HomeMy WebLinkAboutC2020-277 - 8/13/2020 - NA ASSIGNMENT AGREEMENT
Tamez Development Corporation of 823 Kinney St., Corpus Christi, Texas, 78401 (the
"Assignor") assigns the entirety of the Assignor's contractual rights and obligations under the
contract dated February 26, 2020, document number 2020009512, for Wastewater Force Main
and Lift Station Construction and Reimbursement Agreement for$1,965,620.00 with City of
Corpus Christi of 2406 Leopard Street P. 0. Box 9277, Corpus Christi, Texas, 78401, which is
attached hereto as Schedule "A", to London Development, LLC of 823 Kinney St., Corpus
Christi, Texas, 78401 (the "Assignee").
In consideration thereof, the Assignor acknowledges receipt of Transferring agreement from
one entity to another entity. from the Assignee.
The Assignor warrants and covenants the following with regard to the contractual rights which
the Assignor has assigned:
1. that they are still owing to the Assignor over and above all claims for set-off or otherwise;
2. that the Assignor has the right to assign the contract;
3. that the Assignor will not, after this Assignment takes effect, receive and accept the
assigned contractual rights;
4. that the Assignor will not do any act which may prevent or hinder the Assignee from
enforcing the assigned contractual rights; and
5. that the Assignor has not done or knowingly permitted any act, deed or thing by
which the contractual rights can be impeached or affected in any manner.
The Assignor directs City of Corpus Christi to complete the contractual obligations, which
would otherwise be owed to the Assignor, but which have been transferred as indicated
herein, with the Assignee.
It is agreed that this Assignment will ensure to the benefit of and be binding upon the parties to
this Assignment, their heirs, executors, administrators, successors and assigns, respectively.
This Agreement will be construed in accordance with and governed by the laws of the State of
Texas.
(Signature Pages Follow)
Page 1 of 3
SCANNED
ASSIGNMENT AGREEMENT
Tamez Development Corporation
By: _.
John C. Tamez, President
STATE OF TEXAS §
COUNTY OF IQ AQ CPS
This instrument was acknowledged before me ony. 1-- / , 2020, by
John C. Tamez, President, Tamez Development Corporation, a Texas Company, on behalf of
said company.
11 A
/1" --, REBECCA ANN HINOJOSANotary Public's Signature
; My Notary ID#130066391
'z Expkes January 5,2023
London Development, LLC
-_
By:
John Fez, President
STATE OF TEXAS §
COUNTY OF '+v u-ece S §
This instrument was acknowledged before me on6,t-Ukik`,CF Z-f' , 2020, by
John C. Tamez, President, London Development, LLC, a Texas Ihited liability corporation, on
behalf of said company.
a-tiaLee- 1k— `1\ CS'a -
ca Attiy,W06A Notary Public's Signature
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'�+;;�y `••`_ Expires ._ --- Page 2 of 3
ASSIGNMENT AGREEMENT
Consent to Assignment. The City hereby consents to and approves of the assignment by
Tamez Development Corporation of its duties, rights and obligations under the Wastewater
Force Main and Lift Station Construction and Reimbursement Agreement to London
Development, LLC pursuant to section 18 of the Wastewater Force Main and Lift Station
Construction and Reimbursement Agreement.
CITY • ORPUS CHRISTI
i/t: &AA
I R:ympnd III
Director of Development Services
For the ity Manager
STATE OF TEXAS §
COUNTY OF tJVQ. - §
This instrument was acknowledged before me on `,g U S 1 3 • , 2020, by Al
Raymond III, for the City of Corpus Christi, Texas, a Texas Municipality, on behalf of said entity.
' us Notary
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s��`;, yotaryDrt25029965
ai'4•11 My Commission Expires i
Decemolr i, 2023 Public's NotarySignature
APPROVED AS TO FORM:
By: ( 7/?�,
Buck Brice
Assistant City Attorney
for the City Attorney
Page 3 of 3
Nueces County
Kara Sands
Nueces County Clerk
*VG-53-2020-2020035607*
Instrument Number: 2020035607
Official Public Records
ASSIGNMENT
Recorded On: August 14, 2020 12:33 PM Number of Pages: 4
" Examined and Charged as Follows: "
Total Recording: $19.00
STATE OF TEXAS
_—"0“Y CpU4>lei Nueces County
, *## I hereby certify that this Instrument was filed in the File Number sequence on the date/time
�„L printed hereon, and was duly recorded in the Official Records of Nueces County,Texas
r/Na $i
I,Ga, NUE��,=-~'' Kara Sands
Nueces County Clerk /1G
Nueces County, TX »s000JJJ
*********** THIS PAGE IS PART OF THE INSTRUMENT***********
Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY
because of color or race is invalid and unenforceable under federal law.
File Information: Record and Return To:
Document Number: 2020035607 DEVELOPMENT SERVICES CITY OF CC
Receipt Number: 20200814000114 2406 LEOPARD STREET
Recorded Date/Time: August 14, 2020 12:33 PM
User: Maria H CORPUS CHRISTI TX 78408
Station: CLERK01