77-5794R_ 39
RESOLUTION NO. 579+
i RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING
Oak Grove Lutheran Church
7001 Lyndale Avenue South
Location: 70+5 Augsburg Avenue South
Use: Church Parking Lot
WHEREAS, Oak Grove Lutheran Church, 7001 Lynda7.e Avenue South, Richfield,
Minnesota,, had aii off_street parking agreement with the City of Richfield, relating
to 705 Augsburg Avenue South, which contract bears the designation of Contract
No. 2181 and which contract was guaranteed by a bond of Transamerica Insurance
Company, Los Angeles9 California, in the amount of X3,000.00. and
WHEREAS, Oak Grove Lutheran Church has complied with the provisions of
said agreement and the Transamerica Insurance Company now seeks to be relieved of
any furtherobligation under said bond, and
w~TiFRFAS, there appears to be no justification for requiring Oak Grove Lutheran
Church 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 Trans_
america Insurance Company, Los Angeles, California-for any and all acts of Oak Grove
Lutheran Church9 committed or incurred in'violation of Contract No. 218+, on and
after the 26th day of September, 1977•
Adopted by the City Council of the City. of Richfield this 26th day of September,.
1977• /~
Loren L aw ~ Mayo ~
ATTEST:
Thomas J. Mor;~tl City Clerk