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HomeMy Public PortalAbout1985_07_10_R111The Town of Leesburg in Virginia PRE SENTED July 10, 1985 RESOLUTION NO. 85-111 ADOPTED July 10, 1985 A RESOLUTION: AUTHORIZING THE MANAGER TO EXECUTE A STORM DETENTION AGREEMENT AND TO EXECUTE AN AGREEMENT DETAILING A CONTRIBUTION FROM T&K ASSOCIATES FOR A TRAFFIC LIGHT AT THE CORNER OF FORT EVANS ROAD AND EAST MARKET STREET. WHEREAS, T&K Associates has a final development plan application under review for the construction of apartment buildings at the south terminus of Fort Evans Road; and WHEREAS, T&K Associates has signed a standard storm water detention agree- ment that provides that the developer will maintain these facilities in good order and also provides that the Town may repair and maintain these facilities at the owner's expense; and WHEREAS, T&K Associates has drafted and signed an agreement that provides that the developer will pay one-third of the cost, not to exceed $40,000 for a street light at the intersection of Fort Evans Road and East Market Street pro- vided the town requests a bid for this light within five years from the date of this agreement; and WHEREAS, the Town Attorney has reviewed and approved these agreements as to legal form: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The town manager is authorized to execute a standard storm water detention agreement between the Town of Leesburg and T&K Associates. SECTION II. The town manager is authorized to execute an agreement regard- ing a proposed traffic light at the intersection of Fort Evans Road and East Market Street between T&K Associates and the Town of Leesburg. PASSED this 10th day of July , 1985. ATTE ST: Clerk of C2ncil Town of Leesburg TK