Common Contracts

1 similar Direct Access Agreement contracts

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Direct Access Agreement • June 24th, 2024

STATE State of Vermont, Agency of TransportationDivision of Policy, Planning & Intermodal Development Rail & Aviation Bureau219 North Main StreetBarre, Vermont 05641 RAIL TRAIL Lamoille Valley Rail Trail (“LVRT”) formerly the St. Johnsbury and LakeChamplain Railroad Company USER Town of Danville 36 Route 2 WestDanville, Vermont 05828 DATE OF EXECUTION , 2024 DATE OF COMMENCEMENT , 2024 DATE OF TERMINATION , 2049 TERM This Agreement shall continue in force for an initial term of five (5) years. RIGHT OF RENEWAL After initial term, USER has the right to renew license for four (4) additionalsuccessive terms of five (5) years each, for a total of twenty-five (25) years. DESCRIPTIONOF DIRECT ACCESS One (1) private, at-grade Direct Access from the southerly side of the rail trail, twenty feet (20.0’) in width, upon and across the property of STATE at or near a point identified as valuation station 595+06.949, approximate railroad milepost 11.270, in the Town of Danville, County of Cale

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