HomeMy Public PortalAbout1995_06_13_R116 The Town of
Leesburg,
Virginia
RESOLUTION NO. 95-116
A RESOLUTION:
PRESENTED June 13, 1995
ADOPTED June 13~ 1995
AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE
FOR CROSSROADS BAPTIST CHURCH
day of June , 1995.
JaoTa~w~S E. Clem, Mayor
of Leesburg
R:crsrds.rcs
L6,~tEST:
Clerk of Council
Crossroads Baptist Church.
PASSED this 13th
WHEREAS, Crossroads Baptist Church, the developer of Crossroads Baptist Church, 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 letter of credit in the amount of $18,611.00 from Jefferson National Bank,
formerly the Bank of Loudoun, was provided by the developer to guarantee the installation of public
improvements for Crossroads Baptist Church; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of
$18,611.00 to guarantee the installation of the remaining public improvements for Crossroads Baptist
Church.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. 'A time extension to June 21, 1996 for the installation of public improvements is
hereby approved for Crossroads Baptist Church.
SECTION II. The letter of credit from Jefferson National Bank, formerly the Bank of Loudoun,
in the amount of $18,611.00 is approved to guarantee the installation of public improvements for