HomeMy Public PortalAbout1985_09_11_R155TheTown~Leesbu~ in Vi~inia
RESOLUTION NO.
A RESOLUTION:
PRESENTED September 11. 1985
85-155 ADOPTED September 11~ 1985
AUTHORIZING A PERFORMANCE GUARANTEE AND LETTER OF CREDIT FOR THE
INSTALLATION OF PUBLIC IMPROVEMENTS FOR LEESBURG COUNTRY CLUB
SUBDIVISION, SECTION IV, PHASE 2.
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION II. An Irrevocable letter of Credit from First American Bank of
Virginia, McLean, Virginia in an amount to be approved by the Director of
Engineering and form approved by the Town Attorney is approved as security to
guarantee installation of the public improvements shown on plans approved by
the Director of Engineering for Leesburg Country Club Subdivision, Section IV,
Phase 2.
PASSED this llth day of September
ATTE ST:
CCIV
., 1985.
Robert E. Sevila~ Mayor
Town of Leesburg