HomeMy Public PortalAbout2001_01_23_r008The Town of
7/.eesburg,
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PRESENTED January 23,2001
RESOLUTION NO. 2001-8 ADOPTED January 23, 2001
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
THE KIRKPATRICK PROPERTY SUBDIVISION
WHEREAS, Grove at Morven Park, LLC, the developer of the Kirkpatrick Property
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 Kirkpatrick Property
Subdivision.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I.
The letter of credit from the Provident Bank of Maryland in the amount of
$65,212.00 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $15,600.00 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 free of any liens or charges.
PASSED this 23rd day of January 2001.
ATTEST:
C '~rfc f~c uncq
Mayor
Town of Leesburg
R: KirkpatrickProp