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HomeMy Public PortalAbout1984_09_12_R156The Town of Leesburg in Virginia PRESENTED September 12~ 1984 ~/4ENDED September 12, 1984 RESOLUTION NO. 84-156 ADOPTED September 1.2~ 1984 A RESOLUTION: AUTHORIZING AGREEMENT BETWEEN THE TOWN OF LEESBURG AND YEONAS COMPANY WHEREAS, the Yeonas Company has entered into a contract to purchase 106 recorded building lots in Section IV, Leesburg Country Club; and WHEREAS, Yeonas and the Town of Leesburg desire to enter into an agreement to clarify the bonding and public facility construction requirements of the Yeonas Company in Phases II, III and IV of Section IV, Leesburg Country Club; and WHEREAS, this Council has entered into an agreement with the Wellesley Trust, which in conjunction with existing corporate surety guarantees, will provide suf- ficient funds to complete all of the work to public facilities in Phase I (Fair- ways) of Country Club, Section IV. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The mayor is authorized to execute an agreement between the Town of Leesburg and the Yeonas Company in a form approved by the town attorney. PASSED this 12th day of September ATTEST: ~lerk of Cjncil , 1984. Town of Leesburg