1960-2375r~®
RESOIoUT10N NOo 2375
RESOLUTION RELATING TO RELEASE OF 'BOND ON OFFdeSTREET PIARKINO
Os Js RUBEL AND OORA SUE RUBEL MAURICE AND MAY Me GOLDMAN
3906 YORK AVENUES SOUTH 1618 VINCENT AVldNUE 1VORTiF9
t~®oAT1oNa 7501 m 7515 PENN AVENa~ SouTl~
USES TWO 1! UNIT APARTMENT BUILDINGS
WHEREAS, B, J, RUBEL AND DORA SUE RuBELe 8906 YORK AVENUE.SouTH AND MAURICE AND MAY Me
(30lDMANg 1618 VINCENT AVENUE NORTlIa HAD AN OFFrSTREET PARKING AGREEMENT WITH THIS VILLAGE
RELATING TO 750115 PENN AVENUE SOUTH, WHICH CONTRACT BEARS THE DESIGNATION OF CONTRACT N 00
439, ANO WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE UNITED FIRE AND CASUALTY COMPANY
of CEDAR RAPIDSS IoWA9 IN THE 19uM DF FIVE THOUSAND FIVE HUNDRED (5,500000) OOLIA Rs, AND
I~HEREAS, SAID Bo Js RUBEL AND DORA SUE RUBEL, AND MAURICE AND MAY Mo QDLDMAN, HAVE
SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF SAID AGREEMENT AND THE UNDYED FIRE AND CASUALTY
COMPANY NOW SEEKS TO BE RELIEVED OF ANY FURTHER OBLIGATION UNDER SAID BOND, AND
WHEREAS, THERE APPEARS TO BE NO duSTIFICATION POR REQUIRING 8AID Bo ,o RUBt,L AND DORA
SUE RUBELp AND PdIAURICIb AND MAY Me GOLD MAN TO CONTINUE TO PROVIDE A BOND E°OR SECURITY ON THE
PERFORMANCE OF SAID AGREEMENTO
NOW THEREFOREa BE IT RESOLVED BY THE VILLA GE COUNCIL DF THE VILLAGE o~ RICHFOELDa MINN~
ES07A8 AS FOLLOWSH
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED ~SiID DIRECTED TO RELEASE THE UNITED FIRE AND
CASUALTY COMPANY FROM LIABILITY FOR ANY AND ALL A CTS OF Be ,® RuI~EL AND 190RA SuE RUBELe AND
MAUR ICE AND MIbY Me QDLDMAN COMMITTED OR INCURRED IN VIOLATION 0~' SAID CONTRACT NOe 439s ON AND
AFTER 7HE 12TH DAY OFOECEMBERp 1960®
ADOPTED BY THE VILLAGE COUNCIL OF 7HE VILLAGE OF ICHFI D TH D OF BER,
1960. r
MAYOR