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1957-1367r~~. i RESOLUTION N0, (867 RESOLUTION APPROVING PLAT OF I~LBAR AOfltTION~ YILLAt~ PLAT Noe 150 AUTHORlZINQ EXECUTION OF CONTRACT N0.387 ANO APPROVING BONfl, f/ANEY Fa OVERMOE 530! FORBLiN flR1YE MINNEAPOLIS MINNESOTA CLERKtB FILE NOs 4°JB~$ ~,~, BE !T RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD AS FOLLO~Sa le TWAT THE PROPOSED PLAT OF MELBAR ADDITION IS HEREBY APPROVED SUBJECT TO AND UPON CORAPLETtON OF PERFORMANCE OF TWE $UBDIVIOER~S CONTRACT FOR SUCH ADDITION AS WERE• WAFTER AUTHORIZEDs 2e THAT THE PROP08ED SUBDIVIDER~B CONTRACT FOR TWE OEVELOFPMENT OF SAID SUBDIVISION, BEARING CONTRACT NO. 3£i7, BE GIVEN CLERKS FILE N Oe 45$$ . 8E PLACED ON FILET THAT THE GAME BE APPROVED AND THAT THE MAYOR AND itflANAQER BE AUTHORIZED TO SIGN SAID CONTRACT AND THE CLERK BE AUTHORIZED TO SEAL THE SAME FOR AND ON BEHALF OF THi8 VILLAQE• 3. THAT THE PUBLIC CONTRACTORS BOND FOR PERFORMANCE OF THE CONDITIONS OF THE 8A10 BUB~DIVIOER~S CONTRACT iN THE AMOUNT OF FOURTEEN THOUSAND (~l4~000.00) ON U"HICH THE UNITED PAC IFiC INSURANCE COMPANY, 728 6T, HELENS AVENUE, TACOMIA, IIIASHINGTOflI, APPEARS AS SURETY, 18 WEREBY APPROVEDo 4, TWAT RESPONSIBILITY FOR ALL PUBLIC 8TREETS, ALLEYS AND 'OTHER PUBLIC NAYS 8HALL NOT BE ASSUMED BY TH18 VILLAGE UNTIL FINAL ACCEPTANCE OF THE 80RK ON SUCH PROPERTY BY THiB COUNCIL ANO UNTIL 6UCW TIME FULL RESPONSIBILITY FOR SUCH STREET SWALL BE TWAT OF THE DEVELOPER OF SA10 SUBDIVIBIONe ADOPTED SY THE VILLAGE COUNCIL OF THE VILLAQE OF RICHFIELD} hA1NNESOTA~ tW16 24TH DAV OF JUNE, 19a7tl ATTESTa ~~ r CLERK