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HomeMy Public PortalAbout2000_09_12_r168The Town of Leesburg, trglnla RESOLUTION NO. PRESENTED September 12, 2000 2000-168 ADOPTED September 12, 2000 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND A WATER EXTENSION PERMIT FOR THE HOLIDAY INN WATER LINE EXTENSION WHEREAS, Crown American Hotels, the developer of the Holiday Inn Water Line Extension has requested approval of a corporate surety bond from the Travelers Casualty and Surety Company in the amount of $18,239.10; 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 the Holiday Inn Water Line Extension. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The town 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 the Holiday Inn Water Line Extension. SECTION II. The extension of municipal water for the Holiday Inn Water Line Extension is approved in accordance with Section 19-18 of the Town Code. SECTION III. The corporate surety bond in a form approved by the town attorney from the Travelers Casualty and Surety Company in the amount of $18,239.10 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for the Holiday Inn Water Line Extension. PASSED this 12th day of September 2000. erk of Council B.J. W~ob, Mayor Town of Leesburg R:HolidaylnnWL