HomeMy Public PortalAbout1995_01_10_R001 Time Ext for Pub Improvements Greenway Farms Rt 15 Road ImprovementsThe Town of
Leesburg,
t Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED January 10, 1995
95--1 ADOFIED January 10. 1995
AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTSAND APPROVING A PERFORMANCE GUARANTEE
FOR GREENWAY FARM RT. 15 ROAD IMPROVEMENTS
Farm Rt. 15 Road Improvements.
PASSED this lOth day of
Clerk of Council ' ~-~
January
, 1995
· Clem, Mayor
Town of Leesburg
R:grnwayl5.res
WHEREAS, Trafalgar House, the developer of Greenway Farm Rt. 15 Road Improvements, 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 $42,700.00 from The American Home
Assurance Company was provided by the developer to guarantee the installation of public improvements
for Greenway Farm Rt. 15 Road Improvements; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of
$42,700.00 to guarantee installation of the remaining public improvements for Greenway Farm Rt. 15
Road Improvements.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. A time extension of one (1) year for the installation of public improvements is
hereby approved for Greenway Farm Rt. 15 Road Improvements.
SECTION II. The corporate surety bond from The American Home Assurance Company in the
amount of $42,700.00 is approved to guarantee the installation of public improvements for Greenway