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HomeMy Public PortalAbout2000_04_25_r078The Town of eesburg, irginia RESOLUTION NO. A RESOLUTION: 2000-78 AUTHORIZING A IMPROVEMENTS PRESENTED April 25, 2000 ADOPTED April 25, 2000 TIME EXTENSION FOR COMPLETION OF PUBLIC AND APPROVING A PERFORMANCE GUARANTEE FOR EXETER HILLS SECTION 6A WHEREAS, Scottsbury, L.C., the developer of Exeter Hills Section 6A, 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 amount of $82,939.61 from the Amwest Surety Insurance Company was provided by the developer to guarantee the installation of public improvements in Exeter Hills Section 6A; and WHEREAS, the town's Director of Engineering and Public Works recommends a six (6) month time extension for completion of the public improvements. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Amwest Surety Insurance Company in the amount of $82,939.61 is approved to guarantee the installation of public improvements for Exeter Hills Section 6A. SECTION II. approved. PASSED this 25th day of April 2000. A six (6) month time extension for completion of the public improvements is ATTEST: C'I&I~ of ~un~il s E. Clem, Mayor Town of Leesburg R:ExeHills6A