HomeMy Public PortalAbout1985_06_26_R101The Town ofLeesburginVirginia PRESENTED June 26, 1985
RESOLUTION NO. 85-101 ADOPTED June 26, 1985
A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE
FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR CATOCTIN VIEW CLUSTER SUBDIVISION.
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 Capitol Ihvestors Development for installation
of public improvements shown on the plans approved by the Director of
Engineering for the Catoctin View Subdivision.
SECTION II. The extension of municipal water and sewer works for the
Catoctin View Subdivision 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 Suburban Bank of Bethesda Maryland in the amount of
$279,089 is approved as security to guarantee installation of the public
improvements shown on plans approved by the Director of Engineering for the
Catoctin View Subdivision.
PASSED this 26th day of
ATTEST .'
June , 1985.
Town of Leesburg