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HomeMy Public PortalAbout1994_11_22_R248 The Town of Leesburg, Virginia PRESENTED November 22 ~ 1994 RESOLUTION NO. 94-248 ADOPTED November 22, 1994 A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR THE PATOWMACK POWER PLANT WHEREAS, Patowmack Power Partners, Inc., the developer of the Patowmack Power Plant, 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 cash bond in the amount of $25,000.00 was provided by the developer to guarantee the installation of a waterline extension for the Patowmack Power Plant. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The cash bond in the amount of $25,000.00 is approved to guarantee the installation of public improvements at the Patowmack Power Plant. SECTION II. A time extension to November 18, 1995 for completion of the public improvements is approved. PASSED this 22nd day of ATTEST: Clerk of Council November , 1994. ~Yames E. Clem, Mayor Town of Leesburg R:patowmack.res