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81-6478RRESOLUTION NO. 6478 RESOLUTION APPROVING LAYOUT AND CONTRACT FOR OFF-STREET PARKING IN ACCORDANCE WITH APPLICATION NO. 81-4, CONTRACT NO. 2334 Erickson and Sons, Inc. 46 E. 4th Street St. Paul, MN 55101 Location: 1400 West 76th Street .Use: New Office Parking Area BE IT RESOLVED by the City Council of the City of Richfield, Minnesota, as follows: 1. That the proposed geometric layout of the off-street parking as contained in Off-Street Parking Application No. 81-4, Contract No. 2334 is hereby approved subject to and upon completion o~ performance of the contract for such off-street parking as hereinafter authorized. 2. That the proposed off-street parking contract for the improvement of said off-street parking, bearing Contract No. 2334 be placed on file and that the manager be authorized to sign said " contract and the clerk be authorized to seal the same for .and on behalf of this city. 5 3. That the off-street parking operator provide the City of Richfield with Surety in the form of cash, passbook saving withdrawal authority, or performance bond in an amount to be determined by the community development director and city manager, to ensure the off-street parking lot is constructed within the terms and regula- tions of the Off-Street Agreement with the following stipulations: a. That the City Engineer approve final catch basin location and the final design of the entrance to the site from 76th Street. b. .That the applicant contribute $50,000 towards the cost of installing a signal at the 76th Street entrance to the site. c. That a five foot sidewalk be provided along 76th Street adjacent to the site. d. That the applicant provide the city with a five year performance bond in an amount sufficient to construct 57 additional off street parking spaces to city standards if they are deemed necessary by the city. 4. That responsibility for the proper upkeep and maintenance of said Off-Street Parking lot-shall remain the responsibility of. the off-street parking lot operator in accordance with Ordinance Code 4.05. .~ Adopted by the cit~.~ council or 10th day of August, 1981. ATTES ' yl a K. Bergh, City Ierk