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HomeMy Public PortalAbout1985_08_14_R144The Town of Leesburg in Virginia PRESENTED August 14, 1985 RESOLUTION NO. 85-144 ADOPTED August 14, 1985 A RESOLUTION: AUTHORIZING AN AGREEMENT WITH JOHN A. WALLACE AND AARON PAULSON AND CLARENCE JEWELL AND DOROTHY JEWELL REGARDING THE EXCHANGE OF LAND AND EXTENSION OF CATOCTIN CIRCLE WHEREAS, the extension of Catoctin Circle north to Edwards Ferry Road is an important Leesburg transportation link; and WHEREAS, the exchange of Potters Field for a portion of the needed right- of-way plus further consideration and the offer of future dedication of the remaining right-of-way (exclusive of public improvements) by John A. Wallace and Aaron Paulson will provide all right-of-way required to construct Catoctin Circle to its intersection with Edwards Ferry Road; and WHEREAS, the two parcels which adjoin the future Catoctin Circle extension shall carry a deed of trust ensuring the payment of $101,159 payable to the Town of Leesburg upon the issuance of zoning permits; and WHEREAS, the aforementioned private parties shall participate in the cost of the design and construction of the street; and WHEREAS, extension of Catoctin Circle will make available lands for substantial economic development: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager is authorized and directed to execute an agreement, on behalf of the town with the aforementioned parties, being that same agreement as transmitted with a memorandum to the Council dated August 9, 1985. -2- SECTION II. The mayor is authorized and directed to execute all deeds and instruments necessary to convey Potters Field to Clarence Jewell and Dorothy Jewell and to accept conveyance of Parcel B-2 as shown on a plat prepared by Patton, Harris & Rust & Associates dated August 6, 1985 and to perform such other acts as called for in the agreement. PASSED this 14th day of August , 1985. Town of Leesburg ATTEST .. Clerk of C~cil