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77-5795R4U RESOLUTION N0. 5795 . RESOLUTION RELATING TO CANCELLATION OF CONTRACT AND RELEASE OF BOND ON OFF-STREET PARKING Condon-Naegele Realty 1700 West 78th Street Location: 1+00 West. 77th Street Uses Restaurant with On-Sale Liquor WHEREAS, Condon-Naegele Realty, 1700 West 78th Street, Richfield, Minnesota, had anoff-street parking agreement with the City of Richfield, Minnesota, relating to 1+00 West 77th Street,. which contract bears the designation of Contract No. 2210 and which contract was guaranteed by a bond of the Great American Insurance Company, Minneapolis, Minnesota in the amount of $1+1,500.00, and WHEREAS, Condon-Naegele Realty, at the council meeting of March 28, 1977, with- drew its application for an on-sale intoxicating liquor license for a restaurant to be located. at 11+00 West 77th Street, and has now requested the the off-street parking contract. be cancelled and the bond released, and WHEREAS, there appears to be no justification for requiring Condon-Naegele Realty to continue to provide a contract and bond as security for the. completion of this off-street parking area. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Mnn- esota, as follows: That the City Manager is hereby authorized and directed to cancel Contract No. 2210 and release the Great American Insurance Company, Minneapolis, Minnesota for any and all acts of Condon-Naegele Realty committed or incurred in violation of Contract No. 2210 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 ATTEST: _ ~ ~ , 1~7~/tL Thomas J. Mor City Clerk