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HomeMy Public PortalAbout2002_04_09_r044The Town of Leesburg, rg ma PRESENTED April 9, 2002 RESOLUTION NO. 2 0 0 2 -/4 ~ ADOPTED April 9, 2002 ARESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR TAVISTOCK FARMS SECTIONS 9, 10, 11&12, 13,19,20&21, 14 AND 18 WHEREAS, Arcadia Building Company, the developer of Tavistock Farms Sections 9, 10, 1 l&12, 13,19,20&21, 14 and 18, 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, corporate surety bonds in the following amounts have been provided by the developer to guarantee the installation of public improvements in Tavistock Farms Sections 9, 10, 1 l&12, 13,19,20&21, 14 and 18: Section 9 - $ 38,580.00 Section 10- $ 72,540,30 Section 1 l&12 - $144,964.00 Section 13,19,20&21 - $205,041.00 Section 14- $ 99,806.00 Section 18- $282,414.00 ; and' WHEREAS, the town' s Director of Engineering and Public Works recommends a time extension to April 23, 2003 for Sections 9, 14 and 18; and October 23, 2002 for Sections 10, ll&12, and Section 13,19,20&21 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 bonds in the amounts listed above are approved to guarantee the installation of public improvements in Tavistock Farms Sections 9, 10, 1 l&12, 13,19,20&21, 14 and 18. A RESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR TAVISTOCK FARMS SECTIONS 9, 10, ll&12, 13,19,20&21, 14 AND 18 SECTION II. A time extension to April 23, 2003 for Sections 9, 14 and 18; and October 23, 2002 for Sections 10, l l&12, and Section 13,19,20&21 for completion of the public improvements is approved. PASSED this 9th day of April 2002. ATTEST: clerk of Cot~n~il d B.J. Web~, Mayor Town of/Leesburg R:TavistockTimeExts