ROMAN CATHOLIC BISHOP OF ORANGE -2010

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•~ -~ A-2010-035 iJSURA~JCE NOT REQUIRED WORK MAY PRQCEEC' REIMBURSEMENT AGREEMENT CLERK OF ~:;OUNCI' BETWEEN CITY OF SANTA ANA AND IlfiTF: 3 -tQ- (~j THE ROMAN CATHOLIC BISHOP OF ORANGE ~r FOR THE RAILROAD CROSSING SIGNAL IMPROVEMENT PROJECT (MILE POST 522.04) ~ THIS REIMBURSEMENT AGREEMENT ("Agreement"}, is made and entered into this ~ ~rday of r'u , 2010, by and between the CITY OF SANTA ANA, a California charter 4 city ("Santa Ana"), and the ROMAN CATHOLIC BISHOP OF ORANGE, a California Corporation Sole ("RCBO"). In this Agreement, Santa Ana and RCBO may each be individually ~°d referred to as a "Party" and collectively referred to as the "Parties." ~ .~ o ~ RECITALS: ~;: 1. The RCBO is required to provide signal improvements at the existing at-grade Union Pacific public road crossing at Raitt Street (hereinafter "said Project"). 2. The City, on behalf of the RCBO, will enter into an agreement with the Union Pacific Railroad Company to complete said Project. 3. The estimated cost of the railroad signal improvements is $60,333. 4. The RCBO has deposited with the City the sum of $59,602 (hereinafter "Deposit"). NOW, THEREFORE, based upon the foregoing Recitals, and for good and valuable consideration, the receipt and sufficiency of which is acknowledged by all Parties, the Parties agree as follows: RCBO OBLIGATIONS A. RCBO will reimburse the City of Santa Ana for expenditures in excess of the Deposit, necessary for completion of said Project. B. Reimbursement payment by the RCBO of expenses in excess of the Deposit shall be made within fifteen (15) days following receipt of written request of the City evidencing City's obligation to pay such amount. 2. CITY OBLIGATIONS A. City shall enter into an agreement with Union Pacific Railroad Company to complete said Project. B. City shall keep proper records of payments made to complete said Project.