Item Coversheet

Resolutions - C7  G




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Jimmy L. Morales, City Manager 
DATE:January  11, 2017
 



SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE ASSIGNMENT OF THE AGREEMENT FOR LIGHT POLES, FIXTURES AND BASES BETWEEN THE CITY AND HD SUPPLY POWER SOLUTIONS, LTD. (A/K/A ANIXTER POWER SOLUTIONS, LLC), TO ANIXTER INC., AS THE SUCCESSOR-IN-INTEREST TO ANIXTER POWER SOLUTIONS, LLC BY MERGER; AND FURTHER AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE ASSIGNMENT AND ASSUMPTION OF AGREEMENT AND CONSENT TO ASSIGNMENT AND ASSUMPTION OF AGREEMENT, SUBSTANTIALLY IN THE FORM ATTACHED TO THIS RESOLUTION.

RECOMMENDATION

Adopt the Resolution.

ANALYSIS

On March 5, 2014, pursuant to Invitation to Bid (ITB) No. 2014-069-SW, the Mayor and City Commission approved the award of a contract to HD Supply Power Solutions Ltd., to provide the City with light poles, fixtures and bases.  The certification of contract between the City and HD Supply was executed on March 27, 2014 (th "Agreement"). 

 

On January 4, 2016, HD Supply Power Solutions Ltd., following a name change to Anixter Power Solutions, LLC, completed a merger transaction with Anixter, Inc. ("Anixter"), with Anixter emerging as the surviving corporate entity and successor-in-interest to Anixter Power Solutions, LLC.

 

Pursuant to the agreement, any assignment or transfer of the Agreement, or of any interest related thereto, requires the written consent of the Mayor and City Commission.

 

Accordingly, Anixter seeks the City's consent to the assignment or transfer of the Agreement.  Pursuant to the assignment, Anixter will assume all of HD Supply's obligations and responsibilities under the agreement.

 

 

 

 

CONCLUSION

The Administration has conducted its due diligence and recommends that the Mayor and City Commission approve the Assignment and Assumption of the Agreement (the Assignment), and the Consent to Assignment and Assumption of the Agreement, substantially in the form attached.

FINANCIAL INFORMATION

All expenditures shall be based on approved and available funding.
Legislative Tracking
Procurement

ATTACHMENTS:
Description
Resolution
Assignment & Assumption of Agreement