Loading...
HomeMy Public PortalAbout2009_10_14_R108 - Fort Evans Plazai'ttr° f r~az?~t t}} xr x~: yy flI n ~` * ~ ~`l :~ Vim, I:~ ~:~ RESC?LLJ"I'I~;~ NC}: 20t}9-I I?fi PRESL'I~TET~: [Jetober 14, 2019 ADC7P>I'Ell: (3c#oGee IJF, 2Q09 rl FtESC)I,U`1`I~:W: tliJ"1`I IOICIZING A'fItI~IE EXTIiFISI(?N I+C}It G()MPItE'PIf3N Q1~ 1"I IE PUF3LIC IhIPR~~'INiFNTS ANI) API'RC~4II~Ft; A PFRI~ORhIAN~E GUAItAF,I`I`EL; FCIR Ff3R"I' E'VAI~TS PLAZA Il; I+CJRT F,t~ANS Pi,r~7.,i1 11-f3ATTLEFIE;I„I~ PARK4G4rAY EXT: ANI3 FI)It`I' EVAItiS I~{}.~~ I;ti~il7lt(}VEML,1~"I'S AT FART E~7A1~!S PLAZA II WEIt1f18, tlt~ikvest C'sroup, LL(, Tire developer afPoi•t Isvans Plaza II; Foz2 Eiaiis Plaza II-Battleliaid Parklvag Ext.; and Foil F:va~is Road hnptoveniai~ts at Fort Ee'ans Plaza it has not coulpleted aIi the requh~ed public isnproueci~ents in aci<ordance with the apprc+ved coi~sttrtction'dracvings andTo~'n stanctai'cis withinthe two-yearperiod agreed to Iai the contract I~r Public impravemi;uts; anti W`I~ERF;A5, the devclo~ier has i egt~ested a tin7e etension to eoi~~Plete tiie pcil}Iii iltaliias~cnrents; and. tVHEREt1S, a setter ofcredit from GVacho~~ia I3auk sir the a?ii~unt ©f $4,99~,f3Qt} for Eort E~razts Plaza II, a eoi•}orate surety hand from the ~+estern ~x~rety CcstnPatSy in tlae atnoesrt cif $7,6fi6,00tI fc~r Fart I~vans Plaza Ii-13attlefieid Park~~~ay Est:; and a letter of credit fi•oin 1~raehovia Bank in the at~iount o€ ~3,2~I9,Il{IO for Font Evarts Roacl Iinjarovements'at Fort Vans Plaza II lwere pro~~ided by the deveiol7ei" to guarantee the installation of public iuproueinents; and GUfIEI21:AS;'the Towti'sDircctoi afPublic Worts ieconnnends a tinreextensioii to actober 11,2010 foi•Fart EuansPiaza II,;Fot~t C:vans PlazaIT-Battleficid Parkiv~y Ett;aitd Port Evans Itc~ad Iniproziements at Port Evans l'lara li. THZREFUI~, TtESOLVEf3 by the Council ofthe1'ownizfLeesbm"g i~iVieginiaas follows: PIU2espittiiuns3Rcsoluhons 20~J~Ct914 r¢ne extension farri Ev7~s Pinza,do-e 10115•2i}ll9 -2- A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF THE PUBLIC IMPROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR FORT EVANS PLAZA II; FORT EVANS PLAZA II-BATTLEFIELD PARKWAY EXT.; AND FORT EVANS ROAD IMPROVEMENTS AT FORT EVANS PLAZA II SECTION I. The letters of credit from Wachovia Bank and the corporate surety bond from the Western Surety Company are approved to guarantee the installation of public improvements in Fort Evans Plaza II; Fort Evans Plaza II-Battlefield Parkway Ext.; and Fort Evans Road Improvements at Fort Evans Plaza II. SECTION II. A time extension to October 14, 2010 for Fort Evans Plaza II; Fort Evans Plaza II-Battlefield Parkway Ext.; and Fort Evans Road Improvements at Fort Evans Plaza II is approved. PASSED this 14`x' day of October, 2009. ~~ 11 n C. U stattd, Mayor Town of Leesburg ATTEST: ;C~~ ~~~ Clerk of Co nci P:U2esolotionsViesolutions 2009\1014'rime Fstension for ft tivans Plaza.doc 10/IS/2009