1957-1365r_ 651
RESOLUTION NO.136 5
RESOLUTION REIA TiNO TO 60ND ON OFF-STREET PARKINQ
i
SHELL OIL COMPANY, 100 N• 7TH ST.
CONTRACT NO. 364
LocarloNS 6545 PORTLAND AVE• S.
USES (IASOLINE SERVICE STATION
~ItfEREAS, SHELL. OIL COMPANY, HAD AN OFF~STREET PARKING AGREEMENT WITH THIS
V{LLAGE RELAT{NG.TO 6545 PORTLAND AVENUE SOUTH, WHICH CONTRACT BEARS THE DESIGNATION
OF CONTRACT NO. 364, AND WM1CH CONTRACT WAS GUARANTEED BY A BOND OF THE FEDERAL INSURANCE
COMPANY IN T HE SUM OF X1,000.00 AND
WHEREAS, SAID SHELL QiL COMPANY HAS BUBSTANTIALIY COMPLIED WITH TWE PROVISIONS 0~
SA10 AGREEMENT AND THE FEDERAL INSURANCE COMPANY NOW SEEKS TO BE RELIEVED OF ANY FURTHER
OBLIGATION UNDER SAID BOND, AND
WHEREAS, THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING 6AiD SHELL Oll COMPANY
;O CONTINUE TD PROVtOE_A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENT,
NOW THEREFORE BE IT RESOLVED BY THE VILLAGE GOUNCIL OF THE VILLAGE OF RICHFIELD,
IAINNE90TA, AS FOLlOWS2
THAT THE VILLAGE fdIANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE FEDERAL
INSURANCE COMPANY FROM LIABILITY FOR ANY AND ALL ACT8 OF THE SHELL OlL COMPANY COMMITTED OR
INCURRED IN VIOLAFION OF SAID CONTRACT NOs 3~' ON AND AFTER THE 24TH OAY OF' JUNE, 1957•
ADOPTED BY THE V14LAGE COUNCIL OF THE VILLAGE OF RICHFIELD TWI$ 24TH DAY OF JUNE,
1957 •
1~AYOR
ATTESTS
~~ ~ IlV~NA(3ER
CLERK /%
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