HomeMy Public PortalAbout2000_11_14_r232The Town of
Leesburg,
rg ma
RESOLUTION NO.
A RESOLUTION:
2000-232
AUTHORIZING A TIME
PRESENTED November 28, 2000
ADOPTED November 28, 2000
EXTENSION FOR COMPLETION OF PUBLIC
IMPROVEMENTs AND APPROVING A PERFORMANCE GUARANTEE
FOR WOODLEA MANOR PHASE 6
WHEREAS, Winchester Homes, the developer of Woodlea Manor Phase 6, 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
WHEREAS, the developer has requested a time extension to complete the public improvements;
and
WHEREAS, a corporate surety bond in the amount of $999,326.08 from the Safeco Insurance
Company was provided by the developer to guarantee the installation of public improvements in
Woodlea Manor Phase 6.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The corporate surety bond from the Safeco Insurance Company in the amount of
$999,326.08 is approved to guarantee the installation of public improvements in Woodlea Manor Phase
6.
SECTIONII. A time extension to September 11, 2001 for completion of the public
improvements is approved.
PASSED this 28th day of November 2000.
ATTEST:
k of Co-u~ncil
B.J. WeX~btyor~-f~
Town of Leesburg
R:WoodleaPhs6