82-15
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
RESOLUTION
DATE:
April 19, 1982
82-15
RESOLUTION NO:
MOTION BY COUNCILMAN: Neveaux
SECONDED BY COUNCILMAN: Swenson
A RESOLUTION SPECIFYING BOND REQUIREMENTS FOR LIQUOR LICENSING
WHEREAS, Section 9.02 of Liquor Ordinance 2H allows the City
to accept governmental securities, cash, irrevocable letters of
credit, or corporate surety bonds as acceptable forms of bonds to
insure compliance with said intoxicating liquor ordinance; and
WHEREAS, the City Attorneyls office has informed the City
Council that corporate surety bonds are very difficult to collect
upon; and
NOW, THEREFORE, BE IT HEREBY RESOLVED BY The City Council of
the City of Chanhassen that the city shall hereby only accept
government securities, cash, or irrevocable letters of credit as
a satisfactory form of bond as required in Section 9.02 of Liquor
Ordinance 2H.
Passed and adopted by the City Council of the City of
Chanhassen this 19th day of April, 1982.
ATTEST:
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J~~ ~t t----
Thomas L. Hamilton, Mayor
Ll OL.5YJ
Don Ashworth, City Clerk/Manager
YES
NO
ABSENT
Hamilton
Horn
Swenson
Neveaux
Geving