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82-6622R54 RESOLUTION NO. 6622 RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING CONTRACT Name: Church of St. Peter Location: 6730 Nicollet Use: New Church Structure Off -street Parking Contract No. 2321 WHEREAS, the Church of St. Peter, 6730 Nicollet Avenue, had an off -street parking agreement with the City of Richfield relating to 6730 Nicollet Avenue .South, which contract bears the designation of Contract No. 2321, and which contract was guaranteed by an off- street parking operator's bond in the amount of Forty Thousand and no/100.($40,000) Dollars, on which the St. Paul Fire and Marine Insurance Company, St. Paul., Minnesota, appears as surety, and WHEREAS, said Church of St. Peter has substantially complied with the provis-ions 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 Church of St. Peter 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 the Church of St. Peter for any and all acts committed or incurred in violation of said Contract No. 2321, on and after the 14th day of June, 1982. Adopted by the city council of the City of Richfield this 14th day of June. 1982.