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R-807-9-87RESOLUTION NO. 807-9-87(R) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT BETWEEN THE CITY AND THE SOUTHERN PACIFIC TRANSPORTATION COMPANY CONCERN- ING RECONSTRUCTION OF THE GRADE CROSSING AT MAIN STREET IN THE CITY OF ALLEN, TEXAS. WHEREAS, the City of Allen has recently improved Main Street through reconstruction and beautification; and, WHEREAS, the City of Allen wishes to upgrade the cond- ition of the Main Street railroad crossing to match the quality of the recently completed street improvements; and, WHEREAS, the current condition of the Main Street rail- road crossing is unsatisfactory, causing unsafe traffic movements and uncomfortable rides; and, WHEREAS, before any work can be completed by the company on the railroad crossing, a contract must be executed between the City and Southern Pacific Transportation Company; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, THAT: Section 1. The City Council authorizes the City Manager to execute an agreement between the City of Allen and the Southern Pacific Transportation Company and to pay the City's share of the reconstruction of the grade crossing estimated to be $69,475. Section 2. The City Council directs that a copy of this resolution be forwarded with the executed contract to -the Southern Pacific Transportation Company. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, ON THIS THE 3rd DAY OFSEPTEMBER . 1987. APPROVED: Donald P. Rodenbalugh, MAYi6R ATTEST: / 1 Marty Hendrix, C , CITY SECRETARY [RAF/bds - VI - 07/13/87 - scagr:8 - 73505/323-21 RELMIS: THD-288.51-X(N) THIS AGREEMENT, made this Zo day of �2i�'z , 1987, by and between SOUTHERN PACIFIC TRANSPORTATION COMPANY, a corporation, herein termed "Railroad," and CITY OF ALLEN, a municipal corporation of the State of Texas, herein termed "City"; RECITALS: The parties hereto desire to evidence by this instrument their agreements with respect to the rehabilitation of Main Street, in the City of Allen, Texas (Crossing THD -288.51). AGREEMENT: 1. Railroad shall provide the necessary labor, materials, tools and equipment and shall perform the following work: (a) remove existing crossing surface; (b) prepare track, including relay of rail and ties; and (c) install a rubber pad crossing. City agrees to reimburse Railroad for one hundred (100) percent of the cost and expense incurred by Railroad in furnishing materials and performing work specified in this Section 1. 2. Railroad shall submit to City a bill for eighty percent (80%) of the estimated cost to Railroad in performing work for which City is obligated to reimburse Railroad hereunder upon completion of such work, which bill City agrees to promptly pay. Should the actual cost prove, upon completion of audit, to be more or less than such estimated cost, the difference shall be promptly paid by City or refunded by Railroad, as the case may be. 3. The work to be performed by Railroad hereunder shall be commenced as soon as labor and materials are available, following execution of this instrument, and shall be completed within one (1) year thereafter. 4. This agreement shall be binding upon and inure to the benefit of the successors and assigns of Railroad and the assigns of City. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed in duplicate the day and year first herein written. SOUTHERN PACIFIC TRANSPORTATION COMPANY jY By %� l/ j6WA-It— (Title) Senior Manager Contracts and Joint Facilities CITY, OF ALLEN B Ti le Zkat,4, r -2-