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HomeMy Public PortalAbout2001_02_13_r015The Town of ! eesburg, lrglnla PRESENTED February 13, 2001 2001-15 RESOLUTION NO. ADOPTED February 13, 2001 A RESOLUTION: AUTHORIZING AN AGREEMENT AND WAIVING A PERFORMANCE GUARANTEE FOR THE LOUDOUN COUNTY CENTRAL WAREHOUSE PROJECT WHEREAS, the Director of Engineering and Public Works and the Planning Commission have conditionally approved construction drawings and final development plans for the Loudoun County Central Warehouse Project, to be constructed by the County of Loudoun; and WHEREAS, it is in the public interest to waive the costs associated with a performance guarantee for the necessary public improvements; and WHEREAS, the Director of Engineering and Public Works recommends approval of a contract for installation of public improvements and waiving the performance guarantee for the Loudoun County Central Warehouse Project. THEREFORE, RESOVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The town manager shall execute the contract for public improvements in a form approved by the town attorney with the County of Loudoun for the improvements shown on the plans approved by the Director of Engineering and Public Works for the Loudoun County Central Warehouse. SECTION II. The performance guarantee for the public improvements in the amount of $10,883.40 is waived, conditioned on the requirement that occupancy of the facility shall not be permitted until the public improvements are completed to the satisfaction of the town, or a subsequent performance guarantee is furnished in an amount approved by the Director of Engineering and Public Works for outstanding punchlist items. PASSED this 13th day of February 2001. 4EST: e}k of ~ouncil B.J. Webl0, Mayor Town of Leesburg R:LoCountyCentralWarehouse