HomeMy Public PortalAbout2003_04_22_r061The Town of
Leesburg,
lrglnla
PRESENTED April 22, 2003
RESOLUTION NO. 2003-61 ADOPTED April 22, 2003
A RESOLUTION: 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 iA, 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 lA; and
WHEREAS,' the town's Director of Engineering and Public Works recommends a time
extension to October 4, 2003 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 October 4, 2003 for completion of the public
improvements in Potomac Station Section IA is approved.
PASSED this 22nd day of April 2003.
ATTEST:
._C..~ of C0uncil
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Town of Leesburg
R03:PotSta 1ATimeExt