HomeMy Public PortalAbout1994_12_13_R257The Town of
Leesburg,
rg ma
PRESENTED December 13, 1994
RESOLUTION NO. 94-257 ADOPTED December 13, 1994
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING WATER AND
SEWER EXTENSION PERMITS FOR GREENWAY FARM PUBLIC
RECREATION AREA
WHEREAS, Council Resolution #94-169 adopted on August 9, 1994 authorized an agreement
for installation of public improvements and approved water and sewer extension permits for the
Greenway Farm Public Recreation Area; and
WHEREAS, the developer, Trafalgar House, did not provide a performance guarantee for the
public improvement; and
WHEREAS, the final subdivision plat for the Greenway Farm Recreation Area cannot be
recorded until the public improvements are completed and accepted by the Town Council or a
performance guarantee acceptable to the Town Council is provided; and
WHEREAS, the developer proposes to provide a corporate surety bond from the American
Home Assurance Company in the amount of $136,000.00 to guarantee the installation of the public
improvements shown on the plans approved by the Director of Engineering and Public Works for the
Greenway Farm Recreation Area.
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The Manager shall execute a new contract for installation of public
improvements for the improvements shown on the plans approved by the Director of Engineering and
Public Works for the Greenway Farm Recreation Area.
SECTION II. The corporate surety bond in a form approved by the Town Attorney from the
American Home Assurance Company in the amount of $136,000.00 is approved as security to guarantee
installation of the public improvements shown on plans approved by the Director of Engineering and
Public Works for the Greenway Farm Recreation Area.
RESOLUTION:
-2-
GREENWAY FARM PUBLIC RECREATION AREA
SECTION III. The contract for installation of public improvements authorized by Resolution
#94-169 will be cancelled after the new contract and performance guarantee approved in Section I and
II above are executed and in effect.
PASSED this 13th day of
A21TEST:
Clerk of Council'
December , 1994
Ja,~es E. Clem, Mayor
Town of Leesburg
R:grnwyrec.res