HomeMy Public PortalAbout1984_06_13_R085The Town of Leesburg in Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED June 13~ 1984
84-85 ADOPTED June 13, 1984
ACCEPTING ESCROW FUNDS FOR FUTURE IMPROVEMENTS TO DRY MILL ROAD
FOR PAGE-BROOKE LAND TRUST SUBDIVISION
WHEREAS, the Planning Commission on May 10, 1984 granted preliminary approval
of the subdivision plat for Page-Brooke Subdivision; and
WHEREAS, the approval varied the requirements for frontage improvements to
Dry Mill Road for the developers of Page-Brooke Subdivision on the condition that
a deposit be made with the town in the sum of $13,000 as determined by the Direc-
tor of Engineering; and
WHEREAS, the town agrees to accept these funds, plus interest earned while
on deposit, to pay its costs for improvements to Dry Mill Road commenced by the
town within ten years from receipt of the deposit or will return the funds or
remaining unexpended balance plus interest earned:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
SECTION I. A deposit by the developers of Page-Brooke Subdivision in the
amount of $13,000 is accepted under the conditions set out above and the Director
of Finance shall deposit these funds in an interest bearing escrow account. In
the event of appropriations for the purpose, the funds shall be used to pay the
costs of studies, engineering or construction of improvements to Dry Mill Road
in the vicinity of Page-Brooke Subdivision.
SECTION II.
PASSED this
Resolution No. 84-78 adopted May 23, 1984 is repealed.
13th day of June
ATTEST:
Clerk of C?~cil
Robert E. Sevi~a, Mayor
Town of Leesburg