Dept/ Agency: Administration/Division of Central Purchasing Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Consent to Assignment of a Contract Purpose: To assign right of payment under the vendor contract to Municipal Asset Management, Inc. Entity Name: Municipal Asset Management, Inc. Entity Address: 25288 Foothills Drive North, Golden, Colorado 80401 Contract Amount: $3,613,215.08 Funding Source: 2019 Budget/Department of Public Works, Division of Sanitation/NW011-060-0605-71940-B2019 Contract Period: December 3, 2019 through December 2, 2023 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: Original Resolution/Contract 7R1-a(S) adopted on May 21, 2019, to Appolonia Incorporated d/b/a Air Brake and Equipment, seeks to assign its right to payment under the Vendor Contract to Municipal Asset Management, Inc.