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HomeMy WebLinkAbout7/18/2001 - STAFF REPORTS (8) DATE: June 20, 2001 TO: City Council FROM: Director of Economic Development CONSENT TO ASSIGNMENT OF A FOREIGN-TRADE ZONE CONSULTING SERVICES AGREEMENT FOR ZONE BOUNDARY EXPANSION RECOMMENDATION: That City Council approve the Consent to Assignment of a Consulting Services Agreement, between the City and Maritime Trust/Foreign-Trade Zone Solutions in the amount of$15,000,for consulting services to assist with the foreign-trade zone major boundary modification (expansion) application, to Ernst&Young. SUMMARY: The original Agreement for Foreign-Trade Zone Services between the City and Maritime Trust/Foreign-Trade Zone Solutions will be transferred to Ernst & Young. There are no other changes to the Contract Agreement which shall remain in full force and effect. BACKGROUND: On March 21, 2001, the City Council approved (MO 6819) a Contract Services Agreement between the City of Palm Springs and Maritime Trust/Foreign-Trade Zone Solutions, in the amount of$15,000 for consulting services to assist with the Foreign- Trade Zone boundary modification (expansion)application. The principal of Maritime Trust/Foreign-Trade Zone Solutions has taken a position with Ernst&Young, with an agreement to transfer open contracts to Ernst &Young. Ernst & Young has agreed to honor the Contract between the City of Palm Springs and Maritime Trust/Foreign- Trade Zone Solutions, to provide consulting services to assist with the boundary modification (expansion) application. The Contract Services Agreement will be paid from the Department of Economic Development approved 2000-01 budget, account number 001-10-1400-43200. Di or C nomiicc7D, ve�lopment APPROVED City Manager REVIEWED BY DEPT.OF FINANCE Attachments: 1) Minute Order 2) Consent to Assignment of Consulting Services Agreement 3) Maritime Trust Assignment Letter 4) Transition letter FTZ Solutions to Ernst&Young CONSENT OF ASSIGNMENT OF AGREEMENT NO.A4350 This CONSENT TO ASSIGNMENT OF AGREEMENT NO. A4350 (the "Consent") is made and entered into as of the day of 2001, between the CITY OF PALM SPRINGS ("City"),Maritime Trust/FTZ Solutions ("Assignor") and Ernst& Young LLP ("Assignee") with reference to the following facts and purposes. RECITALS A. City and Assignor are parties to that certain Agreement No. A4350, dated March 21, 2001, including any extensions, renewals or permitted amendments and modifications thereof(collective the "Agreement")concerning Foreign-Trade Zone 9236 -Major Boundary Modification Services. B. Pursuant to the Agreement,Assignor has certain rights to assign the Agreement, subject to written consent of the City. C. Assignor wishes to assign to Assignee all of the rights and obligations it has under the Agreement, and Assignor and Assignee desire to obtain the City's specific consent to such assignment. D. Based upon such representation, City wishes to consent to such assignment subject to the terms of this Consent. NOW THEREFORE, in consideration of the mutual promises of the parties hereto and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, City, Assignor and Assignee agree as follows: 1. Representations. Assignor represents and certifies the following: a. To the best of Assignor's knowledge, no default presently exists under the Agreement and no state of facts exist which would constitute a default under the Agreement. b. That all of the above recitals are true and correct. 2. Consent and Related Agreements. a. Assignee acknowledges that it has received a copy of the Agreement and is fully familiar with its terms. b. Effective as of the date of this Consent,the City specifically consents to the assignment of the Agreement to Assignee, including all rights and obligations of Assignor thereunder. 4- �Z c. Upon the date of the Consent, Assignee shall assume all obligations of Assignor under the Agreement and shall perform all duties and obligations required to be performed under the Agreement. d. Assignee acknowledges and agrees that the Agreement shall control the obligations of Assignee and City, and that the Agreement shall control over any inconsistent provision in any agreement that may exist between Assignor and Assignee. 3. Due Execution. The person(s) executing this Agreement on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii)they are duly authorized to execute and deliver this Agreement on behalf of said party, (iii) by so executing tivs Agreement, such party is formally bound to the provisions of this Agreement, and (iv)the entering into this Agreement does not violate any provision of any other agreement to which said parry is bound. 