HomeMy Public PortalAbout2001_05_22_r068The Town of
l .eesburg,
irginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED May 22, 2000
2001-68 ADOPTED May 22, 2000
AUTHORIZING A TIME EXTENSION FOR COMPLETION OF
PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE
GUARANTEE FOR POTOMAC STATION lA
WHEREAS, WL Homes, LLC, the developer of Potomac Station lA, 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, this subdivision is in Loudoun County and the town's bonded improvements
are water and sanitary sewer only; and
WHEREAS, a corporate surety bond in the amount of $48,440.46 from the Seaboard
Surety Company was provided by the developer to guarantee the installation of public
improvements in Potomac Station Section lA; and
WHEREAS, the town's Director of Engineering and Public Works recommends a time
extension to October 4, 2001 for completion of the public improvements.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I. The corporate surety bond from the Seaboard Surety Company in the
amount of $48,440.46 is approved to guarantee the installation of public improvements in
Potomac Station Section lA.
A RESOLUTION:
-2-
AUTHORIZING A TIME EXTENSION FOR POTOMAC STATION
SECTION lA
SECTION II. A time extension to
improvements is approved.
PASSED this 22na day of May 2001.
ATTEST:
lerk of Council
October 4, 2001 for completion of the public
Town of Leesburg
R:PotStal ATExt