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HomeMy Public PortalAbout2006_05_09_r081 The Town of Leesburg, Virginia RESOLUTION NO. PRESENTED: May 9. 2006 ADOPTED: May 9. 2006 ACCEPTING THE PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND APPROVING A MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT HARVEST SQUARE LOTS 1 & 2 DULLES MOTOR CARS PARKING LOT 2006-81 A RESOLUTION: WHEREAS, Dunes Motor Cars, the developer of Harvest Square Lots 1 & 2 Dulles Motor Cars Parking Lot 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 cash maintenance guarantee for Harvest Square Lots 1 & 2 Dulles Motor Cars Parking Lot. THEREFORE, RESOLVED by the Council of the Town ofLeesburg in Virginia as follows: SECTION I. The corporate surety bond from the Old Republic Surety Company in the amount of$21,540.20 is released, and a cash maintenance guarantee in the amount of$1,077.01 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. PASSED this 9th day of May 2006. ~~ al a~ erk of CounCll R06:HarvestSquare PertR.el