HomeMy Public PortalAbout1986_09_24_R207i~g~/~urg in ~Zirginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED September 24. 1986
86-207 ADOPTED
September 24, 1986
AUTHORIZING AN AGREEMENT, APPROVING A PERFOILMANCE GUARANTEE
FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER
AND SEWER EXTENSIONS FOR PHASE I, SECTION 2, FOXRIDGE
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 Pulte Home Corporation of McLe~m,
Virginia, for installation of public improvements shown on the plans
approved by the Director of Engineering for Phase I, Sectio~ 2 of Foxridge
Subdivision.
SECTION II. The extension of municipal water and sewer works for
Phase I, Section 2 of Foxridge 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 First American Bank of Virginia in the amount of
$985,852 is approved as security to guarantee installation of the public
improvements shown on plans approved by the Director of Engineering for
Phase I, Section 2 of Foxridge Subdivision.
PASSED this
ATTEST:
Clerk o~ouncil
24th day of
September , 1986.
Town of Leesburg