HomeMy Public PortalAbout1984_11_14_R205The Town of Leesburg in Virginia
PRESENTED November 14, 1984
RESOLUTION NO. 84-205 ADOPTED November 14: lq8A
A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE
FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR OLDE TOWNE CONDOMINIUMS, PHASE I.
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager is authorized to execute on behalf of the town
an agreement (Form PC-2) with Leesburg A & A Inc.:, Leesburg, Virginia, for
installation of public improvements shown on the plans approved by the
director of engineering for the Olde Towne Condominiums, Phase I on lands of
Leesburg A & A Inc., Leesburg, Virginia.
SECTION II. The extension of municipal water and sewer works for Old Towne
Condominiums, Phase I is approved in accordance with Section 15-9 and 19-18 of
the Town Code.
SECTION III. An irrevocable bank letter of credit in a form approved by the
town attorney from First American Bank in the amount of $75,392 is approved as
security to guarantee installation of the public improvements shown on plans
approved for Olde Towne Condominiums, Phase I.
PASSED this 14th day of November , 1984.
Ro~t ~ ' Semi]a,- Ma~or
Town of Leesburg
ATTEST:
Clerk of Co~cil