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HomeMy Public PortalAbout1997_06_10_R136 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED June 10~ 1997 97-136 ADOPTED June 10~ 1997 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT MANORS OF LEESBURG CHURCH PROPERTY STORM DRAINAGE OUTFALL "Cl~rlTc o~ Council em, Mayor Leesburg R:church WHEREAS, Rivermead Homes, Inc., the developer of the Manors of Leesburg Church Property Storm Drainage Outfall has completed all 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 Seaboard Surety Company in the amount of $30,000.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $1,500.00 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. PASSED this 10th day of June , 1997.