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HomeMy WebLinkAbout059932-CA1 - General - Contract - Cushman & Wakefield Regional, LLCCSC No. 59932-CAl CITY OF FORT WORTH ASSIGNMENT Cushman & Wakefield of Texas, Inc. and the City of Fort Worth are parties to that certain Non -Exclusive Real Property Appraisal Service Agreement dated on or about August 15, 2023, CSC 59932 (the "Contract"). For value received Cushman & Wakefield of Texas, Inc. ("Assignor"), hereby assigns to Cushman & Wakefield Regional, LLC ("Assignee"), all of its right, title and interest in and to the Contract, including any and all sums of money now due or to become due from the City of Fort Worth to Assignor the Contracts and Assignee agrees to assume and perform all duties and obligations required by Assignor under the terms of the Contract. This Assignment constitutes the entire agreement between Assignor and Assignee with respect to the subject matter hereof. No modification of any provision of this Assignment shall be effective unless in writing and signed by Assignor and Assignee. This Assignment shall inure to the benefit of and be binding upon Assignor and Assignee and their respective successors and assigns. This Assignment shall be governed by the terms of the original Contract and individual appraisal assignments between Assignor and various other entities and the City of Fort Worth and the laws of the State of Texas, without application of principles of conflicts of law. This Assignment may be executed in one or more counterparts each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Signed signature pages may be transmitted by facsimile or e-mail, and any such signature shall have the same legal effect as an original. Dated the 1 *7 day of �! `� (� 2025. Cushman & Wakefield of Texas, Inc. (Assignor) , By: Print: Title: 4"Presiditof Tax Cushman & Wakefield Regional, LLC (Assignee) By: Print: 6r : L,i_ Title: Director OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Assignment Page 1 of NOTARY ACKNOWLEDGEMENT On the day of �� _ 2026, personally appeared GyA4- who acknowledged -to me that (s)he is the Vice President of Finance of Cushman & Wakefield of Texas, Inc. ("Assignor"), and that (s)he executed this document for the purposes and consideration contained herein. Cushm Wakefi of Texas, Inc. By: Print: Title: � ice Presi ent of Tax SUBSCRIBED TO before me on this 0I44" day of H j`_ _ , 2026. 24CFIARY MAFm Nak" Public. Swe of 11 No Public in and for the State of M t h v%v i S — Qmmiuion No. 975622 M commission Ex Tres: 10 COmnlvi w Explin July 26. 2027 Y I) ``� �'� I _ ice , NOTARY ACKNOWLEDGEMENT On the 1 3+`-1day of AvA'1 2026, personally appeared E�r•� k- 0- t I. ; , who acknowledged to me that (s)he is the Vice President of Finance of Cushman & Wakefield Regional, LLC ("Assignee"), and that (s)he executed this document for the purposes and consideration contained herein. Cushman .��& �Wakefield Regional, LLC Print: �� It Title: Director SUBSCRIBED TO before me on this day of -ft[ l- _ .—, 2026. rW �C/V \'•• • ••':�s�'% Not y blic in and for the tate of N STATE OF' = My commission Expires:.�y� TENNESSEE NOTARY s PUBLIC 00 "N, IDSON L0h l ��'8816N IEXPIRE51N Assignment Page 2 of CONSENT TO ASSIGNMENT The City of Fort Worth consents to the assignment of Cushman & Wakefield of Texas, Inc. ("Assignor") to Cushman & Wakefield Regional, LLC (`Assignee"), of all its rights, title, and obligation owing and all funds due or to become due to Assignor under CSC 55932 as long as all terms required of Assignor in said Contract are met by Assignee. CITY OF FORT WORTH Marilyn Marvin, Director Valerie Washington (Apr 23, 2026 17:40:30 CDT) Valerie Washington, Assistant City Manager FORT aaa ogee>o k, a ?yp° ATTESTED BY: I�..A,h,ac-� aaaaa�Ezosdd Jannette Goodall, City Secretary APPROVED AS TO FORM AND LEGALITY: City of Fort Worth Assistant City Attorney Contract Compliance Manager: 04/23/2026 Date 04/23/2026 Date 04/24/2026 Date By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. Employee Signature/Date Title OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Assignment Page 3 of3 SHM I I I I I 1 WA K F IAE L D West Wacker Drive Suite 3000 Chicago IL 60606 Tel +1312.424.9284 cushmanwakefield.com January 2, 2026 To whom it may concern, This letter certifies that the business