1966-3626r~~
RESOLUTION N0. 3626
RESOLUTION R~LATENG TO RELEASE OF BOND ON OFF~»STREET PARKING
MARK ~+ JONES,
5506 LAKEVIEW DRIVE
LOCATIONS 222~F-2228 EA BT 66TH STREET
USEi TWO FOUR~PLEXES ~ ALL 2 B.R.
VYHEREASp MARK Z. JONES' 5506 LAKEVIEW DRIVES MINNEAPOLIB~ MINNESOTA HAD AN CFF~TREET
PARKING AQREEMEN7 WITH THE CITY OF RICHFIELD RELATING TO 2224.2228 EAST 66TH BTREETj WHICH
CONTRACT BEARB THE DEBIGNATION OF CONTRACT N0. 929, AND WHICH CONTRACT WAS GUARANTEED BY A
BOND OF THE TRINITY UNIVERBAL INBURANCE COMPANY DALLAB~ TEXAS IN THE SUM OF ~B~QOO~DO~ AND
WHQ2EASy BALD MARK Z. JONEB HAS 8UB8TANTIALLY COMPLIED WITH THE PROVISIONS OF SAID
AGREEMENT AND THE TRONITY UNIVER SAL INBURANCE OOMPANY NOW 8EEK8 TO BE RELIEVED OF ANY FURTHER
OBLIGATION UNDER BAID BONDy AND
WHEREASs THERE AP1~ ARS TO BE NO JUSTIFICATION FOR REQUIRING BAID MARK Z. JONES TO CONTINUE
TO PROVIDE A BOND FOR SECURITY ON THE PERFORMANCE OF SAID AGREEMEN7~
NOW THEREFOREa BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHFIELG~ MINNE30TAa
A6 FOLLOWS8
THAT THE CITY MANAGER 18 HEREBY AUTHORIYED AND DIRECTED TO RELEA8E THE TRINITY UNIVERBAL
PNBURANOE COMPANY FOR ANY ANb ALL ACTS OF MARK Z• JONEB~ COMMITTED OR INCURRED IN VIOLATION
OF BA1D CONTRACT N0, 929 ON AND AFTER THE 13TH DAY OF JUNES 1966.
ADOPTED BY THE CITY COUNCIL TH18 13TH DAY OF JUNES 1966
' ~~_
MAYOR
ATTE5T8
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' OITY Ot '