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HomeMy Public PortalAbout2004_05_11_r064The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED May 11, 2004 2 0 0/4- 6 6, ADOPTED May 11, 2004 ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT MEADOW GLEN PASSED this 11t~ day of May 2004. rk of Council R04:MoadowGlen Perffiel WHEREAS, Meadow Glen of Leesburg, L.P., and Ilamel Builders, Inc., the developers of Meadow Glen 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 Meadow Glen. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the United States Fidelity and Guaranty Company in the amount of $26,910.27 is released, and a new security in a form approved by the town attorney for a maimenance guaramee in the amount of $1,345.51 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 hens or charges.