4. Full Force and Effeet. The parties further agree that, except as specifically provided in this Consent, the terms of the Agreement shall remain unchanged and in full force an effect. (Signatures on following page) -2- X A IN WITNESS WHEREOF, the parties hereto have executed and delivered this Consent as of the date written above. ATTEST: "City" CITY OF PALM SPRINGS, a California municipal corporation City Clerk City Manager APPROVED AS TO FORM City Attorney "Assignor" MARITIME TRUST/FTZ SOLUTIONS By Its "Assignee" ERNEST & YOUNG, LLP By Its -3- 06/10/2001 10:21 612-621-0939 COPISORTECH, IhIC. PAGE 02 _MAMTIME TRUST FTZ SoLUTIom June 10", 2001 Mr, George Wyatt City Of Palm Springs 3400 E TahgWtz Canyon Way Palm Springs, CA 92263 Dear George, Please accept this letter as notification that effective March 31't,20011 accepted a position with the Ernst & Young's International Trade and Customs Practice. I will be building and leading a national foreign-trade zone practice for Ernst& Young. Effective March 31", 2001, I dissolved my company Maritime Trust/FTZ Solutions. I remain committed to providing foreign-trade zone consulting services to you and your project. To this regard, I request an assignment of our agreement to Ernst & Young who has agreed to complete the terms and scope of this agreement with,my guidance. I look forward to continued opportunities of working with you. If I can provide additional information or if you have any questions please call me at 612.371,6383. Sincerel Chris Koelfgen 4821 San Juan Avenue,Fair r)aks,CA 95628 Tel:916.967.6237 Chicago,IL Darien,CT Indianapolis,IN Miami,FL Ocean Shores,WA Sacramento,CA Wash' gton,D.C. 1 ,4s- JERNST&YOUNG ■ Ernst&Young ur ■ Phone. (212)773-3000 787 Seventh Avenue www.ey.com New York,New York 10019 April 16, 2001 Mr. George Wyatt City of Palm Springs 3200 Tahquitz Canyon Way Palm Springs, CA 92262 Re: Transition from FTZ Solutions to Ernst & Youn2 LLP Dear Mr. Wyatt: On April 1 of this year, Ernst & Young LLP was pleased to welcome Chris Koelfgen to our Customs and International Trade Practice. 'iChris' many years of experience in Foreign-Trade Zones as an operator and consultant is a welcome addition to our group. I wish to assure you that Ernst & Young will provide you with the same quality of service that you have come to expect from Chris. Under Chris' direction, other professionals of Ernst & Young's Customs Practice will also serve you with respect to your customs and trade matters. I understand that you have previously agreed to professional services fees for a Major Boundary Modification of$15,000 plus out-of-pocket expenses. I also understand that you have agreed to professional services fees for an FTZ activation of$12,500 plus out-of-pocket expenses. We will, of course, honor this fee commitment to you. I am pleased that Ernst & Young has this opportunity to team with the City of Palm Springs in its Foreign-Trade Zone matters. Should you have any questions regarding this transition or any other customs matter, please call me at(212) 773-1270. Sincerely, a6crj a� Charles Crowley Partner Ernst & Young LLP cc: Chris Koelfgen, Ernst & Young LLP—Minneapolis Lou Mezzo, Ernst & Young LLP—New York Harry Isacoff- Ernst&Young LLP—New York Gerald Shirley, Ernst &Young LLP -Houston Ernst&Young ua is a member of Ernst&Young International, Ltd. / 07/18/01 15:40 FAA 949 863 3350 11URRE.NILLIAMSMURENSEN �1002 ASSIGNMENT AND CONSENT TO ASSIGNMENT OF AGREEMENTS NOS. A4342 AND A4350 This ASSIGNMENT AND CONSENT TO ASSIGNMENT OF AGREEMENTS NOS. A4342 AND A4350 ("Assignment") is made and entered into as of the day of July,2001,by and among Maritime Trust/FTZ Solutions("Assignor"), Ernst&Young LLP("Assignee")and the City of Palm Springs, a California municipal corporation ("City")with reference to the following facts and purposes. RECITALS A. Assignor and the City are parties to those certain Agreements No. A4342 for Foreign Trade Zone Activation Services, dated March 21, 2001, and No. A4350 for Major Boundary Modification Services including any extensions, renewals or permitted amendments and modifications thereof(collectively the"Agreements") concerrning Foreign-Trade Zone 4236 - Activation Services. B. Pursuant to the Agreements,Assignor has certain rights to assign the Agreements, subj ect to written consent of the City. C. Assignor wishes to assign to Assignee all of the rights and obligations it has trader the Agreements, Assignee wishes to accept the assignment of the Agreements and City wishes to consent to the assigmnent, all subject to the provisions of this Assignment. AGREEMENT NOW THEREFORE, in consideration of the mutual promises of the parties hereto and for other good and valuable consideration,the receipt and sufficiency of which is hereby acknowledged, Assignor and Assignee agree as follows: i. Representations. Assignor represents and certifies the following: a. To the best of Assignor's knowledge,no default presently exists under either of the Agreements and no state of facts exist which would constitute a default under the Agreements. b. That all of the above recitals are true and correct. 