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HomeMy Public PortalAbout2004_08_10_r130The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 2004-130 PRESENTED August 10, 2004 ADOPTED Augu~ 10, 200,4 AUI~O~G TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR RIVER CREEK PHASE Iff, SECTION 4; PHASE V, SECTIONS 2, 3, & 4; PHASE VII, SECTIONS 2, 3, & 4B; POTOMAC SANITARY SEWER PUMP STATION; GOLF COURSE FACILITIES EXTENSION OF WATERMAIN; AND GOLF COURSE SANITARY SEWER CROSSING FAIRWAYS 11 & 12 WHEREAS, River Creek LLC, the developer of River Creek Phase Iff, Section 4; Phase V, Sections 2, 3, & 4; Phase VII, Sections 2, 3, & 4B; Potomac Sanitary Sewer Pump Station; Golf Course Facilities Extension of Watermain; and Goff Course Sanitary Sewer Crossing Fairways 11 & 12, 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, these sections of River Creek Subdivision are located in Loudoun County and the town's bonded improvements are water and sanitary sewer only; and WHEREAS, corporate sure~y bonds from the Fidelity and Deposit Company of Maryland in the amount of $5,437.90 for Phase III, Section 4; in the amount of $7,583.18 for Phase V, Section 2; in the amount of $3,$85.67 for Phase V, Section 3; in the amount of $26,599.65 for Phase V, Section 4; in the amount of $12,510.00 for Phase VII, Section 2; in the amount of $16,801.51 for Phase VII,, Section 3; in the amount of $3,607.00 for Phase VII, Section 4B; in the amount of $ 233,842.00 for the Potomac Sanitary Sewer Pump Station; in the amount of $6,800.20 for the Golf Course Facilities Extension of Watermain; and in the amount of $92,400.00 for the Golf Course Sanitary Sewer A RESOLUTION: -2- AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR VARIOUS SECTIONS OF RIVER CREEK SUBDMSION Crossing Fairways 11 & 12 were 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 Suly 31, 2005 for the s~ztions of the River Cr~k Subdivision listed above. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virgi~'nia as follows: SECTION I. The corporate surety bonds from the Fidelity and Deposit Company of Maryland in the amount of $5,437.90 for Phase III, Section 4; in the amount of $7,553.18 for Phase V, Section 2; in the amount of $3,585.67 for Phase V, Section 3; in the amount of $26,599.65 for Phase V, Section 4; in the amount of $12,510.00 for Phase VI/, Section 2; in the amount of $16,801.51 for Phase VII, Section 3; in the amount of $3,607.00 for Phase VII, Section 4B; in the amount of $ 233,842.00 for the Potomac Sanitary Sewer Pump Station; in the amount of $6,800.20 for the Golf Course Facilities Extension of Watermain; and in the amount of $92,400.00 for the Golf Course Sanitary Sewer Crossing Fairways 11 & 12 are approved to guarantee the installation of public improvements in these sections of the River Creek Subdivision. SECTION II. A time extension to July 31, 2005 for the sections of the River Creek Subdivision listed above for completion of the public improvements are approved. PASSED this 10' day of Au~st 2004. R04:Rive~Extemiom ~. Un~R~ Mayor ..... Town of Leesburg