structure for the Cushman & Wakefield Regional, Inc. legal entity was changed to a Limited Liability Company, effective January 1, 2026. The TIN for Cushman & Wakefield Regional, LLC is 43-0955234. Yours sincerely, Gabriela B. Caceres Senior Managing Director Valuation & Advisory THIS ASSIGNMENT AND CONSENT (this "Consent") is made as of the 1st day January, 2026 (the "Effective Date"), by and among CUSHMAN & WAKEFIELD OF TEXAS, INC. ("Assignor"), CUSHMAN & WAKEFIELD REGIONAL, LLC. ("Assignee") and the CITY OF FORT WORTH (["ClientIT. A. Assignor and the CITY OF FORTH WORTH are parties to that certain Non -Exclusive Real Property Appraisal Services Agreement dated August 8, 2023 (the "Agreement"). B. Assignor and Assignee are affiliated entities that have elected to assign the Agreement to the Assignee and Assignee has elected to assume such obligations. C. Client agrees to provide its consent to such assignment and assumption. NOW, THEREFORE, for and in consideration of the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, by the parties hereto hereby agree as follows: 1. Recitals Incorporated; Definitions. The recitals set forth above are hereby incorporated by this reference and shall be deemed terms and provisions hereof. 2. Assignment, Assumption and Consent. Assignor hereby assigns, transfers and conveys to Assignee all of Assignor's right, title and interest in, to and under the Agreement, and Assignee hereby accepts such assignment, and assumes and agrees to pay and perform all of the terms, covenants and obligations of the Assignor under the Agreement to the extent the same first arise from and after the Effective Date (and do not arise as a result of any act, error, omission, breach or default by Assignor or any of its affiliates occurring prior to the Effective Date) (collectively, the "Assignment"). Client hereby consents to the Assignment. 3. Continued Effectiveness of Agreement. The Agreement, as hereby assigned, remains in full force and effect. All covenants, obligations, conditions and terms of the Agreement not specifically altered by this Consent are hereby ratified and confirmed. From and after the date hereof, whenever the term "Agreement" is used in the Agreement or this Consent, it shall be deemed to mean the Agreement, as assigned by this Consent. 4. Miscellaneous. The provisions of this Consent shall be binding upon, and shall inure to the benefit of the parties hereto, and their respective successors and assigns. This Consent may be executed in one or more counterparts, each of which shall constitute an original, but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, Assignor, Assignee, and Client have executed and delivered this Consent as of the date first above written. ASSIGNOR CUSHMAN & WAKEFIELD OF TEXAS, INC. By: ASSIGNEE CUSHMAN & WAKEFIELD REGIONAL, LLC. By: . �, 4,�. Name: Grace Pittman Name: Erick J. Mazzoni Its: Vice President Its: Director CLIENT CITY OF FORT WORTH By: _ Name: Its: FORT WORTH. City Secretary's Office Contract Routing & Transmittal Slip Contractor's Name: CSC 59932 Cushman & Wakefield US Inc to Cushman & Wakefield Regional, Inc. Subject of the Agreement: Consent of Assignment M&C Approved by the Council? * Yes ❑ No M If so, the M&C must be attached to the contract. Is this an Amendment to an Existing contract? Yes ❑ No 0 If so, provide the original contract number and the amendment number. Is the Contract "Permanent"? *Yes ❑ No 0 If unsure, see backpage for permanent contract listing. Is this entire contract Confidential? *Yes ❑ No 0 If only specific information is Confidential, please list what information is Confidential and the page it is located. Effective Date: NA If different from the approval date. Expiration Date: NA If applicable. Is a 1295 Form required? * Yes ❑ No 21 *If so, please ensure it is attached to the approving M&C or attached to the contract. Project Number: If applicable. NA *Did you include a Text field on the contract to add the City Secretary Contract (CSC) number? Yes 0 No ❑ Contracts need to be routed for CSO processing in the followingorder: rder: 1. Katherine Cenicola (Approver) 2. Jannette S. Goodall (Signer) 3. Allison Tidwell (Form Filler) *Indicates the information is required and if the information is not provided, the contract will be returned to the department.