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HomeMy Public PortalAbout1998_07_28_R172The Town of Leesburg, rgm a RESOLUTION NO. A RESOLUTION: PRESENTED July 28, 1998 98-172 ADOPTED July 28, 1998 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT LEELAND HEIGHTS LOTS 1,2, & 3 WHEREAS, H. Powers Thomas, the owner of Leeland Heights Lots 1, 2, & 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 letter of credit from The Middleburg Bank in the amount of $14,000.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $700.00 is approved, and shall be in effect for a period of one year form 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 July, 1998. ATTEST: Clerk of Council Jafi~es E. Clem, Mayor Town of Leesburg R:lelnd123