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RESOLUTION NO. 58 <br />SERIES 2019 <br />A RESOLUTION APPROVING A GRADE CROSSING SIGNAL INSTALLATION <br />AGREEMENT WITH BNSF RAILWAY COMPANY <br />WHEREAS, the City submitted an application with the Colorado Public Utilities <br />Commission ("Commission") to upgrade the railroad crossing signals and activation equipment (the <br />"Project") at the highway -rail crossing at Dillon Road in the City of Louisville ("Application") as <br />part of the City's greater project to establish a railroad quiet zone; and <br />WHEREAS, the Application received Commission approval on August 18, 2019; and <br />WHEREAS, the City is required to execute a grade crossing signal installation agreement <br />(the "Agreement") with BNSF Railway Company for construction of the Project; and <br />WHEREAS, the City Council finds that the proposed Agreement is in the best interests of <br />the City and its citizens; <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />Section 1. The Grade Crossing Signal Installation Agreement between the City of <br />Louisville and BNSF Railway Company ("Agreement") is hereby approved in substantially the <br />same form of such Agreement that accompanies this Resolution. <br />Section 2. The Mayor and City Clerk are hereby authorized to execute the Agreement, <br />and the Mayor is hereby further authorized to negotiate and approve such revisions to the <br />Agreement as the Mayor determines are necessary or desirable for the protection of the City, so long <br />as the essential terms and conditions of the Agreement are not altered. <br />PASSED AND ADOPTED this 17th day of December, 2019. <br />Ashley St i lzman &i ayor <br />Resolution No. 58, Series 2019 <br />Page 1 of 1 <br />