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HomeMy Public PortalAbout1999_05_11_r145The Town of Leesburg, Virginia RESOLUTION NO. :A RESOLUTION: PRESENTED May 11, 1999 99-145 ADOPTED May 11, 1999 ACCEPTING A CASH PAYMENT IN LIEU OF CONSTRUCTION FOR A PORTION OF THE FORT EVANS ROAD IMPROVEMENTS FOR FORT EVANS PLAZA WHEREAS, the Final Development Plan for Fort Evans Plaza includes construction of frontage improvements along Fort Evan's Road; and WHEREAS, the Town Council adopted Resolution #99-110 on April 13, 1999 which authorized a contract and accepted a $950,000.00 corporate surety bond to guarantee the installation of public improvements at Fort Evans Plaza, which includes Fort Evans Road frontage improvements; and WHEREAS, the developer, Fort Evans Plaza, L.P. (Uniwest), has requested that the town accept a cash payment in lieu of construction for a portion of the ultimate median in Fort Evans Road because the existing fight-of-way is not wide enough to install all the required lanes and the median; and WHEREAS, the estimated cost of the proposed deferred improvements is $15,000.00; and WHEREAS, all the frontage improvements must be installed or paid for by the developer to comply with the town's Subdivision and Land Development Regulations; and WHEREAS, deferral of the median construction will not adversely effect the public use of Fort Evans Road. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: A RESOLUTION: -2- ACCEPTING A CASH PAYMENT IN LIEU OF CONSTRUCTION FOR A PORTION OF THE FORT EVANS ROAD IMPROVEMENTS FOR FORT EVANS PLAZA SECTION I. The Town Council hereby accepts a cash payment of $15,000.00 in lieu of construction of approximately 250 feet of raised median in Fort Evans Road between Station 24+00 and Station 26+50. SECTION II. The $15,000.00 shall be held in a capital project account to be used for the installation of the median as described in Section I above by the town or other parties as authorized by the town. PASSED this 11th day of May, 1999. ATTEST: Clerk of Council Jagnes E. Clem, Mayor Town of Leesburg R:ftevnsplzlieucons