1999-062-ASSIGNMENT OF THE RIGHTS AND OBLIGATIONS, MONTGOMERY OIL COMPANY TO FOOD FAST HOLDINGS INC

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RESOLUTION NO. 99-062 WHEREAS, the City Council of the City of Paris did heretofore, on the 13th day of November, 1995, award to Montgomery Oil Company the bid for the furnishing and delivery of unleaded gasoline and diesel fuel to the City of Paris in accordance with the specifications and conditions for fuel bid; and, WHEREAS, Montgomery Oil Company is selling its business and has requested the City Council of the City of Paris to approve the Assignment of Rights and Obligations to Food Fast Holdings, Ltd. for the furnishing and delivery of unleaded gasoline and diesel fuel to the City of Paris; and, WHEREAS, the City Council desires to continue to do business in accordance with the specifications and conditions for fuel bid, and it is deemed appropriate that such assignment be approved; and, WHEREAS, the form of the Assignment of Rights and Obligations, attached hereto as Exhibit A, should, in all things, be approved, and the Mayor Pro Tem, Mary Ann Fisher, should be authorized to acknowledge approval of said assignment by signing the same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, that the form of the Assignment of the Rights and Obligations from Montgomery Oil Company to Food Fast Holdings, Inc. for the furnishing and delivery of unleaded gasoline and diesel fuel to the City of Paris, attached hereto as Exhibit A, be, and the same is hereby, approved; and, BE IT FURTHER RESOLVED, that the Mayor Pro Tem, Mary Ann Fisher, be, and she is hereby, authorized and directed to acknowledge approval, on behalf of the City of Paris, of the Assignment of Rights and Obligations by signing the same in the form shown in Exhibit A, attached hereto. PASSED AND ADOPTED this 14th day of June, 1999. ~~~~m ATTEST: ~~~..~~~ Mattie Cunningham, City Clerk