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HomeMy Public PortalAbout1984_09_12_R152The Town of Leesburg in Virginia PRESENTED September 12, 1984 RESOLUTION NO. 84-152 ADOPTED September 12~ 1984 A RESOLUTION: EXTENDING THE CONTRACT FOR PUBLIC IMPROVEMENTS, PERFORMANCE GUARANTEE AND TIME FOR COMPLETION OF PUBLIC IMPROVEMENTS FOR THE SOUTHGATE II DEVELOPMENT WHEREAS, Council Resolution 83-46 authorized an agreement for installation of public improvements for the Southgate II development which required the improvements to be completed on or before March 23, 1984; and WHEREAS, Council Resolution 84-57 extended the contract for public improvements and performance guarantee for installation of public improvements for this project to September 1, 1984; and WHEREAS, the developer has requested a second extension of time for the completion of the public improvements until December 1, 1984: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The contract for public improvements and performance guarantee for in- stallation of public improvements for the Southgate II development is extended until December 1, 1984 subject to submittal and review and approval by the town attorney of an amendment extending the Sovran Bank's (successor to First and Merchants National Bank) irrevocable letter of credit No. FM-3541 dated April 4, 1983 to December 1, 1984. PASSED this 12th day of ATTE ST; Clerk of September , 1984, Robert E.' SeV'ila, Ma~or Town of Leesburg