HomeMy Public PortalAbout1996_01_23_R016 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED January 23, 1996
96- 16 ADOPTED January 23 ~ 1996
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS GREENWAY FARM
ROUTE 15 ROAD IMPROVEMENTS
PASSED this 23rd day of January
ATTEST:
Clerk of Council
, 1996.
6ooweS E. Clem, Mayor
n of Leesburg
R:grnwayl5.res
WHEREAS, Trafalgar House Residential, the developer of Greenway Farm Route 15 Road
Improvements 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 American Home Assurance Company in the
amount of $42,700.00 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $10,675.00 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.