HomeMy Public PortalAbout1997_07_22_R182 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED ,July 22, 1997
97-182 ADOPTED July 22, 1997
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR POTOMAC
CROSSING SECTION 3B-1
July ,1997.
jam E~.Cle~ ~' ~_~
m, Mayor
T~wn of Leesburg
R:pot3B1
ST:
Clerk of Council
in effect.
PASSED this 22nd day of
WHEREAS, on August 13, 1996 the Town Council adopted Resolution//96-177 which authorized an
agreement and approved a performance guarantee and water and sewer extension permits for Potomac Crossing
Section 3B; and
WHEREAS, Arcadia Building Company, the developer of Potomac Crossing Section 3B, revised the plans
and plat of this section of Potomac Crossing and has renamed it to "Potomac Crossing Section 3B-l"; and
WHEREAS, the cost estimate for public improvements for Potomac Crossing Section 3B-1 is $150,615.00.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager shall execute a new contract for public improvements for the improvements
shown on the plans approved by the Director of Engineering and Public Works for Potomac Crossing Section 3B-1.
SECTION II. The corporate surety bond in a form approved by the town attorney from The American
Insurance Company in the amount of $150,615.00 is approved as security to guarantee installation of public
improvements shown on plans approved by the Director of Engineering and Public Works for Potomac Crossing
Section 3B- 1.
SECTION III. The extension of municipal water and sewer for Potomac Crossing Section 3B-1 is
approved in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION IV. The contract for installation of public improvements authorized by Resolution #96-177 will
be canceled after the new contract and performance guarantee approved in Section I and II above are executed and