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HomeMy Public PortalAbout2004_03_23_r040The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED March 23, 2004 2004-40 ADOPTED March 23, 2004 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT STRATFORD WEST SANITARY SEWER OUTFALL Kristen-c.'Ums~attd, Mayor Town of Leesburg RO4:SUatfrdWest SSOuffallPerfRel ATTEST: yerk of Council PASSED this 23~a day of March 2004. WHEREAS, Richmond American Homes, Inc., the developer of the Stratford West Sanitary Sewer Outfall 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 Leesburg Green. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond fi.om the St. Paul Fire and Marine Insurance Company in the mount of $243,440.00 is released, and a new security in a form approved by the town attorney for a maintenance guarantee in the amount of $12,172.00 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.