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HomeMy Public PortalAbout1988_11_08_R223 PRESENTED November 8~ 1988 RESOLUTION NO. 88-223 ADOPTED Navemb~r 8: ]988 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AN~ SEWER EXTENSION PERMITS FOR THE LEESBURG FORD SERVICE CENER. RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager shall execute the contract for public improvements for the improvements shown on the plans approved by tile Director of Engineering and Public Works for the Leesburg Ford Service Center. SECTION II. The extension of municipal water and sewer for the Leesburg Ford Service Center is approved in accordance with Sections 15-9 mid 19-18 of the Town Code. SECTION III. An irrevocable bank letter of credit in a form approved by the town attorney from Farmers and Merchants National Bank of Hamilton, Virginia in the amount of $47,757.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for the Leesburg Ford Service Center. PASSED this 8th day of ATTE ST: Clerk of ~ncil Novemb~ , 1988. Robert E. Sevila, Mayor Town of Leesburg