1960-2168r~ i
RESOLUTION N0. 2168
RESOLUTION RELATING TO RELEASE OF SAVINGS ACCOUNT BOOK
IN AMOUNT OF $800000 ON OFF~STREET PARKING
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THOMAS A,LLSTOPP
8725 CLINTON AVENUE
LOCATIONe 1524 EAST 66TH STREET
USEe PRINT SMOP
WHEREASy THOMAS ALLSTOPP HAD AN OFFmSTREET PARKING AGREEMENT WITH THIS
VILLAGE RELATING TO 1524 EAST 66TW STREETfl WHICH CONTRACT GEARS THE DESIt3NA•
TI ON OF CONTRACT NOo 5078 AND WHICH CONTRACT WAS GUARANTEED BY SAVINGS
ACCOUNT BOOK NOo 5209 CONTAINING A BALANCE OF $800000 IN THE COMMUNITY STATE
BANK OF BLOOMINGTON tMPLSo 2O) MINNESOTAy AND ASSIGNED TO THE VILLAGE OF
RICHFIELDg AND
WHEREASg SAID THOMAS ALLSTOPP HAS SUBSTANTIALLY COMPLIED WITH THE PROS
VISIONS OF SAID AGREEMENTy AND
WHEREAS' THERE APPEARS TO BE NO e1USTIFICATION FOR REQUIRING SAID THOMAS
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ALLSTOPP TO CONTINUE TO PROVIDE A BOND FOR SECURITY OF THE PERFORMANCE OF
SAID AGREEMENTo
NOW THEREFOREa BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF
RICHFIELDs MINNE90TA~ AS FOLLOWSS
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RETURN
THE ABOVE DESCRIBED SAVINGS ACCOUNT BOOK NOs 5209 TO THOMAS ALLSTOPPo
ADOPTED BY THE UILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD THIS 9TH DAY
of MA Ye 1960,
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ATTESTs
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