1966-3591r~~
RESOLUTION NOe 3591
RESOLUTION RELATINO;TO RELEASE OF BOND ON OFF-STREET PARKINQ
MR. RAY MILBAUER i
7737 HARRIET AVENUE SOUTH
LOCATIONS 416 2U WE ST 78TH STREET
USES CONVERT EXISTING TAVERN BUILDING
i N TO TWO UN f T MOTEL
YIHEREASs MR. RAY MILBAUER, 7737 HARRIET AVENUE 50UTHs HAD AN OFF-STREET PARKING AGREE®
1
MENT WITH'THE CITY OF RICHFIELD RELATIN4 TO 4t6~-420 WE ST 78~fH STREETa WHICH CONTRACT BEARS
THE DESIGNATION OF CONTRACT NOs 827 AND WHICH CONTRACT WAS GUARANTEED BY A BOND OF THE
HOME mWNERB INSURANCE COMPANY CHICAGOs (LLINOi8y IN THE SUM OF ONE THOUSAND THREE HUNDRED
SEVENTY ($1937000, DOLLAR SA AND
WHEREAS SAID MRo RAY MILBAUER WILL N07 CONVERT THE EXISTING TAVERN BUILDING iNTO A
TWO-UNIT MOTEL AS ORIGINALLY PLANNED' AND
WHEREAS9 THERE APPEARS TO BE NO JUSTIFICATION FOR REQUIRING MR. RAY MILBAUER TO CONTINUE
TO PROVIDE A CONTRACT AND BOND FOR SECURITY ON THE PERFORMANCE OF SAIb AGREEMENT.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHFIELD9 MINNESGTA9
AS FOLLOW SS
THAT THE CITY MANAGER IS HEREBY AUTHORIZED AND DIRECTED TO CANCEL CONTRACT N0. 827 AND
TO RELEASE THE HOME OWNERS INSURANCE COMPANY9 CHICAGOs ILLINOIS FROM LIABILITY FOR ANY AND
ALL ACTB OF RAY MILBAUER COMMBTTEO OR INCURRED IN VIOLATION OF 6AID CONTRACT N0. 8279 ON AND
AFTER THE 28TH DAY OF MARCHg 1966.
ADOPTED BV THE CITY COUNCIL THIS 28TH DAV OF MARCH' 1966•
ATTESTS
MAYOR
G i TY LERK