HomeMy Public PortalAbout2007_05_22_r087(a) Perf Guar - Beeler Property
The Town of
Leesburg,
Virginia
PRESENTED: May 22. 2007
RESOLUTION NO. 2007-87
ADOPTED:
May 22. 2007
A RESOLUTION:
ACCEPTING THE PUBLIC IMPROVEMENTS, RELEASING THE
PERFORMANCE GUARANTEE, AND APPROVING A MAINTENANCE
GUARANTEE FOR THE BEELER PROPERTY
WHEREAS, Mark Beeler, the developer of the Beeler Property 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 Beeler Property.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION 1. The corporate surety bond from the CNAlWestem Surety Company in the
amount of $18,000 is released, and acceptance of a cash bond for a maintenance guarantee in the amount
of $899.75 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 22nd day of May 2007.
ATTEST: