88-907 WHITE - CITV CLERK t
PINK ' - FINANCE � COLLQCll �y/y�'
,BI,UERy-MAVORTMENT GITY O SAINT PAUL File NO. v- r �D�
•
r in�cnce Ordinance N 0. 1���
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Presented By
Referred To Committee: Date
Out of Committee By Date
amount of the bond.
The bond shall also be conditioned upon the removal at
the expiration or termina ion of the franchise of the Com-
pany' s shelters and the r storation of the streets and
public places of the City to their former condition. The
bond shall contain an end rsement that no cancellation
shall be effective until inety (90) days after receipt
by the City Clerk of a wr tten notice of intent to cancel
or not to renew sent by c rtified mail , return receipt
requested. No cancellati n shall be effective if the
surety has received notic by the City of the Company' s
default. The bond may no be cancelled and shall remain
in effect in the period c mmencing at the expiration or
termination of the franch se and for 365 days thereafter.
ection 2.
This ordinance shall ta e effect and be in force thirty ( 30)
days from and after its pass ge , approval and publication.
2.
COUNCIL MEMBERS
Yeas Nays Requested by Department of:
Dimond
�� � In Favo �
Goswitz
Rettman �
Scheibe7 �— Against By
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�� 1 g �ggg Form Approve by City Atto y
Adopted by Council: Date
Certified sed by Council Secretary BY
sy � ..�.�,L,c_e`—r✓
Approved Mayor: te `1�� 2 � �$ Ap v Mayor for Su m' si cil
By �� �
p�gUSH�i J U L 3 01988.
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CITY OF SgINT PgUL �
. .��wii� � ' •
'�i� �i.i� OF�'ICE OF H�: CITY COIINCIL
' Ju e 27, 1988
F�inance l�ana eme�t, & Personnel Cammittee.
_ _ . _ .. _._ . ._-u--- _ _ . _ �_ .___.___._._.�.._
Est.
Prasent in�a
Time Ca��nc i 1 m�R�bcr/�taff
1. ApE�r•�val �f minutes f h 'th meetin� .
FINANCE & MANAGEMENT
: v
7:.� c.,., �Y'.�'��'� . �i��ti�"t��'�i`:' f'y327 �
�����,�;<;;��� ,o.�, ,'t`'��5�rtai� "�`�'�ry.�.:���"':`�.fi��"1`'ter� ,��
'F(`3fl1��'S� �('y1��� ��! fl� "�'�" ,��`�i'� '�RCr„'d(Y�
�in,� �Iw� �►��1h� of �t�r F�_rfi+�rm3r�ce `t�c��4*�:
�Refef`I'e�j rr•c�m Cn��ncil .���r�� . )
1:�.5 �. �J��� F��w�rs A�reEmrnt t��twc-r� thc City �,f �t, A roved
Paul ar��j �amsey C����r�ty rE�ar ir�g :_tatE �ar�d PP
Trar��fer•. (�:�ferr•e�j fr•��rtr ��n�fiCl� _�UfiE ?. )
81�-9��
1:44 4, tsta �l ist�mcnt af ma>:imum 1 im't and c�thrr Approved
Ci�fl�j1t14fi5 1"�_�r C3plt3� 1Ri��f'�� eR�rflt ���f1�j5.
tF;eferred fr�?rn �1��ur�cil _�une ". ) �
1=�� �. C!��it117U°�j �f•QSetlt3tli�il, �j15C 551�?�i ����i Approved 3S amended
f�C�R�R��fi�3tlOf� 9T l� _ '4 ';�}_i'J •
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C:IY HAI-I- SEVF.�YI'H F OR SAIN'r PAUL,MINNESO'I'A 55102
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°�►,�' . - . °"� °"�� t�iREEN �HEET No. 0 Q19 7f :�
Publ`ic Works - Traffic 5f 1 88
` • � w�ron(a+�i�rm � �'
Ja�mes W. �tahnke ` � 4 ������ 5�«.� �.
. �cr�No. — e�c�r ox�,,on — ��
Publ�.c_ Wor�s 292-6292 �` ��� —
�teduce the bus shelter franchise g�a�ted to Ad Shelters, Inc. ) � Per�ormance
Bond from $1t30, 000 to $50,�00. T be accamplished by an Ordinance Amenc7�►ent
t�:c�oo�.c�U«A.ma�+►� eES�wc�+a�rr:
� PI.ANfMNO OOMMI8610N . CML BERVICE COMM18810N �� .� f�Y d�/ ������ ANAL � � � PHONE NO.�- . . . . .
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RE�FIVfp
Mq Y z J 1988
�AYpR,s
..a►,.+o��nos��,�on.on,uwrr r�n+o.wn.�.w�,.w�re,+nmr�: _ :
Ad Shelters, Tnc. has asked for a reduction in the bus s��lter performanee
bond from $10Q,000 �o $50,004. - .
:
, , : �rli�l'1C� R�let'CN G@fifeC_
MAY 2 7'1986 �
��a.��e.�.�:�w.�,p...�.�:
- A reduction would decxease costs o Ad Sheiters, Inc.
�s lw�i�+.wr�:.�a rd.woo�: ., .
Public Works has determ�.ned that reduced Performance Bond of $SO,OOO is
still sufficiently adequate tQ pr tect �the City.
`,�t.�►n�p: . wws ,, _ .c�s . .
Do notha,ng None Added cost to Ad
. Shelters, Inc.
�sro�tr�rs:
A reductioM to $50,400 would �e c nsistent with tl�e present b�s shelter:
performance bond in l�inneapolis. � �
��s: : .