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HomeMy Public PortalAbout2001_08_14_r141The Town of 1 .eesburg, rg nta PRESENTED August 14, 2001 RESOLUTION NO. 2 001-141 ADOPTED August 14, 2001 A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEES AND APPROVING MAINTENANCE GUARANTEES FOR PUBLIC IMPROVEMENTS AT GREENWAY FARM SECTION 8, PHASE 3 SECTION 9 AND THE MEADE DRIVE AND ROUTE 15 IMPROVEMENTS WHEREAS, Beazer Homes, the developer of Greenway Farm Section 8, Phase 3 Section 9 and the Meade Drive and Route 15 Improvements 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 maintenance guarantees for Greenway Farm Section 8, Phase 3 Section 9 and the Meade Drive and Route 15 Improvement. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bonds from the American Home Assurance Company in the amount of $45,257.00 for Section 8; $66,142.05 for Phase 3 Section 9; and $830,000.00 for the Meade Drive and Route 15 Improvements are released, a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $20,391.68 for Section 8; $33,071.03 for Phase 3 Section 9; and $41,360.12 for the Meade Drive and Route 15 Improvements are 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 14th day of August 2001. ATTEST: f Council B.J. Wj~bb, Mayor Town bf Leesburg R:GmwayReleases