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HomeMy Public PortalAbout2016_09_13_R016 Perf Guar for Loudoun County Courthouse Expansion Ph III r ' The Town of Leesburg, Virginia PRESENTED: September 13, 2016 RESOLUTION NO. 2016-016 ADOPTED: September 13, 2016 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A SEWER EXTENSION PERMIT AND WAIVING A PERFORMANCE GUARANTEE FOR. THE LOUDOUN COUNTY COURTHOUSE EXPANSION PHASE III, PENNINGTON LOT CHURCH STREET EXTENDED AND GARAGE. (TLPF-2016-0004) WHEREAS, the Director of Plan Review has conditionally approved the construction drawings and final development plans for the Loudoun County Courthouse Expansion Phase III by Loudoun County; and WHEREAS, it is in the public's interest to waive the costs associated with a performance guarantee for the necessary public improvements; and WHEREAS, the Director of Public Works and Capital Projects recommends approval of a contract for installation of public improvements and waiving the performance guarantee for the Loudoun County Courthouse Expansion Phase III. THEREFORE RESOLVED, by the Council of the Town of Leesburg in Virginia that: SECTION I. The Town Manager shall execute the contract for public improvements in a form approved by the Town Attorney with the Loudoun County Government for the improvements show on the plans approved by the Director of Plan Review for the Loudoun County Courthouse Expansion Phase III. SECTION II. The extension of municipal sewer for the Loudoun County Courthouse Expansion Phase III is approved in accordance with Section 34-123 of the Town Code. SECTION III. The performance guarantee in the amount of$932,000 is waived, conditioned on the requirement that occupancy of the facility shall not be permitted until the public improvements are completed to the satisfaction of the Town,or a subsequent performance guarantee - 2 - A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A SEWER EXTENSION PERMIT AND WAIVING A PERFORMANCE GUARANTEE FOR THE LOUDOUN COUNTY COURTHOUSE EXPANSION PHASE III, PENNINGTON LOT CHURCH STREET EXTENDED AND GARAGE. (TLPF-2016-0004) is furnished in an amount approved by the Director of Public Works and Capital Projects for outstanding punchlist items. PASSED this 13th day of September,2016. David S. Butler, Mayor Town of Leesburg AT iS. : 1 . Cler o ou it P:\Resolutions\20I6\0913 Loudoun County Courthouse Expansion-Approve the contract and waive the perf bond.docx