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HomeMy Public PortalAbout2004_05_25_r079The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 2004-79 PRESENTED May 25, 2004 ADOPTED May 25, 2004 AUTHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR LANSDOWNE ON THE POTOMAC SECTIONS 42 &43 WHEREAS, the developer has requested a time extension to complete the public improvements; and WHEREAS, a corporate surety bond from the American Motorists Insurance Company in the amount of $44,107.00 was provided by the developer to guarantee the insto__llotion of public improvements; WHEREAS, the town's Director of Engineering and Public Works recommends a time extension to May 30, 2005. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the American Motorists Insurance Company in the amount of $44,107.00 is approved to guarantee the installation of public improv~aents in Lansdown¢ on the Potomac Sections 42 & 43. SECTION H. approved. PASSED this 25~ day of May 2005. erk of Council A time extension to May 30, 2005 for completion of the public improvements is Town of Leesburg R04:Lamdowne4243TimeExt and and WHEREAS, West Goose Creek, LLC, the developer of Lansdowne on the Potomac Sections 42 & 43 has not completed all the required public improvements in accor~ce with the approved construction drawings and town standards within the two-year period agreed to in the contract for public improvements;