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82-6683R10 RESOLUTION NO. 6683 RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING Carlson Properties 12805 State Highway 55 Minneapolis, MN 55441 Location: Southdale Square Shopping Center Off-Street Parking 71-15, Contract 2100 WHEREAS, Carlson Properties, 12805 State Highway S5, Minneapolis, Minnesota, has an off-street parking agreement with the City of Richfield relating to Southdale Square Shopping Center, which contract was guaranteed by bond in the amount of Ten Thousand Seven hundred ($10,700,00) dollars, and WHEREAS, said Carlson Properties has substantially complied with the provisions of said agreement and now seeks to be relieved of any further obligation under said bond, and WHEREAS, there appears to be no justification for requiring said Carlson Properties to continue to provide a bond for security on the performance of said agreement:. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota, as follows: That the city manager is hereby authorized and directed to release Carlson Properties for any-and all acts committed or incurred in violation of said Contract No. 2100, on and after the 1st day of November, 1982. Adopted by the i~xt day of , 25th October ATTEST: City Council of 1982. .~ Syly~ K. Berg 1ty C rk