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HomeMy Public PortalAbout2006_11_28_r201 The Town of Leesburg, Virginia RESOLUTION NO. PRESENTED: November 28. 2006 2006-201 ADOPTED: November 28. 2006 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE FOR THE DULLES GREENWAY - BATTLEFIELD PARKWAY INTERCHANGE WHEREAS, Shirley Contracting Company, LLC, the developers of the Dulles Greenway - Battlefield Parkway Interchange, have requested approval of a corporate surety bond from the Travelers Casualty and Surety Company of America in the amount of $2,263,000 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 Dulles Greenway - Battlefield Parkway Interchange. 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 the Dulles Greenway - Battlefield Parkway Interchange. 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 $2,263,000 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 Dulles Greenway - Battlefield Parkway Interchange. PASSED this 28th day of November 2006. ~~~--tD n C. U stattd, Mayor Town of Leesburg ATTEST: ~Mtd Okd lerk of Counctl R06:DulGmWyBPkwyInterchg NewBond