HomeMy Public PortalAbout1998_09_08_R194The Town of
Leesburg,
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RESOLUTION NO.
A RESOLUTION:
98-194
ACCEPTING PUBLIC IMPROVEMENTS,
PERFORMANCE GUARANTEE AND
PRESENTED September 8, 1998
ADOPTED September 8, 1998
RELEASING THE
APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
OLD WATERFORD KNOLL SECTION 2B
WHEREAS, Richmond American Homes, the developer of Old Waterford Knoll Section
2B 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 United States Fidelity & Guaranty
Company in the amount of $40,263.13 is released, a new security in a form approved by the town
attorney for a maintenance guarantee in the amount of $12,611.71 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 8th day of September, 1998.
ATTEST:
Clerk of Council
J3qgnes E. Clem, Mayor
Town of Leesburg
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