HomeMy Public PortalAbout2003_09_23_r129The Town of
Leesburg,
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PRESENTED September 23, 2003
RESOLUTION NO. 2 0 0 3 - 12 9 ADOPTED September 23, 2003
A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT WOODLEA MANOR
PHASE 6
WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase 6 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 6.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The corporate surety bond from the Sa/eeo Insmanee Company of America in the
amount of $999,326.08 is released, and a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $49,966.30 is approved, and shall be in effect for a period of one
year from this date.
SECTION 1I. 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 23rd day of September 2003.
ATI~EST:
C~rk o-f COUncil
Town of Leesburg ' ~
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