HomeMy Public PortalAbout2000_11_14_r222The Town of
Leesburg,
rglnla
PRESENTED November 14, 2000
RESOLUTION NO. 2000-222 ADOPTED November 14, 2000
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR
POTOMAC STATION SECTION 8G
WHEREAS, The Drees Company and Goose Creek Communities, LLC, the developers of
Potomac Station Section 8G have requested the approval of a corporate surety bond from the American
Motorists Insurance Company in the amount of $536,669.00 to guarantee the public improvements in
Potomac Station Section 8G; 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 Potomac Station
Section 8G.
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
Potomac Station Section 8G.
SECTION II. The extension of municipal water and sewer for Potomac Station Section 8G is
approved in accordance with Section 15-9 and 19-18 of the Town Code.
SECTION III. The corporate surety bond in a form approved by the town attorney from the
American Motorists Insurance Company in the amount of $536,669.00 is approved as security to
guarantee installation of the public improvements shown on plans approved by the Director of
Engineering and Public Works for Potomac Station Section 8G.
PASSED this 14th day of November 2000.
(~rk of Council
Town of Leesburg
R:PotomacStation8G