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1975-5303r321 RESOT~LJTION ?.d0 • 5303 RESOY.,J'I'T.ON REI1ATii~7Cs TO REZE.ASE OF BOidD OI? OF'F-STREET PARKING Mr. Robert F'• Adel.mann X05 West 7T-~ Stxeet 1a~or.atiorsa 7~aOl ~~ynclaie r,_~renue So. tTse~ Retail Commercial SaJ_es Acme Glass} WYiERE.AS, Mr. Robe:~°t F• Ad.F::lznannA X05 West 7'''~~ St~ree-~,, Richfield, Minnesota, had an off-street parking agx°eement with the City of R_ichfiel_d, r°elating to '601 Lyndate Avenue South, wYlich contract bears the designation of Contract No. 2113 and whl.ch contx°aet was guaranteed by a bond of the Fidelity and Deposit Company of Maryland, Baltimore, Maryland, in the amount of $2,900.00, a.nd WHEREAS, Mr. Robert Adelmann has complied with the prr~visions of said agreement and the Fidelity and Deposit Company of Maryland now seeks to be relieved of any further obligation under said bond, and WHEREAS, there appears to be no justification for requiring Mr., Robert Ad.elmann 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 Ric:hfi.el.d, Minnesota, 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 Mr. Robert .Adelmann committed or incurred in violation of Contract No• 2113 on and after the 27th day of Ja,nuar~r, 1975• Adopted by the City Council of the City of Richfield. this 27th day of" January, 1975• ATTESTo l ,. Thomas J. Mo. City Clerk