HomeMy Public PortalAbout2002_03_26_r038The Town of
Leesburg,
,._ trg nta
PRESENTED March 26, 2002
RESOLUTION NO. 2 0 0 2- 3 8 ADOPTED March 26, 2002
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, REIJEASING THE
PERFORMANCE GUARANTEE AND APPROVING A
MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT
THE TAVISTOCK FARMS OFFSITE WATERLINE
WHEREAS, Arcadia Development Company, the developer of the Tavistock Farms
Offsite Waterline 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 Tavistock Farms Offsite
Waterline.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I. The corporate surety bond from the American Insurance Company in the
amount of $50,663.00 is released, a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $2,533.15 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 26th day of March 2002.
ATTEST:
of Council
R:TavOffsiteWtrline