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HomeMy Public PortalAbout1983_06_22_R084The Town of Leesburg in Virginia PRESENTED June 22, 1983 RESOLUTION NO. 83-84 ADOPTED June 22, 1983 A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER AND SEWER EXTENSION FOR CEDAR WALK SUBDIVISION RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager is authorized to execute an agreement for installa- tion of public improvements (Form PC-2) for Cedar Walk Subdivision. SECTION II. The extension of municipal water and sewer works for Cedar Walk Subdivision is approved in accordance with Sectiovsl5-9 and 19-18 of the Town Code. SECTION III. The Round Hill National Bank irrevocable letter of credit in the amount of $412,235 and Fidelity and Deposit Company of Maryland surety bond in the amount of $99,354, both to guarantee installation of public improvements in Cedar Walk Subdivision, are approved conditioned upon: be PASSED this ATTEST: Approval of construction drawings by the Director of Engineering; and Approval of the form of contract for public improvements, water and sewer extension permits, irrevocable letter of credit and surety bond by the Town Attorney. 22nd day of June , 1983. / /'~-J ~..~ ~ ,/d Clerk of Co~cil Charles A. Bos, Mayor Pro-Tem Town of Leesburg