1961-2646r~~
RESOLUTION NO.. 2646
RESOLUTION RELATING TO RELEASE OF BONG ON OFF-STREET PARKING
W~LLIS C. MICHAELI8
6645 COLUMBUS AVENUE SOUTH
LOC: 1508 EAST 66TH STREET
USE: CAFES BAR@ER SHOP AND BEAUTY SHOP
WHEREASp MR. WILLIS C. MICHAELIS, HAD AN OFF-STREET PARKING AGREEMENT WITH
THIS VILLAGE RELATING TO 1508 EAST 66TH STREET, WHICH CONTRACT BEARS THE GF"SIGNA4
TION OF CONTRACT N0. 603, AND WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE ST.
PAUL FIRE AND MARINE INSURANCE COMPANY OF ST. PAUL, MINNESOTA, IN THE SUM OF
$2,200900, AND
WHEREAS' sAID WILLIS C. MICHAELIS HAS SUBSTANTIALLY COMPLIED WITH THE PROV1SItlFJS
OF SAID AGREEMENT AND THE ST. PAUL FIRE AND MARINE INSURANCE COMPANY OF STe PAULa
MINNESOTA, NOW SEEKS TO BE RELIEVED OF ANY FURTHER OBLIGATION UNDER SAID BOND, A~~C
WHEREAS' THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID WILLIS C9
MICHAELIS TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID
AGREEMENT.
NOW THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF
RICHFIELD, MINNESOTA, AS FOLLOWS:
THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO RELEASE THE
ST. PAUL FIRE AND MARINE INSURANCE COMPANY FROM LIABILJTY FOR ANY AND ALL aCTS 0=
IdILLIS C. MICHAELIS COMMITTED OR (NCURR.ED !N VIOLATION OF SAID CONTRACT NO. 603,
ON AND AFTER THE IiTH DAY OF DECEMBER, 1961•
ADOPTED BY THE VILLAGE COUNCIL. OF THE VILLAGE OF RICHFIE LD THIS 11TH DAY OF
DECEMBER' 196~Ib
ATTEST:
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