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1965-3537r~~~ LiESOLUTI©N NAo 3537 RESOLtiTt©N RELATINQ T© RELEASE OF B®ND 01~ J0E iAAURER•S 1ST ADDtTION VILLAGE PLAT NOo 158 QONTRACT NOo 5©2s JOSEPH Jo IIAURERp DEVELOPER. WFIEREASs Jo 1~PH J. IIAV` RER HAD A DEVELOPER ~ S AGREEMENT ail TH TIiE: V flLLAGE OF R D ftHF D EL®p NOiP TWE CITvy RELATING TO JOE AIIAIAlER~B 1ST ADDIT10Np 6flH10H 06NTRACT BEARS THE DESDGNATION OF CONTRACT NOo 502 AND WHFCt~ EON TRACT WA6 BUARANTEE&3 IiY A BON18 6F THE WESTERN SURETY j COIfPANYy SIOUX FALLSy SOUTH DAKOTAS tN THE AMOUNT OF ~5pD00o0Dp ANb WklER~l~~o SAi@ J®SEPif Jo INAt~ER ~lAS 8FJ88TANTDALLY_~Ot~IED ~iTfli Ttf~ PROVO~DONB OF SAID AeREEMENT ANB THE WESTERN SURETY COMPANYp SIOUX FALLep SOUTH DAS4OTAp NOt1T SEEKS TO BE RELIEVED OF ANY FURTHER OBLIGATION UNDER RAID BONDg ANB WIIEREASp THERE APPEARS TO BE NO JSDSTIFICATION FOR REQUORDNB SAllf JOSE PHI Jo IIAURER T18 OONTINUE TO PROVIDE A BONG FOR SECURITY ON THE PLRFORIUI~NCE OF SAflO AGREEMENT® NOW THEREFORE, BE IT REStaLVED 8v ~'iiE CITY G®UNCIL OF THE CITY ~ ~o~1~FflEC,Ia~ IiDNNES®T~9 AS FOLL01~8f TI'IAT THE CITY IISt1A8ER F8 HEREBY AUTHORIXEO AND DIRECTED TO RELEA~ TB~~ ~lESTC~RSI S89RETY COMPANY FOR ANY ANfi ALL ACTS OF JO~PH Jo IIAURER COI~MDTTEI~ OR INCURRED DN VDODoATDON OF SAID CONTRACT NO, 5A2' ON AND AFTER THE 22ND DAY OF NOVEMBERD 19Ea5® ADOPTED BY TFIE C{TY P,OUNCIL OF THE CITY OF LICHFIELD THIS 22ND DAY OF' NDVENBERp 19fi5o :~ ~ c~~._a~, ATTESTz - I~YDR C 1 T'~ LERK NORTifERLY BOUNDARYS WEST 70~ STREET SOUTHERLY BOUNDARYS ~ BLOCK SOUTH OF Wo 71ST STREET WESTERLY BOUNDARYS XERXEB AVEN~ EASTERLY B©UNDARY~ VDNCENT AVtfl~191E