1956-1039r_. z~~
RESOLUTION N0. lfl39
RESflLitTfON REAUCING t3~lt) f'RQAt ~7,7CO.O0 TO ~2,600.flfl IN
tlASSETT'S iST ADL3tT1ON, VtLLAf~ PLAT NO. 99, GQNTRACT N0,
224 ANO PARTtAL ACCEPTANCE OF OFF~iTE STREET ttAPROVEk~NTS
1RIALTER J. 8A88ETT 3o SON, DEVELOPERS
55 t6 26TH AvEN~ SOUTH
t3E IT RESOLVED, BY TWE VILLAGE COUNCIL OF THE VILLAGE OF RiCHFtELD A8 FOI.LOWBi
THAT PURSUANT TO THE ViLLAG~ ENGINEER'S RECOMMENDATION SHAT STREET GRADING AS
REQUIRED UNDER SUB~DiVIDER'8 CONTRACT N0. 224 HAS BEEN COMPLETED AND THAT THE DEVELOPER
HA8 DEp081TED $764,60 WITH THE VILLAGE TREA8URER A8 PAYMENT FOR SURFACING OF 74TH STREET
AND tILOOMtNGTON AVENUE
THAT ALL OTHER ITEMS OF WORK ENUMERATED iN SAID CONTRACT SHALL BE COMPLETED IN
ACCORDANCE WITH THE TERMS OF SAID CONTRACT NO. 224•
THAT A 8U88TANTtAL AMOUNT OF WORK HAS BEEN COMPLETED ANO THEREFORE A REDUCTION
IN THE BOND t8 ACCEPTABLE.
THAT THE VILLAGE CLERK 18 WERE BY AUTHORIZED TO ACCEPT A SURETY t301VO iN TNe: AMOUNT
OF ~2,f~00~Ofl IN LIEU OF tWND FURNISHED BY THE ST. PAUL II~RCURY INDEMNITY COMPANY IN THE
AMOUNT OF $7~7fl0~fl0~
PA88E0 BY THE VtLLAt~ GdUNCiL OF THE VILLAGE OF RIONFIELD, MINNE80TA, TH18 l3TH
DAY OF FEBRUARY, I956i ';
® i
i
MAYOR
I
AT TES T i ~ J ~~--'
MNN R ~
I
CLERK
II