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HomeMy Public PortalAbout2004_09_14_r140The Town of Leesburg, Virginia PRESENTED September 14, 2004 RESOLUTION NO. 200/+- 1/40 ADOPTED S~tember !4~ 2004 A RESOLUTION: ACCEPTING PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT THE REHAU HEADQUARTERS EXPANSION AND THE SANITARY SEWER EXTENSION WHEREAS, REHAU Incorporated, the developer of the REHAU Headquarters Expansion and the Sanitary Sower Extension 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 the REHAU Headquarters Expansion and the Sanitary Sewer Extension. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The cash bonds in the amount of $130,000.00 for the Headquarters Expansion; and $39,200.00 for the Sanitary Sewer Extension are released, and new securities in a form approved by the town attorney for maintenance guarantees in the amount of $6,500.00 for the Headquarters Expansion; and $1,960.00 for the Sanitary Sewer Extension are approved, and shall be in effcet for a period of one year from this date. SECTION II. This release is contingent upon delivery of a properly executed insmnnent conveying unto the town all such improvements and easements free of any liens or charges. PASSED this 14~ day of September 2004. R:RdmuBldgExp&SSExt PerfRel