1967-3834r`~3
~I~
R~OLUTION NOo 383.
R~OLUTION SATING TO RE'LFdASF,~ OF BOND ON OFFmSTRF1~T PARKING
Carl To Holcombe
502~.Overlook Drive
Locationo 671il~. Cedar Avenue South
Usem One 11 Unit Apartment Building
WHg'RF~4S9 Mro Carl Ta Holcombe9 5021 Overlook Drive, Minneapolis, Minnesota, had an
OffmStreet Parking Agreeme~.t with the City of Richfield relating to 67141x. Cedar Avenge
South9 which contract bears the designation of Contract Noa 825, and which contract was
guaranteed by a bond of the Fireman~s Fund Insurance Company, San Francisco9 Cal.ifornia9
in the sum of $29150x009 and
~1HB~.4S9 said Mro Carl To Holcombe has complied with the px°ov~.sions of said agree®
went and the Fireman s Fund Insux°ance Gompany now seeks to be relieved of any further
®bligation and®r saa.d bond9 and
W~i~EAS9 there appears to be no justification for requiring said Carl To Holcombe
to continue to prov3.de a bond for security on the performance of said agreemento
NOW TF~RE"FOI~, BFd IT RESOLVED by the City Council of the City of R3chfield9 Minn®
esota9 as followso
That the City Manager is hereby authored acd directed to rele ase the Fireman,os
Fund Insurance Company for any end all sots of Mre Carl T, Holcombe9 committed or inm
curred in violation of said Contract Nao 8259 on and after the 114th day of August, 19670
Adopted by the City Council th3,s 114th day of Augusta 1967
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MAYO'
ATT~ T s
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CITY