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32-98 Proposed Conrail Acquisition
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32-98 Proposed Conrail Acquisition
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Last modified
5/14/2013 2:59:42 PM
Creation date
7/21/2003 9:18:46 AM
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Office Of Council
Document Type
Ordinances
Date
7/21/2003
Date Adopted
6/15/1998
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tbr other purposes and expenses determined by BRL to have been or to be related to the <br />impacts of the Conrail Transaction upon BRL.. NS will make payment of this total <br />amount of $150,000 to BR.[, no later than 30 days after the date on which the STB's <br />approval of the Transaction has become effective. The Fund shall be established and <br />administered solely by BILL or their duly appointed designee(s), and BRL shall have sole <br />responsibility for selecting, managing and maintaining the projects funded by the Fund. <br />Additionally, in the event that NS becomes obligated to make the payment of $1,000,000 <br />to the Fund pursuant to the terms of Section I. F. hereof, such payment may be used by <br />BRL, in its sole discretion, for mitigation of what BRL determines to be adverse <br />environmental impacts resulting fi:om the train frequency increases on the Nickel Plate <br />line and for other purposes and expenses dete _r~nined by BRL to have been or to be related <br />to such impacts. <br /> <br /> VI. FRA Study of Horn Noise: The parties understand that the Federal Railroad <br />.~.dministration ("FRA") is considering issuing new rules on procedures for blowing of <br />train horns at highway/rail at-grade crossings, which rules may allow communities to <br />apply for an exception to horn blowing at certain grade crossings that meet explicit <br />criteria and could be designated as "quiet zones." In the event that the FRA does issue <br />rules with such provisions, and in the further event that Bay Village, Rocky River, <br />Lakewood or any one or more of them decides to seek to qualify one or more of the grade <br />crossings in its community, as such a "quiet zone." NS a.ames to engage in discussions <br />with such community, or communities with respect to such an effort. <br /> <br /> <br />
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