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HomeMy Public PortalAbout1989_12_12_R250in ~rirgini~ RESOLUTION NO. 89-250 PRESENTED December 12~ 1989 ADOPTED December 12, 1989 A RESOLUTION: AUTHOPJZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR TAVISTOCK FARMS SECTIONS 11 AND 12 RESOLVED by the Counci~ of the Town of Leesburg in V'n~in~a as fo]lows: 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 Pub]lc Works for Tavistock Farms Sections 11 and 12. SECTION II. The extension of municipal water and sewer for Tavistock Farms Sections 11 and 12 is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION IH. The irrevocable bank letter of credit in a form approved by the town attorney from the Perpetual Savings Bank, FSB in the mount of $882,694.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Tavistock Farms Sections 11 and 12. PASSED this 12th day of December ,1989. ATTEST: Clerk of Co,un~, Robert E. Sevila, Mayor Town of Leesburg