HomeMy WebLinkAboutRailroad Equipment Agreement 06/24/2004,;.: ~ .
AGREEMENT TO PROVIDE RAILROAD CROSSING SIGNALlCROSSING SURFACE
EQUIPMENT AT PINE STREET AND CENTRAL OREGON & PACIFIC RAILROAD
This AGREEMENT, made this `~ ~. day of -~: vUL.- of 2004, by and between
CENTRAL OREGON and PACIFIC RAILROAD, herein called "RAILROAD," and the City of
Central Point, a municipal corporation of the State of Oregon, herein termed "CITY:"
RECITALS:
The parties hereto desire to set forth by this instrument their agreement
with respect to the reconstruction of an at-grade crossing at the intersection of
Pine Street and Central Oregon & Pacific Railroad, in conjunction"with the road
construction.
AGREEMENT;
RAILROAD shall furnish all necessary materials, tools, equipment, and
labor and shall perform the following work:
a. Installation of ail necessary signal systems including automatic gate
arms, together with necessary actuating and operating circuits and
adequate instrument housing to; be controlled by constant warning
time devices, hereinafter collectively referred to as "signals."
b., ;Installation of .all materials for. said. signals, shall be in accordance
with, RAILROAD.'s usual standards and in compliance with the
Oregon Department of Transportation Rail Division Standards.
c. Installation of all necessary crossing surface materials.
d. Installation of all necessary end-of--track "bumper" post materials.
2. C[TY agrees with RAILROAD on a sum of Five Hundred Seventy
Thousand, Nine Hundred Eighty Dollars ($570,980.00), upon execution of
this agreement, which covers the cost and expense incurred by RAILROAD
in furnishing materials and performing the work specified above.
3. The work to be performed by RAILROAD hereunder shall commence as
soon as tabor and materials are available following execution of this
instrument and shall be completed within thirty (30) days after roadway
construction is completed.
4. After installation of said signals, RAILROAD shall maintain same so long
as they remain in place.
5. Any contractor performing the work on the property of RAILROAD on
behalf of the CITY, in, connection with work contemplated; hereunder shall
execute RAILROAD :standard form of . Contractor's . right-of-entry
agreement prior to commencing any work on RAILROAD premises.
6. This agreement shalt be binding upon and inure, to the benefit of the
successors and assigns of RAILROAD and the assigns of CITY.
r -~
IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed in
duplicate the day and year first herein written.
CENTRAL OREGON AND PACIFIC RAILROAD
By:
Printed Name: (~ p,y t~ ,t~ \r~.~lr~~e~S
Title: ~ ~c- ~~ F I~ -.,... G.A ~ ~Gs_ ~ ~ c C ~ ~ ~~O `~
CENTRAL POINT CITY
Printed Name: \'~C`+.. L~ ~ .~: ~ ~ i c. ~. cry ~7
Title: ~~ ~ ~