HomeMy Public PortalAbout1995_09_12_R179 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED September 12, 1995
95-179 ADOPTED September 12~ 1995
ACCEPTING THE PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE WASHINGTON
FEDERAL SAVINGS BANK
WHEREAS, the Washington Federal Savings Bank 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 $36,468.00 is released and a new
security in a form approved by the town attorney for a maintenance guarantee in the amount of $1,823.40
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 12th day of September
Clerk of Council
, 1995.
1 Mayor
Town of Leesburg
R:washfed.res