1961-2488r~~~
C
RESOLUTION Noe 2q.66
RESOLUTION RELATING TO RELEASE OF BOND ,ON OFF~STREET PARKING
LINDAHL MOTOR COMPANY
1900 WEST 78TW STREET
LOCATIAN: 1900 WEST 78TH STREET
USEY AUTO SALES AND SERVICE
1
WHEREAS, LINDAHL MOTOR COMPANYe 190D WEST 78TH STREETe HAD AN OFFmSTREET
PARKING AGREEMENT WITH THIS VILLAGE RELATING TO 1900 WEST 78TH STREETy WHICH
CONTRACT BEARS THE DESIGNATION OF CONTRACT NO, 5758 AND WHICH CONTRACT WAS
GUARANTEED BY A BONG OF THE HARTFORD ACCIDENT AND INDEMNITY COMPANYe HARTFORDy
CONNECTICUT IN. THE SUM OF $5,50D.00
WHEREASy SAID LINDAHL MOTOR COMPANY HAS SUBSTANTIALLY COMPLIED WITH THE
PROVISIONS OF SAID AGREEMENT AND THE WARTFORD ACCIDENT AND INDEMNITY COMPANY NOW
SEEKS TO BE RELIEVED OF ANY FURTHER OBLIGATION UNDER SA10 BONDe AND
WHEREASy THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING LINDAHL MOTOR
COMPANY' TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID
AG RE EME NT ,
NOW THEREFOREe BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF
RICHF'tELDe MINNESOTA A3 FOLLOWSS
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE
THE HARTFORD ACCIDENT AND INDEMNITY COMPANY FROM LIABILITY FOR ANY AND AL1~ ACTS
OF LINDAHL MOTOR COMPANY COMMITTiED OR INCURRED IN VIOLATION OF 3A10 CONTRACT
NO. 5758 ON AND AFTER THE IOTH DAY OF JULYe I961s
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD THIS 10TH DAY
OF JULYe 19&1e
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ATTEST:
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