1967-3890r1 ~~
RESOLUTION NO® 389p
RESOLUTION RFlLATING TO ftELF1ASFr OF BOND ON OFF-.`~iTN~ PARKING
Kenneth Appelbaum and Jam®s K. Knoble
611 West 5ltth Street
Locatigna 71t2O Cedar Avenue South
Uses One 10 Unit Apartment Building
WHE~RFIAS, Kenneth Appelbaum and James K. Rnobl®, 61l~ West sloth Street, ~linneapolis~
~.nnesct~., had an off-street parking agx~ement .th the City of Richfield relating to
7l~20 Cedar Avenue South, which contract bears the d®signation of Contract Noe 1018,
and which contract was guarant®ed by a bond of the Great Central Insurance Company
P. 0. Box 807' Peoria, Illinois, 3.n the sum of $3,000.00, and
WHF~RFIAS, said Kenneth App®lbaum and James R. Knoble have complied with the pro-
visions of said agreement and tl~ Great Central Insurance Company now seeks to be
relieved of any further obligati®n under said bond, and
WH&~AS, theme appeaxs to be no justification for requiring said Great Central
Insurance Company to continue ~ pg°ovide a bond for secur~.ty on th® perfoanc® of
said ags~ement.
NOW TI~~E~RE°, fl~1 IT RE~OL~ by the City Council of the City of I~.chfield' Mirin~•
esota, as follows
That the City Manager is hereby authorized and directed to release the Great
Central Insurance Company for a~ay and all acts of K®nneth Appelbaumn and James K. Knoble
committed or incurred in violation of said Contract Nom 1018, on and after the 23rd day
of ®ctob®r, 197®
Adopted by the City C®~.~cil this 23rd day of ®ct®ber, 1967
ATTESTs
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