HomeMy Public PortalAbout2004_02_24_r023The Town of
Leesburg,
Virginia
PRESENTED February_ 24, 2004
RESOLUTION NO. 2 0 0 4 - 2 3 ADOPTED February_ 24, 2004
A RESOLUTION: AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR
RIVER CREEK PHASE I, SECTION IA, PHASES II & III, SECTION 1; PHASE I,
SECTION 2 (LANDBAY B); PHASE I, SECTIONS 3&4 (LANDBAY A); PHASE
II, SECTION 2 (LANDBAY C); PHASE Il, SECTION 2A (LANDBAY C); PHASE
II, SECTION 2B (LANDBAY C); PHASE II, SECTION 2C (LANDBAY C);
PHASE II, SECTION 3/3A (LANDBAY D); PHASE III, SECTION 2 (LANDBAY
H); PHASE 1~ SECTION 3 ( LANDBAY G); PHASE III, SECTION 5 (LANDBAY
I); PHASE III, SECTION 6 (LANDBAY R); PHASE IV, SECTION 1 (LANDBAY
E); PHASE IV, SECTION lB (LANDBAY E); PHASE V, SECTION 1 (SHOAL
CREEK DRIVE); PHASE vm, SECTION 2A (LANDBAY J); PHASE VIII,
SECTION 2B (LANDBAY J); RIVER CREEK GOLF COURSE FACILITY; AND
RIVER CREEK PARKWAY SOUTH
WHEREAS, River Creek LLC, the developer of River Creek Phase I, Section lA, Phases H & HI,
Section 1; Phase I, Section 2 (Landhay B); Phase I, Sections 3&4 (Landbay A); Phase II, Section 2 (Landhay
C); Phase II, Section 2A (Landbay C); Phase 1I, Section 2B (Landbay C); Phase H, Section 2C (Landbay C);
Phase II, Section 3/3A (Landhay D); Phase III, Section 2 (Landbay Iq); Phase IH Section 3 ( Landbay G); Phase
HI, Section 5 (Landbay I); Phase m, 6 (Landbay R); Phase IV, Section 1 (Landbay E); Phase IV,
Section lB (Landhay E); Phase V, Section 1 (Shoal Creek Drive); Phase VIII, Section 2A (Landbay J); Phase
VIII, Section 2B (Landbay I); River Creek Golf Course Facility; and River Creek Parkway South has not
completed all the r~quired 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, these sections of River Creek Subdivision with the exception of River Creek Parkway
South are located in Loudoun County and the town's bonded improvements are water and sanitary sewer only;
and
A RESOLUTION:
-2-
AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES
FOR VARIOUS SECTIONS OF RIVER CREEK SUBDIVISION
WHEREAS, corporate surety bonds from the Fidelity and Deposit Company of Maryland in the amount
of $28,294.10 for Phase I, Section lA Phase II & III, Section 1; in the amount of $12,031.25 for Phase I,
Section 2 (Landbay B); in the amount of $31,079.00 for Phas~ I, Sections 3&4 (Landbay A); in the amount of
$7,597.30 for Phase II, Section 2 (Landbay C); in the amount of $9,096.70 for Phase II, Section 2A (Landbay
C); in the amount of $4,970.70 for Phase II, Section 2B (Landbay C); in the amount of $18,797.90 for Phas~ II,
Section 2C (Landbay C); in the amount of $42,514.67 for Phase II, S~-tion 3/3A (Landbay D); in the amount of
$5,671.00 for Phase BI, Section 2 (Landbay H); in the amount of 15,449.90 for Phas~ BI, Section 3; in the
amount of $21,394.67 for Phase III, Section 5 (Landbay I); in the amount of $19,707.90 for Phase III, Section 6
(Landbay R); in the amount of $22,000.00 for Phase IV, Section 1 (Landbay E); in the amount of $19,304.80
for Phase IV, Section lB (Landbay E); in the amount of $21,473.30 for Phase V, Section 1 (Shoal Creek
Drive); in the amount of $208,318.00 for Phase VIII, Section 2A; in the amount of $141,403.00 for Phase VIII,
Section 2B (Landbay J); in the amount of $4 1,889.10 for River Crook Golf Course Facility; and in the amount
of $101,712.70 for River Crook Parkway South w~r¢ provided by the developer to guarantee the installation of
public improvements; and
WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to
August 7, 2004 for River Crook Parkway South and January 30, 2005 for the other listed sections of River
Creek; and
THEREFORE, RESOLVED by the Council of the Town of Loosburg in Virginia as follows:
SECTION I. The corporate surety bonds from the Fidelity and Deposit Company of Maryland in the
amount of $28,294.10 for Phase I, Section lA Phase II & III, Section 1; in the amount of $12,031.25 for Phase
I, Section 2 (Landbay B); in the amount of $31,079.00 for Phase I, Sections 3&4 (Landbay A); in the amount of
$7,597.30 for Phase II, Section 2 (Landbay C); in the amount of $9,096.70 for Phase II, Section 2A (Landbay
A RESOLUTION:
-3-
AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES
FOR VARIOUS SECTIONS OF RIVER CREEK SUBDIVISION
C); in the amount of $4,970.70 for Phase II, Section 2B (Landbay C); in the amount of $18,797.90 for Phase II,
Section 2C (Landbay C); in the amount of $42,514.67 for Phase II, Section 3/3A (Landbay D); in the amount of
$5,671.00 for Phase III, Section 2 (Landbay H); in the amount of 15,449.90 for Phase m, Section 3; in the
amount of $21,394.67 for Phase m, Section 5 (Landbay I); in the amount of $19,707.90 for Phase m, Section 6
(Landbay R); in the amount of $22,000.00 for Phase IV, Section I (Landbay E); in the amount of $19,304.80
for Phase IV, Section lB (Landbay E); in the amount of $21,473.30 for Phase V, Section 1 (Shoal Creek
Drive); in the amount of $208,318.00 for Phase VIIL Section 2A; in the amount of $141,403.00 for Phase VIII,
Section 2B (Landbay J); in the amount of $41,889.10 for River Creek Golf Course Facility; and in the amount
of $101,712.70 for River Creek Parkway South are approved to guarantee the installation of public
improvements in these sections of the River Creek Subdivision.
SECTION II. A time extenSion to August 7, 2004 for River Creek Parkway South and January 30,
2005 for the other listed sectionS of the River Creek Subdivision for completion of the public improvements are
approved.
PASSED this 24th day of February 2004.
ATTEST:
COuncil
R04:RiverCreekExts
Mayor
Town of Leesburg