HomeMy Public PortalAbout1997_05_13_R107 The Town of
Leesburg,
Virginia
PRESENTED Hay 13: 1997
RESOLUTION NO. 97-107 ADOPTED Hay 13, 1997
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE EVANS RIDGE
DEVELOPMENT
WHEREAS, The Donohoe Companies, Inc., the developer of the Evans Ridge Development has
completed the public improvement 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 Seaboard Surety Company in the amount of
$730,000.00 is released, a new security in a form approved by the town attorney for a maintenance
guarantee in the amount of $36,500.00 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.
PASSEDthis 13th day of l~Ia¥ ,1997.
Clerk of Council
J e~s E~.'Clem, Mayor
Town of Leesburg
R:Evnsridg