1960-2376r~~
RESOLUT B ON N0. `~~~~
RESOLUTION RELATING TO RELEASE OF BOND ON OFFaSTREET PARKING
ROBERT ADELMANN
7642 tYNDALE AVENUE SouTH
LDCA T B ON 8 V I C I N I T1° ~'/g ST s fl LYNDALE TO BRYANT A1iE c
USEB WHOLESALE DIS TRIBUTION AND
OTHER MISCELLANEOUS SHOPS
CONTRACT NOa 320
WHEREASg ROBERT ADELMANNg 7642 ~YNDALE AVENUE S®uTHg HAD AN oFF-STREET PARKING AGREEm
MENT WITH TMtS VILLAGE RELATING TO LOTS 69 `7 & 8g BLDCK Ig STRAND°S 2ND ApOIT10Ng LOTS 2
AND 3g BLDCK 2g STRAND4S 2N0 ADDITIONg LOTS 1 & 2g BLDCK 18 STRAND®BOWEN AODITIONg AND
LOTS 4g 5g 6 80 ~g BLOCK 2g STRANO~+BOWEN ADDITDONg WHICH CONTRACT BEAR THE DESIGNATION OF
CONTRACT NO. 32Os AND WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE AMERICAN BONDING
COMPANYg BALTIMOREg MARYLANDg tN THE SUM OF ONE THOUSAI~ (~I~000,00, DOLLARSg AND
WHEREASg SAID ROBERT ADELMANN HAS SUBSTANTIALLY COMPLIED WITH THE PRO°3ISIONS OF SAID
AGREEMENT AND THE AMERIOAN BONDING COMPANY NOW SEEKS TO BE RELIEVED OF ANY FURTHER OB®
CBGATtQN UNDER SAiD BONOg AND
WHEREASg THERE APPEARS TO BE NO .JUSTIFICATION FOR REQUIRING SAID ROBERT ADELMANN TO
CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENT®
NOW THEREFOREg BE IT RESOLVEDg BY THE VILLAGE COIJN~IL of THE VILLAGE of RtCHF1ELDg
MINNESOTAg AS FOLLOWSS
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE AMERICANd
BONGING COMPANY FROM LIABILITY FOR ANY AND ALL ACTS OF ROBERT ADELMANN OOIAMITTED OR INS
CURBED IN VIOLATION OF SAID CONTRACT N0. 32Cg ON AND AFTER THE 12 TM DAY OF OECEMBERg 1960
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHF TH AY OF DECEMBERs
1960.
D
MAYOR
ATTEST S
D NA t~R
L%~~~~-
ILLAGE CLERK