HomeMy Public PortalAbout1985_06_26_R097The Town of Leesburg in Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED June 26, 1985
85-97 ADOPTED June 26, 1985
RELEASING A DEED OF TRUST FOR PUBLIC IMPROVEMENTS IN PARCEL M
WHEREAS, A development plan was approved for Parcel M in 1977 by the
Leesburg Planning Commission; and
WHEREAS, the plan showed certain public improvements, exclusive of
improvement to Tuscarora Creek; and
WHEREAS, the contract for public improvements was approved and extended for
a one year period on five occasions; and
WHEREAS, the contract for public improvements expired on January I, 1985
and there is no practical value to this deed of trust as it guarantees public
improvements not now contemplated; and
WHEREAS, the trustee for Harvest Square (formerly Parcel M) has executed a
letter of agreement to construct the Tuscarora Creek Channel Improvements:
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as
follows:
The Town Attorney is directed to release the first deed of trust in the
amount of $106,072.00 for part of Parcel M.
PASSED this 26th day of 1985.
ATTE ST:
Clerk of Co,~cil
JRne ,
Robert E. Sevila, Mayor
Town of Leesburg