HomeMy Public PortalAbout1998_04_28_R110 The Town of
Leesburg,
Virginia
RESOLUTION NO. 98-110
A RESOLUTION:
PRESENTED April 28, 1998
ADOPTED April 28, 1998
ACCEPTING PUBLIC IMPROVEMENTS,
PERFORMANCE GUARANTEE AND
RELEASING THE
APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
EXETER HILLS SECTION 5A OFFSITE IMPROVEMENTS
WHEREAS, K. Hovnanian at Exeter Hills, Inc., the developer of Exeter Hills Section 5A
Offsite Improvements 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 The American Insurance Company in the
amount of $23,013.40 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $11,506.70 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 28th day of April, 1998.
ATTEST'
Clerk of Council
Jdmes E. Clem, Mayor
Town of Leesburg
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