HomeMy Public PortalAbout1995_11_14_R231The Town of
Leesburg,
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RESOLUTION NO.
A RESOLUTION:
PRESENTED November 14, 1995
95-231 ADOPTED November 14~ 1995
AUTHORIZING AN AGREEMENT AND APPROVING A
PERFORMANCE GUARANTEE FOR PUBLIC IMPROVEMENTS FOR
RIVER CREEK PARKWAY SOUTH, EARLY GRADING AND
STRUCTURE PLANS PHASE II IN POTOMAC STATION
WHEREAS, the construction drawings for River Creek Parkway South, Early Grading and
Structure Plan Phase II have been conditionally approved; and
WHEREAS, the developer, Goose Creek Communities LLC, wishes to proceed with installation
of the public improvements; and
WHEREAS, the developer proposes to provide a corporate surety bond issued by Fidelity and
Deposit Company in the amount of $470,072.00; and
WHEREAS, the Fidelity and Deposit Company meets the town's requirements for a surety and
the amount of the bond is approved by the Director of Engineering and Public Works; and
WHEREAS, a contract to construct a portion of the work shown on the approved construction
plans was authorized on September 26, 1995 by Resolution #95-199.
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 with Goose Creek
Communities LLC and River Creek LLC for the improvements shown on the plans approved by the
Director of Engineering and Public Works for River Creek Parkway South, Early Grading and Structure
Plan Phase II.
SECTION II. The corporate surety bond issued by Fidelity and Deposit Company in the amount
of $470,072.00 is approved to guarantee the installation of public improvements for River Creek Parkway
South, Early Grading and Structure Plan Phase II.
A RESOLUTION:
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AUTHORIZING AN AGREEMENT AND APPROVING A
PERFORMANCE GUARANTEE FOR PUBLIC IMPROVEMENTS FOR
RIVER CREEK PARKWAY SOUTH, EARLY GRADING AND
STRUCTURE PLANS PHASE II IN POTOMAC STATION
SECTION III. The contract authorized by Resolution #95-199 adopted on September 26, 1995
shall be cancelled when the new contract approved in Section I is in effect.
PASSED this 16th day of Iqovember , 1995.
A EST:
Clerk of Council
J~j~es E. Clem, Mayor
Town of Leesburg
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