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HomeMy Public PortalAbout2000_10_31_r209The Town of Leesburg, rgmm PRESENTED October 31, 2000 RESOLUTION NO. 2000-209 ADOPTED October 31, 2000 A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR POTOMAC STATION SECTION 6H WHEREAS, Engle Homes/Virginia, Inc., and Goose Creek Communities, L.L.C., the developers of Potomac Station Section 6H have 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 developers have 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 $51,432.40 from the Reliance Insurance Company was provided by the developers to guarantee the installation of public improvements in Potomac Station Section 6H; and WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to November 25, 2001 for completion of the public improvements for Potomac Station Section 6H. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the Reliance Insurance Company in the amount $51,432.40 is approved to guarantee the installation of public improvements in Potomac Station Section 6H. A RESOLUTION: -2- AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR POTOMAC STATION SECTION 6H SECTION II. A time extension to November 25, 2001 for completion of the public improvements in Potomac Station Section 6H is approved. PASSED this 31st day of October 2000. ATTEST: f Council Town of Leesburg R:PotStation6H