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HomeMy Public PortalAbout1997_08_12_R202 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED August 12, 1997 97-202 ADOPTED August 12, 1997 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT WOODLEA MANOR SECTION 3 WHEREAS, Winchester Homes, the developer of Woodlea Manor Section 3 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 Safeco Insurance Company in the amount of $827,121.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $41,356.05 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 i2th day of August ., 1997. Clem, Mayor eesburg ATTEST: Clerk of Council R:wood3rel