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AGREEMENT 00 5200-5 <br /> <br />A. The performance of the Contract may not be assigned except upon the City’s prior written <br />consent. Consent will not be given to any proposed assignment that would relieve the <br />Contractor or surety of their responsibilities under the Contract Documents. <br /> <br />B. Contractor may assign moneys due, or to become due under the Contract and such <br />assignment may be recognized by the City, if given proper notice thereof, to the extent <br />permitted by law. Any Contractor assignment of moneys due or to become due shall be <br />subject to City’s right to all proper setoffs and to all deductions provided for in the Contract <br />Documents and particularly all money withheld, whether assigned or not, shall be subject <br />to being used by the City for the completion of the Work in the event that the Contractor <br />should be in default therein. <br /> <br />IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first <br />above written. <br /> <br />CONTRACTOR: Onpoint Construction <br /> <br />By: ______________________________ By: _______________________________ <br />(Signature) (Signature) <br /> <br />Its: _______________________________ Its: ________________________________ <br />Title (If Corporation: Chairman, President Title (If Corporation: Secretary, Assistant <br />or Vice President) Secretary, Chief Financial Officer or <br /> Assistant Treasurer) <br /> <br />CITY: CITY OF REDWOOD CITY <br /> <br />By: ____ <br /> Melissa Stevenson Diaz, City Manager <br /> <br /> <br />Attest: <br /> Pamela, Aguilar, City Clerk <br /> <br /> <br />END OF DOCUMENT <br />Emmanuel Koutantos (Sep 28, 2022 08:44 PDT) <br />Emmanuel Koutantos <br />Partner <br />Bruce W Dockter (Sep 28, 2022 12:50 PDT) <br />Bruce W Dockter <br />Managing Partner