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HomeMy WebLinkAboutIMPACT DEVELOPMENT FUND - CONTRACT - RFP - 8740 FINANCIAL SERVICES FOR CITY LOAN PROGRAMSASSIGNMENT OF CONTRACT Funding Partners for Housing Solutions DBA Funding Partners, as Assignor, and Impact Development Fund, as Assignee, enter into this Assignment of Contract (“Assignment”), transferring obligations for Financial Services for City Loan Programs under City of Fort Collins RFP No. 8740 (hereinafter, the “Agreement") from Assignor to Assignee. Assignment Funding Partners for Housing Solutions DBA Funding Partners, as Assignor, hereby assigns, transfers, and conveys unto Impact Development Fund, as Assignee, all rights, title, and interest of the Assignor in and to the Agreement. Assignee hereby accepts the assignment and agrees to be bound by all of the terms and conditions of the Agreement including all obligations, duties, responsibilities, and liabilities of Assignor thereunder. Assignee shall maintain insurance coverage naming the City of Fort Collins as an additionally insured of the type and with the limits specified in the Agreement and provide evidence of the same at the time of Assignment execution. Electronic 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 below. ASSIGNOR: Funding Partners for Housing Solutions DBA Funding Partners By: ___________________________ Printed: Title: ASSIGNEE: Impact Development Fund By: ___________________________ Printed: Title: CONSENT The City of Fort Collins hereby consents to the assignment of the Agreement by Funding Partners for Housing Solutions DBA Funding Partners to Impact Development Fund, but by this consent the City does not hereby release Funding Partners for Housing Solutions DBA Funding Partners from its continuing obligations for work pursuant to the Agreement. Dated Effective: November 15, 2018 CITY OF FORT COLLINS, COLORADO By: Gerry Paul Director of Purchasing DocuSign Envelope ID: DF7C3DBF-DBF9-4DAB-B0B2-97D468B16914 Executive Director Executive Director Sean Doherty Sean Doherty 11/16/2018 Sunahara Insurance Agency LLC / The Ahbe Group 6635 S Dayton St., Ste 360 Greenwood Village CO 80111 Jason Sunahara (303)736-9441 (303)773-8331 info@insuresme.net Impact Development Fund 1905 Sherman St #210 Denver CO 80203 The Hartford 29459 Travelers Casualty & Surety of 19046 AmTrustNorth American, Inc 15954 CL174466737 A X X X X 34SBAII7479 5/15/2018 5/15/2019 1,000,000 1,000,000 10,000 1,000,000 2,000,000 2,000,000 A X X 34SBAII7479 5/15/2018 05/15/2019 1,000,000 B Y UB1H543472 5/15/2018 5/15/2019 X 1,000,000 1,000,000 1,000,000 C Directors and Officers WDO142252201 11/12/2018 11/12/2019 Directors & Officers Agg 2,000,000 City of Fort Collins is an additional Insured for general and auto liability as pertains to the operations of the insured by written contract. Cancellation will be provided 30 days written notice, *Except 10 days for non-payment of policy premium City of Fort Collins PO Box 580 Fort Collins, CO 80522 (970)221-6378 Sunahara Ins Agency, The ACORD name and logo are registered marks of ACORD CERTIFICATE HOLDER © 1988-2014 ACORD CORPORATION. All rights reserved. ACORD 25 (2014/01) AUTHORIZED REPRESENTATIVE CANCELLATION CERTIFICATE OF LIABILITY INSURANCE DATE (MM/DD/YYYY) JECT LOC PRO- POLICY GEN'L AGGREGATE LIMIT APPLIES PER: CLAIMS-MADE OCCUR COMMERCIAL GENERAL LIABILITY PREMISES (Ea occurrence) $ DAMAGE TO RENTED EACH OCCURRENCE $ MED EXP (Any one person) $ PERSONAL & ADV INJURY $ GENERAL AGGREGATE $ PRODUCTS - COMP/OP AGG $ DED RETENTION $ CLAIMS-MADE OCCUR $ AGGREGATE $ UMBRELLA LIAB EACH OCCURRENCE $ EXCESS LIAB DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required) INSR LTR TYPE OF INSURANCE POLICY NUMBER POLICY EFF (MM/DD/YYYY) POLICY EXP (MM/DD/YYYY) LIMITS PER STATUTE OTH- ER E.L. EACH ACCIDENT E.L. DISEASE - EA EMPLOYEE E.L. DISEASE - POLICY LIMIT $ $ $ ANY PROPRIETOR/PARTNER/EXECUTIVE If yes, describe under DESCRIPTION OF OPERATIONS below (Mandatory in NH) OFFICER/MEMBER EXCLUDED? WORKERS COMPENSATION AND EMPLOYERS' LIABILITY Y / N AUTOMOBILE LIABILITY ANY AUTO ALL OWNED SCHEDULED HIRED AUTOS NON-OWNED AUTOS AUTOS AUTOS COMBINED SINGLE LIMIT BODILY INJURY (Per person) BODILY INJURY (Per accident) PROPERTY DAMAGE $ $ $ $ THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSD ADDL WVD SUBR N / A $ $ (Ea accident) (Per accident) OTHER: THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: INSURED PHONE (A/C, No, Ext): PRODUCER ADDRESS: E-MAIL FAX (A/C, No): CONTACT NAME: NAIC # INSURER A : INSURER B : INSURER C : INSURER D : INSURER E : INSURER F : INSURER(S) AFFORDING COVERAGE SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. INS025 (201401) DocuSign Envelope ID: DF7C3DBF-DBF9-4DAB-B0B2-97D468B16914