Item 15 - Agreements for Improvements to the Railroad Crossing on Warner and McFadden

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EXHIBIT 2 UP Real Estate Project No.: 0685975 PUBLIC HIGHWAY AT -GRADE CROSSING AGREEMENT Warner Avenue DOT 761248L 519.10 —Santa Ana Industrial Lead Santa Ana, Orange County, California THIS AGREEMENT ("Agreement") is made and entered into as of the day of , 20 ("Effective Date"), by and between UNION PACIFIC RAILROAD COMPANY, a Delaware corporation, to be addressed at Real Estate Department, 1400 Douglas Street, Mail Stop 1690, Omaha, Nebraska 68179 ("Railroad") and CITY OF SANTA ANA, a municipal corporation or political subdivision of the State of California to be addressed at 20 Civic Center Plaza, Santa Ana, California 92701 ("Political Body"). RECITALS: Presently, the Political Body utilizes the Railroad's property for the existing at grade public road crossing over Warner Avenue, DOT Number 761248L at Railroad's Milepost 519.10 on Railroad's Santa Ana Industrial Lead at or near Santa Ana, Orange County, California. The Political Body now desires to undertake as its project (the "Project") the reconstruction and widening of the existing at grade public road crossing to replace the warning devices. The road crossing, as reconstructed and widened is hereinafter the "Roadway." The Railroad right of way being utilized for the existing at grade public road crossing is not sufficient to allow for the reconstruction and widening of the Roadway. Therefore, under this Agreement, the Railroad will be granting additional rights to the Political Body to facilitate the reconstruction and widening of the Roadway. The portion of Railroad's property that Political Body needs to use in connection with the Roadway (including the right of way being utilized for the existing at grade crossing) is shown on the Railroad's location print marked Exhibit A attached hereto and hereby made a part hereof (the "Crossing Area"). The Railroad and the Political Body are entering into this Agreement to cover the above.