HomeMy Public PortalAbout1985_05_08_R064The Town of Leesburg in Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED May 8, 1985
85-64 ADOPTED May 8, 1985
AUTHORIZING AN EXTENSION OF TIME FOR THE SUBMITTAL OF DEVELOPMENT
PLANS FOR PARCEL 2 OF THE VEPCO TRACT
WHEREAS, the Council authorized a contract with Market Square Associates
by Ordinance No. 85-0-2 for the sale and development of the former VEPCO tract; and
WHEREAS, the discovery and subsequent eradication of toxic soil contaminates
on a portion of the property to be conveyed has delayed the execution of the con-
tract and land sale pending the outcome of test results:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
The sales contract and development agreement between the Town of Leesburg
and Market Square Associates, Inc. dated February 25, 1985, is amended to require
submittal of a concept plan for the development of Parcel 2 by June 30, 1985
and the submittal of the final site plan and architectural designs for the non-
residential component of the project to be developed on Parcel 2 of the VEPCO
tract by September 30, 1985. This amendment shall not impair or alter any other
provision of the contract between the Town of Leesburg and Market Square Associates,
Inc. including the requirement that Market Square, Inc. shall purchase Parcel 2
no earlier than June 30, 1985 and no later than August 31, 1985.
PASSED this 8th day of May
, 1985.
Robert E. Sevila, Mayor
Town of Leesburg
ATTEST.-
Clerk of C~ncil