1963-2975r,--,
~~
1
RESOI.UT90N NO• Z975
RESOLUTION REk.ATING TO RELEASE OF BOND ON OFFmSTREEI' PARKING.
MAQNBSON ~ BJURQUO€T
4200 42ND A1fENUE 1>~UT&D
LoCAT 10N.8 7601 AND 7C 13 18TH AQ~ENU~ SOUTai
USES `I~10 7 UNIT APARTMENT BU@LDiNQ&
WHEREASg MAaNeSON & BJURQU@~~ 4200 42N~a Av~EN~ ~UTa~9 MaNNEA~Oad@~~ MiNNESOTAg waD AN
OF'Fa°ST~~E9' PARK I NGi ABREEflflENT W 9TH TW B S ~ @ LLA QE RELAT 1 N® T® 760 I AND 7613 IBTH A49ENt9E SOUTHg
1
WHOCH CONTRACT BEARS TWE DESiCiNATiON OF APPLICATaON NOo 58~34g CONTRACT N0a 4828 AND WH@OW
CONTRACT WAS fiUARANTEE@9 BY A BOND 0F' THE WESTERN SURETY OOMpANYg SIOHD~ fAL@.Sg w~/UTC~ DAKOTAg
aN THE suM 0~ $4g00o„0®, AND
WHEREASy SAID M46N@SON do BJURQUi&'['gHA~SUBSTANT@ALLY COMPLIED W@TH THE PR01VaSa0N& 0~° SAI®
i~
A~EEMENT ANO TF~ WESTERN SURETY GOMF~ANY NOW &EEHSS T~ BE REL@E'VED OF' ANY FURThER OBLIQATi0~9
UNDER SID BONDg AND
WHEREASg THERE ApPEAR& TO BE NO d~iSTiFIOATa®N FOR REiiU@RINQ ~+aD MA~Na~N ~ Be9MRQUiST
TO CONTINUE TO Ri01AIDE A BOND FOR SEOUR@'igP ON 3'HE PERFORMANCE OF SAa~ At~REEMENT®
NOII THEREFOREg BE OT RESO~VEO BY THE V6L@A GE O®UNCiL OF THE ~ILLAQE of RICHFOELOg MINNp
ESOTAg AS FOLLOW St
T@-Z~T THE VILLAQE MANAQER @S HEREBY AUTHORIZED TO RELEASE THE WESTERN SURETY OOMPAN~ FROAA
L iA6 @ L I TT F' OR ANY AND ALL ROTS OG` MAIN I SON 8o B~9URQU @ ST9 OOMM i TTED OR a NCURRE~ @ N 9S 1 OLAT ION
OF SAID OoNTRAOT N®. 4~g ®N AND AFTER THE 19TH DAY ®~ Mt~RCH9 9930
~®®PTEQ BY TIC ~aLLAaE 0®UN~IL a~ T~ ~9iLLAGE ®~ RIOHFIELO THa~ IITII DAY ~ fULAR0a9g 1~~®
~° I~YOR
AT TEST g
'~~~%~
VBL~.AG 09I~RK
~~
af64 GER