HomeMy WebLinkAbout20121059.tiff RESOLUTION
RE: APPROVE ASSIGNMENT AND ASSUMPTION AND AUTHORIZE CHAIR TO SIGN -
BANNER HEALTH, DBA NORTH COLORADO MEDICAL CENTER.
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 has been presented with an Assignment and Assumption
between the County of Weld, State of Colorado, by and through the Board of County
Commissioners of Weld County, and Banner Health, dba North Colorado Medical Center,
commencing May 7, 2012, with further terms and conditions being as stated in said assignment,
and
WHEREAS, after review, the Board deems it advisable to approve said assignment, a
copy of which is attached hereto and incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of
Weld County, Colorado, that the Assignment and Assumption between the County of Weld,
State of Colorado, by and through the Board of County Commissioners of Weld County, and
Banner Health, dba North Colorado Medical Center, be, and hereby is, approved.
BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized
to sign said assignment.
The above and foregoing Resolution was, on motion duly made and seconded, adopted
by the following vote on the 23rd day of April, A.D., 2012.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
ATTEST: ...e.••••• t�
Sean P. C way, Chair
Weld County Clerk to the Board
ELa ili m . G ro-TBY:
Deputy CI-* to the BoardA. I" `"° ��► ! /� b..
as .ara Kirkmeyer ,
APP D •
A ® � cuu
� s s" Davi. . Long !
County torney 5 t'i't4
Douglas Rademacher
Date of signature: S as /a
1 o nci B rues. Cc CA
4 aU- I a 5-a3-/a 2012-1059
BC0043
ASSIGNMENT AND ASSUMPTION AGREEMENT
This ASSIGNMENT AND ASSUMPTION AGREEMENT is dated to be effective on May 7, 2012,
between COUNTY OF WELD a political subdivision of the State of Colorado ("Assignor"), and BANNER
HEALTH, an Arizona nonprofit corporation ("Assignee").
Pursuant to that certain Asset Purchase and Transfer Agreement, of event date herewith (the
"Asset Purchase Agreement"), between Assignor and Assignee, Assignor hereby assigns, transfers and
conveys to Assignee all of Assignor's right, title and interest in and to the Assumed Liabilities (as defined
in the Asset Purchase Agreement), and Assignee hereby assumes, and agrees to be responsible for the
Assumed Liabilities. Notwithstanding anything set forth herein, and except as otherwise expressly
provided in the Asset Purchase Agreement, Assignee does not assume, and shall not be held responsible
for any obligations, duties or liabilities of, pertaining to or arising with respect to Assignor for periods prior
to the Closing Date (as defined in the Asset Purchase Agreement).
DATED: As of April 23, 2012, to be effective on May 7, 2012
ASSIGNOR:
COUTNY OF WELD
By: _ - �>
Sean P. Conway, Chair an
Attest: '! •
�'E �`
uea•Clerk to the Board fir r<tl `
By. Deputy Cler o the Board ! ' !IIJ
\Q
Date: APR 2 3 2012
ASSIGNEE:
BANNE EA TH
By:
Ja s V. Ferando
sident-Western Region
Date: 0-2
&C/2-/a&s2
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