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HomeMy Public PortalAbout2000_06_13_r103The Town of Leesburg, in' v rg RESOLUTION NO. 2000-t03 PRESENTED June 13, 2000 ADOPTED June 13, 2000 A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR THE CROSSROADS BAPTIST CHURCH WHEREAS, Crossroads Baptist Church, the developer of the Crossroads Baptist Church, 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 extensions; and WHEREAS, the developer has requested a ninety (90) day time extension to complete the public improvements; and WHEREAS, a letter of credit in the amount of $18,611.00 from the Wachovia Bank was provided by the developer to guarantee the installation of public improvements in the Crossroads Baptist Church; and WHEREAS, the town's Director of Engineering and Public Works recommends a ninety (90) day 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 letter of credit from the Wachovia Bank in the amount of $18,611.00 is approved to guarantee the installation of public improvements in the Crossroads Baptist Church. SECTI°N II. A ninety (90) day time extension for completion of the public improvements is approved. PASSED this 13* day of June 2000. Afl, EST: erk of Council E. Clem, Mayor Town of Leesburg R:Crossroads