1964-3289r~~
RESO I.UT ION NO. 3289
u
RES,LUTION REL~TINO TO RELEASE OF BOND ON OFF-STREET pARKINQ
WAL TER H• WALBURG !
7600 P I LL SBURY r1:VENUE
LOCATIOIVf 7601 PLEASANT AVENUE
USEf BUILDING CONTAINING 3 APARTMENTS
AND 1 OFFICE
WHEREA$a WALTER H• WALBURG 7600 PILLSBURY AVENUE SDUTHa RICHFIELDS MINNESOTAa HAD
AN OFF~+STREET PARKING AGREEMENT WITH THIS VILLAGE RELATING TO ?601--PLEASANT AVENUE' WHICH
CONTRACT BEARS THE DESIGNATION OF CONTRACT NO. 751a AND WHICH CONTRACT WAS GUARANTEED BY
A BOND OF THE V~ESTERN SU<~2ETY COMPANYa SIOUX FALLSa SOUTH DAKOTAa IN THE SUM OF $/400~OOa
AND
WHEREASa SAID WAL TOR W• WALBURG HAB SUBSTANTIALLY COMPLIED WITH THE PROVISIONS OF
SAID AGREEJI~NT AND THE WESTERN SURETY CO• NOW SEEK8 TO BE RELIEVED OF ANY FURTHER OBLIGATION
UNDER- SAID BONDa AND
WHEREASa THERE APPEARS TO BE NO .JUSTIFICATION FOR REQUIRING SAID WALTER H• WALBURt~
70 CONTINUE TO PROVIDE A BOND FOR 8ECURITY ON THE PERFORMANCE OF SAID AGREEMENT.
NOW THEREFOREa BE IT RE 90LVEO BY THE VILLAGE COUNOIL OF 7WE VILLAGE OF RICHFIELDa
MI NNE SOTAa AS FOLLOW Sf
THAT THE VILLAGE MANAGER 18 HERE BV AUTHOR-ZED AND DIRECTED TO RELEASE THE WESTERN
SURETY COMFiANY FROM LIABILITY FOR ANY ANO ALL ACT8 OF WALTER H• WALBURG COMMITTED CR
INCURRED IN VIOLATION OF SAID CON TRACT NO. 751a ON AND AFTER THE (4TH DAY OF SEPTEMBER
1964.
ADOPTED BY THE VILLAGE COUNCIL OF THE VILLA GE OF RICHFIELDa MINNESOTAa THIS 14TH DAY
OF SEPTEMBERS 1964„
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MAYOR
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