HomeMy WebLinkAboutA9265 - Southern California Fleet Services, Inc. & Velocity Vehicle Group dba SVT Fleet LLCCONTRACT ABSTRACT
Contract/Amendment
Name of Contract:
Company Name:
Company Contact:
Email:
Summary of Services:
Contract Price:
Contract Term:
Public Integrity/ Business
Disclosure Forms:
Contract Administration
Lead Department:
Contract Administrator/ Ext:
Contract Approvals
Council/City Manager Approval Date:
Agreement Number:
Amendment Number:
Contract Compliance
Exhibits:
Insurance:
Routed By:
Bonds:
Business License:
Sole Source Co-Op
CoOp Agmt #: Sole Source
Documents: CoOp Name:
CoOp Pricing:
By: Submitted on:
Contract Abstract Form Rev 8.16.23
Authorized Signers:
Name, Email
(Corporations require 2 signatures)
Assignment, Assumption, & Consent Agreement
Southern California Fleet Services, Inc. & Velocity Vehicle Group dba SVT Fleet LLC
Tom Franchina
tfranchina@socalfleet.com
A9265 Assignment: Southern California Fleet Services, Inc. to
Velocity Vehicle Group dba SVT Fleet LLC
Tom Franchina, tfranchina@socalfleet.com
Maintenance & Facilities
David McAbee
A9625
No
-
-
Procurement
-
No N/A
N/A
N/A
6/17/2024 Brian Sotak-Rossman
DocuSign Envelope ID: 55259EB6-234C-422D-96C5-8219FBDA228B
Revised 4.13.23 Page 1 of 2
ASSIGNMENT, ASSUMPTION, AND CONSENT AGREEMENT
THIS ASSIGNMENT, ASSUMPTION, AND CONSENT AGREEMENT
(“Assignment”) is made and entered into as of the 17th day of June, 2024, by Southern
California Fleet Services, Inc., a California corporation (“Assignor”), Velocity Vehicle Group
dba SVT Fleet LLC, a California corporation (“Assignee”), and the City of Palm Springs, a
charter city, organized and existing in the County of Riverside, under virtue of the laws of the
State of California (“City”).
WHEREAS, Assignor and City entered into that certain Contract Services Agreement
A9265 dated November 15, 2022, for Fire Apparatus and Heavy Equipment Maintenance and
Repair Services (“Agreement”); and
WHEREAS, pursuant to 5.3 Prohibition Against Subcontracting or Assignment of the
Agreement, Assignor may not assign the Agreement without the written consent of the City; and
WHEREAS, on November 13, 2023, Southern California Fleet Services, Inc., notified the
City of their intent to enter into an Asset Purchase Agreement, pursuant to which it will transfer
substantially all of its assets, including Contract Services Agreement A9265 to SVT Fleet, LLC, a
wholly owned subsidiary of Velocity Vehicle Group; and
WHEREAS, Assignor desires to assign the Agreement, Assignee agrees to assume the
obligations of Assignor pursuant to the Agreement, and City desires to consent to such assignment
of the Agreement.
NOW, THEREFORE, in consideration of the premises and their respective best interests,
the parties agree as follows:
1. Assignor assigns to Assignee the rights and obligations of Assignor as provided in the
Agreement.
2. Assignee accepts the assignment of the Agreement and agrees to assume and perform all
covenants and obligations required of Assignor thereunder to the extent, but only to the
extent, occurring or accruing from and after the date hereof. Assignee covenants and agrees
to indemnify, save, defend and hold harmless Assignor from and against any and all loss,
liability, claims, causes of action, demands, damages, expenses and costs including, but
not limited to, reasonable attorneys’ fees and expenses actually incurred existing in favor
of or asserted by City under the Agreement, or any other person, and which arise out of or
relate to causes of action occurring from and after the date hereof. Assignor hereby agrees
to indemnify, save, defend and hold harmless Assignee from and against any and all loss,
liability, claims, causes of action, demands, damages, expenses and costs including, but
not limited to, reasonable attorneys’ fees and expenses actually incurred existing in favor
of or asserted by City under the Agreement, or any other person, and which arise out of or
relate to causes of action occurring prior to the date hereof.
DocuSign Envelope ID: 55259EB6-234C-422D-96C5-8219FBDA228B
Revised 4.13.23 Page 2 of 2
3.City hereby consents to the assignment by Assignor to Assignee pursuant to the terms
hereof and acknowledges that from and after the date hereof, Assignee has assumed all of
Assignor’s obligations with regard to the Agreement.
4.Assignor and City do hereby represent and warrant to Assignee neither party is in default
under the Agreement, nor does there exist any matter that, but for the passage of time,
would constitute a default under the Agreement.
5.This Assignment may be executed in any number of counterpart copies which together
shall constitute one and the same document; and a signed copy of this Assignment sent by
a party by fax or email shall be effective and binding on the sending party as if it was an
original signed copy of the document.
IN WITNESS WHEREOF, the undersigned have executed this Assignment, Assumption, and
Consent Agreement to be effective as of the day and year first above written.
ASSIGNOR: ASSIGNEE:
Southern California Fleet Services, Inc. Velocity Vehicle Group
dba SVT Fleet, LLC
By: By: __
Name: Name: __
Title: Title: __
By: By: __
Name: Name: __
Title: Title: __
CITY:
CITY OF PALM SPRINGS
By:______________________
Name:____________________
City Manager
APPROVED AS TO FORM: ATTEST:
By: ___________________________ By: _______________________________
City Attorney City Clerk
DocuSign Envelope ID: 55259EB6-234C-422D-96C5-8219FBDA228B
Tom Franchina
Tom Franchina
6/17/2024
President
President
6/17/2024
President
6/18/2024
Michael Thompson
Scott Stiles
6/19/2024