HomeMy Public PortalAbout1986_04_09_R065The Town of Leesburg in Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED April 9, 1986
86-65 ADOPTED
AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE
FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR LEESBURG COUNTRY CLUB, SECTION IV
SUBDIVISION, PHASE 4.
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 (Fom PC-2) with Yeonas Company of Centreville, Virginia,
for installation of public improvements shown on the plans approved by the
Director of Engineering for the Leesburg Country Club, Section IV,. Sub-
division, Phase 4.
SECTION II. The extension of municipal water and sewer works for the
Leesburg Country Club, Section IV, Phase 4 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 the First American Bank of Virginia in the amount
of $287,655 is approved as security to guarantee installation of the public
improvements shown on plans approved by the Director of Engineering for the
Leesburg Country Club Subdivision, Section IV, Phase 4.
PASSED this 9th day of
ATTEST:
Clerk of ~uhcil
April , 1986.
Robert E 'Se~rila'~ l~layor
Town of Leesburg