HomeMy Public PortalAbout2002_05_29_r078The Town of
l .eesburg,
lrglnla
RESOLUTION NO.
A RESOLUTION:
2002-78
ACCEPTING
PERFORMANCE
PRESENTED May 29, 2002
ADOPTED May 29, 2002
PUBLIC IMPROVEMENTS, RELEASING THE
GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT POTOMAC CROSSING
RECREATION CENTER
WHEREAS, Arcadia Building Company, the developer of Potomac Crossing Recreation Center
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 Potomac Crossing Recreation Center.
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 $24,123.00 is released, and a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $1,206.15 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 29m day of May 2002.
ATTEST:
r-k of Council
' B.J.~WeLayor~~~-~
Town of Leesburg
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