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1984-004
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1984-004
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Last modified
4/18/2023 11:32:39 AM
Creation date
4/18/2023 11:04:47 AM
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Template:
Resolutions
Resolution Number
1984-004
Approved Date
01/25/1984
Subject
Establishing "River Run Water & Wastewater System Franchise"
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ASSIGNMENT <br />THIS AGREEMENT by and between Muller Enterprises, Inc., <br />hereinafter referred to as "Developer", Purowater Utilitiy Systems, <br />Inc. corporation, hereinafter referred to as "Assignee", and <br />General Development Utilities, Inc., a Florida corporation, <br />hereinafter referred to as "Utilities". <br />WHEREAS, Developer desires to assign that certain Agreement <br />executed by Developer and Utilities on December 5, 1983 (the <br />"Agreement") to Assignee. <br />WHEREAS, Assignee has agreed to assume the obligations of <br />Developer under the Agreement. <br />WHEREAS, Developer ;,-is agreed to continue to remain responsible <br />for all actions and representations of Developer under the Agreement <br />should Assignee fail to perform. <br />WHEREAS, utilities has been requested to consent to the <br />assignment of the Agreement to Assignee and to continue to serve <br />consumers within the the area owned and developed by Developer. <br />NOW, THEREFORE, POR AND IN CONSIDERATION OF THE <br />MUTUAL COVENANTS EXCHANGED BY AND AMONG THE PARTIES HERETO <br />AGREE AS FOLLOWS: <br />1. Developer for and in consideration of the sum of $10.00 <br />and other valuable consideration and receipt of which is hereby <br />acknowledged has granted, bargained, sold, assigned, and transferred <br />and by these presents does grant, bargain, -jell, assign and transfer <br />and set over unto Assignee the Agreement, a copy of which is <br />attached as Exhibit A. <br />2. Assignee hereby agrees to assume all obligations under <br />the Agreement attached as Exhibit A. <br />3. Developer shall remain fully responsible for all actions <br />required by Developer under the Agreement attached as Exhibit A <br />regardless of this Assignment. <br />4. Utilities hereby consents to the Assignment of the <br />Agreement solely upon the condition that Developer shall remain fully <br />liable and responsile for all actions required by the Developer <br />and all representations made by Developer under the Agreement• <br />attached as Exhibit A. <br />K <br />I <br />I <br />I <br />
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