1962-2896r.-,
~u
RESOLUTION N0. 2896
RESOLUTION REUITING TO RELEASE OF BOND ON OFF-STREET PARKIN Q
OPPORTUNITY WORKSHOP
6315 PENN AVENUC SGUTIi
RICHFIELD MINNESOTA.
LOCAT'ONS 6315 PENN AVENUE SOUTH
USES< REHABILITATION CENTER
41HEREASa OPPORTUNITY WORKSHOpa 6315 PENN AVENUE SOUTHa RICHFIELD MINNESOTAa HAD AN
OFFwSTREEi' PARKING AGREEMENT WITH THIS VILLAGE RELATING TO 6315 PENN AVENUE SOUTH9 WHICH
CONTRACT BEARS THE DESIGNATION OF CONTRACT NOo ~1'9a AND WHICH CONTRACT WAS GUARANTEED BY A
BONU OF THE AM~RIGAN CASUALTY COMPANY OF READiNGa PENNSYLVANIAa IN THE 8UM OF SIX HUNDRED
(~600.00~ DDLLARSa AND ,
oJHEREi+Sa SA9D OPPORTUNITY WDRKSH®P HAS SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF
SA10 AGREEMENT AND THE AMERICAN CASUALTY COMPANY NOW SEEKS TO BE RELIEVED OF ANY•FURTHER
OBLIGATION UNDER SAID BONDa AND
IHERrr"a,Sa ?HERE APPEARS 70 BE NO JUSTIFICATION FOR REQUIRING SAID OPPORTUNITY WORKSHOP
TO CONTINUt4 TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMENTo
N04! TFIEREFOREa BE IT RESOLVED BY THE VILLAGE COUNCIL OF' THIr VILLAGE OF RICMFIE:LDy MINK-~
cSOTAy AS frOI..LOWSB
T-HAT THI". VILLAGE MANAGER IS HEREBY AUTHORIrED ANO OIptCTED TO RELEASE THE AMERICAN
CASUALTY COMPANY F'ITOM LIABILITY ,FOR ANY AND ALL ACTS OF OPPORTUNITY WORKSHOP OOMMITTldD OR
(NCIJREdED IN VIOLATION OF ffiAID CONTRACT NOo ~9s ON AND AFTER THE 12TH DAY OF NOVEMBER, 19620
ADOPTED BY THE VILLA GE COUNCIL OF THE VILLAGE OF RICHFIELD TMIS 12TH DAY OF NOVSMBERa
1962•
4 TTEST g
~~
VILLA CLERK
~_._ ~ 4~J ..~'~
~'~-- MAYOR
~.
MA DER