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HomeMy Public PortalAbout2003_06_24_r101The Town of l .eesburg, trgtma PRESENTED June 24, 2003 RESOLUTION NO. 2003-101 ADOPTED June 24, 2003 A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT WOODLEA MANOR PHASE I/BRADFIELD DRIVE CONNECTION WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase I/Bradfield Drive Connection 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 Woodlea Manor Phase l/Bradfield Drive Connection. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Safeco Insurance Company of America in the amount of $62,000.00 is released, and a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $3,100.00 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 24th day of June 2003'. l~lerk of Council Town of Leesburg R:WoodleaBradDrPerfRelPerfRel