1965-3528r~~~
RESDLUTION N0. 3528
1
RESOLUTION APPROViNO LAYOUT AND CONTRACT FOR OFF-STREET PARKING
IN ACCORDANCE WITH APPLICATION N0. 65-16, CONTRACT NO. 948, AND
APPROVINt3 ESCROW AaREEMEN T IN LIEU OF BON O.
RICHFIELD COMPA NY ~MULTICON~
(033 WE 8T 3R0 AVENUES COLUMBUS OHIO
I.OCATIDNt 75TH TO 767W~ LUGAN TO 35W
USEt 24 APARTMENT BUILDINGSs 212 UNITS
CLERK~8 FILE NOr~6
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHFIELD' A8 FOLLOWS!
1. THAT THE PROP08EC GEOMETRIC LAYOUT OF THE OFF~STRlEET PARKING A8 CONTAINED IN OFF-
STREET PARKING APPLICATION NO. 65-16i IS HERESY APPROVED SUBJECT T9 AND UPON, COMPLETION t>'F
PERFORMANCE OF THE CONTRACT FOR.BUCH OFF~STREET PARKING AS HEREINAFTER AUTHORIZEp~
2, TWAT THE PROP08E0 OFF•STREET PARKING CONTRACT FOR THE IMPROVEMENT OF SAID_OFF~STREET
PARKING AREAS SEARING CONTRACT ND. 948 BE GIVEN CIERK~B FILE N0, 7716 ~ BE PLACED ON FILE
AND THAT THE MANAGER BE AUTHORIZED TO 81GN SAID CONTRACT AND THE CLERK BE AUTHORIZED TO SEAL
THE SAME FOR AND ON BEHALF OF T,HI8 CITY•
3. THAT THE OFF•STREET PARKING OPERATOR~B BONG FOR THE PERFORMANCE OF THE CONDITIONS OF
BA ID OFF~STREET PARKING CONTRACT IN THE AMOUNT OF SIXTY THOU8AND (~60~000r00~ DOLLAR8 ON WHICH
AN ESCROW AGREEMENT BETWEEN THE RICHFIELD COMPANY ~MULTICON~' THE CITY CF RICHFIELD AND THE OW10
NATIONAL BANK OF COLUMBUB~ DATED OCTOBER 25TH, 1965 16 I~REBY ACCEPTED IN LIEU OF A SURETY
BONO~
4r THAT REBPON8161LITY FEfR THE PROPER UPKEEP AND MAINTENANCE OF SAID OFF~STREET PARKING
LOT SHALL REMpiN THE RESPONSIBILITY OF THE OFF~STREET PARKING LOT OPERATOR IN.ACCORUANCE WITH
ORDINANCE ND. 2.09
ADOPTED BY THE CITY COUNCIL OF THE CITY OF RICHFIELO~ MINNESOTAs THIS 25TH DAY OF OCTOBER.
195.
MAYOR
ATTESTt
~~~,~.~
CITY CLERK