City of Winter Haven Assignment and Assumption Agreement 2026-01-01
Orchid Springs Assigns Utility Agreement to CSWR
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Description
Orchid Springs Development Corporation assigns its Updated and Restated Agreement Concerning Water and Wastewater Utility Services with the City of Winter Haven to CSWR-Florida Utility Operating Company, LLC under an Assignment and Assumption Agreement effective upon Closing. The City consents to the transfer, with Orchid Springs retaining responsibility for pre-closing obligations under indemnity provisions.
Contract Details
Vendor
ORCHID SPRINGS DEVELOPMENT CORPORATION
Agency
City of Winter Haven, FL
Contract Type
UTILITIES
Document Date
January 1, 2026
Contract Term
Effective as of the date of Closing referenced in the Purchase and Sale Agreement dated August 12, 2024
Renewal Info
Assignment becomes effective automatically on the Closing date defined in the August 12, 2024 Purchase and Sale Agreement; Orchid Springs remains liable and indemnifies Assignee for pre-closing obligations while post-closing obligations are assumed by Assignee.
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