HomeMy Public PortalAbout1999_02_23_r048The Town of
Leesburg,
._Virginia
RESOLUTION NO.
A RESOLUTION:
WHEREAS,
PRESENTED February 23, 1999
99-48
ADOPTED February 23, 1999
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
LEESBURG PARK PHASE II
W.R.N. Properties, LLC, the developer of Leesburg Park Phase II 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 National Union Fire Insurance
Company in the amount of $27,952.10 is released, a new security in a form approved by the town
attorney for a maintenance guarantee in the amount of $1,397.61 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 23ra day of February, 1999.
_ST:
Clerk of Council
~es E. Clem, Mayor
Town of Leesburg
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