Rail System. The Authority has entered into an agreement with the Commonwealth of Virginia pursuant to which
Rail System. The Authority and the Airlines recognize that, at the time of preparation and distribution for execution of this Agreement, the Authority has no current intention to participate in the capital of operating costs of a Rail System. The Authority will, however, be supportive of efforts of those outside the Authority to provide a Rail System to the Airport and will use its best efforts to accommodate a Rail System on the Airport. The Authority and the Airlines have mutual concerns regarding potential financial impact of future proposals or decisions relating to a Rail System. In view of these concerns, it is agreed as follows:
Rail System. 18 a. In-kind repair or replacement of safety components.
Rail System. The Authority and the Airlines recognize that, at the time of preparation and distribution for execution of this Agreement, the Authority has no current intention to participate in the capital or operating costs of a Rail System. The Authority will, however, be supportive of efforts of those outside the Authority to provide a Rail System to the Airport and will use its best efforts to accommodate a Rail System on the Airport. The Authority and the Airlines have mutual concerns regarding potential financial impact of future proposals or decisions relating to a Rail System. In view of these concerns, it is agreed as follows: (i) No operating or maintenance costs associated with any Rail System may be incurred by the Authority and/or paid for from any source of funds other than the Authority's Capital Fund unless and until such costs are addressed and mutually resolved in a written agreement between the Majority-in-Interest of the Signatory Airlines at Dulles for the Airfield Cost Center and the Authority. (ii) Any capital costs in excess of ten million dollars ($10,000,000), and all operating costs that may ultimately be incurred by the Authority as a result of its accommodation of or participation in a Rail System will be addressed in an agreement between the Majority-in-Interest of the Signatory Airlines at Dulles for the Airfield Cost Center and the Authority. The negotiation of such an agreement will commence at least six (6) months prior to the Authority's Fiscal Year in which such costs would be incurred with the objective of reaching an agreement not less than sixty (60) days prior to such Fiscal Year. (iii) In the absence of such an agreement, the aggregate of all capital costs of any rail link to Dulles which the Authority may incur is ten million dollars ($10,000,000) over the Period of this Agreement and all costs shall be allocated to the Dulles ground transportation cost center.
Rail System. The Authority and the Airlines recognize that, at the time of preparation and distribution for execution of this Agreement, the Authority has no current intention to participate in the capital of operating costs of a Rail System.
