1961-2591r~~
RESOLUTION N0. 2591
1
RESOLUTION RELATING TO RELEASE OF ENO ON OFF-STREET PARKING
W0 A• IFL30Ns 6616 PENN AVEN~~
i.®cMi~s 66t6 PENN AVENUE
USEt RESTAURANT
WHEREAS, W• A• OLSON, 6616 PENN AVENUEs HAD AN GFF-STREET PARKING AGREEMENT WITH THIS
VILLAGE RELATING TO 6616 PENN AVENUES WHICH CCNTRACT BEARS THE DESIGNATION OF CONTRACT NOo
NO. 4799 AND tlihllCH CONTRACT WAS GUARANTEED BY A BtNJD OF THE ST. PAUL FIRE. AND ~u1AR1~UE dl`d-
SURANCE COMPANY IN THE SUAI OF ~ts000~00~ AND
WHEREAS' SAID Wo A• OLSpN HAS SUF}STAVTIALLY COMPLIiah WITH THE PROVI SIGNS C•F SAID AGREE'
MENT AND THE ST. PAUL FIRE AND 1~1ARINE INSURANCE COMPANY NOW 6EEk:o TO 8E RELIEVED OF ANY FURTHER
OBI.iGATION UNDER SAID BON Dg AND
i~HEREAS~ THERE APPEARS TD BE NO JUSTIFICATION FflR REQUIRING SA 10 W. A, OL~PJ TO CONTINUE
1
TO PROV IDE A BOND FOR SECUR 1 TY ON THE PERFORMAN.''lE OF 50.1 D AGREE~dflmN'f o
NO~d THEREFOREa BE IT RESOr_VED BY rHE VILLAGE CpUNCiI. OF THE vlc.l.AGE c~F RICK IELCy AS
FOLLE)~-S:
THAT THE VILLAGE h1ANAGER IS WEREBY AUTHORlXED AND DIRECTED T~3 r~ES-EASE i'yE ST. PAUi~. FIRE
AND MARINE O;vSURANCE COMPANY FROfiA LIABILITY FOR ANY AND At.L ACTS 01=' W. A• OLSON COMMITTEL' OR
INCURRED IN VI®LATION OF S41D CONTRACT NOo 479 ON AND AFTER THE 2JTH DAY OF SEPTEMBER' 1961•
ADOPTED BY THE VILLAGE C®UNCIL OF THE VILLAGE OF RICHFIELD THI$ 25TH DAY OF SEPTEMBERy
1
1961s
ATTEST 5
n
v tLLAGE twERK
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MAN GER