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HomeMy Public PortalAbout1998_09_29_R221 The Town of Leesburg, Virginia RESOLUTION NO. 98-221 PRESENTED September 29, 1998 ADOPTED September 29, 1998 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PROFFER AND SPECIAL EXCEPTION CONDITION GUARANTEE FOR COMPLETION OF IMPROVEMENTS TO FORT EVANS ROAD WHEREAS, in the approved rezoning plan for the Leesburg Comer Outlet Center (#ZM-150), the applicant Chelsea G.C.A. Realty, Inc. ("Chelsea"), proffered specific public road improvements to Fort Evans Road to be constructed prior to development of more than 305,000 square feet of uses on the outlet center property; and WHEREAS, in the approved special exception plan for Uniwest (#SE-98-01), the applicant Uniwest Construction, Inc. ("Uniwest") accepted conditions requiring specific public road improvements to Fort Evans Road to be approved and bonded prior to approval of the first development plan on the shopping center property; and WHEREAS, Chelsea requests approval of a proffer guarantee for such public improvements in order to proceed with development of the second phase of the outlet center exceeding 305,000 square feet; and WHEREAS, Uniwest requests approval of a special exception condition guarantee for such public improvements in order to proceed with development of the shopping center; and WHEREAS, Section 15.2-2299 and Section 15.2-2286 of the Code of Virginia authorize the zoning administrator to enforce conditions attached to a special exception and a zoning map amendment by requiring a guarantee, satisfactory to the governing body, in an amount sufficient and conditioned upon the construction of any physical improvements required by the conditions; and WHEREAS, Section 13-92(a)(3) and Section 13-92(a)(4) of the Subdivision and Land Development Regulations provide the authority to accept bonding for improvements proffered as part of any zoning map amendment and special exception condition; and A RESOLUTION: -2- AUTHORIZING AN AGREEMENT AND APPROVING A PROFFER AND SPECIAL EXCEPTION GUARANTEE FOR COMPLETION OF IMPROVEMENTS TO FORT EVANS ROAD WHEREAS, Section Zoning Ordinance Section 11A-6(9) of the Zoning Ordinance provides the authority to accept bonding for improvements conditioned as part of any special exception approval; and WHEREAS, the Town Council ("Town") has determined that a cash guarantee satisfies the meaning and intent of Proffer #3(b) of #ZM-150 and Paragraph #1 under Traffic Impact Study of#SE-98-01, and will ensure the timely completion of the specified improvements. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I: The Town manager is authorized to execute an Agreement to guarantee the construction of public road improvements as set forth in Proffer #3(b) of #ZM-150 and Paragraph #1 under Traffic Impact Study of #SE-98-01 by and between the Town, Chelsea and Uniwest. Such Agreement shall include the following terms: (a) the cost of any necessary right-of-way acquisition for Fort Evans Road improvements shall be the responsibility of the Town; (b) interest earned on the cash guarantee shall be returned to Chelsea and Uniwest upon completion of the road improvements; (c) the posting of Two Million Dollars ($2,000,000.00) in cash by Uniwest and Chelsea upon execution of the Agreement; and (d) return of the cash and interest to Chelsea and Uniwest upon bonding of the improvements for Fort Evans Road with the Town and the Virginia Department of Transportation (VDOT); (e) retention of the Cash Escrow in the event that by the earlier of June 30, 1999, or twelve (12) months following approval of the development plan and the acquisition of the right-of-way, Chelsea and Uniwest have failed to post the bond guarantee; and (f) the Agreement is in a form approved by the Town Attorney. SECTION II: The Town Manager shall not execute the Agreement, nor shall the Town be bound thereby, unless the litigation styled "Town of Leesburg vs. International A RESOLUTION: -3- AUTHORIZING AN AGREEMENT AND APPROVING A PROFFER AND SPECIAL EXCEPTION GUARANTEE FOR COMPLETION OF IMPROVEMENTS TO FORT EVANS ROAD Pavilion Limited Partnership", Law No. 20160, pending in the Circuit Court of Loudoun County, is fully settled no later than 5:00 p.m. on Friday, October 2, 1998. PASSED this 29th day of September, 1998. Clerk of Council J~nes E. Clem, Mayor Town of Leesburg Chelsres