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1967-3892r~~ RE60LUTTON NOo 3~g2 RE60LUTION RFtiATIl~TG TO RE'Lt+~AS;" OF BOND ON OFFmSTBE~ PARKING Mra Mark Zm Jones 3259 Flag Avenue North Loc® 30 through 90 Wo 78th Sta Uses Three 12 Un3.t and Four 11 Unit Apartment Buildings Whr~'_?BAS, Mre M?rk Za Jonese 3259 Flag Avenue North, P~Zinneapolis9 Minnesota, had a~? Off®Stx~eet Panting. Agreement witty the City of Ra.chfield relating to 30 through 90 West 78th Street, !iichfield, ~inn.e;ata., which contract bears the designation of Contract Noo 960, and which contract was guaranteed by a bond of the Fidelity and Deposit Company of Maryland, Baltimore, Maryland, in the sum of ~1~,000o00, and WHF'REAS, said A4ark Z Jones has complied with the provisions of said agreement and the Fidelity and Deposit Company of Maryland, Baltimore Maryland now seeks to be relieved of any further obligation under said bond, and WHEREAS, there appears to be no justification for requiring said Maxk Z. Jones to continue to provide a bond for security on the performance of said agreement_a NOTnT THERt;FORE`, BE' IT RE60LVED by the City Council of the City of Richfields Minnespta~ as follows That the City Manager is hereby authorized and directed to release the Fidelity and Deposit Company of Maryland for any and all acts of Dark Za Jones, committed or incurred in violation of said Contract Noe 960s on and after the 23rd day of October, 1967D Adopted by the amity Council this 23rd day of October, 19670 W•. 0 ATTESTo ,/lu~-9~ -lid-ate/ C CLE~