1958-1689r~~
RESOLUTION N0,~6$9
R~SOLUTtON RELATING TO RELEASE OF BOND ON OFF~STREET FARKtNG
MR• CLARENCE CNRi67lAN
1100 EAST 66TH STREET
LOCATION: t20$ AN'~ 1212 E. b6TW STREET
USES RETAlL SALES ~ DRUG STORE AND GROCERY STDRE
!'yHEREAS~ MR• CLARENCE CHRISTIAN HAD AN OFF-STREET PARKING AGREEMENT t71 TH THIS VILLAGE
RELATING TO 120$ AND 12 I2 ER 66TH STREETS WHICH CONTRACT BEARS THE DE31GNA1'ION OF CONTRACT
No. 405 AND WHICH CONTRACT WA8 GUARANTEED B`! A BOND OF THE UNITED PACIFIG INSURANCE COMPANY
IN THE SUM DF ;~4s000~00~ AND
E9HCREAS~ SAID hiR• CLARENCE CHRISTIAN HAS SUBSTAN TiAL.LY COMPLiEO WITH THE PROVISIONS
OF SA I D AGREEMENT ANA THE UN I TED PAC I F I C I NSURANCE COMPANY NOHl SEEit8 70 BE RELIEVED OF ANY
FURTHER OBLIGATION UNDER SAfD BON OS AND
17HEREAS~ THERE APPEARS TO BE NO JUSTIFICATION FOR REQUiR1P1G SA 10 fJIR. CLARENCE CHRISTIAN
TO CONTII:UE TO PROVIDE A 80N0 FOR SECURITY ON TWE PERFORMANCE OF SAID AGREEMENT.
NOt'J THEREFORE BE 1T RESOLVED BY THE VILLAGE COI;TICtL OF THE VILLAGE •OF RICHFIELD MINN~
ESOTA~ AS FOLLOtRfSi
THAT THE VILLAGE MAtdAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE t,4VITED PACIFIG
INSURA NCE COMPANY FRDM L1A81LITY FOR ANY AND ALL ACTS OF MR. CLARENCE CHRISTIANS COMMITTED OR
INCURRED iN VIOLA Ti ON OF SAID CONTRACT P10. 405 ON ANO AFTER THE 13TH OAY OF OCT08ER~ 195$.
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD TH16 13TH DAY OF OCTOBER
195$.
ATTESTS
C K
r ~
MAYOR
11AR1 A G