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HomeMy Public PortalAbout2000_08_08_r155The Town of eesburg, 5' rg ma RESOLUTION NO. A RESOLUTION: 2000-155 AUTHORIZING A TIME EXTENSION IMPROVEMENTS AND APPROVING A POTOMAC STATION lA PRESENTED August 8, 2000 ADOPTED August 8, 2000 FOR COMPLETION OF PUBLIC PERFORMANCE GUARANTEE FOR WHEREAS, WL Homes, LLC, the developer of Potomac Station IA, 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 time extension to complete the public improvements; and WHEREAS, this subdivision is in Loudoun County and the town's bonded improvements are water and sanitary sewer only; and WHEREAS, a corporate surety bond in the amount of $48,440.46 from the Seaboard Surety Company was provided by the developer to guarantee the installation of public improvements in Potomac Station Section lA; and WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to April 4, 2001 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 Seaboard Surety Company in the amount of $48,440.46 is approved to guarantee the installation of public improvements in Potomac Station Section lA. SECTION II. A time extension to April 4, approved. PASSED this 8t._~_~ day of August 2000. C~kof Council 2001 for completion of the public improvements is B.J. Webb, Mayor Town of Leesburg R:PotStalA