1957-1437r-a 8I
RESOLUTION N0. 1437
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RESOlUT I CN RElAT IN G TO B~10 ON OFF-STREET' PARKING
l'lALLACE CRASWELL
732 NEST 66TH STREET
LOCATION 732 l7EST 66TH STREET
USES ADDITION TO BUILDINQ~PHOTOGRAPHY SHOP
YdHEREAS, V~JALLACE CRA$WELLS HAD AN OFF-STREET PARKING AGREEMENT WITH THIS VILLAGE
RELATING TO 732 1`lEST 66TH STREETS WHICH CONTRACT BEARS THE DESIGNATION OF CONTRACT N0~
384 AND WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE ST• PAUL FIRE AND MARINE INSURANCE
COMPANY, A MINNESOTA CORPORATION OF Si. Paul, MINNESOTA, IN THE SUM OF ~500`~00~ AND
6'dHEREASs SAID k'JALIACE CRASWELL HAS SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF
SA10 AGREEMENT AND THE ST. PAUL FiR E AND MARINE INSURANCE COMPANY, NOW SEEKS TO BE RELIIEVED
OF ANY FURTHER OBLTQATION UNDER SA10 BONGS AND
~lHEREAS~ THERE APPEARS TO BE NO JUSTIFICA710N FOR REQUIRINQ SAID WALLACE CRASWELL TO
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CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENTS
NOl'1 THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RIOMFIELOS
NFINNESOTAS AS FOLLO6°JSa
THAT THE VILLA GE MANAGER 18 HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE ST• PAUL FIRE
AND MARINE INSURANCE COMPANY FROM LIABILITY FOR ANY AND ALL ACT8 OF l'lALLACE CRASWELL, COMMITTED
OR INCURRED 1N VIOLATION OF SAID CONTRACT NO. 384 ON AND AFTER TWE [4TH DAY ~ OCTOBER, 1957•
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD TH18 14TH DAY OF OCTOBER
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1957e
ATTESTS
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