1960-2202r~~
RESOLUTION N0. 2202
RESOLUTION RELATING TO RELEASE OF SAVINGS ACCOUNT 'DEPOSIT
BOOKS ACCEPTED IN LIEU OF SURETY BOND ON OFFaeSTREET PARKINQ
MRm ROY Eo HELM
5712 WOODLAND LANE
LOCATIONS 660t AND 6613 11TH AVENUE SOUTH
UsEB TWO 10 UNIT APARTMENT BUILDING8
WHEREASs MR. ROY Eo HELM HAS AN DFFmSTREET PARKING AGREEMENT WITH THIS VILLAGE
RELATING TQJ 6601 AND 6613 11TH AVENUE SOUTW~ WHICH CONTRACT BEARS THE DESIGNATION
OF CONTRACT NOo 4~8 AND WHICH CONTRACT 18 GUARANTEED BY SAVINGS ACCOUNT BOOK NOD 48391
SHOWING A BALANCE OF '~1,~542.50 AND SAVING6 ACCOUNT BOOK No. 48332 SHOWING A BALANCE OF
~1y547o35 IN THE FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF U11sGON81N9 AND
WHEREASa SAID ROY E. HELM HAS SUBSTANTIALLY CgMPLIED WITH THE PROVIS1oNS OF SAID
AGREEMENTe AND
WHEREAS9 THERE APPEARS TO BE NO JUSTIFICATION•FOR REQUIRING RoY E, HELM TO CONTINUE
TO PROVIDE 6ECURITY IN THE AMOUNT OF $2~,500e00 FOR THE PERFORPJIANCE OF SAID AQREEMENTd
NOW THEREFOREa BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELDg
MINNESOTAy AS FOLLOWS8
1. THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE SAVINGS
ACCOUNT BOOK No. 48391 AND SAVINGS ACCOUNT BOCK No. 48332, To MRe RoY E® HELM,
ADOPTED BY THE VILLAGE COUNCIL OF SHE VILLAGE OF RICHFIELD THIS 27TH DAY OF JUNEe
1960 0
ATTEST e
' V 1LLAGE K '
a ~ ~/~-°'
,~, MAYOR
G~~
NA GER