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1974-5281r295 RESOLU'?'ION N0. 5281 RESOLUTION R.EL-A'~ING 'I0 . CANCEI.~L,A`~ION OP . COl~-`FRAC~' AND RELRAS~ OF BOND ON 0~'F=.S~'REET PARKING Restaurants Do Limit, Inca 1700.West 7.8th Street Location: 1+00 West 77th Street Use:. .Restaurant with_an-sa?~e liquor WHEREAS, .Restaurant,s No Limit, Inc, , 1.700 West 78th Stree+, Rich~eled, Minnesota, had a-n of`f-street parking ag~°eement with the City of R~,chfield, .Min~?e~ota, relating to 140 West. 77th Street, which contract bears the designation of Contract No 21,~~ and which-contract was .guaranteed by a-bond of .the Great Ame?^ican_Insurance Company, Minneapol..is, Minnesota in the amount of $6,000.00, and W.I3El?EA.S, the Special Use Permit for .the construction of this x°estaurant. has expired a_nd.it_is necessary fleet Restaurants No Limit, Inee reapp]~y ~'or a Special, Use Permit, which i~ is anticipated will. be some t~..me in 1,975, and WHEREAS, there appears..to be no justification fo.r rec~uiri.ng_:Restaurants No Limit, lnc> t.o continue to pro~ride a contract and bond until anew Spe_r°ial, Use Permit is granteda NOW `P,H.EREFORE, BE IT RESOLVED .Tay. the City Council of the -City of, Rcihfield, Minn- esota, as fol.l,ows: 'T'hat-the City Manager is hereby authorized and directed to. cancel Contract Nom 21?2 s.nd release .the .Great American Insurante Company, Minneapolis.-, Minnesota for any and a:ll acts of Restaurants No Limit, Inc. committed or incurred in ~riolat.ion of Contract Noa 21~~ on and a,~`ter the 9th day of December, 1-97~o A~;opted by the City Council of the City of Richfield this-9th day of December, 197+ ATTEST: l ~~ ~_ t_._-_ t ____ 1 /.. L ~' ~ Soren L , Law ayor Th.om~ s .T a Mor~~~. C ty- Clerk.