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1964-3233r~® R RESOLUTION N0,3233 b e RESOLUTION ~tELATING TO RELEASE OF BOND ON OFF-STREET PARKING DRo FREDRIK We NOBLE 5421 IOTH AVENUE SOUa?i LOCATIONC 64,08-10 N>6COLLET AVENUE USE°e CONVERT DOUBLE BUNGALOW INTO DENTAL OFFICE, ._ WHEREAS, JRo FREDRIK We NOBLE, 5421 IOTH AVEN UE SOUTH' RICHFIELDS MINN- ESOTAS HAD AN OFF-STREET PARKING AGREEMENT WITH THIS VILLAGE RELATING TO 6408-1.0 NICOLLET AVENUES WHICH CONTRACT BEARS THE DESIGNATION OF CONTRACT NO,. 7525 AND WWICH CONTRACT WAS GUARANTEED BY A BOND OF THE FIDELITY AND CASUALTY COMPANY OF NEW YORKS NEW YORF~SIN THE 3UM OF TWO THOUSAND ($25000' DOLLARSS AND WHEREAS SAID ORo FREDRIK Wo NOBp,E HAS SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF SAID AGREEMENT AND THE FIDELITY AND CASUALTY COMPANY OF NEW YORK NOW SEEKS TO BE RELIEVED OF ANY FURTHER OBLIGATION UNDER SAID BONDS AND '' wHEREASS THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING SAID DRe FREDRIK W• NOBLE TO CONTINUE TO PROVIDE A BOND FOR SECURITY ON THE PERFOR- MANCE OF SAID AGREEMENTo NOW THEREFORES BE IT RESOLVED BY THE VILLAGE COUNCIL OF TWE VILLAGE OF RICHFIELDS MINNESOTAS AS FOLLOWSB THAT THE VILLAGE MANAGER IS HEREBY AUTHORIZED AND t31RECTED TO RELEASE THE F'IOELITY AND CASUALTY COMPANY FROM LIABILITY FOR ANY AND ALL ACTS OF DR, FREDRIK Wo NOBLE COMMITTED OR INCURRED IN VIOLATION OF SA10 CONTRACT NOo 7525 ON AND AF~'ER THE 22N0 DAY OF .1UNES 19640 ~~ ATTESTa Cr/ DILL