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HomeMy Public PortalAbout1989_02_14_R036Le~s§urg in ~rirginia RESOLUTION NO. A RESOLUTION: PRESENTED February 14, 99-$6 ADOPTED February 14, AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR 201 AND 203 I.F~ERTY STREET RESOLVED by the Council of the Town of Leesburg in Virgin~ as follows: SECTION I. The manager shall execute the contract for public improvements for the improvements shown on the plans approved by the Director of Enginee~ and Public Works for 201 and 203 Liberty Street. SECTION II. The extension of municipal water and sewer for 201 and 203 Liberty Street is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. The irrevocable bank letter of credit in a form approved by the town attorney from Sovran Bank NA in the amount of $10,297.00 is approved as security to guarantee inst~llstion of the public improvements shown on plans approved by the Director of Enginee~ and Public Works for 201 and 203 Liberty Street. SECTION IV. A cash payment in the amount of $849.50 is accepted in place of construction of appro~dmntely 20 feet of curb, gutter and sidewalk on Liberty Street. PASSED this 14th day of February , 1989. Town of Leesburg A~I~ST: Clerk of Co~il 1989 1989