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HomeMy Public PortalAbout1999_09_14_r284T}te Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED September 14, 1999 99-284 ADOPTED September 14, 1999 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARNATEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE WARREN HILL SUBDIVISION WHEREAS, Chadsworth Homes, Inc., the developer of the Warren Hill Subdivision has completed the public improvements in accordance with approved plans and town standards, and these have been inspected and approved. THEREFORE, RESOLVED follows: SECTION I. The corporate by the Council of the Town of Leesburg in Virginia as surety bond from the American Motorists Insurance Company in the mount of $79,481.00 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $10,800.00 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 fi:ee of any liens or charges. PASSED this 14th day of September, 1999. Clerk of Council R:WarrenHill ~e~sE. Clem, ~ Mayor Town of Leesburg