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HomeMy Public PortalAbout1985_10_23_R196The Town of Leesburg in Virginia PRESENTED October 23, 1985 RESOLUTION NO. 85-196 ADOPTED October 23, 1985 A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER AND SEWER EXTENSIONS FOR CONSOLIDATED BUILDING SYSTEMS, INC. OF LEESBURG WHEREAS, the Director of Engineering has approved the construction drawings prepared by Patton, Harris and Rust, Inc.; and WHEREAS, the applicant has recorded the restrictive covenants required by Council resolution 83-105 limiting the construction to six single-family homes: THEREFORE, 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) for installation of public improvements shown on the plans approved by the Director of Engineering for Fairview Subdivision prepared by Patton, Harris and Rust and dated October 11, 1985. SECTION II. The extension of municipal water and sewer works for the Fairview 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 Farmers and Merchants National Bank of Hamilton, Virginia in the amount of $30,000 is approved as security to guarantee instal- lation of the public improvements shown on plans approved by the Director of Engineering for Fairview Subdivision. CONSOLIDATED BUILDING SYSTEMS, INC. OF LEESBURG PASSED this 23rd day of ATTEST: Clerk of C~n~il October , 1985 Robert E. Sevila, Mayor Town of Leesburg