Loading...
HomeMy Public PortalAbout1995_11_28_R235The Town of Leesburg, trg nta RESOLUTION NO. A RESOLUTION: PRESENTED November 28~ 1995 95-235 ADOPTED November 28, 1995 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT LEESBURG GATEWAY LOT 1 WHEREAS, The Double T Corporation, the developer of Leesburg Gateway Lot 1, 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 $22,317.00 cash performance bond is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $5,090.05 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 28th day of November , 1995. J~mes E. Clem, Mayor ,Town of Leesburg A~F)TEST: Clerk of Council R:gatelotl.res