HomeMy Public PortalAbout1997_06_10_R131 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
WHEREAS,
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 or public improvements has
not progressed to the point that a final inspection can be performed; and
WHEREAS, the developer has requested a one (I) 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, 1998 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.
PRESENTED June 10, 1997
97-131 ADOPTED June 10, 1997
AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
CROSSROAD BAPTIST CHURCH
Crossroads Baptist Church, the developer of Crossroads Baptist Church, has not completed
Clerk of Council
Clem, Mayor
Town of Leesburg
R:crossrds
PASSEDthis !0th day of June ., 1997.