HomeMy Public PortalAbout1997_06_24_R153 The Town of
Leesburg,
Virginia
PRESENTED Juno 2~-: 1997
RESOLUTION NO. 97-153 ADOPTED 3une 26, 3.997
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE
GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC
IMPROVEMENTS AT TAVISTOCK FARMS SECTION 4
WHEREAS, Arcadia Building Company, the developer of Tavistock Farms Section 4, 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 issued by The American Insurance Company in the amount of
$122,400.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in
the amount of $30,600.00 is approved, and shall be in effect for a period of one year from the date of this
resolution.
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 2b~t:h day of June , 1997.
~/,~anes E,. Clem, Mayor Town of Leesburg
Clerk of Council
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