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HomeMy Public PortalAbout1981_10_14_R138RESOLUTION NO. A RESOLUTION: TOWN OF LEESBURG IN LOUDOUN COUNTY, VIRGINIA PRESENTED October 14, 1981 81-138 ADOPTED October 14~ 1981 RESCINDING RESOLUTION NO. 80-121 AND AUTHORIZING REFUND OF A CASH PERFORMANCE BOND FOR LOTS 8 & 9 PARKER SUBDIVISION WHEREAS, the developer of Lots 8 & 9, Parker Subdivision on South Street in Leesburg has postponed development in that location until some future date, and; WHEREAS, a written request has been received for refund of the cash escrow in the amount of $5,723 which was provided to the town for a guarantee of instal- lation of public improvements, and; WHEREAS, on November 26, 1980 in Resolution No. 80-121 the Council authorized an agreement and approved a cash performance bond for the installation of public improvements for Parker Subdivision, Lots 8 & 9. THEREFORE RESOLVED by the Council of the Town of Leesburg, in Virginia, as follows: SECTION I. SECTION II. Resolution No. 80-121 is hereby rescinded. The town manager is authorized and directed to refund the cash escrow in the amount of $5,723 plus accrued interest to the developer. PASSED this 14th day of October , 1981. ATTEST: Clerk Of i Co~cil G. Dewey H~,~jr~yor Pro-Tem Town Of Leesburg