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1960-2206r~~ R£30LUTION N0, 2206 .RESOLUTION RELATING TO RELEASE OF BOND OM OFI°eSTREE?° PARi(ING A. G, BOGEN 1006 IST NATIONAL ' LOCATIONS IOOlai5 USEf TWO 11•UNIT WHEREAS A. G, BOGEN MAD AN OFFaSTREET RELATINQ TO 1001.15 E, 66TH STREET' WMICW C~ Soo LINE BLDG. E, 66TH STREET APARTMENT BLDGS, P1~RKING AGREEMENT WITH THIS VILLAGE 3NTRACT BEARS THE DESIGNATION OF CONTRACT N0. ~43o AMID WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE HARTFORD ACCIDENT' AND INDEMNITY COMPANYy HARTFORD, CONNECTICUTs IN THE SUM OF $3'000.008 AND WHEREASe SAlO A, G, BOGEN HAS SUBSTANTIALLY COMPLIED WITH THE PROVISIONS a - OF SAIfl AGREEMENT AND THE HARTFORD ACCIDENT AND INDEMNITY GOMPARvY NOW SEEKS TO BE FiEI,IEVED OF ANY FURTHER OBLIGATION UNDER SAID BOND AND WHEREAS' THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID A. G, BOGEN TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENT. NOW THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL of THE VILLAGE OF RICHFIEI,Df MINNES©TAe AS FOLLOWS: THAT THE VILLAGE MANAQER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE HSRTFO'RD ACCIDENT AND INDEMNITY COMPANY FROM LIAk31LITY FOR ANY AND ALL ACTS OF Ar Q; BOGEN' COMMITTED OR INCURRED 1N VIOLATION OF SAID CONTRACT NO, 44S ON AND AFTER THE 11TH DAY OF JULYp 1960. MA4~0 ATTESTS - ~ ', ~~~ ~~ . .., ...~. L ~-.---~---