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Item 4J ContractMEMORANDUM OF UNDERSTANDING This MEMORANDUM OF UNDERSTANDING ( "MOU ") is entered into by and between the CITY OF SOUTHLAKE, TEXAS, a home rule municipality organized under the laws of the State of Texas (the "City "), and STUDIO OUTSIDE ( "Studio Outside "). WHEREAS, the City and Mesa Design Associates, Inc. ( "Mesa ") have entered into a certain Professional Services Contract dated May 4, 2010 ( "Professional Services Contract ") whereby Mesa agreed to provide services to the City which included creating a master plan for the Bob Jones Nature Center; and WHEREAS, Mesa desires to assign all of its right, title and interest in the Professional Services Contract to Studio Outside, and Studio Outside desires to accept and assume such interest; and WHEREAS, the City desires to consent to the assignment of the Professional Services Contract to Assignee in accordance with the terms and conditions of the Assignment attached hereto as Exhibit "A" and incorporated herein; and WHEREAS, the City and Studio Outside desire to express their intent regarding the Assignment in this MOU so that Studio Outside may perform the any work or services it desires to perform under the Professional Services Contract prior to the time when the Assignment is approved by the City Council. NOW, THEREFORE, the City and Studio Outside do hereby agree as follows: 1. Barring any unforeseen circumstance, force majeure, etc., the City intends to approve the Assignment at the next regularly scheduled meeting of the City Council. 2. Any work or services provided by Studio Outside under the Professional Services Contract prior to such approval shall be credited to Studio Outside. 3. This MOU is intended to be an expression of the parties' intent, but is not intended to rise to the level of a binding agreement. 4. Nothing herein shall be construed as creating a partnership or joint enterprise between the City and Studio Outside. {,Signature Page Fo/hm 1 IN WITNESS WHEREOF, the City and Studio Outside have executed and delivered this MOU to be effective on the day of February, 2011. STATE OF TEXAS § COUNTY OF § STUDIO OUTSIDE By: Name: Title: On this day, before me personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument, and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary in and for the State of Texas My commission expires: CITY OF SOUTHLAKE, TEXAS By: Name: Title: ATTEST: City Secretary 2 EXHIBIT "A" ASSIGNMENT AND ASSUMPTION OF PROFESSIONAL SERVICES CONTRACT THIS ASSIGNMENT AND ASSUMPTION OF PROFESSIONAL SERVICES CONTRACT ( " Assignment ") is executed as of , 2011, by and between MESA DESIGN ASSOCIATES, INC. ( " Assignor "), and STUDIO OUTSIDE ( " Assignee '), and the CITY OF SOUTHLAKE, a municipal corporation of the State of Texas ( "C ") with reference to the following: RECITALS: WHEREAS, Assignor and the City have entered into a certain Professional Services Contract dated May 4, 2010 ( "Professional Services Contract ") whereby Assignor agreed to provide services to the City which included creating a master plan for the Bob Jones Nature Center; and WHEREAS, a dispute arose among the principals of Assignor resulting in a split of the company and the formation of Assignee; and WHEREAS, Assignor and Assignee have mutually agreed that it is in their best interests for Assignor to assign the Professional Services Contract to Assignee; and WHEREAS, the Professional Services Contract does not prohibit such assignment; and WHEREAS, the City desires to and does hereby provide its consent to the Assignment of the Professional Services Contract to Assignee in accordance with the terms and conditions of this Assignment. NOW, THEREFORE, in consideration of the foregoing recitals and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 1. Assignment and Assumption Assignor hereby assigns, conveys, transfers unto Assignee any and all right, title and interest of Assignor in and to the Professional Services Contract, and Assignee hereby accepts said assignment and assumes all of Assignor's obligations, duties, liabilities and responsibilities under the Professional Services Contract, without reservation, as of the effective date of this Assignment. 2. Compensation Assignor and Assignee agree that as of the date of this Assignment, the City has paid to Assignor the sum of $ under the Professional Services Contract and that as of the date of this Assignment, no further compensation of any kind is due to Assignor. Assignor and Assignee further agree that as of the date of this Assignment, all payments under the Professional Services Contract shall be paid to Assignee. -I- C \Documents and Settings \ctribble\Local Settings \Temporary Internet Files \Content.0utlook\GBUEOB 1R\Asslgnment of Contract (Mesa to Studio Outside).docx 3. Work Product and Other Proprietary Information Assignor hereby agrees that copies of any and all documents, maps, correspondence or other materials created by Assignor in furtherance of the work and services required by the Professional Services Contract shall be provided to Assignee within 10 days from the effective date of this Assignment. 4. Successors and Assigns This Assignment shall inure to the benefit of, and be binding upon, Assignee and the City and the successors and permitted assigns of Assignee. 5. Governing LawNenue This Assignment shall be construed under and enforced in accordance with the laws of the State of Texas. Venue for any legal action brought to enforce the terms of this Assignment shall lie in Tarrant County, Texas. 6. Further Assurances Assignor and Assignee each agree to execute and deliver to the other party, upon demand, such further documents, instruments and conveyances, and shall take such further actions as deemed by the City to be necessary or desirable to effectuate this Assignment. 7. Attorney's Fees; Costs Upon the bringing of any lawsuit by either party against the other arising out of this Assignment or the subject matter hereof, the prevailing party shall be entitled to recover from the non - prevailing parry or parties all costs and expenses of suit including, without limitation, reasonable attorneys' fees and costs of court. 8. Counterparts This Assignment may be executed simultaneously in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 9. Authority The parties hereby warrant and represent to each other that they have duly authorized and approved this Assignment and that the persons signing this Assignment have been duly authorized to sign this Assignment on behalf of their respective principals. The warranties and representations of this paragraph shall survive the closing of the Assignment. [Signatures on following page (s)] -2- C:\Documents and Settings \ctribble\Local Settings \Temporary Internet Files\ ontent.Outlook \\_1BUEOB 1R\Asslgnment of Contract (Mesa to Studio Outside).docx IN WITNESS WHEREOF, Assignor and Assignee have executed and delivered this Assignment to be effective on the day of February, 2011. ASSIGNOR: MESA DESIGN ASSOCIATES, INC., a corporation of the State of Texas USA Name: Title: STATE OF TEXAS § COUNTY OF § On this day, before me personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument, and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary in and for the State of Texas My commission expires: -3- C:\Documents and Settings \ctribble\Local Settings \Temporary Internet Files \Content.Outlook\GBUEOB 1R\Asslgnment of Contract (Mesa to Studio Outside).docx ASSIGNEE: STUDIO OUTSIDE By: Name: Title: STATE OF TEXAS § COUNTY OF § On this day, before me personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument, and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Notary in and for the State of Texas My commission expires: AGREED AND CONSENTED: CITY OF SOUTHLAKE, TEXAS By: Name: Title: ATTEST: City Secretary -4- C. `,Documents and Settings `,ctribble'Local Settings \Temporary° Intemet Files ',Content.0utlook\GBUEOB IR\Asslgmnent of Contract (Mesa to Studio Outside).docx