HomeMy Public PortalAbout1992_10_13_R187The Town of
L.eesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED October 13, 1992
92-187 ADOPTED October 13, 1992
ACCEPTING PUBLIC IMPROVEMENTS, REI.~ASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC
IMPROVEMENTS AT THE CATTAIL BRANCH STORMWATER MANAGEMENT
POND
WHEREAS, Pulte Home Corporation, the developer of the Cattail Branch Stormwater Management
Pond, 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 letter of credit from Nations Bank of Georgia in the amount of $234,695.00 is
released, and a new security in a form approved by the town attorney for a maintenance guarantee in the
amount of $56,303.25 is approved, and shall be in effect for a period of one year from this date.
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.
PASSED this 13th day of October , 1992.
~ames E. Clem, Mayor
Town of Leesburg
ATTEST:
r-Clerk of Cou-n~i][
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