1972-4820rRESOLUTION N0. 4820
RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING
Mr, Erik Bentzen
7720 Wentworth Avenue South
Use: Material Services, Inc.
WHEREAS, Mr. Erik Bentzen, Material Services, Inc., 7720 Wentworth Avenue South,
Richfield, Minnesota, had an off-street parking agreement with the City of Richfield
relating to 7720 Wentworth Avenue South, which contract bears the designation of
Contract No. 2081 and which contract was guaranteed by a bond of the Fidelity and
Deposit Company of Maryland, Baltimore, Maryland, in the amount of $3,200.00, and
WHEREAS Mr. Erik Bentzen 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 Mr. Erik Bentzen
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,
Minnesota, as follows:
That the City Manager is hereby authorized and directed to release the Fidelity
and Deposit Company of Maryland, Baltimore, Maryland, for any and all ants of Mr.
Erik Bentzen, committed or incurred in violation of Contract No. 2081, on and after
the 28th day of August, 1972.
Adopted by the City Council of the City of Richfield this 28th day of August,
1972. ~
r .,
'J ~ .~ ~
_~ C,_ ~ ~~
ATTEST: ~%~ 'oren L. Law ='``lMayor
Thomas J. Moran City Clerk