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HomeMy Public PortalAbout2016_06_28_R084 Authorizing an Agreement and Approving a Performance Guarantee and a Sewer Extension Permit for Leesburg South Offsite Sanitary Sewer The Town of Leesburg, Virginia PRESENTED: June 28, 2016 RESOLUTION NO. 2016-084 ADOPTED: June 28. 2016 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND A SEWER EXTENSION PERMIT FOR LEESBURG SOUTH OFFSITE SANITARY SEWER(TLPF-2014-0010). WHEREAS,Arcadia Communities, L.L.C., the developer of Leesburg South Offsite Sanitary Sewer has requested approval of a Corporate Surety Bond from Nationwide Mutual Insurance Company in the amount of$1,354,000 to guarantee the public improvements; and WHEREAS,the Director of Public Works and Capital Projects recommends approval of a contract for installation of public improvements and acceptance of a performance guarantee for Leesburg South Offsite Sanitary Sewer. 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 to be approved by the Director of Plan Review for Leesburg South Offsite Sanitary Sewer. SECTION Q. A Corporate Surety Bond from Nationwide Mutual Insurance Company in the amount of$1,354,000 is approved as security to guarantee installation of the public improvements shown on plans to be approved by the Director of Plan Review for of Leesburg South Offsite Sanitary Sewer. SECTION III. The extension of municipal sewer for Leesburg South Offsite Sanitary Sewer is approved in accordance with Section 34-123 of the Town Code. PASSED this 28th day of June, 2016. gc9Ma David S. Butler, Mayor Town of Leesburg A . rST: Clerk of Coun P:\Resolutions12016\06 : uar and Waterworks Ext Permit for Leesburg South SWM BMP.doc