Traffic Signal – Xxxxxx and Pine Sample Clauses

Traffic Signal – Xxxxxx and Pine. Except as otherwise provided in this Paragraph 3.9, SED is responsible for designing and constructing the traffic signal, which may include modification of the existing signal, at Xxxxxx Avenue and Pine Street (the “Signal”). SED and the City acknowledge that the Florida Department of Transportation, “FDOT,” intends to include the design and construction of the Signal in the I-4 Expansion Project (the “FDOT Project”). In such an event, SED shall be responsible for its prorated costs associated with the design and construction, of the Signal, (the “Prorated Signal Costs”). The Prorated Signal Costs are estimated at approximately one third (1/3) of the total design and construction costs of the Signal but will ultimately be determined by FDOT as part of an agreement with SED and the City. If FDOT pays the full costs associated with design and construction of the Signal, SED shall not be required to pay for any costs associated with the Signal, but if FDOT does not pay the full costs associated with design and construction of the Signal, then SED shall be responsible for the Prorated Signal Costs. City shall not be responsible for any portion of the Signal costs. In any event, the Signal must be completed and operational prior to the issuance of a certificate of occupancy for the Hotel. The design and construction of the Signal shall be in accordance with the City of Orlando’s criteria. In the event that FDOT or other governmental agency owns any portion of the real property between the Hotel and Convention Center Parcel and the right of way for South Xxxxxx Avenue needed to construct the Signal and access to the Hotel and Convention Center Parcel, the City hereby agrees to cooperate with SED in good faith in their discussions with FDOT to remove and relocate any facilities or improvements that may exist on said real property owned by FDOT to another site. City shall not be obligated to incur any costs with respect to this effort. In the event that the FDOT Project alters the location and/or size of the Signal, City shall use its best efforts to ensure that the I-4 expansion project shall include parameters required to accommodate the future re-introduction of Pine Street.
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Related to Traffic Signal – Xxxxxx and Pine

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