1958-1725r~~ ~~~
RESOLUTIoN No. 1725
RESOLUTION RELEASING BOND OF UNITED PACIFIC INSURANCE
COMPANY AND ACCEPTING BOND OF WESTERN SURETY GOMPANY
ON OFF-STREET PARKING CONTRACT N0. 447
LYLE C. OTTO
8$18 LIMERICK LANE
LOCATION: 7527 TO 7,54:`3 PENN AVENUE
USE: FOUR 7-U.NIT APARTMENT BUILRIN48
WHEREAS, PURSUANT TO RESOLUTION N0. (634 ApOPT60 BY THE VILLAGE
COUNCIL ON THE IITH DAY OF AUGUST, I9~8, TWE OFFrBTREET PARKING OPERATORS
BONG FOR PERFORMANCE OF THE CONDITIONS OF OFF-STREET PARKING CONTRACT NQZ
447 IN THE AMOUNT OF $4,500.00 ON WNICW THE IGNITED PACIFIC INSURANCE COMw
PANY, 728 ST. HELENA AVENUE, TACOMA, ItJASHiNGTON, APPEARS A8 SUR~TV, WA8
APPROVED, AND
vaHEREAS, MR. LYLE C. OTTO, OPERATOR, NOW DESIRES TO PROVIDE A BOND
L
OF THE WESTERN SURETY COMPANY, 510UX FALLS, SOUTH DAKOTA, IN .LIEN OF THE
BOND OF THE UNITED PACIFIC INSURANCE COMPANY, IN THE AMOUNT OF $4,5QO.O0.
NOW THEREFORE, BE IT RESOLVEQ BY 7H~ VILLAGE COUNCIL of THE VILLAGE
OF RICHFIELOZ MINNESOTA, AS FOLLOW~4:
i. THAT THE VILLAGE MANAGER IS HEiREBY AUTHORIZED AND DIRECTED TO RE-
LEASE THE UNITED PACIFIC INSURANCE COMPANY FROM LIABILITY FOR ANY AND ALL
ACTS OF MR. LYLE C. OTTO COMMITTED OR lNCURREO IN VIOLATION OF SAIb CON-
TRACT N0. 4,47 ON AND AFTER THE IOTH DAY OF NOVEMBER, 1958.
2. THAT THE OFF-STREET PARKING OPERATORS BOND FOR PERFORMANCE OF THE
CONpiTION3 OF 9AIp OFF-STREET. PARKING CONTRACT 1N THE AMOUNT OF FOUR THOU-
SAND FIVE HUNDRED DOLLARS ($4,5Q0.00) ON WHICH THE WESTERN SURETY COMPANY
APPEARS AS SURETY IS HEREBY APPROVED.
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD TH19 IOTH
DAY OF NOVEMBER, 195$. ~
TRYING R. KELOSEN, MAYOR
ATTEST•
~i'-~ ~ _~
EDWARD J. Mb~:iN , VIL AGE CLERK
0. R. VAN KREVELEN, MANAGER