HomeMy Public PortalAbout2000_02_23_r039The Town of
eesburg,
lrffinla
W, ESOLUTION NO.
PRESENTED February 23, 2000
2000-39 ADOPTED February 23, 2000
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR
POTOMAC STATION SECTION 8B
WHEREAS, the Drees Company and Goose Creek Communities, L.L.C., the developers of
Potomac Station Section 8B have requested approval of a corporate surety bond from the American
Motorists Insurance Company in the amount of $336,062.00 to guarantee the public improvements in
Potomac Station Section 8B; 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 Potomac Station
Section BB.
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
Potomac Station Section 8B.
SECTION II. The extension of municipal water and sewer for Potomac Station Section 8B is
approved in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION III. The corporate surety bond in a form approved by the town attorney from the
American Motorists Insurance Company in the amount of $336,062.00 is approved as security to
guarantee installation of the public improvements shown on plans approved by the Director of
Engineering and Public Works for Potomac Station Section BB.
PASSED this 23rd day of February 2000.
ATTEST:
C'l~rl~ of C~ncil
· Clem, Mayor
Town of Leesburg
R:Potomac Station 8B