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HomeMy Public PortalAbout2001_03_13_r030 The Town of J .eesburg, I . ,. --.- lrglnla PRESENTED March 13, 2001 RESOLUTION NO. 2001-30 ADOPTED March 13, 2001 A RESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR SYCAMORE HILL PHASE I, SECTIONS 1, 2, & 3; PHASE IT, SECTIONS 1 & 2; PHASE I STORMWATER MANAGEMENT POND; AND THE RECREATION CENTER WHEREAS, BRE/Sycamore L.L.c., the developer of Sycamore Hill Phase I, Sections 1, 2, & 3; Phase II, Sections 1 & 2; Phase I Stormwater Management Pond; and the Recreation Center, 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 extensions; and WHEREAS, the developer has requested a time extension to complete the public '"- improvements; and WHEREAS, cash bonds in the following amounts were provided by the developer to guarantee the installation of public improvements Phase I, Section 1 - Phase I, Section 2 - Phase I, Section 3 - Phase II, Section 1 - Phase II, Section 2 - Phase I SWMP - Recreation Center - $174,969.00 $ 33,058.00 $ 49,545.00 $ 55,749.00 $ 25,997.00 $ 8,086.30 $ 9,502.70 ; and WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to May 1, 2001 for completion of the public improvements in Sycamore Hill Phase I, Sections 1, 2, & 3; Phase II, Sections 1 & 2; Phase I Stormwater Management Pond; and the '-- Recreation Center. -2- A RESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE '- GUARANTEES FOR SYCAMORE HILL PHASE I, SECTIONS 1, 2, & 3; PHASE IT, SECTIONS 1 & 2; PHASE I STORMWATER MANAGEMENT POND; AND THE RECREATION CENTER THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The cash bonds in the amounts listed above are approved to guarantee the installation of public improvements in Sycamore Hill Phase I, Sections 1, 2, & 3; Phase II, Sections 1 & 2; Phase I Stormwater Management Pond; and the Recreation Center. SECTION II. A time extension to May 1, 2001 for completion of the public improvements in Sycamore Hill Phase I, Sections 1, 2, & 3; Phase II, Sections 1 & 2; Phase I Stormwater Management Pond; and the Recreation Center is approved. PASSED this 13th day of March 2001. ',- ~ a Jt/~ B.J. lVebb,Mayor Town of Leesburg ATTEST: ~dcdA{d;fd I rk of Council R:SycamoreHill '-..'