HomeMy Public PortalAbout1986_04_09_R069The Town of Leesburg in Virginia
PRESENTED April 9, 1986
RESOLUTION NO. 86-69 ADOPTED April 9, 1986
A RESOLUTION: AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE
FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR LEESBURG GATEWAY, PHASE II(A)
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 A. C. Echols, Jr., Trustee and J. Lynn
Cornwell, Jr., Trustee of Leesburg and Purcellville, Virginia, respectively
for installation of public improvements shown on the plans approved by the
Director of Engineering for Leesburg Gateway, Phase II(A) Subdivision.
SECTION II. The extension of municipal water and sewer works for the
Leesburg Gateway, Phase II(A) Subdivision is approved in accordance with
SectionslS-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 $380,000 and a cash bond in the amount of $607 are approved as security
to guarantee installation of the public improvements shown on plans approved
by the Director of Engineering for the Leesburg Gateway, Phase II(A)
Subdivision.
PASSED this
ATTEST:
Clerk of founcil
9th day of
April , 198~.
Robert E. Se~ila, Mayor
Town of Leesburg