Loading...
1960-2342r~~~ RESOLUTI~1 NO• RESOL'UI'1~1 REtATINQ TO RELEASE OF BOND ON OFFmSTREET PARKIN© EARL IIUFRESNE 5601 13TH AVENUE SouTH t,DCArloaa 910 RAE DRIVE USEa ONE 11 UNIT APARTkIENT BUILDING WHEREAS IdRe EARL OUFRESNEy 5701 13TH AVENUE SOUTH9 HAS AN OFFdSTREET PARKING AGREEMENT WITH 9H IS VILLAGE RELATING TO 910 RAE QRIVEy WHICH CONTRACT BARS THE DESIGNATION OF CONTRACT NO. 558 AND WHICH CONTRACT ipAS AUTARANTEED BY A BOND OF THE WESTERN SURETY COAIPANYs SIOUX FALLS SOUTH OAKOTA~ IN TWE SU11 QF $'Ls000e00' AND ~, WHEREAS 8A10 EARL,OUFR66NE~HAS 8UBSTANTIALLY COMPLIED WITH THE PROVISIONS of SA 10 AGREE HINT AND THE WESTERN SURETY COMPANY OF SIOUX FALLSy SOUTH OAKOTAy NOW 8EEK11 TO ~ RELIEVED OF ANY FURTHER OBLIGATION UNDER SAID BONDy AND WI$REAS~ THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID EARL.OUFRESNIq TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AQREF~ENTe NOW THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELDy IIINNESOTA~ AS FOLLOWS f THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED ANO DIRECTED TO RELEASE THE SESTERN SURETY COMPANY of SIOUX FALLSy &OUTH DAKATAy FROIA LIABILITY FOR ANY AND ALL ACTS OF' NiRs EARL DUFRESNEs COMMITTED OR INCURRED 1N VIOLATION~OF SAID CONTRACT N0. S~S~ ON AND AFTER THE 14TH DAY OF NOVEMBERS f960e ADOPTED BY THE VILLAGE OOUNCIL OF TF~ VILLAGE OF RICHFIELD THIS 14TH DAY OF NOVEMBERy 1960e YOR ATTESTa ft t UILL~E ULERK °- .ti ~~, IIAN A (~R