HomeMy Public PortalAbout1988_02_10_R030 FRESENTED February 10~ 1988
RESOLUTION NO. 88-30 ADOPTED February 10, 1988
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE BOND AND
WATER AND SEWER EXTENSION PERMITS FOR FOX CHASE SECTION 1
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The manager shall execute the contract for public
improvements (PC-2) with Pulte Home Corporation of McLean, Virginia as
shown on the plans approved by the Director of Engineering and Public Works
for the Fox Chase Development Section 1.
SECTION II. The extension of municipal water and sewer works for Fox
Chase Section I is approved in accordance with Sections 15-9 and 19-18 of
the Town Code.
SECTION III. An irrevocable bank letter of credit in a form approved by
the to~] attorney from Sovran Bank of Richmond, Virginia in the amount of
$310,000.00 is approved as security to _~uarantee installation of the public
improvements shown on plans approved by the Director of Engineering and
Public Works for the Fox Chase Development Section 1.
PASSED this 10th day of
ATTEST:
Clerk of/ouncil
February , 1988.
Robert E. Sevila, Mayor
Town of Leesburg