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HomeMy Public PortalAbout1986_02_12_R027The Town of Leesburg in Virginia PRESENTED February ~, 1986 RESOLUTION NO. 86-27 ADOPTED February 12, 1986 A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE FOR INSTALLATION OF PUBLIC IMPROVEMENTS LOUDOUN COUNTY SANITATION AUTHORITY RESOLVED by the Council of the Town of Leesburg in Virginia als follows: SECTION I. The manager is authorized to execute on behalf of the Town an agreement (Form PC-2) with Loudoun County Sanitation Authority for installation of public improvements shown on the plans approved by the Director of Engineering for the Loudoun County Sanitation Authority' Develop- ment plan. SECTION II. An irrevocable bank letter of credit in a form approved by the town attorney from Sovran Bank of Virginia in the amount of $25,684 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering for the Loudoun County Sanitation Authority development plan. PASSED this 12th day of ATTEST: Clerk of ~uncil February , 1986. Robert E. Sevila, Mayor Town of Leesburg