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HomeMy Public PortalAbout1984_02_22_R026The Town of Leesburg in Virginia RESOLUTION NO. 84-26 PRESENTED February 22, 1984 ADOPTED February 22, 1984 A RESOLUTION: AUTHORIZING AGREEMENTS AND APPROVING A PERFORMANCE BOND FOR THE NORTH STREET PARKING LOT DEVELOPMENT PLAN WHEREAS, the Planning Commission on February 2, 1984 granted preliminary approval of the development plan for the North Street parking lot at the southwest corner of N. King Street and North Street; and WHEREAS, off-site drainage improvements are required in addition to those outlined in the town's adopted storm drainage master plan: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager shall execute the contract for public improvements for the North Street parking lot development. SECTION II. The cash performance bond in the amount of $2,059.00 guarantee- ing installation of public improvements in accordance with plans approved by the Director of Engineering and the Planning Commission for the North Street parking lot development is approved. SECTION III. The manager is authorized to execute, on behalf of the town~ an escrow account agreement in a form approved by the town attorney in the amount of $1,588.00 , such funds to b~ used for future storm drainage improvements to West North Street. SECTION IV. This resolution shall be effective upon review and approval of all above mentioned documents by the town attorney prior to execution and acknowl- edgment by the manager. PERFORMANCE BOND FOR THE NORTH STREET PARKING LOT DEVELOPMENT PLAN PASSED this 22nd day of February ATTEST: Clerk of Co~il ., 1984. Robert E Sev]..y~, Mayor Town of l,eesburg