HomeMy Public PortalAbout2013_07_09_R082 Time Extension for Public Improvements PMW Farms Sec 4 TLCD 2010-0004 The Town of
Leesburg,
Virginia
PRESENTED: July 9, 2013
RESOLUTION NO. 2013-082 ADOPTED: July 9, 2013
A RESOLUTION: AUTHORIZING A TIME EXTENSION FOR COMPLETION OF THE PUBLIC
IMPROVEMENTS FOR PMW FARMS—SECTION 4 (TLCD-2010-0004)
WHEREAS, GTIS-HOV Festival Lakes, LLC, the developer of PMW Farms—Section 4 has not
completed all the required public improvements in accordance with the approved construction drawings
and Town standards within the two-year period agreed to in the contract for public improvements; and
WHEREAS,the developer has requested a time extension to complete the public improvements;
and
WHEREAS, a corporate surety bond from Lexon Insurance Company in the amount of
$1,230,000 for PMW Farms—Section 4 was provided by the developer to guarantee the installation of
public improvements; and
WHEREAS,the Town's Director of Public Works recommends a time extension to July 12,
2014 for PMW Farms—Section 4.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia that a time
extension to July 12, 2014 for PMW Farms— Section 4 is approved.
PASSED this 9th day of July, 2013.
Kirsten C. U stattd, Mayor
Town of Leesburg
ATT- T:
"l i , ,
Clerk of Coun
P:\Resolutions\2013\0709 PMW Farms SEC 4 Time Ext.doc