission Order Number, the Order date, the project completion date as noted in the Order, crossing information (Inventory Numbers and Railroad Mileposts), type of improvement, and project manager information (name, title, mailing address, phone number and facsimile number of the employee responsible for management of the project.) The progress reports shall also include the status of expenditures of the total project and percentage of completion of the project. If the project is behind schedule, the reports must include a brief explanation of the reason(s) for the delay. SPc-ti�n S� The parties hereto agree that an equitable division of cost to perform the proposed improvements should be: a. the cost for the City to perForm its work proposed herein as set forth on attached Exhibit A, estimated to be $230,000, should be allocated 90% of the actual cost, not to exceed $207,000, to the Grade Crossing Protection Fund (GCPF) of the Motor Fuel Tax Law, and the remaining cost, and all future cost of operation and maintenance, to the City. b. the cost for NS to perform its work proposed herein as set forth on attached Exhibit B, estimated to be $15,000, should be allocated 100% of the actual cost, not to exceed $15,000, to the GCPF, and any remaining cost, and all future cost of operation and maintenance, to NS. c. the cost for ICRR to perform its work proposed herein as set forth on attached Exhibit C, estimated to be $2,080, should be allocated 100% of the actual cost, not to exceed $2,080, to the GCPF, and any remaining cost, and all future cost of operation and maintenance to ICRR. S�ction 6� The City is financially able and willing to bear an equitable portion of the cost for the proposed improvements as may be assigned by the Order and indicates this intent by Resolution attached as Exhibit D. Section 7� The City agrees to post a readily visible notice inside its traffic signal cabinets at Brush College Road/Faries Parkway, Martin Luther King Jr. Drive/Wood Street and 27th StreeUFaries Parkwa notif in its erso , nnel not to alter the railroad Y Y 9 P preemption sequence for its traffic si nals in a manner which would reduce the amount 9 of time vehicles encroaching the track zone would have to clear the track without Commission approval. An actual size copy of such notice shall be submitted to the Commission's Rail Safety Program Administrator for approval before being installed. Section 8� This a reement shall be bindin u on the arties here 9 g p p to, their successors or ' assigns. Upon execution of this agreement by all parties, the Commission shall within 60 days enter an appropriate order accepting or rejecting such stipulation according to the provisions contained herein Section 9� All bills for the City's expenditures set forth in Section 5 herein shall be � 4 i