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Agenda 04/13/2010 Item #16E 8 Agenda Item No. 16E8 April 13, 2010 Page 1 of 5 EXECUTIVE SUMMARY Recommendation to approve and authorize the Chairman to sign the Assumption Agreement from Trutwin Industries, Inc., to RoadSafe Traffic Systems, Inc., for Roadway Paint, Thermoplastic Markings, and Raised Markers. OBJECTIVE: To complete the assignment of the agreement from the original party, Trutwin Industries, Inc. ("Trutwin"), to RoadSafe Traffic Systems, Inc. ("RoadSafe"). CONSIDERATIONS: The original contract, #06-3918 "Roadway Paint, Thermoplastic Markings, and Raised Markers", was dated April 25, 2006, and approved by the BCC as Agenda Item 16.B.10. The Contract was by and between Collier County and Trutwin. The Traffic Operations and Roadway Maintenance departments utilize the services provided under this contract. Subsequently, RoadSafe purchased the assets of Trutwin on February 26, 2010, County staff was notified on February 23, 2010, of the asset purchase. Following the Procurement Administration Procedures, staff has acquired the necessary documents from RoadSafe which have been reviewed and approved by the County Attorney's staff. The Purchasing Department is recommending approval of the assumption of this Contract by the new firm. FISCAL IMPACT: There is no fiscal impact. GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This agreement has been reviewed by the County Attorney and is legally sufficient for Board action. -JAK RECOMMENDATION: That the Board of County Commissioners approves and authorizes the Chairman to sign the Assumption Agreement Trutwin to RoadSafe, for Roadway Paint, Thermoplastic Markings, and Raised Markers. PREPARED BY: Diana De Leon, Contracts Technician, Purchasing Department Item Number: Item Summary: Meeting Dale: Agenda Item No. 16E8 April 13, 2010 Page 2 of 5 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS 16EB Recommendation to approve and authorize the Chairman to sign the Assumption Agreement from Trutwin Industries, Inc., to RoadSafe Traffic Systems, inc., for Roadway Paint, Thermoplastic Markings, and Raised Markers. 4/13/2010 9:00:00 AM Date Prepared By Diana DeLeon Administrative Services Division Contracts Technician Purchasing & General Services 31251201010:26:07 AM Date Approved By Steve Carnell Administrative Services Division Director - Purchasing/General Services Purchasing & General Services 3126/2010 3:58 PM Len Golden Price Date Approved By Administrative Services Division Administrator - Administrative Services Administrative Services Division 4/2120108:17 AM Date Approved By OMS Coordinator County Manager's Office Office of Management & Budget 4/2/20109:19 AM Date Approved By Jeff Klatzkow County Attorney 4/2/20103:11 PM Date Approved By Therese Stanley Office of Management & Budget Manager - Operations Support - Trans Office of Management & Budget 4/5/20104:51 PM Date Approved By Leo E. Ochs, Jr. County Managers Office County Manager County Managers Office 4/6/201012:08 PM Agenda Item No. 16E8 April 13, 2010 Page 3 of 5 ASSUMPTION AGREEMENT This Assumption Agreement is made and entered into as of ,2010, by and between RoadSafe Traffic Systems, Inc. ("RoadSafe") and Collier County, a political subdivision of the State of Florida ("County"). WHEREAS, on April 25, 2006, the Collier County Board of County Commissioners entered into an Agreement with Trutwin Industries, Inc., for Roadway Paint, Thermoplastic Markings, and Raised Markers (attached hereto as Exhibit A, and hereinafter referred to as the "Agreement"); and WHEREAS, RoadSafe hereby represents to Collier County that by virtue of an asset purchase agreement RoadSafe is the successor in interest to Trutwin Industries, Inc., in relation to the Agreement; and WHEREAS, the parties wish to formalize RoadSafe's assumption of rights and obligations under the Agreement effective as of the date first above written NOW THEREFORE, IN CONSIDERATION of the mutual promises in this Assumption Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are acknowledged by the parties, it is agreed as follows: I. RoadSafe accepts and assumes all rights, duties, benefits, and obligations of the Contractor under the Agreement, including all existing and future obligations to pay and perform under the Agreement. 2. RoadSafe will promptly deliver to County evidence of insurance consistent with page II and 12 of the Agreement. 3. Except as expressly stated, no further supplements to, or modifications of, the Agreement are contemplated by the parties. 4. Notice required under the Agreement to be sent to Contractor shall be directed to: CONTRACTOR: RoadSafe Traffic Systems, Inc. Attention: Doug Crouse 8031 Mainline Parkway Fort Myers, Florida 33912 5. The County hereby consents to RoadSafe's assumption of the Agreement. No waivers of performance or extensions of time to perform are granted or authorized. The County will treat RoadSafe as the Contractor for all purposes under the Agreement. Agenda Item No. 16E8 April 13, 2010 Page 4 of 5 IN WITNESS WHEREOF, the undersigned have executed and delivered this Assumption Agreement effective as of the date first above written. COLLIER COUNTY: ATTEST: DWIGHT E. BROCK, Clerk BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA By: Deputy Clerk Fred W. Coyle, Chairman RoadSafe Traffic Systems, Inc. By: Kathleen Holst, COO/RVP Attest: Corporate Secretary Date: Date: sufficiency: 2 Agenda Item No. 16E8 Aprii 13,2010 Page 5 of 5 TRUTWIN INDUSTRIES, INC. N031 Mainline Parkway Fort Myers, FL 33912 February,t.,3,2010 Collier County Govcrnment Alln: Bob Tipton 438-6019 Collier County Traffic Ope"'dtions, 2885 S Horseshoe Drive, Naples, FL 34104 Re: Consent with respect to PO#4500111958 Roadway Paint, Thermoplastic Markings, and Raised Markers (the "Contract") dated 10/1/09 betwecn Trutwin (as defined hclow) and Collier County Government (the "Consenting Party") To whom it mal' concern: Pursuant to an asset purchase agrecment to be executed on or about February ~, 2010 (the "Purchase Agreement") bctween RoadSafe Traffic Systems, Inc. or an affiliate thereof (collectively, "'Buyer"), Trut",;n Industries, Inc. ("'Trutwin") and Joseph Trutwin, Trutwin desires to transfer to Buyer substantially all of its assets and certain of its liabilities, including, without limitation, the rights and post closing performance obligations under the Contract (collectively. the "'Transfer"). The Contract requires that Trotwin secure the consent of Consenting Party in connection with the Transfer and related assignment of the Contract. We hereby request your consent to the Transfer and the related assignment of the Contract to Buyer and your confirmation that the Contract will remain in full force and effect pursuant to its terms. Please indicate such consent and your confirnlation that the Contract will remain in full force ","d ef~~c; by coun.~~r-signing a copy of/his .Ict~cr an;!Jcl~J1ling one copy to Trutwin vi~ faCSImIle at ..c}/-4'1:1-h }! and to the attemlon oj),'>,/,I, lrt.rm"fJt IS hereby understood that 111 the event that the aforementioned Transfer and assignment of the Contract does not occur. your consent shall he null and void. The assets of Trutwin Industries, Inc. will remain at K03] Mainline Pkwy., Fort Myers, under RoadSafe Traffic Systems, Ine, ownership atier closing. Sincerely, TRUTWIN INDUSTRIES, INC. r1 (" ...____.-~.. , ,</ By: <,~ ~J .,7.( "~l".o~ / ~ Nar6e: .IO'seph F. Trutwin Title: President Collier County Government hereby consenls to thl: foregoing: By: Name: Title: Date: 128959.0010511197101)Ov.1