HomeMy Public PortalAbout1999_03_23_r082The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED March 23, 1999
99-82 ADOPTED March 23, 1999
AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE
FOR POTOMAC STATION lA
lA.
SECTION II.
improvements is approved.
PASSED this 23rd day of March, 1999.
Clerk of Council
A one (1) year time extension to April 4, 2000 for completion of the public
Ja~s E. Clem, Mayor
Town of Leesburg
r:potstalA
WHEREAS, John Laing Homes, the developer of Potomac Station lA, 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 one (1) year time extension to complete the public
improvements; and
WHEREAS, this subdivision is in Loudoun County and the town's bonded improvements are
water and sanitary sewer only; and
WHEREAS, a corporate surety bond in the amount of $48,440.46 from the Seaboard Surety
Company was provided by the developer to guarantee the installation of public improvements in
Potomac Station Section IA.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The corporate surety bond from the Seaboard Surety Company in the amount of
$48,440.46 is approved to guarantee the installation of public improvements in Potomac Station Section