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HomeMy Public PortalAbout1999_09_14_r283Tl~e Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED September 14, 1999 99-283 ADOPTED September 14, 1999 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARNATEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT WOODLEA MANOR PHASE 4 WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase 4 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 Safeco Insurance Company in the amount of $137,203.27 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $68,601.64 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 14th day of September, 1999. Clerk of Council R:woodlea4 4~es E. Clem, Mayor Town of Leesburg