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HomeMy Public PortalAbout2002_11_13_r177 Perf Guar Beeler PropertyThe Town of l eesburg, trglnla PRESENTED November 13, 2002 RESOLUTION NO. 2002-177 ADOPTED November 13, 2002 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND A WATER EXTENSION PERMIT FOR THE BEELER PROPERTY WHEREAS, Mark E. Beeler, the developer of the Beeler Property has requested the approval of a corporate surety bond from the Western Surety Company in the amount of $17,995.00 to guarantee the public improvements in the Beeler Property; 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 the Beeler Property. 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 the Beeler Property. SECTION II. The extension of municipal water for the Beeler Property is approved in accordance with Section 19-18 of the Town Code. SECTION III. The corporate surety bond in a form approved by the town attorney from the Western Surety Company in the amount Of $17,995.00 is approved as security, to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and .Public Works for the Beeler Property. PASSED this 13th day of November 2002. (~rk of Council Kn~~ms~attd, May~ ~ Town of Leesburg R:BeelerPropNewBond