HomeMy Public PortalAbout2001_10_10_r167The Town of
Leesburg,
lrglnla
PRESENTED October 10, 2001
RESOLUTION NO. 2001-167 ADOPTED October 10, 2001
ARESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF
PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE
GUARANTEE FOR POTOMAC STATION SECTION IA
WHEREAS, WL Homes, LLC, the developer of Potomac Station Section 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, the subdivision is in Loudoun County and the town's bonded improvements
are water and sanitary sewer only; and
WHEREAS, a cOrporate surety bond from the Seaboard Surety Company in the amount
of $48,440.46 was provided by the developer to guarantee the installation of public
improvements in Potomac Station Section iA; and
WHEREAS, the town's Director of Engineering and Public Works recommends a time
extension to April 4, 2002 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 iA.
A RESOLUTION:
-2-
AUTHORIZING A TIME EXTENSION FOR COMPLETION OF
PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE
GUARANTEE FOR POTOMAC STATION SECTION lA
SECTION II. A time extension to April 4, 2002 for completion of the public
improvements in Potomac Station Section lA is approved.
PASSED this l0th day of October 2001.
ATTEST:
erk of Council
Mayor
Town of Leesburg
:PotStal ATimeExt