HomeMy Public PortalAbout1999_02_23_r047The Town of
Leesburg,
- Virginia
RESOLUTION NO.
A RESOLUTION:
99-47
ACCEPTING PUBLIC IMPROVEMENTS,
PERFORMANCE GUARANTEE AND
PRESENTED February 23, 1999
ADOPTED February 23, 1999
RELEASING THE
APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
EVERGREEN MILL ELEMENTARY SCHOOL
WHEREAS, Perini Construction, Inc., the developer of the Evergreen Mill Elementary
School has completed the public improvements in accordance with the 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 and Guaranty
Company in the amount of $466,674.00 is released, a new security in a form approved by the
town attorney for a maintenance guarantee in the amount of $23,333.70 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 23rd day of February, 1999.
Clerk of Council
flxfnes E. Clem, Mayor
Town of Leesburg
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