HomeMy Public PortalAbout1998_01_27_R022The Town of
Leesburg,
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RESOLUTION NO.
PRESENTED January 27, 1998
ADOPTED January 27, 1998
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
GUARANTEE FOR PUBLIC IMPROVEMENTS AT
PARKWAY WATERLINE RELOCATION
98-22
MAINTENANCE
RIVER CREEK
WHEREAS, River Creek L.L.C., the developer of River Creek Parkway Waterline Relocation 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 Virgima as follows:
SECTION I. The corporate surety bond from Fidelity & Deposit Company of Maryland in the
amount of $21,887.30 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $10,943.65 is approved, and shall be in effect for a period of one
year from this date.
SECTION II. This release if 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 27~ day of January, 1998.
J~es E. Clem, Mayor
Town of Leesburg
ATTEST:
Clerk of Council
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