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HomeMy Public PortalAbout2005_11_08_r183The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED November 8, 2005 2005-183 ADOPTED November 8, 2005 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE FOR THE DULLES GREENWAY - BATTLEFIELD PARKWAY INTERCHANGE GRADING PLAN PASSED this 8th day of November 2005. ~Q'~n~stattd, Mayor -- -' C Town of Leesburg R05 :DullesGmwyBPkwyIntNewBond WHEREAS, Shirley Contracting Company, LLC, the developer of the Dulles Greenway - Battlefield Parkway Interchange Grading Plan, has requested approval of a corporate surety bond from the Travelers Casualty and Surety Company of America in the amount of $354,966.00 to guarantee the public improvements; and WHEREAS, the Director of Engineering and Public Works recommends approval of a contract for installation of public improvements and acceptance of a performance guarantee for the Dulles Greenway - Battlefield Parkway Interchange Grading Plan. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The Town Manager shall execute the contract for public improvements for the improvements shown on the plans approved by the Director of Engineering and Public Works for the Dulles Greenway - Battlefield Parkway Interchange Grading Plan. SECTION II. The corporate surety bond in a form approved by the Town Attorney from the Travelers Casualty and Surety Company of America in the amount of $354,966.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for the Dulles Greenway - Battlefield Parkway Interchange Grading Plan.