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HomeMy Public PortalAbout1988_04_27_R081cesl~urK in ~Virgini~ P~SOLUTION NO. 88-81 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE BOND AND WATER AND SEWER EXTENSION PERMITS FOR THE BROOKMEADE CONDOMINIUMS RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION Io The manager is authorized to execute an agreement (PC-2) with Lokey Construction Company, Inc., for public improvements on the plans approved by the Director of Engineering and Public Works for the Brookmeade Condominiums. SECTION II. The extension of municipal water and sewer works for the Brookmeade Condominiums 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 town attorney from the Lomas Nettleton Final Corporation of Virginia in the amount of $306,000.00 is approved as security to guarantee installation of the publJ, c .improvements shown on plans approved by the Director of Engineering and Public Works for the Brookmeade Condominiums. PASSED this 27th day of April ATTEST: Clerk of C~ncil PRESENTED April 27, 1988 ADOPTED April 27, 1988 . · 1988. Robert E. Sevila, Mayor Town of Leesburg