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HomeMy Public PortalAbout2000_01_26_r018The Town of Leesburg, .--Virginia RESOLUTION NO. A RESOLUTION: 2000-18 AUTHORIZING PERFORMANCE PRESENTED January 26, 2000 ADOPTED January 26, 2000 AN AGREEMENT AND APPROVING A GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR RIVER CREEK PHASE VIII, SECTION 2B "LANDBAY J" WHEREAS, River Creek, L.L.C., the developer of River Creek Phase VIII, Section 2B "Landbay J" requested approval of a corporate surety bond from the Fidelity and Deposit Company of Maryland in the amount of $141,403.00 to guarantee the public improvements in River Creek Phase VIH, Section 2B "Landbay J"; and WHEREAS, the Director of Engineering and Public Works recommends approval of a contract for installation of public improvements and acceptance of a performance guarantee for River Creek Phase VIII, Section 2B. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager shall execute the contract for public improvements for the improvements shown on the plans approved by the Director of Engineering and Public Works for River Creek Phase VIII, Section 2B "Landbay J". SECTION II. The extension of municipal water and sewer for River Creek Phase VIII, Section 2B "Landbay J" is approved in accordance with Section 15-9 and 19-18 of the Town Code. SECTION IH. The corporate surety bond in a form approved by the town attorney from Fidelity and Deposit Company of Maryland in the amount of $141,403.00 is approved as security A RESOLUTION: -2- AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR RIVER CREEK PHASE VIII, SECTION 2B "LANDBAY J" to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for River Creek Phase VIII, Section 2B "Landbay J". PASSED this 26th day of January, 2000. ATTEST: Clerk of Council es E. Clem, Mayor Town of Leesburg R:RiverCreekVIII2B