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1958-1713r~_ -,~~® RESOiurioN Na. t~i~ 1 RESOLUTION RELATIN Q TO RELEASE OF BOND ON OFF»STREET PARKiNd MR• JENS LANDEY 4Q41 42ND AVENUE SOUTH LOCAT1oNS 6501 PENN AVENUE SOUTH USES (-ANDSCAPE NURSERY t'IHEREAS~ P1~t• JEN8 LANDEY HAD AN OFF•STREET PARKING AGREEMENT WITH TMIS VILLAGE RELATING TO 6501 PENN AVENUE SOUTH WWICH CONTRACT BEARS THE DE6IGNATlON OF CONTRACT NO. 420, AND WHICM CONTRACT WAS GUARANTEED BY A BOND OF THE AETNA CASUALTY AND SURETY COMPANY, A CORAORATION OF t1ARTFORD~ CONNECTICUT IN THE SUM OF ~i~000iO0~ AND WHEREAS SAID DENS l,ANOEY HAS 8U88TANTlALLY COMPLIED WITH THE PROV1610NS OF SAID 1 AGREEMENT AND THE AETNA CASUALTY AND SURETY COMPANY NOW 8EEK8 TO BE RELIEVED OF ANY FURTHER 08LIOATION UNDER SAID BONO~ AND NlHEREAS~ TMERE APPEARS TO BE NO JUSTIFiCAT10N FOR REQUIRING 8AID MR. JENB U11~EY 1'0 CONTINUE TO PROVIDE A BONG FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENT• NOW THEREFOFtE~ BE IT .RESOLVED BY 7HE VILLAGE COUNCIL OF THE VILLAGE OF RICMFIELD~ MINNESOTA AS FOLLOWS! TMAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE AETNA 1 CASUALTY AND SURE TV COMPANY FROM L1A81LITY FOR ANY AND ALL AC FS OF MRS DENS LANOY COMMITTED OR INCURRED IN VIOLATION OF 8AID CONTRACT N0. 420 ON AND AFTER THE Z?M DAY OF OCT08ER~ 1958. A TTESTs i EDWARD J OLIN :VILLAGE CLERK F° l iRV iNG R. KELOSEN~ MAY~pR 0. R• KREV LENS MANAGER