HomeMy Public PortalAbout1992_06_09_R085The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
92-85
PP~SENTED June 9 ~ 1992
ADOPTED June 9, 1992
AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
BATTLEFIELD PARKWAY PHASE H AND THE BIG SPRINGS
STORMWATER MANAGEMENT POND
WHEREAS, Richmond American Homes, the developer of Battlefield Parkway Phase H and the
Big Springs Stormwater Management Pond, 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 (1) year time extension to complete the public
improvements; and
WHEREAS, a corporate surety bond in the amount of $352,237.00 from American Motorists
Insurance Company was provided by the developer to guarantee the installation of public improvements
in Battlefield Parkway Phase II and the Big Springs Stormwatere Management Pond; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of
$352,237.00 to guarantee installation of the remaining public improvements in Battlefield Parkway
Phase II and the Big Springs Stormwater Management Pond.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. A time extension of one year for the installation of public improvements is hereby
approved for Battlefield Parkway Phase II and the Big Springs Stormwater Management Pond.
SECTION II. The corporate surety bond from American Motorists Insurance Company in the
amount of $352,237.00 is approved to guarantee the installation of public improvements in Battlefiekd
Parkway Phase II and the Big Springs Stormwater Management Pond.
A RESOLUTION:
-2-
AUTHORIZING TIME EXTENSION FOR BATTLEFIELD PARKWAY PHASE
II AND THE BIG SPRINGS STORMWATER MANAGEMENT POND
PASSED this 9th
Clerk of Council
day of June , 1992.
R~bert E. Sevila,' l~ayor
Town of Leesburg
r:battlefield.big