80-6314R
f
RESOLUTION NO. 6314
RESOLUTION RELATING TO RELEASE OF BOND
ON OFF-STREET PARKING
Kenneth Youngberg
6700 Penn Avenue South
Location: 6708-6722 Penn Avenue S. ~'
Use: Dairy Store
WHEREAS, Kenneth Youngberg, 6700 Penn Avenue South, had an
off-street parking agreement with the City of Richfield relating
to 6708-6722 Penn Avenue. South, which contract bears the designa-
tion of Contract No. 2249, and which contract was guaranteed by an
off-street parking operator's bond in the amount of Ten Thousand
Five Hundred Dollars ($10,500) on which the 'Home Indemnity Company
appears as surety, and
WHEREAS, said Kenneth Youngberg 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 Kenneth Youngberg to continue to provide a bond for security
F on the performance of said agreement.
NOW, THEREFORE, BE IT RESOLVED by the czty council of the
City of Richfield, Minnesota, as follows:
That the city manager is hereby authorized and directed to
release Kenneth Youngberg for any and all acts committed or incurred
in violation of said Contract No. 2249, on and after the 22nd
day of September 1980.
69
Adopted by the city council of the City of Richfield this
22nd day of September 1980.
nald J. Prie Mayor
ATTEST:
S lv' K. Ber h Actin Ci Clerk
Y ~ s