HomeMy WebLinkAboutWillet Hoffman, Inc. Consent to Assignment of Software License 10.05.2020 CONSENT TO ASSIGNMENT
WHEREAS, the City of Waterloo, IA and Ament, Inc. ("Ament"), entered into the
following contract(s):
• Downtown Fiber Optic and Camera project, Iowa DOT Project Number STBG-SWAP-
8155(769)—SG-07, City of Waterloo Project Number TOF-234, dated March 11, 2020
(the "Contract(s)").
• Ansborough Avenue Improvements, Iowa DOT Project Number STP-A-8155(757) 87-
06; Agreement Number 2017-ICAAP-05, dated, January 27, 2020.
• West Ridgeway Avenue at Greyhound Drive – Traffic Safety Improvements, dated July
14, 2020.
(the "Contract(s)").
WHEREAS, Ament has elected to enter into an Asset Purchase Agreement for the sale
substantially all of Ament's assets to Willett Hoffmann & Associates Inc. (the "Buyer"), in the
foreseeable future; and
WHEREAS, the Buyer desires to assume the Contract(s);
THEREFORE, The City of Waterloo, Iowa hereby consents and agrees to the assignment
and transfer of the Contract(s) to the Buyer contingent upon the successful consummation of the
transaction contemplated in the Asset Purchase Agreement.
Quentin }-fart
By: Quentin Hart
Its: Mayor