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1958-1644r.. •~ RESOLUTION N0. f64~ RESOLUTION RELATlNQ TO RELEASE OF BONG ON OFFwTREET PARKINQ MRS. LILLY SMILDEN 5532 CHANTREY ROAD LOCATION! 7422 LYNDALE AVENUE SOUTH USES OFFICE $UiLDING WNEREAS~ MR$. LILLY SMILDEN HAD AN OFF~STREET PARKING AGREEMENT WITH THIS VILLAGE RELATING TO 7422 LYNDALE AVENUE SOUTH WHICH CONTRACT BEARS THE DEStONAT10N OF CONTRACT N0. 424* AND WHICH CONTRACT WAS GUARANTEED BY A BONG OF THE ANCHOR CASUALTY COMPANY.i ST. PAULA MINNESOTA IN THE SUM OF X500,00, AND Wf~REAS~ 8AID MRS. LILLY SMILD1rN MAS SUBDTANTIALLY COMPLIED l'JtTH THE PROV.tS10N6 OF SAID AGREEMENT AND THE ANCHOR CASUALTY NOW SEEK6 70 BE RELIEVED OF ANY FURTHER 08LIGATION UNDER SAID BONO~ AND V~HEREAS~ THERE APPEARS TO 8E ND J.UST•IFICATION FOR REQUIRINt~t SAIfl ~~iS. LILLY SMILDEN TO CONTINUE t0 PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEME111T. NOV'd THEREFORE BE tT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD M{NN- ESOTA~ AS FOLLOWSS THAT 7HE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTEfl TO RELEASE 7HE ANCHOR CAS- UALTY COMPANY FROM LIABILITY FOR ANY AND AlL ACTS OF MRS. LILLY SMILDEN COMMITTED OR IN- CURRED IN VIOLATION OF SAID CONTRACT NO. 424 ON AND AFTER THE 25TH DAY OF.AUGUST~ 1958. ADOPTED 8Y THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD THIS 25TH DRY OF AUGUSTs 1958. e 1RV1N R. DSEN~ MAYOR ATTESTS ~ ° EDWARD J.' MOL ~ 1~1L AGE CLERK, .. 0. Rs AN KREVELEN~ MANAGER