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HomeMy Public PortalAbout1995_09_12_R178 The Town Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED September 12~ 1995 95-178 ADOPTED September 12, 1995 AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR LEESBURG GATEWAY LOT 1 day of September ,1995. Mayor Town of Leesburg R:gatewayl.res Clerk of Council improvements is approved. PASSED this 12th WHEREAS, the Double T Corporation, the developer of Leesburg Gateway Lot 1, 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 six (6) month time extension to complete the public improvements; and WHEREAS, a cash bond in the amount of $21,625.00 is approved to guarantee the installation of public improvements in Leesburg Gateway Lot 1. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The cash bond in the amount of $21,625.00 is approved to guarantee the installation of public improvements in Leesburg Gateway Lot 1. SECTION II. A time extension to February 21, 1996 for completion of the remaining public