1958-1726r~.~~
RESOLUTION N0. {72g
RESOLUTION RELEASING BOND OF UNITED PACIFIC INSURANCE
COMPANY ANO ACCEPTING 80N0 OF ~..ESTERN SURETY COMPANY
ON OFF-STREET PARKING CONTRACT N0. 448
LYLE C. OTTD
$816 LIMERICK LANE
LOCATION: 6709 PENN AVENUE SDUTM
USE: OME II-UNIT APARTMENT BUILDING
WHEREAS, PURSUANT TO RESOLUTION N0. (633 ADOPTED 8Y THE VtLIAGE COUNCIL
ON THE 11TH OAY OF AUGUBT, 195$, THE OFF-STREET PARKING OPERATORS BOND FOR
PERFORMANCE OF THE CONDITIONS OF OFF-STREET PARKING CONTRACT NO. 448 IN THE
AMOUNT OF $2,500.00 ON WHICH THE UNITED PACIFIC INSURANCE COMPANY, 728 ST.
HELENA AVENUE, TACOMA, WASHINGTON, APPEARS AS SURETY, WAS aPPROVED, AND
WHEREAS, MR. LYLE C. OTTO, OPERATOR, NOW DESFRES TO PROVIDE A BONG OF
THE WESTERN SURETY COMPAN Y, SIOUX FALLS, SOUTH DAKOTA, IN LIEU OF THE SOND
OF THE UNITED PACIFIC INSURANCE COMPANY, IN THE AMOUNT OF X2,500.00.
NOUJ TWEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF
RICHFIELD, MINNE SOYA, AS FOLLOWS:
I. THAT THE VILLA OE MANAGER 18 HEREBY AUTHORIZED AND DIRECTED TO RE•
LEASE THE UNITED PACIFIC INSURANCE COMPANY FROM L1ASiLITY FOR ANY AND ALL
ACTS OF MR. LYLE C. OTTO COMMITTED OR INCURRED IN VIOLATION OF SAID CDN-
TRACT 44$ ON AND AFTER THE LOTH DAY OF NOVEMBER, 1958.
2. THAT THE OFF-STREET PARKINQ OPERATOR~3 BOND F.OR PERFORMANCE OF
THE CONDITIONS OF SAID OFF•STREET PI~iRKING CONTRACT IN THff AMOUNT OF TWO
THOUSAND FIVE HUNDRED DOLLARS (^2,500,00) ON WHICH THE WESTERN SURETY CiOM•
PANY APPEARS AS SURETY, IS HEREBY APPROVED.
ADOPTED BY THE V{LLAGE COUNCIL OF THE VILLAGE OF RICHFIELD THIS IOTM
OAY OF NOVEMBER, (958.
"'
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IRYiNG {~ KE DSEN, MAYOR
ATTEST:
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0. R. VAN KREVELCN, MANi.}GER
~° _
~~
EDWARD J. MOL , VILLAGE CLERK