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1972-4789rRESOLUTION N0. 4789 RESOLUTION RELATING TO RELEASE OF BO1~D ON OFF-STREET PARKING Ackron Building and Supply Co. 6~a13 Portland Avenue So. Use: Office t~1?I'"sP;.EAS, Ackron Building and Sj~:~~ly Company, 6613 Portland Avenue South9 Richfield, Minnesota, had an off-street parking agreement with the City of Richfield relating to 6613 Portland Avenue South, which contract bears the designation of Contract No. 1072 and which contract was guaranteed by a bond of the United Pacific Insurance Company, Tacoma, Washington, in the amount of $1,000.00, and WHEREAS, Ackron Building and Supply Company has complied with the provisiions of said agreement and the United Pacific Insurance Company, Tacoma, Washington, now seeks to be relieved of any further obligation under said bond, and WHEREAS, there appears to be no justification for requiring the Ackron Building and Supply Company to continue to provide a bond far security on the performance of said agreement. NOW TFIEREFORE, BE IT RESOLVED by the city Council of the City of Lichfield, Minn® esota, as follows: That the City Manager is hereby authorized and directed to release the United Pacific Insurance Company, Tacoma, Washington, for any and all acts of the Ackron Building and Supply Company, committed or incurred in violation of said Contract No. 1072, _ t- on and after the 26th day of June, 1.972, Adopted by the City Council this 26th day of June, 1972. ATTEST: ~_ ; ,, c_% ~, 'LLB- ~ ~~ ~i ;. 1' Thomas J. MoranT~' City C h ~~~k ~` - -~ ,,' ~/ ~._ `N~ ~ yy ~~. (i! y ~ f , Loia~e~x L Lam-~ Mayor i~