1962-2907r~~
1
WHEREASe SAID MATTHEW R, WALBW HA 6 SUBSTANTIALLY COMPLIED WITH THE PROVISIANS OF SAID AGREE=
1
N011r THEREF9RE9 BE IT RESALVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF RtCHF1EL09 MINNESOTA9
THAT THE VILLAGE MANAGER 18 HEREBY AUTHORI~EO AND DIRECTED TO RELEASE THE SEABOARD BURETS'
RESOL,UTISN NO• 2907
RESt1tUT10N RELbkTIN.t3 TA RELEASE OF BOND ON BFF~STREET 1~-RKINQ
MATTHEW R• WALSH
2237 KENTUCKY AVENUE SOUTH
tOCATIONi 7700-7780 BLOOMINGTON AYENtE
USEi TuVD 12 UNiT AND TWO $ UNI-, I
APARTMENT BUILDINGS
WHEREd~S9 MATTHEW R. WALSHs 2237 KENTUCKY AVENUE SouTH9 MINNEAPOL189 MI NNESOTA9 HAD AN OFFS
6TREET PARKING AGREEMENT WITH TWIS VILLAGE RELATING TO 7700m7780 BLOOMINGTON AVENUE SOUTH9 WHICH
CONTRACT BEARS THE DESIGNATION OF IkPPLICATION NOe.6Cm369 CONTRACT NOs 570a AND WHICH CONTRACT WA8
GUARANTEE® BY A BOND OF THE SEABOARD SURETY COMPANYs NEW YORK9 NEW YORK9 IN THE 6UM OF $129000,009
AND
MENT A1~ THE COMMERCIAL INSURANCE COMPANY NOW SEEKS TO BE Rf1;LPEVE? OF ANY FURTHER OBLIGATION UNDER
SAID BONDS AND
WHEREAS9 THERE APpEAR8 TO BE NO JUSTIFICATION FOR REQUIRING SAID MATTHEW R,, WALSN TO CONTINUE
TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE ~'' SAID AGREEMENT.
AS FOLLOWSi
COMPANY FROA9 LIABILITY FOR ANY AND ALL ACT8 OF MATTHEW Re WALSH9 COMMITTED OR INCURRED IN VIOLATION
OF SAID CONTRACT NOo 6I?9 ON AND AFTER THE 26TH DAY OF NovEMBIER9 1962 ~
ADDPTE® BY THE VILLAGE COUNCIL OF THE VILLAGE OF RICHF~LD TH18 26TH DAY OF NOVEMBERS 020
1
A TTESTi
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