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HomeMy Public PortalAbout2006_11_14_r188 The Town of Leesburg, Virginia PRESENTED: November 14.2006 RESOLUTION NO. 2006-188 ADOPTED: November 14.2006 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR THE FORT EVANS ROAD IMPROVEMENTS AT FORT EVANS PLAZA II WHEREAS, UNIWEST Group, LLC, the developer of the Fort Evans Road Improvements at Fort Evans Plaza II, have requested approval of a corporate surety bond from the Hartford Fire Insurance Company in the amount of $3,249,000 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 the Fort Evans Road Improvements at Fort Evans Plaza II. 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 Fort Evans Road Improvements at Fort Evans Plaza II. SECTION II. The extension of municipal water and sewer for the Fort Evans Road Improvements at Fort Evans Plaza II is approved in accordance with Sections 15-9 and 19-18 of the Town Code. -2- A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR THE FORT EVANS ROAD IMPROVEMENTS AT FORT EVANS PLAZA II SECTION III. The corporate surety bond in a form approved by the Town Attorney from the Hartford Fire Insurance Company in the amount of $3,249,000 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for the Fort Evans Road Improvements at Fort Evans Plaza II. PASSED this 14th day of November 2006. ~~ . . mstattd, Mayor Town of Leesburg ATTEST: ~b. r;p,OJ1Pf!j erk of Council R06:Ft.EvansPlzII NewBond