HomeMy Public PortalAbout1997_01_28_R022 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED January 28, 1997
97-22 ADOPTED January 28, 1997
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR
PUBLIC IMPROVEMENTS AT WOODLEA MANOR PHASE I
WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase I 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 the Safeco Insurance Company in the amount of
$774,000.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee
in the amount of $161,050.00 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 28th day of
January , 1997.
J~es E. Clem, Mayor
~ Town of Leesburg
ATTEST:
Clerk of Council
R: woodlea, res