HomeMy Public PortalAbout1989_03_28_R065RESOLUTION NO.
A RESOLUTION:
PRESENTED March 28, 1989
89-65 ADOPTED March 28, 1989
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE FOR CARDINAL INDUSTRIAL PARK LOT 18
RESOLVED by the Council of the Town of Leesburg in Virginia ss follows:
SECTION I. The manager shall execute the contract for public improvements for the
improvements shown on the plans approved by the Director of Engineering and Public Works for
Cardinal Industrial Park Lot 13.
SECTION II. The irrevocable bank letter of credit in a form approved by the town attorney
from First American Bank in the amount of $68,706.00 is approved ss security to guarantee installation
of the public improvements shown on plans approved by the Director of Engineering and Public Works
for Cardinal Industrial Park Lot 13.
PASSED this 28th day of March , 1989.
Robert E. Sevila, Mayor
Town of Leesburg
ATTEST:
lerk of Council