HomeMy Public PortalAbout1991_09_24_R213The Town of
Leesburg,
.rg ma
PRESENTED Sept. 24, 1991
RESOLUTION NO. 91-213 ADOPTED Sept. 24, 1991
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR
PUBLIC IMPROVEMENTS AT LEESBURG AIRPARK BUILDING B
WHEREAS, the Ward Corporation, the developer of Leesburg Airpark Building B 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 cash performance guarantee in the amount of $14,625.00 is released, and a
new security in a form approved by the town attorney for a maintenance guarantee in the amount
of $2,925.00 is approved, and shall be in effect for a period of one year from this date.
SECTION II. The Town Manager shall hold $2,925.00 of the cash performance guarantee as
a maintenance guarantee until the new security is received from the developer and approved by the
Town Attorney.
SECTION III. This release is contingent upon delivelT of a properly executed instrument
conveying unto the town all such improvements and easements free of any liens or charges.
PASSED this 24th day of September , 1991.
ATTEST:
C er of Counci
airpark.b
Robex~ E. Sevila, Mayor
Town of Leesburg