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HomeMy Public PortalAbout2006_11_28_r198 The Town of Leesburg, Virginia PRESENTED: November 28. 2006 RESOLUTION NO. 2006-198 ADOPTED: November 28. 2006 A RESOLUTION: ACCEPTING THE PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE AND A APPROVING MAINTENANCE GUARANTEE FOR PUBLIC IMPROVEMENTS AT 210 WIRT STREET, S.W. (FORMERLY 202 WIRT STREET, S.W.) WHEREAS, Peter C. Burnett, the developer of 210 Wirt Street, S.W. (formerly 202 Wirt Street, S.W.), 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 210 Wirt Street, S.W. (formerly 202 Wirt Street, S.W.). THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The letter of credit from the James Monroe Bank in the amount of $18,098.41 is released, and a new security, a cash bond for a maintenance guarantee in the amount of $904.92 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 28th day of November 2006. ~~l>n~ . C. Umstattd, Mayor Town of Leesburg ATTEST: ~ddL d/. a~ erk of CouncIl R06:210 Wirt St PerfRel