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HomeMy WebLinkAbout1359 ~ r : ~ - l ; : l. Each party shall have the right to u'se the railroad ,. siding now existinq on the easements described herein~above • .L . on an equal-time basis. - ~ ' _~ -- - ~ ~ -~: .. ~ . ' 2. •I'he parties agree that they shal~ share the cost;~ ~ ~ of rr,ainter,ance of the existing railroad siding on bot~h of their • • properties on a prorata basis as to use. Each party shall- ' keep a record of its usage on a tonnage basis and~interchange this infor~r,ation at the end of each calendar year. 3. Use of the siding existing or hereafter to be con- structed on the above-described easements by third parties shall on1X be with the mutual agreement of first and second party and any revenue realized from such third party use shall be shared equally by first and second parties. This provision shall not apply to first party's existing three contracts with - I-95, St. Lucie County projects, two of which are with Capaletti- Brothers and one with B.S.I, . - _~ _~ 4.~ Either party ir.ay canstrLCt a paral lel . track= inc? udinq.~_:'; _ an overhead trap~unloading facility on the easements~8escribed_,- ~ a~ove and the other party shall have the option to ~hare in the cost of cor.struction and like~ise ~share in the use of the track and any revenues realized there~rom. In the event the party not cor.structing the track shall choose not to exercise ~is r,Dtion to share in the construction cests, the ~art}• constructing the track shall have exclusive use thereof. S. For a p~riod of tk•o (2) years from the ~ate hereof, first party agrees that he shall not seek a permit to erect an asphalt plant on its property described in sche3ule B-__ at~ached hereta, and further agrees that, in the e~•ent second par~y st-,all construct an asphalt plarit on the prcr~erty descr::.ed , in sc :z4::le ~ in said *_:-~o-;-e~= i eri~d, it shall not thereafter construct such a plant on the property described in schedule B .~~'~ 351 ~:~E 13~5 RI~MAftD C C45TOR -•ttt~~wt• ~T l~M . I11 l.~CUti[i /~YI MUl N~~. LA4l AL~7M /\C~YIn• ])~~0~ IM01~1[ Ik~~ •1~.~7V ~