Loading...
HomeMy Public PortalAbout2004_06_22_r098The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 2004-98 PRESENTED June 22, 2004 ADOPTED June 22, 2004 ALrrHORIZING A TIME EXTENSION FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR EDWARDS LANDING WOODS EDGE DRIVE Mayor Town of Leesburg R04:Edwards Landing WoodsFxlgeDr TExt /]/Z~ST: ¢~ ~f ~.oun¢il Edwards Landing Woods Edge Drive is approved. PASSED this 22"a day of June 2004. WHEREAS, Edwards Landing, LLC, the developer of Edwards Landing Woods Edge Drive 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 WHEREAS, the developer has requested a time extension to complete the public improvements; and WHFREAS, a corporate surety bond from the St. Paul Fire and Marine Insurance Company in the amount of $179,955.15 was 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 July 2, 2005. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The corporate surety bond from the St. Paul Fire and Marine Insurance Company in the amount of $179,955.15 is approved to guarant~ the installation of public improvements in Edwards Landing Woods Edge Drive. SECTION H. The time extension to July 2, 2005 for completion of the public improvements in