HomeMy Public PortalAbout1998_10_13_R229The Town of
Leesburg,
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PRESENTED October 13, 1998
RESOLUTION NO. 98- 229
ADOPTED October 13, 1998
A RESOLUTION:
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
WOODLEA MANOR PHASE 2A
WHEREAS, Pulte Home Corporation, the developer of Woodlea Manor Phase 2A 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 NationsBank in the amount of $345,716.00 is
released, a new security in a form approved by the town attorney for a maintenance guarantee in
the amount of $56,582.90 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 13th day of October, 1998.
ATTEST:
Clerk of Council
Ja~s E. Clem, Mayor
Town of Leesburg
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