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HomeMy WebLinkAbout108423 VOGEL CONCRETE - CONTRACT - BID - 5847 CONCRETE PROJECT PHASE IIASSIGNMENT OF CONTRACT Vogel Concrete Incorporated, a Colorado corporation ("Vogel Concrete"), as Seller, and VGL, Inc., a Colorado corporation ("VGL"), as Purchaser, are parties to that certain Asset Purchase Agreement dated January 17, 2006, for the sale and the purchase of certain business assets ("Asset Purchase Agreement'). Vogel Concrete and the City of Fort Collins, Colorado are parties to those certain contracts including deposits, including but not limited to the Specification and Contract Documents for Concrete Project Phase II, Bid NO. 5847 with City of Fort Collins, Purchasing Division, Bid Opening: March 31, 2004— 3:00 p.m. (hereinafter the "Contract'). Assignment Vogel Concrete, as Assignor, hereby assigns, transfers, and conveys unto to VGL, as Assignee, all rights, title and interest of the Assignor in and to the Contracts, pursuant to the terns of the Asset Purchase Agreement dated January 17, 2006, between Vogel Concrete and VGL. Assignee hereby accepts the Contract assignment, subject to all obligations, duties, responsibilities, and liabilities thereunder effective January 17, 2006. Facsimile signatures are binding on the parties. This Assignment may be signed in counterparts. IN WITNESS WHEREOF, the parties hereto have executed this Assignment as of the day and year first above below. Dated Effective: January 17, 2006. ASSIGNOR: Vogel Concrete Incorporated, a Colorado corporation Daniel A. Vogel, President 7 ASSIGNEE: VGL, Inc., a Colorado corporation By: John H. Nelson, President i H \WPCUJJ\VGL. Inc\Dots\Closing Docs\Finals\ASSIGNMENT OF CONTRACT (City ol'Fon Collins 01-I6-61.doc CONSENT The undersigned hereby consents to the assignment of the Contract set forth in this Assignment of Contract. Dated Effective: January 17, 2006. City of Fort Collins, Colorado By: r �l H:\W PCUA\VGL. Inc\Doa\Clomng Docs\FinalslASSIGNMENT OF CONTRACT (Cilr of Fon Collins 01-14-6).doc