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HomeMy Public PortalAbout1986_04_09_R071T]~e ~1 ou q o~Leesburg ~n Vtrg~n~a RESOLUTION NO. A RESOLUTION: PRESENTED Apri]. 9, 1986 86-71 ADOPTED Apri]. 9. 1986 AUTHORIZING AN AGREEMENT BY AND BETWEEN THE TOWN OF LEESBURG AND KRB LIMITED PARTNERSHIP WHEREAS, the KRB Limited Partnership (KRB) desires approval of its development plan for a nine unit office and warehouse facility known as the KRB Development hereafter; and WHEREAS, the town desires to protect areas within this development for future right-of-way necessary to construct Plaza Street extended; and WHEREAS, an agreement has been prepared which adequately and fairly compensates KRB Development for the right-of-way reservation and acquisition if required: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The manager is authorized and directed to execute that certain agreement between the Town of Leesburg and KRB Limited Partnership as transmitted to the Council with a memorandum dated April 9, 1986. PASSED this 9th day of April ATTEST: Clerk of ~uncil~ , 1986. Robert Sevlla, ayor Town of Leesburg