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HomeMy Public PortalAbout2007_08_14_r113 The Town of Leesburg, Virginia PRESENTED: August 14.2007 RESOLUTION NO. 2007-113 ADOPTED: August 14. 2007 ARESOLUTION: ACCEPTING THE PUBLIC IMPROVEMENTS, RELEASING THE PERFORMANCE GUARANTEE, AND APPROVING A MAINTENANCE GUARANTEE FOR RIVER CREEK POTOMAC SANITARY SEWER PUMP STATION WHEREAS, River Creek, L.L.C., the developer of River Creek Potomac Sanitary Sewer Pump Station 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 River Creek Potomac Sanitary Sewer Pump Station . THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from The Fidelity and Deposit Company of Maryland in the amount of $233,842 is released, and a new security in a form approved by the Town Attorney for a maintenance guarantee in the amount of $11,692 from the Hartford Fire Insurance Company 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 aproperly executed instrument conveying unto the Town all such improvements and easements free of any liens or charges. PASSED this 14th day of August 2007. ~~~ . . U tattd, Mayor Town ofLeesburg AITE¡fl ~ YOfcounCil d !:1 R07 :RiverCreekPotomacSanitarySewerPumpStation PerfRel