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HomeMy Public PortalAbout1997_01_28_R020The Town of Leesburg, rg ma RESOLUTION NO. A RESOLUTION: PRESENTED January 28, 1997 97-20 ADOPTED January 28~ 1997 AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR THE MANORS OF LEESBURG CHURCH PROPERTY STORM DRAINAGE OUTFALL Drainage Outfall. PASSED this 28th day of ATTEST: Clerk of Council January , 1997. J/a~fies E. Clem, Mayor Town of Leesburg R: mansdo, res THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. A time extension of sixty (60) days for the installation of public improvements is hereby approved for the Manors of Leesburg Storm Drainage Outfall. SECTION II. A corporate surety bond from the Seaboard Surety Company in the amount of $30,000.00 is approved to guarantee the installation of public improvements for the Manors of Leesburg Storm Outfall. WHEREAS, Rivermead Homes, Inc., the developer of the Manors of Leesburg Storm Drainage Outfall, has not completed all the required public improvements in accordance with the approved construction drawings and town standards within the period of time agreed to in the contract for public improvements and previously approved time extension adopted on September 10, 1996 by Resolution/996-191; and WHEREAS, the developer has requested a sixty (60) day time extension to complete the public improvements; and WHEREAS, a corporate surety bond in the amount of $30,000.00 from the Seaboard Surety Company was provided by the developer to guarantee the installation of public improvements for the Manors of Leesburg Storm Drainage Outfall; and WHEREAS, the Director of Engineering and Public Works has approved the amount of $30,000.00 to guarantee installation of the remaining public improvements for the Manors of Leesburg Storm Drainage