HomeMy Public PortalAbout1986_01_08_R012The Town ofLeesburginVirginia PRESENTED January, 8~ 1986
RESOLUTION NO. 86-12 ADOPTED January 8, 1986
A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR SOUTH HAVEN 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 Tedence, Inc. of Leesburg, Virginia, for
installation of public improvements shown on the plans approved by the
Director of Engineering for the South Haven Subdivision
SECTION II. The extension of municipal water and sewer works for the
South Haven 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 Dominion Bank of Virginia in the amount of
$343,783 is approved as security to guarantee installation of the public
improvements shown on plans approved by the Director of Engineering for the
South Haven Subdivision.
PASSED this 8th
ATTEST:
Clerk of ~ncil
day of
January , 1985.
Town of Leesburg