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HomeMy Public PortalAbout1999_05_25_r162The Town of Leesburg, Virginia RESOLUTION NO. 99-162 AUTHORIZING A IMPROVEMENTS PRESENTED May 25, 1999 ADOPTED May 25, 1999 A RESOLUTION: TIME EXTENSION FOR COMPLETION OF PUBLIC AND APPROVING A PERFORMANCE GUARANTEE FOR WOODLEA MANOR PHASE 1/BRADFIELD DRIVE CONNECTION WHEREAS, Winchester Homes, the developer of Woodlea Manor Phase 1/Bradfield Drive Connection, 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, a corporate surety bond in the amount of $62,000.00 from the Safeco Insurance Company was provided by the developer to guarantee the installation of public improvements in Woodlea Manor Phase I/Bradfield Drive Connection. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Safeco Insurance Company in the amount of $62,000.00 is approved to guarantee the installation of public improvements in Woodlea Manor Phase 1/Bradfield Drive Connection. SECTION II. A one (1) year time extension to May 10, 2000, for completion of the public improvements is approved. PASSED this 25th day of May, 1999. Clerk of Council Jam~es E. Clem, Mayor Town of Leesburg R:woodleabfd