HomeMy Public PortalAbout1997_09_09_R220 The Town of
Leesburg,
Virginia
PRESENTED September 9, 1997
RESOLUTION NO. 97--220 ADOPTED September 9, 1997
A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR INSTALLATION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
LEESBURG PARK
WHEREAS, The Edwards Ferry - Beverly Road Associates Limited Partnership, 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
WHEREAS, the developer has requested a six (6) month time extension to complete the public
improvements; and
WHEREAS, a corporate surety bond in the amount of $67,242.72 from the Liberty Mutual
Insurance Company was provided by the developer to guarantee the installation of public improvements
for Leesburg Park; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of
$67,242.72 to guarantee installation of the remaining public improvements for Leesburg Park.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. A time extension of six (6) months for the installation of public improvements is
hereby approved for Leesburg Park.
SECTION II. The corporate surety bond from the Liberty Mutual Insurance Company in the
amount of $67,242.72 is approved to guarantee the installation of public improvements for Leesburg Park.
PASSED this 9th day of September ., 1997.
ATTEST:
Clerk of Council
Ja~ffes E. Clem, Mayor
Town of Leesburg
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