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79-6118R1 JV RESOLUTION NO. 6118 RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING Mr. William Traiser 9845 Oak Shore Drive, Lakeville Location: 6525 Cedar Avenue South Use: Commercial Building for Rustproofing Operations WHEREAS, William Traiser, 9845 Oak Shore Drive, Lakeville, Minnesota, had an off-street parking agreement with the City of Richfield relating to 6525 Cedar Avenue South, which contract bears the designation of Contract No. 2291, and which contract was guaranteed by a cashier's check in the amount of Two Thousand Five Hundred Dollars ($2,500), and WHEREAS, .said William Traiser 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 William Traiser 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 William Traiser for any and all acts committed or incurred in violation of said Contract No. 2291, on and after the 27th day of August, 1979. Adopted by the City Council of the City f Richfield this 27th day of August, 1979. ATTEST: r L. Law Mayor Sy is K. Bergh Acti City Clerk