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1976-5618r64 RESOLUTION N0.5618 RESOLUTION RELATING TO RELEASE OF BOND ON OFF-STREET PARKING Robert F. Adelmann 805 West 772 Street Location: 721 West 772 Street Use: Paint Store WHEREAS, Robert F. Adelmann, 805 West 772 Street, Richfield, Minnesota, had an off-street parking agreement with the City of Richfield, relating to 721 West 772 Street, which contract bears the designation of Contract No. 2209 and which contract was guaranteed by a bond of the Fidelity and Deposit Company of Maryland, Baltimore, Maryland, in the amount of $3,250.00, and WHEREAS, Robert F. Adelmann has complied with the provisions of said agree- -, ~~ ment and the Fidelity and Deposit Company of Maryland now seeks to be rel.i.eved of any further obligation under said bond, and WHEREAS, there appears to be no justification for requiring Robert F. Adelmann 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 n Fidelity and Deposit Company of Maryland, Baltimore, Maryland, for any and all acts or Robert F. Adelmann, committed or incurred in violation of Contract No. 2209 on and after the 12th day of October, 1976. Adopted by the City Council of the City of Richfield this 12th day of October, 1976. ~.~~`: , ATTEST: oren L. Law V `~ Mayor Thomas J. Mora City Clerk