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HomeMy Public PortalAbout2001_01_09_r002The Town of I eesburg, lrglnla RESOLUTION NO. A RESOLUTION: 2001-2 ADOPTED ACCEPTING PUBLIC IMPROVEMENTS, PERFORMANCE GUARANTEE AND PRESENTED January 9, 2001 January 9, 2001 RELEASING APPROVING THE A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT CROSSROADS BAPTIST CHURCH WHEREAS, Crossroads Baptist Church, the developer of the Crossroads Baptist Church 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 Crossroads Baptist Church. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The letter of credit from the Wachovia Bank in the amount of $18,611.00 is released, a new security in a fOrm approved by the town attorney for a maintenance guarantee in the amount of $930.55 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 9th day of January 2001. B.J. Webb, Mayor Town of Leesburg ATTEST: R:Crossroads