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HomeMy Public PortalAbout2000_09_12_r166The Town of Leesburg, zrglnla RESOLUTION NO. 2000-166 PRESENTED ADOPTED September 12, 2000 September 12, 2000 A RESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR RIVER CREEK PARKWAY SOUTH, RIVER CREEK PHASE 1, SECTION iA, PHASES II & III, SECTION 1; PHASE II, SECTIONS 3 & 3A; PHASE IV, SECTION 1; PHASE II, SECTION 2; PHASE II, SECTION 2B; AND THE GOLF COURSE FACILITIES WHEREAS, River Creek, L.L.C., the developer of River Creek Parkway South, River Creek Phase 1, Section IA, Phase II & III, Section 1; Phase II, Section 3 & 3A, Phase IV, Section 1; Phase II, Section 2; Phase II, Section 2B; and the Golf Course Facilities, 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 time extension to complete the public improvements; and WHEREAS, the subdivision is in Loudoun County and the town's bonded improvements are water and sanitary sewer only; and WHEREAS, corporate surety bonds in the following amounts from the Fidelity & Deposit Company of Maryland were provided by the developer to guarantee the installation of public improvements in River Creek Parkway South, River Creek Phase 1, Section lA, Phase II & III, Section 1; Phase II, Section 3 & 3A, Phase IV, Section 1; Phase II, Section 2; Phase II, Section 2B; and the Golf Course Facilities: River Creek Parkway South - $101,712.70 River Creek Phase 1 Section IA, Phase II & III, Section 1 - $28,294.10 Phase II, Section 3 & 3A - $42,514.67 Phase IV, Section 1 - $22,000.00 Phase II, Section 2 - $7,597.30 Phase II, Section 2B - $4,970.70 Golf Course Facilities - $41,889.10 and A RESOLUTION: -2- AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR RIVER: CREEK PARKWAY SOUTH, RIVER CREEK PHASE 1, SECTION IA, PHASES II & III, SECTION 1; PHASE II, SECTIONS 3 & 3A; PHASE IV, SECTION 1; PHASE II, SECTION 2; PHASE II, SECTION 2B; AND THE GOLF COURSE FACILITIES WHEREAS, the town's Director of Engineering and Public Works recommends time extensions as follows for completion of the public improvements: River Creek Parkway South - June 7, 2001 River Creek Phase 1 Section iA, Phase II & III, Section 1 - April 16, 2001 Phase II, Section 3 & 3A - May 13, 2001 Phase IV, Section 1 - November 13, 2001 Phase II, Section 2 - June 9, 2001 Phase II, Section 2B - June 9, 2001 Golf Course Facilities - April 25, 2001 THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bonds from the Fidelity & Deposit Company of Maryland in the amounts listed above are approved to guarantee the installation of public improvements in River Creek Parkway South, River Creek Phase 1, Section IA, Phase II & III, Section 1; Phase II, Section 3 & 3A, Phase IV, Section 1; Phase II, Section 2; Phase II, Section 2B; and the Golf Course Facilities. SECTION II. The time extensions recommended by the Director of Engineering and Public Works for completion of the public improvements in River Creek Parkway South, River Creek Phase 1, Section IA, Phase II & III, Section 1; Phase II, Section 3 & 3A, Phase IV, Section 1; Phase II, Section 2; Phase II, Section 2B; and the Golf Course Facilities are approved. PASSED this 12th day of September 2000. i~rk of Council B.J. gfdbb, Mayor Town of Leesburg