HomeMy Public PortalAbout1999_01_26_r012The Town of
Leesburg,
, Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED January 26, 1999
99-12
ADOPTED January 26, 1999
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
GREENWAY FARM SECTION 6
WHEREAS, Trafalgar House Residential, the developer of Greenway Farm Section 6 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 Home Assurance Company
in the amount of $71,530.00 is released, a new security in a form approved by the town attorney
for a maintenance guarantee in the amount of $26,928.48 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 26th day of January, 1999.
Clerk of Council
Ja~nes E. Clem, Mayor
Town of Leesburg
R:grnway6