HomeMy Public PortalAbout2002_07_09_r130 The Town of
I eesburg,
-, irginia
PRESENTED July 9, 2002
RESOLUTION NO. 2 0 0 2- 13 0 ADOPTED July 9, 2002
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR
POTOMAC STATION SECTION 10 PUBLIC IMPROVEMENTS
WHEREAS, Goose Creek Communities, L.L.C., the developer of Potomac Station Section 10
Public Improvements, has requested approval of a corporate surety bond from the Gulf Insurance
Company in the amount of $1,260,000.00 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 Potomac Station
Section 10 Public Improvements.
THEREFORE, 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
Potomac Station Section 10 Public Improvements.
SECTION II. The extension of municipal water and sewer for Potomac Station Section 10
Public Improvements is approved in accordance with Section 15-9 and 19-18 of the Town Code.
SECTION III. The corporate surety bond in a form approved by the town attorney from the
Gulf Insurance Company in the amount of $1,260,000.00 is approved as security to guarantee installation
of the public improvements shown on plans approved by the Director of Engineering and Public Works
for Potomac Station Section 10 Public Improvements.
PASSED this 9t~ day of July 2002.
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h~'o~ ~c~dncil -
Town of Leesburg
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