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HomeMy Public PortalAbout1996_06_11_R113 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED June 11 ~ 1996 96-113 ADOPTED June 11. 1996 AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR CROSSROADS BAPTIST CHURCH , 1996. ~?fmes E. Clem, Mayor Town of Leesburg R:crossrds.res Clerk of Council PASSED this 11 th day of June 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 previously approved time extensions; and WHEREAS, although progress has been made toward the building, the phase for public improvements has not progressed to the point that a final inspection can be performed; 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, 1997 for the installation of public improvements is hereby approved for Crossroads Baptist Church. SECTION II. The letter of credit from Jefferson National Bank in the amount of $18,611.00 is approved to guarantee the installation of public improvements for Crossroads Baptist Church.