HomeMy Public PortalAbout1998_11_24_R270The Town of
Leesburg,
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RESOLUTION NO.
A RESOLUTION:
98-270
ACCEPTING PUBLIC
PRESENTED
ADOPTED
IMPROVEMENTS,
November 24, 1998
November 24, 1998
RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT GREENWAY FARM
SECTION 4B
WHEREAS, Trafalgar House, the developer of Greenway Farm Section 4B 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 American Home Assurance Company in the
amount of $131,000.00 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $32,700.00 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 24th day of November, 1998.
ATTEST:
Clerk of Council
J~es E. Clem, Mayor
Town of Leesburg
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