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HomeMy Public PortalAbout1999_03_23_r086The Town of Leesburg, Virginia RESOLUTION NO. 99- 86 A RESOLUTION: AUTHORIZING IMPROVEMENTS AND APPROVING FOR POTOMAC STATION 2GH PRESENTED March 23, 1999 ADOPTED March 23, 1999 A TIME EXTENSION FOR COMPLETION OF PUBLIC A PERFORMANCE GUARANTEE ATTEST: Clerk of Council JaoT~S E. Clem, Mayor of Leesburg r:potst2GH improvements is approved. PASSED this 23rd. day of March, 1999. WHEREAS, Goose Creek Communities, L.L.C., the developer of Potomac Station 2GH, 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 $11,791.12 from the Frontier Insurance Company was provided by the developer to guarantee the installation of public improvements in Potomac Station Section 2GH. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Frontier Insurance Company in the amount of $11,791.12 is approved to guarantee the installation of public improvements in Potomac Station Section 2GH. SECTION II. A one (1) year time extension to March 29, 2000 for completion of the public