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HomeMy Public PortalAbout1998_01_27_R023The Town of Leesburg, Virg' ' Inla RESOLUTION NO. 9 8 - 2 3 PRESENTED ADOPTED Januaxy27,1998 Janus_27, 1998 A RESOLUTION: AU'IHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR GREENWAY FARM PUBLIC RECREATION CENTER WHEREAS, Trafalgar House, the developer of the Greenway Farm Public Recreation Center, 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 previously approved time extension; 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 mount of $15,797.00 from the American Home Assurance Company was provided by the developer to guarantee the installation of public improvements in the Greenway Farm Public Recreation Center. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the American Home Assurance Company in the amount of $15,797.00 is approved to guarantee the installation of public improvements in the Greenway Farm Public Recreation Center. SECTION II. approved. PASSED this 27th day of Janua~_, 1998. Clerk of Council A time extension to June 15, 1998 for completion of the public improvements is J~es E. Clem, Mayor Town of Leesburg