HomeMy Public PortalAbout1991_02_12_R038RESOLUTION NO. 91- 3 8
A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR EXECUTION OF AN AGREEMENT
AND PROVIDING A PERFORMANCE GUARANTEE FOR THE PUBLIC
IMPROVEMENT IN THE STAR PONTIAC VEHICLE STORAGE FACILITY
WHEREAS, a gravel vehicle storage facility was created over two years ago without benefit to an
approved development plan as required by the town's Subdivision and Land Development Regulations
and Zoning Ordinance; and
WHEREAS, subsequently a development plan was submitted and approved by the Planning
Commission; and
WHEREAS, the Council by Resolution No. 89-231 authorized an agreement and performance
guarantee in the amount of $80,250.00 for public improvements associated with the development plan;
and
WHEREAS, a phasing plan was approved which limits the area for vehicle storage, provides the
installation of substantial landscaping to screen the lot from adjacent residential property and creates
a swale to improve drainage in the area; and
WHEREAS, the Council by Resolution No. 90-193 approved the phasing plan and a performance
guarantee in the amount of $21,000.00 to guarantee the installation of the landscaping and swale; and
WHEREAS, the owner provided a letter of credit from Farmers and Merchants National Bank in
the amount of $21,000.00 for Phase I to guarantee the installation of the Phase I improvement; and
WHEREAS, the installation of the landscaping,
approved; and
WHEREAS, pursuant to Council Resolution No.
PRESENTED February 12, 1991
ADOPTED February 12, 1991
90-193 adopted July 25, 1990 the owner is
required to enter into an agreement to complete all public improvements and provide the $80,250.00
performance guarantee approved by Resolution No. 89-231 on or before January 25, 1991, or remove
all vehicles from the gravel vehicle storage facility; and
WHEREAS, the owner, because of economic conditions, has requested additional time before
being required to sign the agreement and provide the performance guarantee.
fence and swale have been completed and
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AUTHORIZING A TIME EXTENSION FOR EXECUTION OF AN AGREEMENT AND
PROVIDING A PERFORMANCE GUARANTEE FOR THE PUBLIC IMPROVEMENT
IN THE STAR PONTIAC VEHICLE STORAGE FACILITY
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
A one year time extension for execution of the contract for installation of public improvements
(PCo2) and providing the performance guarantee is hereby approved. Therefore, on or before January
25, 1992, the owner shall be required to enter into the agreement and provide the performance guarantee
as authorized pursuant to Resolution No. 89-231 or remove all vehicles from the gravel vehicle storage
area.
PASSED this 12th day of February , 1991.
ATTEST:
Clerk of Co~/~il
star.pon
Robert E. Sevila, Mayor
Town of Leesburg