HomeMy Public PortalAbout1995_07_11_R151 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED July 11, 1995
95-151 ADOPTED July 11~ 1995
AUTHORIZING AN AGREEMENT AND WATER AND SEWER
EXTENSION PERMITS FOR EXETERS FIRST ADDITION
June 27, 1995 is hereby rescinded.
PASSED this llth day of
ATTEST:
Clerk of Council
July
, 1995.
Jame E~.~lem,~ayo~'
Town of Leesburg
R:exelst.res
WHEREAS, Town Council Resolution #95-144 adopted on June 27, 1995 approved a corporate
surety bond from American Motorists Insurance Company in the amount of $467,995.99 as security to
guarantee installation of the public improvements shown on the plans approved by the Director of
Engineering and Public Works for Exeters First Addition; AND
WHEREAS, the developer, Richmond American Homes, now wishes to proceed with installation
of the public improvements without providing a performance guarantee; and
WHEREAS, the final plat for Exeters First Addition cannot be recorded until all the public
improvements are completed and accepted by the Town Council or a performance guarantee acceptable
to the Town Council is provided by the developer; and
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager shall execute the contract for public improvements without a
performance guarantee, with Richmond American Homes for the improvements shown on the plans
approved by the Director of Engineering and Public Works for Exeters First Addition.
SECTION II. The extension of municipal water and sewer for Exeters First Addition is approved
in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION III. Town Council Resolution #95-144 adopted by the Leesburg Town Council on