1960-2318r~~~
RESOLUTION RELATING TO RELEASE OF BGNl9 ON OFFm+STREET PARKING
t). E, REEDY
6628 PENN AVENUE SOUTH
LooarloNg 6630 QUEEN AVENUE SDUrH
USES CNE ~ UNIT APARTMENT BUILDING
WtItREASs 0. E• RUEDYy 6628 PENN AVENUE SOUTHp HAS AN OFFAfiTREET PARKING AGREEMENT WITH THIS
WHEREAS SAID 0~ Ea RUEDY HA6 SUBSTANTIALLY COAlPQ,IED WITH THE PROVISIONS OF SAID AGREEMENT
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NOW THEREFOREs BE tT RESOLV EO BY THE VILLAGE COUNCIL OF THE VILLAGE of RICHFIELD MINNES07Ay
THAT THE VILLAGE MANAGER IS HERESY AUTHORIZED ANO DIRECTED TO RELEASE THE UNITED FIRE AN1)
RESOLUTION N0, 2318
VILLAGE RELATING TO 6630 QUEEN AVENUE SOUTH WHICH CONTRACT BEARS THE DESIGNATION OF CONTRACT Nfl ~
525 ANO WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE UNITED FIRE AND CASUALTY CO. OF .CEDAR
RAPIDS IOIrAs IN THE sUM OF $2y50Q~C08 AND
ANO THE UNITED FIRE AND CASUALTY C0~ OF CEDAR RR,PIDS,q IOWAy NOW SEEKS TO BE RELIEVED OF ANY
FURTHER OBLIGATION UNDER SAID BONDy AND
WI$REAS~ THERE APPEARS TO BE NO JUSTIFICA'f10N FOR REQUIRING SAID 0~ E, RUEDY TO CONTINUE
TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SA10 AQREEMENT~
AS FOLLOWSB
CASUALTY COMPANY OF CEDAR RAPIDSy IOWAe FROM LIABILITY FOR ANY AND ALL ACTS OF Do E„ RUEDY~
COMMITTED OR INCURRED IN 1t10LATi0N OF SAID CONTRACT NO, ~28a ON AND AFTER THE 10TH DAY OF OCTOBERy
a-
196®~
ADOPTED BY ,THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELI! THIS (0TH DAY OF OCTOBERS 19600
1
ATTESTS
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VILLAGE CLERK
~$ 4
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MANAG R