HomeMy Public PortalAbout1996_10_23_R226 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
all
96-226
PRESENTED October 23, 1996
ADOPTED October 23, 1996
AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
WOODLEA MANOR PHASE 2A
WHEREAS, Pulte Home Corporation, the developer of Woodlea Manor Phase 2A, has not completed
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 $345,716.00 from NationsBank was provided by the
developer to guarantee the installation of public improvements for Woodlea Manor Phase 2A; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of $345,716.00
to guarantee installation of the remaining public improvements for Woodlea Manor Phase 2A.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. A time extension of one (1) year for the installation of public improvements is hereby
approved for Woodlea Manor Phase 2A.
SECTION II. The letter of credit from NationsBank in the amount of $345,716.00 is approved to
guarantee the installation of public improvements for Woodlea Manor Phase 2A.
PASSED this 23rd day of October
ATTEST:
Clerk of Council
, 1996.
J/a'fnes E. Clem, Mayor
//town of Leesburg
R:wodlea2A. res