1959-1921r_. ~®
RESOLUTION Noe 192!
RE~OLUTlON REN.ATIhJG TO RE`LEr1SE OF BOhdD ON OFF STREET PARKING
MRo GUST FALLDEN
6429 LYNDALE AVENUE SOUTH
LOCATION! 620 WEST 64TH STREET
usEa ONE 22 UNIT APARTMENT $UIrDING
WHEREASg MRo GUST FALLDEN HAD AN OFF«"STREET PARKING AGREEMENT.VdITH THIS VILLAGE
RELATING TO 620 WEST 64TH STREET.d WHICH COn1TRACT BEARS THE DESIGNATION OF GoNTr,.4cT
NOe 4838 AND WHICH CONT?ACT WAS GUARANTEED BY A BOND OF THE STe PAUL FIRE AND Cv1ARINE
INSURAP~OE G0. IN THE SUM1rI OF k,'~2g500e00g AND
!:HEREASg SAID fl~iRe GUST FALLDEN HAS SUESTANTIALLY COMPLIED t:'ITH THE PROVISIONS
OF SA$D`'AGREEMENT AND THE STo PAUL FIRE AND MARINE INSURANCE COMPANY N0t4 SEEKS TO
BE RELIEVED OF ANY FURTHER OBLIQATION UNDER SAID BON7y AND
4V1-EREASg THERE APPEARS TO BE NO JUSTIF$CATION FOR REQUIRING SAID 1i~R. GUST FALLDEN
TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENTe
NOW THEREFORE'. BE IT RESOLVED BY TWE VILLAGE COUNCIL OF THE VILLAGE OF RICMFIELDg
P,9INNESOTAg AS FOLLOWS!
THAT THE VILLAGE MANAGER !S HEREBY AUTHORISED AND DIRECTED TO RELEASE THE STo PAUL
FIRE AND Il4ARINE INSURANCE COMPANY FROM LIABILITY FOR ANY •A(d0 ALL ROTS OF Pr1Re GUST
FALLDENs COMMITTED OR INCURRED IN VIOLATION OF SAID COPJTRACT N0, 4$3g ON AND AFTER THE
13TH DAY of Jul.vg 1959®
ADOPTED BY THE VILLAGE COUNCIL OF T HE VILLAGE OF RICHFiEL3 THIS 13TH DAY OF JULYg
Is59.
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IRVI ~. KELD ENg 149Ay0R~
ATTEST!
C~ i~~~~
EDt'JARD Je MO NEe 1LLAGE CLERK
VAN KR VELENg MANAGERA I