HomeMy Public PortalAbout1989_07_25_R147Lees~urg in ~rirginia
RESOLUTION NO. 89-147
PRESENTED July 25, 1989
ADOPTED July 25, 1989
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, REI,EASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR
PUBLIC IMPROVEMENTS IN LEESBURG AIRPARK, ROUTE 643 FRONTAGE
IMPROVEMENTS
WHEREAS, Ward Corporation, the developer of Leesburg Airpark, Route 643 Frontage
Improvements has completed the 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 letter of credit from The Washington Bank in the amount of
$20,500.00 is released, and a new surety in a form approved by the town attorney for a maintenance
guarantee in the amount of $5,125.00 is approved, and shall be in effect for a period of one year from
this date.
SECTION H. 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 delivery of as-
built drawings.
PASSED the 25th day of July 1989.
ATTEST:
Clerk of Counf
Robert E. Sevlla, Mayor
Town of Leesburg