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HomeMy Public PortalAbout2000_09_12_r169Tl e Town of Leesburg, rg ma RESOLUTION NO. A RESOLUTION: 2000-169 ADOPTED ACCEPTING PUBLIC IMPROVEMENTS, PERFORMANCE GUARANTEE AND PRESENTED September 12, 2000 September 12, 2000 RELEASING THE APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT WOODLEA MANOR PHASE 5 WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase 5 has completed the public improvements in accordance with approved plans and town standards and these have been inspected and approved; and WHEREAS, the Director of Engineering and Public Works recommends accepting the public improvements and approving a maintenance guarantee for Woodlea Manor Phase 5. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Safeco Insurance Company of America in the amount of $135,538.70 is released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $35,633.07 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 12th day of September 2000. B.J. X~/Jebb, Mayor Town of Leesburg ATTEST: (i rk'0f Co-until R:WoodleaPhs5