HomeMy Public PortalAbout1983_07_13_R102The Town of Leesburg in Virginia
RESOLUTION NO. 83-102
PRESENTED
ADOPTED
July 13~ 1983
July 13, 1983
A RESOLUTION: AMENDING RESOLUTION 83-84 WHICH APPROVED A PERFORMANCE GUARANTEE
FOR CEDAR WALK SUBDIVISION
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION III of Resolution 83-84 is amended to read as follows:
The Round Hill National Bank ~e~oe~e-~e~e~-o~-e~e~ set
aside letter in the amount of $412,235 and Fidelity and Deposit
Company of Maryland surety bond in the amount of $99,354, both
to guarantee installation of public improvements in Cedar Walk
Subdivision, are approved conditioned upon:
a. Approval of construction drawings by the Director of
Engineering;
b. Approval of the form of contract for public improve-
ments, water and sewer extension permits,
~e~e~-o$-e~eR~ set aside letter and surety bond by
the Town Attorney; and
c. That no reduction of set aside bank funds shall be
PASSED this
ATTEST:
made without Council approval.
13th day of July
Clerk of/Council Pro-Tem
, 1983
Ro~er't E. Sev~la, Mayor
Town of Leesburg