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HomeMy WebLinkAbout6209a RESOLUTION NO. 6209 A RESOLUTION CONSENTING TO THE ASSIGNMENT OF THE GOLF COURSE RESTAURANT CONTRACT BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: nnnm7net l The City of Pueblo, a Municipal Corporation, does hereby con- sent to the assignment of the Contract dated June 4, 1981 (the "Contract ") and the Agreement dated November 12, 1984 (the "Agreement ") both relating to the operation of the City Park Golf Course Restaurant from Frank G. DeJoy, Frank A. DeJoy and Martin G. DeJoy (the "Assignors ") to Frank G. DeJoy and Martin G. DeJoy (the "Assignees "). SECTION 2 The Assignment and Acceptance attached hereto and incorpor ated herein executed by said Assignors and Assignees is hereby approved and Frank A. DeJoy is hereby released from all obliga- tions under the Contract and Agreement. The Contract and the Agreement shall not be further assigned without prior written consent of the City. INTRODUCED: June 13, 1988 By MICHAEL OCCIiIATO Councilman APPROVED: Pr ident of the City Council- ASSIGNMENT AND ACCEPTANCE FOR VALUE RECEIVED, Frank A. DeJoy, Frank G. DeJoy and Martin G. DeJoy (the "Assignors ") hereby sell and assign, effective June 13, 1988, to Frank G. DeJoy, 3201 Baltimore, Pueblo, Colorado, 81008, and Martin G. DeJoy, 1806 Berkley, Pueblo, Colorado, 81004, (the "Assignees ") their heirs and approved assigns, all of the Assignors' right, title and interest in and to a certain Contract dated June 4, 1981, entered into between I &W Enterprises, Inc., and the City of Pueblo and that certain Agreement entered into on the 12th day of November, 1984 between Oscar Harfert and the City of Pueblo for the operation of the City Park Golf Course Restaurant and Lounge. In consideration of the Assignment of said Contract and Agreement set forth above by Assignors to Assignees, Assignees hereby agree and assume to make all the payments and perform all the covenants and agreements in said Contract and Agreement required by the Assignors to be performed and to hold Assignors harmless from any liability therefor and to indemnify Assignors against any loss suffered as a result of Assignees' failure to comply with the terms of the Contract and Agreement set forth above. Executed at Pueblo, Colorado, this day of June, 1988. ASSIGNEES ASSIGNORS F ank G. DeJoy Frank A. DeJoy ✓ �- t D o Mart G. DeJoy Fr nk G. DeJoy Ja Marti G. DeJoy