HomeMy Public PortalAbout1999_04_13_r108The Town of
Leesburg,
Virginia
PRESENTED April 13, 1999
RESOLUTION NO. 99-108 ADOPTED April 13, 1999
A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE
FOR POTOMAC STATION COMMUNITY CENTER
WHEREAS, Goose Creek Communities, L.L.C., the developer of the Potomac Station
Community 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
WHEREAS, the developer has requested a one (1) year time extension to complete the public
improvements; and
WHEREAS, a corporate surety bond in the mount of $130,038.00 from Frontier Insurance
Company was provided by the developer to guarantee the installation of public improvements in
Potomac Station Community Center.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTON I. The corporate surety bond from Frontier Insurance Company in the amount of
$130,038.00 is approved to guarantee the installation of public improvements in Potomac Station
Community Center.
SECTION II. A one (1) year time extension to April 18, 2000 for completion of the public
improvements is approved.
PASSED this 13th day of April, 1999.
Clerk of Council
Ja~s E. Clem, Mayor
Town of Leesburg
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