HomeMy Public PortalAbout2005_07_26_r117 - Extension of Water and Sewer Permits Stratford Landbay C and DThe Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED: July 26, 2005
2005-117 ADOPTED: July 26, 2005
AUTHORIZING TIME EXTENSIONS FOR COMPLETION OF PUBLIC
IMPROVEMENTS AND APPROVING PERFORMANCE GUARANTEES FOR
STRATFORD LANDBAY C AND LANDBAY D
ATTEST:
[c-o~fCouncil ~
R05:Stralford CD TExt
WHEREAS, The Ryland Group, Inc., the developer of Stratford Landbay C and Landbay D 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 time extensions to complete the public improvements; and
WHEREAS, corporate surety bonds from the Travelers Casualty and Surety Company of America in the
amount of $845,471.00 for Landbay C; and in the amount of $165,599.00 for Landbay D 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
December 3, 2005 for Landbay C; and to November 24, 2005 for Landbay D.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The corporate surety bonds from the Travelers Casualty and Surety Company of
America in the amounts listed above are approved to guarantee the installation of public improvements in
Stratford Landbay C and Landbay D.
SECTION II. Time extensions to December 3, 2005 for Landbay C, and to November 24, 2005 for
Landbay D for completion of the public improvements are approved.
PASSED this 26~ day of July 2005.
"~i~i~n C. U~attd, M~tyo~ (
Town of Leesburg