HomeMy Public PortalAbout2006_11_14_r187
The Town of
Leesburg,
Virginia
PRESENTED: November 14. 2006
RESOLUTION NO.
2006-187
ADOPTED: November 14. 2006
A RESOLUTION:
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR
FORT EVANS PLAZA II
WHEREAS, UNIWEST Group, LLC, the developer of Fort Evans Plaza II, have requested
approval of a corporate surety bond from the Hartford Fire Insurance Company in the amount of
$4,992,000 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 Fort Evans Plaza
II.
THEREFORE, RESOLVED by the Council of the Town of Lees burg 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 Fort
Evans Plaza II.
SECTION II. The extension of municipal water and sewer for Fort Evans Plaza II is approved
in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION III. The corporate surety bond in a form approved by the Town Attorney from the
Hartford Fire Insurance Company in the amount of $4,992,000 is approved as security to guarantee
installation of the public improvements shown on plans approved by the Director of Engineering and
Public Works for Fort Evans Plaza II.
PASSED this 14th day of November 2006.
~~Q~
Kns C. Ums attd, Mayor
Town of Leesburg
ATTEST:
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erk of Council ,
R06:Ft.EvansPlzII NewBond