Loading...
1963-3138r~J 1 RESO LUT ION NO ~ 138 RES]LU'I'ION RELATINti TO RELEASE OF 80N0 ON OFFmSTRfET PA,RKi~ SUPERSMERICA STATtONBg INC; , BE-X 2488 , Sr. PAUk PARKD MINN® LOCATIONS 826 DEBT 66TW STREET U8E 11 taA 80k I NE SERVICE STAT t ON I~HEREASS SUPERAMERICA STATIONBg INC•S B9X 2485 STo PAtX:, PARKS MINNESOTAg WAD AN OFF~TREET PARKING AGREEMENT KITH TWIe VIkL.AOE RELATING TO 826 1YEST 6BSS!1 STREETS ~YWICH CONTRACT BEARD TH£ DESIGNATION OF CONTRACT NOe 67OS AND 6YWICW CONTRACT t~AB GUARANTEED BY A BOND OF TWE ANCHOR CASUAkTY COMPANYg 2700 UNIVER8ITY AVENUES STe PAULg MINNESCTAS IN THE t3tiM OF ~4s200a00g AND wMEREASg RAID SUPERAMERICA STATION Sp INCey WAS SUBSTANTIALLY GOMPI_1Eq NiBTW THE PROm I VI8tON8 OF SAID AGREEMENT AND TWE ANCWOR CASUAkTY COMPANY NOYP 8EEK8 TO BE RELIEVED OF ANY FURTHER 08k1GATI0N UNDER SAID BONDS AND YPWEREAS, THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING tllllt! SuPERAMERICA STATION G T@ CONTINUE TO PROVIDE A BOND FOR SECURITY ON TWE PERFORMANCE OF SAID AGREEkAENT; NOtp TFIEREF~OREg BE IT RESOLVED BY TWE VIkkAGE COUNCIk OF TWE VIkkAGE OF RICWFIEkDe MINN~» ESDTAS A8 FOkkONt88 TWAT THE VILLAGE II'ANAGER I8 HEREBY AUTWORI2ED AND DIRECTED TO R EkEABE TWE ANCHOR CASUAkTY COMPANY F©R ANY AND AL.k ACT8 OF SUPERAMERICA $TATtONSS INCeg COMMITTED OR INCURRED IN VIOkA~ TION OF SAID CONTRACT NO, 670 ON AND AFTER TWE 2STt1 DAY DF NOVEMBERS 1963e ADOPTED BY TIIE VILLAGE COUNCOQe OF THE VILLAGE OF RICHFIELD THIS 25TI'9 DAY 0~' NOVEMBERa 1963. M1~IYOR AT TEST t VILLA CLERK `A~kNAt3ER