2. Assignment and Acceptance. a. Assignee acknowledges that it has received a copy of the Agreements and is fully familiar with its terms. IRV#13159 v1 -1- &d /v ( wt 7 07/18/01 15:40 FAX 949 863 3350 BURRE.WILLIAMS&SORENSEN laoo3 11 b. Assignor hereby assigns to Assignor all of Assignee's interest in the Agreements. b. Effective as of the date of this Assignment, the City specifically consents to the assignment of each of the two Agreements to Assignee, including all rights and obligations of Assignor thereunder, subject to the limitations set forth at Paragraph e below. c. Upon the dale of this Assigrunent,Assignee shall assume all obligations of Assignor under the Agreements and shall perform all duties and obligations required to be performed under the Agreements, subject to the limitations set forth at paragraph e below. d. Assignee aelmowledges and agrees that the Agreements shall control the obligations of Assignee and City, and that the Agreements shall control over any inconsistent provision in any agreement that may exist between Assignor and Assignee. C. The parties agree that any liability of Assignee under the Agreements shall be limited by the following Section 4.2.1,which Section 4.2.1 shall be incorporated as part of each of the Agreements immediately after Section 4.2 therein: 4.2.1 Limitation of Liability. Notwithstanding the provisions of Section 4.2 of this Agreement, for any breach of any provision of this Agreement, City's exclusive remedy, and Contractor's entire liability, shall be limited to re-performance of the relevant services. If Contractor is unable to re-perform the services as warranted, City shall be entitled to recover the fees paid to Contractor for the deficient services. To the fullest extent permitted by applicable law, the total aggregate liability of Contractor to the City under the Agreement,regardless of whether such liability is based upon breach of contract, tort, strict liability, breach of warranties, failure of essential purpose or otherwise, shall be limited to the fees paid by the City to Contractor pursuant to the respective contract under which the liability arises.In no event will Contractor be Liable for consequential, incidental, indirect,punitive or special damages (including loss of profits,business or goodwill), from all causes of action of any kind, including contract, tort or otherwise, even if advised of the likelihood of such damages occurring. The City's recourse with respect to any liability of Contractor shall be limited to the assets of Contractor and the City shall have no recourse against, and shall bring no claim against, any partner or employee of Contractor or any of the assets thereof. 3. Due Execution. The person(s) executing this Assignment on behalf of the parties hereto warrant that (i)such party is drily organized and existing, (ii)they are duly authorized to execute and deliver this Assignment on behalf of said party, (iii) by so executing this Assignment, such party is formally bound to the provisions o f this Assigrmlent, and (iv)the entering into this Assignment does not violate any provision of any other agreement to which said party is bound. IRV#13159 vl _2_ O7J18J01 15:42 FAX 949 893 3350 BuRKG,1TILLIAMS&S0RENSEN Q700IJ001 4. Full Force and Effect. The parties furfher agree that, except as specifically provided in this Assignment, the terns of each of the Agreements shall remain unchanged and in full force an effect. IN WITNESS WHEREOF, the parties hereto have executed and delivered this Assignment as of the date written above. "Assignor" MARITIME TRUST/FTZ SOLUTIONS By Its "Assignee" ERNEST & YOUNG, LLP By Its By Its "City" CITY OF PALM SPRINGS, a California municipal cotporation ATTEST: By City Cleric City Manager APPROVED AS TO FORM: City Attorney IRV#13159 vI -3- MINUTE ORDER NO. 6885 APPROVING THE CONSENT TO ASSIGNMENT OF A CONSULTING SERVICES AGREEMENT FOR CONSULTING SERVICES TO ASSIST WITH THE FOREIGN-TRADE ZONE #236 MAJOR BOUNDARY MODIFICATION (EXPANSION), BETWEEN THE CITY AND MARITIME TRUST/FOREIGN-TRADE ZONE SOLUTIONS, IN THE AMOUNT OF $15,000, TO ERNEST & YOUNG, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY. ------------------ I HEREBY CERTIFY that this Minute Order, approving Consent to Assignment of a Consulting Services Agreement for consulting services to assist with the Foreign-Trade Zone #236 major boundary modification (expansion), between the City and Maritime Trust/Foreign-Trade Zone Solutions, in the amount of$15,000, to Ernest & Young, in a form acceptable to the City Attorney, was adopted by the City Council of the City of Palm Springs, California, in a meeting thereof held on the 18th day of July, 2001. PATRICIA A. SANDERS City Clerk