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HomeMy Public PortalAbout2001_04_10_r047The Town of l eesburg, lrglnla RESOLUTION NO. A RESOLUTION: 2001-47 AUTHORIZING PERFORMANCE AN AGREEMENT GUARANTEE PRESENTED April 10, 2001 ADOPTED April 10, 2001 AND APPROVING A AND WATER AND SEWER EXTENSION PERMITS FOR RIVER CREEK PHASE VII, SECTION 4 (LANDBAY P) AND RIVER CREEK POTOMAC SANITARY SEWER PUMP STATION WHEREAS, River Creek L.L.C., the developer of River Creek Phase VII, Section 4 (Landbay P) and River Creek Potomac Sanitary Sewer Pump Station has requested the approval of a corporate surety bond from the Fidelity and Deposit Company of Maryland in the amount of $222,494.80 for River Creek Phase VII, Section 4 (Landbay P) and $233,842.00 for River Creek Potomac Sanitary Sewer Pump Station to guarantee the public improvements; 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 River Creek Phase VII, Section 4 (Landbay P) and River Creek Potomac Sanitary Sewer Pump Station. 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 River Creek Phase VII, Section 4 (Landbay P) and River Creek Potomac Sanitary Sewer Pump Station. SECTION II. The extension of municipal water and sewer for River Creek Phase VII, Section 4 (Landbay P) and River Creek Potomac Sanitary Sewer Pump Station is approved in accordance with Section 15-9 and 19-18 of the Town Code. A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR RIVER CREEK PHASE VII, SECTION 4 (LANDBAY P) AND RIVER CREEK POTOMAC SANITARY SEWER PUMP STATION SECTION m. The corporate surety bonds in a form approved by the town attorney from the Fidelity and Deposit Company of Maryland the amount of $222,494.80 and $233,842.00 are approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for River Creek Phase VII, Section 4 (Landbay P) and River Creek Potomac Sanitary Sewer Pump Station. PASSED this l0th day of April 2001. ATTEST: rk of Council B.J. Webb, Mayor Town of Leesburg R:RvrCrkVlI4PumpSta