1966-3552r~~~
RESOLUTION N0,3552
RESOLUTION RELATfiVQ TO RELEASE OF .BOND ON OFF-STREET PARKING
Eo S• STILES & SON
7600 KNOX AVENUE SOUTH
LOCATION: 7608 KNOX AVENUE
USES PLUMBING SHOP
WHEREAS E• 5. STILES 8c SONS 7608 KNOX AVENUE ~UTH~ HAD AN OFF~STREET PARKING
AGREEMENT WITH THE CITY OF RICHFIELD RELATING TO 7608 KNOX AVENUE SOUTH WHICH CONTRACT
BEARS THE DESIGNATION OF CONTRACT N0. 762 AND WHICH CONTRACT WAS GUARANTEED BY A BOND
Of THE ST• PAUL FIRE 8o MARINE INSURANCE COMPANY ST, PAUI~ MINNE SOTA~ IN THE 6UM OF
$1,500.00, ANo
WHEREASs SAID E. S, STILES & SONS HAS SUBSTANTIALLY GOMPLIED WITH THE PROVISIONS OF
SAID AGREENENT AND THE ST• PAUL FIRE 8o MARINE INSURANCE COMPANY NOW SEEKS TO BE RELIEVED
OF ANY FURTHER OBLIGATIONS UNDER SAID BONDS AND
WHEREAS TF~RE APPEARS TO BE NO JUSTIFICATION FOR REQUIRiPlG SAID E• S, STILE8 do SON
TO CONTINUE TO PROVIDE A BOND FOR 6ECURITY ON THE PERFORMANCE OF SAID AGREEMENT.
NOW THEREFORE, BE iT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHE"IEID~ MINNESOTA
AS FOLLOW SS
THAT THE CITY MANAGER IS HEREBY AUTHORISED AND DIRECTED TO RELEASE THE ST, PAUL h`IRE
8o MARINE IN &URANCE COMPANY FOR ANY AND ALL ACTS OF E• S• STILES & SON COMMITTED OR
INCURRED IN VIOLATION OF SAID CONTRACT ND. 762 ON AND AFTER THE LOTH DAY OF JANUARYS 1966.
ADOPTED BY THE CITY COUNCIL THIS (0TH DAY OF .1ANUARY~ 1966.
ATTEST o ~ ~~~-~'l
MAYOR
~~ ~~~~
GtTY CLE~
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