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1963-3087r43 1 RESOlUT-ION NO• 3087 RESOLUTION CANCE!!!NG CONTRACT ANO RELFASINO 80 ND ON OFF»STREET PARK6N® QOLD EAQLE CORPORATION "~ 4725 STATE H t (iNWAY 7, MINNEApOL18 t6, MINNESOTA. LoeaTlolva 2820 WEST 66TH STREET, UsEa COIN OPERATED LAUNDRY 8o DRY CLEANINQ• WHEREAS, QOLD EAQLE DDRPORATIDN, 4725 STATE HIQHWAY 7, MINNEAPOLIS 16, MINNE80TA, HAD AN OFF•STREET PARKIN~Q AQREEMENT WITH THIS VOLLAgE RELATINQ TO 282A WEST 66TH STREET, WHICH CONTRACT 8EAR6 THE DESIGNATION OF CONTRACT NO. 680, AND WHICH CONTRACT WAS QUARANTEED BY A BOND OF THE AETNA CASUALTY 8e SURETY COMPANY, HARTFORD, CONNECTICUT, IN THE SUM OF 3,500•®O, AND WHEREASf RAID QDLD EAQLE CORPORATION ADVB8ES THAT THEY WILL NOT OON6TRUCT A COIN OPERATED 1 LAUNDRY do DRY CIrEANINQ ESTABLISHMENT AT THE ABOVE LOCATION AND DE 8IRES TO HAVE THE PERMIT CAN» GELLED AND BOND RELEASED, AND WHEREAS, THERE APPEAR8 TO BE NO JUSTIFICATION FOR REQUIRINQ SAID 60LD EAQLE CORPORATION TO CONTINUE TO PROVIDE A CONTRACT AND BOND FOR SECURITY ON THE PERFORMANCE OF SAID At3REEMENTv NOW, THEREFORE, BE IT RESOLVED BY THE VILLAQE 0®UNCIL OF RICHFIELD, MINNE SOTA, A S FOLLOWSa THAT THE,VILLApE MANAQER 18 HEREBY AUTHORISED AND DIRECTED TO CANCEL CONTRACT NO. 680 AND RELEASE THE AETNA CASUALTY $ SECURITY COMPANY FROM LIABILITY FOR ANY AND ALL ACTS OF (xbLD EAf3LE CORPORATION COMMITTED OR INCURRED tN VIOLATION OF SAID CONTRACT N0. 6809 ON AND AFTER THE 26TH DAY OF AUqusT, 1963• ADDPTEO BY THE VILLAQE COUNCIL THIS 26TH DAY OF AUQUST, 1963• ATTESTa ,~Z~i= Gc~C,P ' VIltAO CLERK M0.Y0 R ,~ , Mt4NA