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HomeMy WebLinkAboutShelter Ad Systems Augusta Richmond GA DOCUMENT NAME: ~\-\-ex'" F\d 3.jS~eA\)~ DOCUMENT TYPE: YEAR: C\\ BOX NUMBER: ~ FILE NUMBER: \~l NUMBER OF PAGES: a? ~ !" ~ .. ~ ASSIGNMENT This Assignment (the "Assignment") is made and entered into as of the ~ day of ~~4ne~ ' 1997, by and between Shelter Ad Systems ("SAS") and Lamar ransit Advertising ("Lamar"). WIT N E SSE T H: WHEREAS, the City Council of Augusta, SAS and Augusta Public Transit entered into an Agreement dated October 12, 1992 (the "Agreement") whereby SAS would provide shelters for bus stops throughout the City of Augusta; and WHEREAS, subsequent to this Agreement, the City of Augusta and Richmond County, Georgia were consolidated pursuant to state legislation and are now governed by the Augusta-Richmond County Commission; and WHEREAS, SAS desires to assign its rights, duties and liabilities under responsibilities under the Agreement to Lamar, Lamar desires to accept such assignment on the terms and conditions set forth herein and in the Agreement, and the County consents to said assignment. NOW, THEREFORE, for and in consideration of the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 1. Pursuant to section 10 of the Agreement, the County consents to SAS' assignment of the Agreement to Lamar under the terms and conditions set forth herein and in the Agreement. 2. Lamar hereby accepts the assignment of the Agreement by SAS, and hereby agrees that it is bound by all terms and conditions of the Agreement and that it will comply with all such terms and conditions. 3. Lamar acknowledges that, prior to this assignment, SAS was notified by the County of problems with its performance under the Agreement which had to be resolved. Lamar hereby agrees to take the following actions with regard to the aforementioned problems: a. Lamar shall replace all broken glass on all shelters covered by the Agreement with glass, lexan or plexiglass. Such replacement will be within thirty (30) days of the execution of this Assignment. b. covered by the and maintained County. Lamar shall provide maintenance of the shelters Agreement such that the shelters will be monitored on a regular basis, all to the satisfaction of the , .. . .. . WHEREFORE, the parties have set their hands and seals as of the date first above written. ~ES~/ 'i$ s lts Ie BY: LAMAR TRANSIT ADVERTISING BY: ~{../ ATTEST: c...' -- ~:'t'~ \/ ',I" ~ ..... ~.I.. - \ _ -' ~ \.... Seer tary I r l) Ii ,'e"'-.' ~ ~} ~ ~, SHELTER AD SYSTEMS BY: ~ Q.~ r ... -.;;..o......."c.~-..'-'\ '--o...~___'-o ~. ... C::><:................Q~""\.