HomeMy Public PortalAbout2001_11_14_r184The Town of
l ,eesburg,
trg ma
RESOLUTION NO.
A RESOLUTION:
2001-184
ACCEPTING PUBLIC IMPROVEMENTS,
PERFORMANCE GUARANTEE AND
PRESENTED November 14, 2001
ADOPTED November 14, 2001
RELEASING THE
APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
GREENWAY FARM SECTION 10
WHEREAS, Beazer Homes, the developer of Greenway Farm Section 10, 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 Greenway Farm Section 10.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I. The corporate surety bond from the American Home Assurance Company
in the amount of $675,000.00 is released, a new security in a form approved by the town attorney
for a maintenance guarantee in the amount of $33,750.00 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 14th day of November 2001.
B.J. W~4ob, Mayor
Town of Leesburg
ATTEST:
of Council
R:Gmwayl0Maint