1959-2018r_. ~~
RESOLUTION NO. 2018
RESOLUTION REDUCINQ BOND FROM ~10~800.00 TO $2s000~00 ON
ADOLFSON 8o PETERSON 1ST AOdITION.
VILLAGE PLAT N0, 127
• CONTRACT N0o 282
ADOLF80N 8o PETERSON i9EVELOPER3
2817 BRYANT AVENUE SOUTH
BE IT RESOLVED BY THE VILLA GE COUNCIL OF THE VILLAGE OF RICHFIELD, AS FOLLOWSS
THAT PURSUANT TO THE VILLAGE ENOINEER~S RECOMMENDATION THAT ALL THE SANITARY
SEWER REQUIRED UNDER SUBDIVl0ER~8 CONTRACT N0. 2$2 HAS BEEN INSTALLED IN ADOLFSON
& PETERSON 1ST ADDITION AND HA8 BEEN PAID FOR BY THE DEVELOPER.
THAT A SUBSTANTIAL AMOUNT OF WORK HAS BEEN COMPLETED AND THEREFORE A REDUCTION
IN BOND IS AOCEPTABLEo
THAT THE VILLAGE CLERK IS HEREBY AUTHORIZED TO ACCEPT A SURETY BOND IN THE
AMOUNT OF ~2~000000 ON LIEU OF BOND FURNISHED BY THE STo PAUL (UIrRCURY INSURANCE
COMPANY 1N THE AMOUNT OF s~lOy800o000
PASSED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICWFIELDy MINNES07A9 TH18 9TH
DAY OF NOVEMBERy 1959s ~,
~ ~
®MAYOR
ATTESTS
1
Vlt CIrERK
MA QER
1