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HomeMy Public PortalAbout1983_02_23_R032The Town of Leesburg in Virginia PRESENTED February 23~ 1983 RESOLUTION NO. 83-32 ADOPTED February 23~ 1983 A RESOLUTION: RELEASING THE PERFORMANCE BOND AND APPROVING A MAINTENANCE BOND FOR LOT 8, LOWE'S OF LEESBURG IN CARDINAL INDUSTRIAL PARK WHEREAS, the developer of Lot 8 in Cardinal Industrial Park, Lowe's Companies, Inc. has completed public improvements in accordance with town and highway depart- ment standards and specifications and these have been inspected and approved by the highway department and the town; and WHEREAS, as-built drawings of the public improvements have not yet been received. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. Performance Bond No. 4144191 of SAFECO Insurance Company of America in the amount of $12,230 is released and Maintenance Bond No. 4690943 from SAFECO Insurance Company of America in the amount of $611.50 is approved. SECTION II. The waterworks extension within the town's easement on Lowe's Company, Inc. property which was constructed as part of the public improvements for this development is accepted into the town's system. SECTION III. A copy of this resolution is to be forwarded to the Loudoun County Board of Supervisors and the Virginia Department of Highways and Trans- portation with correspondence recommending that the roadway improvements for Lot 8, Cardinal Industrial Park be added to the secondary system of Loudoun County in accordance with Section 33.1-229 of the Code of Virginia of 1950 as amended. SECTION IV. This resolution is effective upon review and approval of as-built construction drawings for the public improvements by the Director of Engineering. PASSED this 23rd day of February ATTEST: ? Clerk ~Council , 1983. Robert ~. Se~ila, y Town of Leesburg