HomeMy Public PortalAbout1996_03_12_R051The Town of
Leesburg,
.rg ma
PRESENTED March 12, 1996
RESOLUTION NO. 96-51 ADOPTED March 12, 1996
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT GREENWAY FARM
SECTION 2
WHEREAS, Trafalgar House, the developer of Greenway Farm Section 2 has completed the
public improvements in accordance with approved plans and town standards, and these have been
inspected and approved; and
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The corporate surety bond from the American Home Assurance Company in the
amount of $84,120.00 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $21,030.00 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.
PASSED this 12th day of Mar ch , 1996
A~TEST:
Clerk of Council
Clem, Mayor
eesburg
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