77-5839R.RESOLUTION N0. 5.839
RESOLUTION RELATING TO RELEASE OF BOND. ON OFF-STREET PARKING
90
George C. :Maurer Construction, Inc.
6625 Lyndale Avenue South
Location: 1300-1302 East 66th Street
Use.: Office Building
WHEREAS, George C. Maurer Construction, Inc., 6625 Lyndale Avenue South., Richfield,
Minnesota, had an off-street parking agreement with the-City of Richfield,>relatng to
1300-1302 East 66th Street; which contract bears the designation of Contract No. 2227
and which contract was guaranteed by a bond of the Travelers Indemnity Company, Hartford,
Connecticut, in the amount of Four Thousand ($x+,000.00) Dollars, and
WHEREAS, George C. Maurer Construction,. Inca has complied with the provisions of
said agreement and the Travelers Indemnity Company now seeks to be relieved of any
further obligation under said bond, and
WHEREAS, there appears o be no justification for requiring George C. Mauer..Con-
struction,Inc. to continue to provide a bond for security on the performance of said
agrement.
NOW THE~~EFORE 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 Travelers
Indemnity Company, Hartford, Connecticut, for any and all-acts of George C. Maurer Con-
struction, Inc..; committed or incurred in violation of said Contract No. 2227 on and
after the .27th day of December, 1977.
Adopted by the City Council of the City of Richfield this 27th d'ay of December;
1977•
ATTEST:,
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--~ Loren L. aw Mayor
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Thomas J. Mq.an City Clerk