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1434 <br /> 7.REBEAthe eadd George McKenzie has requested ne <br /> the salbCity to release the sureties on ear3 bonus and <br /> accept in lieu thereof a cash _east dna <br /> c WREf.EAS,it appears that said'pone would expire the <br /> one on Oct.14,1917 aha the other on Oct.31st 1917 <br /> and that a aeposl0 of five hundred(6500.00)sellers <br /> rTt <br /> will be sufficient to secure the Said City for the faith- <br /> fu1 performance of sato maintenance contracts,now there- <br /> fore, <br /> here_fore BE 1T RESOLVED,that the auretlea on the'bonds of said <br /> George 0cKenzi0 for the maintenance of Y e_ ementa <br /> for the two Improvements hereby aepositea oe and they <br /> are hereby relesaed from any liability hereafter arising <br /> on ala bonds. That the City Clerk aoce t a certified <br /> check for the eu0 of five hundred(4500.00)dollars in <br /> lieu of she aecurary on Said bonaa and that the sada <br /> five hundred(4000.00>ao1lara be held by the City Clark <br /> until expiration of sada.ontraota and in the event of <br /> failure of said George McKenzie to faithfully perform <br /> Said Contracts that the 8311 five hunored(0500.30) <br /> dollars or as mush thereof as may be necessary may be <br /> used for the purpose of Completing the Pdrformance of <br /> en <br /> said maintenance contrac na that whtheaame said con- <br /> tracts are fully dna faithfully performed and the work ' <br /> thereto finally accepted the said five hundred(1500.00) <br /> Sonars or any part thereof which has not been applied <br /> as hereinbefore stated-b_restored to said George Mc- <br /> Kenzie. <br /> Carried. <br />