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HomeMy Public PortalAbout1995_10_24_R207The Town o~ Leesburg, rgmm RESOLUTION NO. 95-207 A RESOLUTION: PRESENTED October 24, 1995 ADOPTED October 24, 1995 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT EXXON SERVICE STATION #2-5854 (SHENANDOAH SQUARE SHOPPING CENTER) WHEREAS, the Exxon Corporation, the developer of the Exxon Service Station #2-5854 at the Shenandoah Square Shopping Center, 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 Federal Insurance Company in the amount of $25,425.40 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $1,217.27 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 October Clerk' of Council ., 1995 Ja;~es E. Clem, Mayor T6wn of Leesburg R:exxon.res