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HomeMy Public PortalAbout1996_11_12_R239 The Town of Leesburg, Virginia RESOLUTION NO. 96- 239 A RESOLUTION: PRESENTED November 12, 1996 ADOPTED Novenber 12, 1996 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE Q-STOP 101 CONVENIENCE STORE REMODELING lem, Mayor Leesburg R: Qstop. res A/~)TEST: ' ~l~rk of CounCil - PASSED this 12th day of November , 1996. WHEREAS, Quarles Petroleum, Inc., the developer of the Q-Stop 101 Convenience Store Remodeling 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 letter of credit from Crestar Bank in the amount of $15,781.98 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $789.10 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.