1967-3832r`~1
RESOLUTION NOe 3832
RESOLUTION RELATING TO RE~LFJAS~ OF BOND ON OFF~STRR~ PARKING
Canteen Company of Minnesota, Inco
6310 Penn Avenue South,
Locations 6310 Penn Avsnu® South
Uses Addition to Building Storage, Maohin®
Repair and Office
WI3A.SA the Canteen Company of Minnesota, Inco9 6310 Penn Avenue South, Rich-
fields Minnesotag had an Off®Street Parking Agx°eement w3.th the City of R3.ohfie~.d
relating to 6310 Penn Avenue South, which contract bears the designation of Contract
Noo 993, and which contract was guaranteed by a bond of Globs Indemnity Company,
New York9 New York9 in th® sum of $S,000oO09 an,d
TnTFIF~RF'AS9 said Canteen Company of Minnesota, Inco has complied with the provisions
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~_ J
of said agreement and the Globs Indemnity Company now seeks to be relieved of any
further obligation under said bond, and
WHF~~,S9 there appears to be no 3ustification for requiring said Canteen Company
of Minnesota, Inco to cont3.nue to prov3.de a bond for sscuarity on the performance of
sa~.d agresmento
NOW THF~R~Ir'OR~",g B~ IT RE50LVF~ by the City Council of .the City of Richfis]d. , M3.nn®
esota9 as follows
That the City Manager is hereby authorized and directed to tale ase the Globe
Ind®mnity Coan~pa~ny for any and all acts of the Canteen Company of Minnesota, Inco,
committed or incurred in violation of said Contract Noo 993, on and after the ll~th
day of Augazst9 19670
Adopted by the City Council this lath day of August, 19670
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ATTESTS
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MAYO
CITY C