HomeMy WebLinkAboutC-7132-2A - Assignment Agreement (for PSA for Consulting/Planning Services)ASSIGNMENT AGREEMENT
r, BETWEEN THE CITY OF NEWPORT BEACH AND
SAGECREST PLANNING AND ENVIRONMENTAL
U
THIS ASSIGNMENT AGREEMENT ("Assignment') is made and entered into as of
this 5th day of March, 2020 ("Effective Date"), by and between the CITY OF NEWPORT
BEACH, a California municipal corporation and charter city ("City") and SAGECREST
PLANNING AND ENVIRONMENTAL, a California corporation ("Corporation"), whose
address is 2400 E. Katella Avenue, Suite 800, Anaheim, California 92806, and is made
with reference to the following:
RECITALS
A. On April 1, 2019, City and Sagecrest Planning and Environmental, LLC, a
California limited liability company ("LLC') entered into a Professional Services
Agreement for consulting and planning services for the processing of various
entitlement applications, commencing on April 1, 2019, and terminating on June
20, 2020 ("Agreement').
B. Pursuant to the Agreement, City agreed to compensate LLC for services on a time
and expense basis, not to exceed Seventy Five Thousand Dollars and 00/100
($75,000.00).
C. On October 22, 2019, City and LLC entered into Amendment No. One to the
Agreement, increasing the total compensation to Two Hundred Seventy Five
Thousand Dollars and 00/100 ($275,000.00), and extending the term of the
Agreement to June 30, 2021.
C. The parties desire to enter into this Assignment to assign the rights under the
Agreement from LLC to Corporation.
NOW, THEREFORE, it is mutually agreed by and between the undersigned parties
as follows:
1. ASSIGNMENT
As of the Effective Date, Corporation hereby accepts such assignment and hereby
assumes, agrees and undertakes to perform all obligations of LLC pursuant to the
Agreement as of the Effective Date. Any reference to LLC and/or Consultant in the
Agreement, shall be deemed to be a reference to Corporation.
As of the Effective Date, LLC shall have no further rights of any kind whatsoever
under the Agreement.
2. CITY CONSENT TO ASSIGNMENT
Pursuant to Section 15 of the Agreement, City approves of this Assignment.
3. INTEGRATED CONTRACT
Except as expressly modified herein, all other provisions, terms, and covenants
set forth in the Agreement shall remain unchanged and shall be in full force and effect.
4. COUNTERPARTS
This Assignment may be executed in two (2) or more counterparts, each of which
shall be deemed an original and all of which together shall constitute one (1) and the
same instrument.
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IN WITNESS WHEREOF, the parties hereto have executed this Assignment
Agreement on the date first above written.
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Date:
By:
toC. Harprney
ATTEST:
Date: 3, 10 202.0
CITY OF NEWPORT BEACH,
a California municipal corporation
Date: 3-&`20
By:
Gra e . Leung
Ci anager
SAGECREST PLANNING AND
ENVIRONMENTAL, LLC, a California limited
liability company
Date:
By: a4to By: Signed in Counterpart
Leilani I. Brown Amy Vazquez
City Clerk Member
Date:
Signed in Counterpart
Greg McCafferty
Member
SAGECREST
ENVIRONMENTAL,
corporation
In
PLANNING AND
a California
Signed in Counterpart
Amy Vazquez
Chief Executive Officer
Signed in Counterpart
By:
Greg McCafferty
Secretary
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Sagecrest Planning and Environmental Assignment Agreement Page 3
IN WITNESS WHEREOF, the parties hereto have executed this Assignment
Agreement on the date first above written.
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Date: S /S' j 2re—.)
By:
AaronHarp 3 s•�
City At. rney
ATTEST:
Date:
Leilani I. Brown
City Clerk
CITY OF NEWPORT BEACH,
a California municipal corporation
Date:
By:
Grace K. Leung
City Manager
SAGECREST PLANNING AND
ENVIRONMENTAL, LLC, a California limited
liabilityco n
Date: 3 �!
By: v
Amy Va4e
Member
Date:
Member
SAGECREST PLANNING AND
ENVIRONMENTAL, a California
corporatio 6
Date:
By:
Da
-01
Amy V"Z ue
Chief Executi ff er
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