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1962-2770r~~~ 1 RESOLUTION Noe 2770 RE90LUTtON RELATING TO RELEASE OF 9pN0 ON GFF~,STREET PARKING 6ERT MONTEN 6945 I;OQ~ r.veNUE SouTN L.DCATIDNS 6612 12TH AVENUE 50UTN USEi ONE I1 UNIT APARTMENT BLDG. WHEREA~S~ BERT MONTENS 6945 LO®AN AVENUE SOUTH RICHFIELD MI NNESOTAs HAD AN OFF'p STREET PARKING AGREEMENT WITH TH13 VILLAGE RELATING TO 66{2 12TH AVENUE vOUTHS WHICH CONTRACT BEARS THE DESIGNATION OF CONTRACT N0. 662 AND WHICH CONTRACT WAS GUARANTEED BY A BOND 01+' THE ST• PAUL FIRE do MARINE (N3URANCE COMPANY ST• PAULs MINNE@107AS IN THE SUM OF ~ 1300~00~ AND WHEREASs SAID BERT MoNTEN HA6 SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF SAID 1 AGREEMENT AND THE ST• PAUL FIRE & MARINE INSURANCE COMPANY ST• PAuL~ MIN NE SOTA~ NOW ~EkS TO BE RELIEVED OF ANY FURTHER OBLIGgTICN UNDER eA1D BON©~ AND WHEREASi THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID BERT MONTE'.N t0 CON~^ TINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SA10 AGREEMENT. NOW THEREFORE 9E iT RESOLVED BY tHE VILLAGE COUNCIL OF THE VILLAGE OF RICFIFIELDD M1NNESOTA~ AS FoLLOWSa THAT THE VILLAGE MANAGER 13 HEREBY AUTHORISED AND DIRECTED TO RELEA~ THEr STe PAUL FIRE 8a MARINE INSURANCE COMPANY FROM LIABILITY FOR ANY AND ALL ACTS OF BERT MONTEN COMMITTED OR INCURRED IN VIOLATION OF $A ID CONTRACT NO. 6621 ON AND AFTER THE 25TH DAY OF JUNES 1962 ADOPTE6~ BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHFIELD TH18 25TH DAY OF JUNEe 1962• IW > ~..~-~1~ ~--- MAYOR ATTESTa VILLAGE CL K MANA R