HomeMy Public PortalAbout2004_03_23_r039The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED March 23, 2004
2 0 0 4 - 3 9 ADOPTED March 23, 2004
ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE
GUARANTEE FOR PUBLIC IMPROVEMENTS AT LEESBURG GREEN
PASSED this 23~ day of March 2004.
A~)ST:
C~6rk of Council
Town of Leesburg
R04:LeeslmrgGreenPerffiel
WHEREAS, Leesburg Storage, LLC, the developer of Leesburg Green 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 guamn~ for Leesburg Green.
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 $39,931.00 is released, and a new security in a form approved by the town attorney for a
maintenance guarantee in the amount of $19,965.65 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.