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HomeMy Public PortalAbout2000_10_31_r210The Town of Leesburg, rg nta RESOLUTION NO. A RESOLUTION: PRESENTED October 31, 2000 2000-210 ADOPTED October 31, 2000 AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR POTOMAC STATION SECTIONS 2EF, 3AB, and 6A WHEREAS, Goose Creek Communities, L.L.C., the developer of Potomac Station Sections 2EF, 3AB, and 6A 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, corporate surety bonds in the amount of $9,516.79 for Section 2EF, $21,860.19 for Section 3AB and $12,377.09 for Section 2GH from the Frontier Insurance Company were provided by the developer to guarantee the installation of public improvements; and WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to November 12, 2001 for Sections 2EF and 3AB and October 28, 2001 for Section 6A; and THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bonds from the Frontier Insurance Company in the amounts listed above are approved to guarantee the installation of public improvements in Potomac "-~ Station Sections 2EF, 3AB, and 6A. A RESOLUTION: -2- AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR POTOMAC STATION SECTIONS 2EF, 3AB, 6A SECTION II. The time extensions to November 12, 2001 for Potomac Station Sections 2EF & 3AB and October 28, 2001 for Potomac Station Section 6A for completion of the public improvements are approved. PASSED this 31 st day of October 2000. ATTEST: (erk of Council R:PotSta2EF3AB6A B.J7 W~bb, Mayor Town of Leesburg