1960-2169r~~~
f '~
RESOLUTION N0. 2169
RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING
RIMNAC~ HANSEN AND ADELMANN
10554 WENTWORTH AVENUE
LOCATIONY 6316 PENN AVENUE SOUTH
USEt $0W1~FNG ALkE~'- ---- - _._ -- ---
WHEREAS' RIMNAC~ HANSEN AND ADELMANN HAD AN OFF-STREET PARKIddG AGREEMENT
WI TM THIS VILLAGE RELATING TO 6316 PENN AVENUE SOUTH WHICH CONTRACT BEAR8
THE DESIGNATION OF CONTRACT NO. 435 AND WHICH CONTRACT WAS GUARANTEED BY
A BOND OF THE ;S To PAUL FIRE AND MARINE INSURANCE COMPANY ST• PAULA MINN.
ON THE SUM OF $4500.40 AND
WHEREAS SAID RIMNAC~ HANSEN AND ADELMANN HAS SUBSTANTIALLY COMPLIED
WITH THE PROVISIONS OF SAID AGREEMENT AND THE STo PAUL FIRE AND MARINE IN•
SURANCE COMPANY NOW SEEKS TOBE RELIEVED OF ANY FURTHER OBLIGATION UNDER SAID
BONDy AND
WNEREASy THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID RIMNAC~
1
HANSEN AND ADELMANN TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORM-
ANCE OF SAID AGREEMENT.
NOW THEREFORE' BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE of
RICHFIELD' MINNESOTAy AS FOLLOWSY
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE
THE ST. PAUL FIRE AND MARINE INSURANCE COMPANY FROM LIABILITY FOR ANY AND
ALL ACTS OF RIMNACy HANSEN-AND ADELMANN COMMITTED OR INCURRED IN VIOLATION
OF SAID CONTRACT NO. 435 ON AND AFTER THE 9TH DAY OF MAYS 1960.
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD TH19 9TH DAY
OF MAY, 1960.
~!~ ~~J.~
ATTEST:
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VILLA CLERK
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