HomeMy Public PortalAbout1984_07_25_R131TheTown~Leesbu~in Vi~inia PRESENTED July 25, 1984
RESOLUTION NO. 84-131 ADOPTED July 25, 1984
A RESOLUTION: RELEASING A PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE BOND
FOR CEDAR WALK SUBDIVISION
WHEREAS~the developer of Cedar Walk Subdivision has completed public improve-
ments in accordance with town standards and these have been inspected and
approved by the town and the as built drawings have been submitted and approved;
and
WHEREAS, certain landscaping, valued at approximately $250~ at the entrance of
Cedar Walk Subdivision was to be installed by the developer but this work has
not yet been completed:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I. The Fidelity and Deposit Company of Maryland surety bond in the
amount of $99,354 is released and Fidelity and Deposit Company of Maryland main-
tenance bond #9778049 in the amount of $25,580 is approved.
SECTION II. The public improvements for Cedar Walk Subdivision are accepted
for public use by the town.
SECTION III. An escrow account in the amount of $2500 to be deposited by
Cedar Walk, Inc. is approved to guarantee installation of landscaping, such funds
to be released upon inspection of the landscaping by the Director of
Engineering.
PASSED this 25th
ATTEST:
Clerk of Codicil
CEWAPERF
day of July , 1984.
Charles J. Williams, Mayor Pro-Tem
Town of Leesburg