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HomeMy Public PortalAbout2009_09_09_R095 - Spring Arbor`~`~t.° .tr~ttit cif. 1 r ,~ _ ~}f ~ ~~~ x~ ~ F ~ ~.;1 PCtESLN`PED: Set~teriftier 4. 2D04 FZESC}LU"1'IGN NQ, 20Q9-t}95 AL?C)PTEI): Septcrnkier 9, 2t}_Q9 A RESC)l;U`I'1{)r1r' AUTIIC~RiLING AN AGREF~SENT ANt) APPRC}VING A PEIZFd3RMAlti~l GLIACtAi'v`I'EL ANla t'r`A fER ANi? SF,tiF`F~R F~`fTNSit}r~1 PERMITS f(?It SPRING ;~iR13C?R C7F :LGESI3lJRG W} IERBAS, HHHrrni Ccsrporatiai~, the developer of Spring Arbor of Lecsbnrg, has regeesfed al>pt~oval of an ierevocat~la Ictter ofei edit from N'aehavia T3ank in the arnourit of ~63fl,000 to guarantecthe pcrla]ie rtiptoven~ents; aid ~G°HEItEAS, ttte t~ireetot`of Pttblic Ll'orks teoortuttenc4s apprai=al of a eantraet foe installation of public irnpraventeutsaud <~cceptanoe of a performanoe guarantee farfhe Spring Arbor of Lcesbut•g: f1IE12L:FORE, RESflLVEF by the ~atnrcr(af the "haxti=n of Leesbtrrg'iri V irgiriia as follosa~s: SE~TIOfil I. Toe To urn Managce shall execute the corrYraeT for,pub}ic bitproc=ernents for the improvements shotivn oil t3ie plans to be approved by the Diteetar of Pian itavieu= far Spring Arbaraf Leesliirg. SEC'TSC~N it. T1~e estet5sian of se~~~er and niutticipa( hater for Spi~iug ArbPt`flf Leesfarii~g is appt'trved iti acccrrdatt~~ tvitit Sections 3~-123 atld 35-25 of the Tor art Code. SIiG"1'IC~N llh An it rei~acabte letter of credit from Wacbovia C3arik to the an~otint of $b3~,t}QD is approved asse~ueity to guarantee installatiotroft}te}public irnpravemerits shQ~i=n a~~p(uns to be a}iliro~=ed h3= the L~irectai~ of Plan Revie}v f©r Elie Spring Ai6or of Leesburg. PASSED this 9"' tiav of Setaterniier, 20Q9. f~, ~~ ~` _ , ~fff f } t f rt t~]~, Clerk of Council '• t k it.. y4 ! '~ r ~.KtastestfG. Lmstnftd, Ma}'at Town of Leesbru'g P'd{gy~Iuhoris\Rcsufodians 2009VQ904.S~ridg Afiartla 9l1 Ul20GJ