HomeMy Public PortalAbout1978_11_08_R212RESOLUTION NO.
A RESOLUTION:
TOWN OF LEESBURG
IN
LOUDOUN COUNTY, VIRGINIA
PRESENTED November 8, 1978
78-212 ADOPTED November 8, 1978
AUTHORIZING THE TOWN ATTORNEY TO CALL HERITAGE
.SQUARE PERFORMANCE BOND FOR INSTALLATION OF PUBLIC
IMPROVEMENTS
WHEREAS public improvements for Heritage Square were not
completed within the one year time period as specified in the
contract for public improvements between the developer, Shor-
Leesburg Associates, and the town, and
WHEREAS Council did approve an extension of time for instal-
lation of the public improvements until May 7, 1977, and
WHEREAS performance bond number 4295667 with the Hartford
Accident & Indemnity Company in the amount of $262,534.80 and a
$24,000 promissory note from Shor-Leesburg Associates is outstanding
for the required public improvements, and
WHEREAS the Director of Engineering has requested that Shor-
Leesburg Associates complete installation of paving on Heritage
Way prior to November 15, 1978;
THEREFORE, resolved by the Council of the Town of Leesburg,
Virginia, as follows:
SECTION I. The town attorney is directed to instigate action
against the Hartford Accident & Indemnity Company and Shor-Leesburg
Associates for the installation of public improvements at Heritage
Square which will result in completion of the required installations
if paving of Heritage Way is not completed by November 15, 1978.
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SECTION II. In the event Heritage Way has not been paved
prior to November 15, 1978, the town manager is authorized and
directed to have that paving completed and the cost will be
recovered by action against the bond holders.
PASSED this 8th day of November ,1978.
Town of Leesburg
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