Loading...
HomeMy Public PortalAbout2003_04_22_r063The Town of l eesburg, trgtma RESOLUTION NO. A RESOLUTION: 2003-63 AUTHORIZING AN AGREEMENT GUARANTEE AND WATER AND BATTLEFIELD MARKETPLACE PRESENTED April 22, 2003 ADOPTED April 22, 2003 AND APPROVING A PERFORMANCE SEWER EXTENSION PERMITS FOR WHEREAS, the developer of Battlefield Marketplace has requested approval of a corporate surety bond from Fidelity and Deposit Company of Maryland in the amount of $1,023,602.00 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 Battlefield Marketplace. 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 Battlefield Marketplace. SECTION II. The extension of municipal water and sewer for Battlefield Marketplace is approved in accordance with Section 15-9 and 19-18 of the Town Code. SECTION m. The corporate surety bond in a form approved by the town attorney from Fidelity and Deposit Company of 'Maryland in the amount of $1,023,602.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Battlefield Marketplace. PASSED this 22"a day °f April 2003' f~_~ ff~, ~ ~. Umst~Yd, Mayo; Town of Leesburg ATTEST: ,,~rk df Council R03:Battlefield Marketplace