HomeMy Public PortalAbout1988_03_23_R059eesl~urg ~n ~V~irginia
PRESENTED March 23, 1988
RESOLUTION NO. 88-59 ADOPTED March 23, 1988
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE BOND
~2~D APPROVING A MAINTENANCE BOND FOR LOUDOUN COUNTY
SANITATION AUTHORITY
WHEREAS, The Loudoun County Sanitation Authority has completed their
new office building on Harrison Street at Rockbridge Drive and the
associated public improvements in accordance with approved plans and town
standards, and these have been inspected and approved.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia
as follows:
SECTION I. The irrevocable bank letter of credit from Sovran Bank of
Virginia in the amount of $25,684.00 is released, and a new guarantee in a
form approved by the Town Attorney for maintenance purposes in the amount
of $1,284.00 is approved, and shall be in effect for a period of one year.
SECTION II. This release is contingent upon delivery of a properly
executed instrument conveying unto the town all such improvements and
easements free of any liens or charges and acceptable As-built drawings.
PASSED this 23rd day of
ATTEST:
March , 1988.
Robert E. Sevila, M~yor
Town of Leesburg
Clerk of ~uncil