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HomeMy Public PortalAbout2001_01_23_r007The Town of ] .eesburg, .. trgtma PRESENTED January 23, 2001 RESOLUTION NO. 2001-7 ADOPTED January 23, 2001 A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE TECKLA COX SUBDIVISION WHEREAS, Teckla Hilbert Cox, the developer of the Teckla Cox Subdivision 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 the Teckla Cox Subdivision. THEREFORE, RESOLVED follows: SECTION I. The letter $10,967.33 is released, a new by the Council of the Town of Leesburg in Virginia as of credit from F&M Bank - Winchester in the amount of security in a form approved by the town attorney for a maintenance guarantee in the amount of $548.37 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 23rd day of January 2001. ATTEST: Cfferk oi Cou~n~il~/~ Town of Leesburg R:TecklaCoxSubd