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1970-4434r RESOLUTION N0. 4+34 RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING - Mr. Joseph P. Nolan 3516 Arbor Lane, Hopkins Location: 920 West 78th Street Use: Sales and Service of Imported Automobiles and Honda Motor Bikes WHEREAS, Mr. Joseph P. Nolan, 3516 Arbor Lane, Hopkins, had anoff-street parking agreement with the City of Richfield relating to 320 West 78th-Street, which contract bears the designation of Contract No.-991 and which contract was guaranteed by a bond of the Western Surety Company, Sioux Fa11s, South Dakota, in the sum of Three Thousand Five Hundred Ninety Five ($3,595.00} Dollars, and WHEREAS, said business is now owned and operated by Win Stephens Classic Cars, 2230 South Highway ~~100, and WHEREAS, said Win Stephens Classic Cars has entered into an agreement with the city to cover the completion of the off-street parking requirements at 920 West 78th Street, and WHEREAS, there appears to be no justification for requiring Mr. Joseph P. Nolan to continue to provide a bond for security on the performance of~said agreement. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minn- esota, as follows: That the City Manager is hereby authorized and directed to release the Western Surety Company for-any and all acts of Joseph P. Nolan,°committed or incurred-in violation of said Contract No. 991~on-and after the'24th day of~Angust, 1970. Adopted py the City Council this 24th day of August, 1970. w - ~-s'l MAYOR ATTEST: c~c~,. LE z _` ~'