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HomeMy Public PortalAbout1995_10_24_R206The Town of Leesburg, rg nm RESOLUTION NO. A RESOLUTION: PRESENTED October 24, 1995 95-206 ADOPTED October 24, '~995 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT TAVISTOCK FARMS OFFSITE SANITARY SEWER WHEREAS, Arcadia Building Company, the developer of Tavistock Farms Offsite Sanitary Sewer, 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 issued by the American Insurance Company in the amount of $31,281.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $7,820.25 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 24th day of A'TEST: Clerk of Council October ., 1995 · Clem, Mayor Leesburg R:tavoffss.res