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HomeMy Public PortalAbout1998_10_27_R239The Town of Leesburg, rgm a RESOLUTION NO. A RESOLUTION: PRESENTED October 27, 1998 98- 239 ADOPTED October 27, 1998 AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR WOODLEA MANOR PHASE 4 ATI/EST: Clerk of Council E. Clem, Mayor Town of Leesburg R:woodlea4 WHEREAS, Winchester Homes, Inc., the developer of Woodlea Manor Phase 4, 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 $135,538.70 from Safeco Insurance Company of America was provided by the developer to guarantee the installation of public improvements in Woodlea Manor Phase 4. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from Safeco Insurance Company of America in the amount of $135,538.70 was provided by the developer to guarantee the installation of public improvements in Woodlea Manor Phase 4. SECTION II. A time extension to April 18, 1999 for completion of the public improvements is approved. PASSED this 27th day of October, 1998.