HomeMy Public PortalAbout1992_11_10_R220The Town of
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I:~SOLUTION NO. 9 2- 2 2 0
A RESOLUTION:
PRESENTED November 10, 1992
ADOPTED November 10, 1992
ACCEPTING PUBLIC IMPROVEMENTS, I~.~T,~ASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR
PUBLIC IMPROVEMENTS AT THE MOBIL OIL SERVICE STATION AT 615
EAST MARKET STREET
WttE~, Mobil Oil Corporation, the developer of the Mobil Oil Service Station at 615 East
Market Street 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 corporate surety bond from Federal Insurance Company in the amount of
$34,658.00 is released, and a new security in a form approved by the town attorney for a maintenance
guarantee in the amount of $1,733.00 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 10th day of November , 1992.
ATTEST:
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~ames E. Clem, Mayor
Town of Leesburg