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RES 1959-003 - 00012931971 IU RESOLUTION NO. 3 - 1959 RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR AND CITY MANAGER TO SIGN AGREEMENT WITH RICE CREEK DEVELOPERS IN BEHALF OF THE CITY OF FRIDLEY. BE IT RESOLVED, by the Council of the City of Fridley, as follows: Section 1. That the City does on its part hereby approve that certain street construction agreed to be made and handled by the Rice Creek Developers, Inc., in accordance and with agree - ment attached hereto and does hereby authorize and directthe Mayor and the City Manager to sign the same on behalf of the City. Section 2. That the bond furnished to the City in accordance with said agreement shall be de- posited with the City Treasurer and held by the City Treasurer in safe keeping until otherwise directed by the City Council. PASSED AND ADOPTED THIS 12th DAY OF JANUARY,1959 BY THE CITY COUNCIL. / 1 qru-, . r. SA&, -- Dae CITY CLERK - Marvin Brunsell