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HomeMy WebLinkAbout20133518.tiffRESOLUTION RE: APPROVE ASSIGNMENT OF COMPRESSED NATURAL GAS STATION AGREEMENT FROM ELA INC. (ZEIT ENERGY, LLC) TO WARD ALTERNATIVE ENERGY LLC WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board entered into two separate design/build turnkey operation agreements to install equipment for two Turnkey Compressed Natural Gas (CNG) Fueling Stations with Zeit Energy LLC (as successor to ELA Incorporated) located at Kramer's Wedge Store (103 Hill Street, Kersey, CO 80644) and the North Station (7984 US 85, Fort Lupton, CO 80621) by Agreements #2012-0036 (Kersey, CO) and #2011-2793 (Fort Lupton, CO), and WHEREAS, among other requirements Zeit Energy is required to ensure that the installed equipment remains on the property for a minimum of five years, and WHEREAS, Zeit Energy is the owner of the assets at the CNG Fueling Stations located in Kersey, CO and Fort Lupton, CO and desires to sell, and Ward Alternative Energy desires to purchase all of Zeit Energy's CNG assets relating to the CNG Fueling Stations, and each has requested that the County approve of the assignment of such assets, and WHEREAS, the County has no contractual or other authority to establish the retail price of CNG at the CNG Fueling Stations and Zeit Energy (and Ward Alternative Energy after the sale and assignment of assets) has the right to establish the retail price of CNG at the CNG Fueling Stations, and WHEREAS, after review, the Board deems it advisable to approve said assignment. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Assignment of the Agreements between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, and ELA, Inc. / Zeit Energy, LLC, be, and hereby is, approved and Ward Alternative Energy shall have the right to establish the retail price of CNG at the CNG Fueling Stations. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign appropriate documents. e_,e,: Pt,, Ow , kk. 2013-3518 EG0068 ASSIGNMENT OF COMPRESSED NATURAL GAS STATION AGREEMENT FROM ELA, INC. (ZEIT ENERGY, LLC) TO WARD ALTERNATIVE ENERGY, LLC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 23rd day of December, A.D., 2013. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO EXCUSED liam F. Garcia, Ch Weld County Clerk to the Board ugla- Rademach- , Pro-Tem BY: puty Cle APPROV Freeman the Boa Attorney rbara Kirkmeyer Date of signature: 2013-3518 EG0068 IT ENERGY 4t ;.IVELINC SERVICES VIA HAND DELIVERY County of Weld November °22„20''I Attn: Elizabeth Re1f iti P.O. Box 758 Greeley, CO 80632-7$8 RE: (1) NOTICE OF ASSIGNMENT OF RIGHTS AND OBLIGATIONS BY AND BETWEEN WELD COUNTY AND ZEITENERGY, LLC TO WARD ALTERNATIVE ENERGY, LLC (2) REQUEST FOR CONFIRMATION FROM WELD COUNTY THAT ASSIGNEE, WARD ALTERNATIVE ENERGY, LLC, HAS TILE RIG -BT TO ESTABLISH THE RETAIL PRICE OF CNG SOLD Dear Ms. Relford;. Zeitl nergy, LLB; (the "Company") is ;seeking: to assign two CNG fuelingstations located at 7984 US: Highway 85, PorfLttptOn,. CO 8.0.621 and 107 Hill Street, Kersey, CO 80644 (collectively "CLANG Assets") to Ward Alternative Energy, LLC. Pursuant tothe assignment, ZeitEnergy respectfully requests 'the t Jlgwing.from Weld Coimty: 1.. Acknowledgment 'by Weld County in writing that the County Consents to ZeitEnergy, TLC assigning the CNG Assets and till agreements and obligations between ZeitEnergy, LLC and the County to Ward Alternative Energy, LLC, and,_that upon assignment Weld county sball look solely to Ward Alternative.En'ergy6LLC for any and all obligations, remedies and rights arising out of agreements and obligations 'between the County and ZeitEnergy. 2. Acknowledgement by' Weld County in writing that. the County shall permit Ward Alternative Energy, LLC to establish the retail price of CNG sal by or through the CNG Assets. Please contact us with any questions you may have. Sincerely, Clint Beauchamp. 2013-3518 1717 McKinney Avenue, Suite 700, Dallas, TX 75202, ph.817-223-1401 Hello