HomeMy Public PortalAbout1991_09_10_R200The Town of
Leesburg,
Virginia
RESOLUTION NO. 91- 200
A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
TAVISTOCK FARMS SECTION 9.
WHEREAS, Trafalgar House, the developers of Tavistock Farms Section 2, has not completed all
the required public improvements in accordance with the approved construction drawings and town
standards within the two year period agreed to in the contract for public improvements; and
WHEREAS, the developer has requested a one year time extension to complete the public
improvements; and
WHEREAS, the corporate surety bond from American Home Assurance Company, which
guarantees the installation of public improvements in Tavistock Farms Section 2 in the amount of
$35,319.00, automatically renews for additional one year periods; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of $35,319.00
to guarantee installation of the remaining public improvements in Tavistock Farms Section 2.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
Renewal of the corporate surety bond from American Home Assurance Company in the amount
of $35,319.00 in a form approved by the Town Attorney and a time extension of one year for the
installation of public improvements are hereby approved for Tavistock Farms Section 2.
PASSED this 10th day of September , 1991.
PRESENTED September 10, 1991
ADOPTED September 10:1991
ATTEST:
r:tavistock.2
Robert E. Sevila, M&yor
Town of Leesburg