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HomeMy Public PortalAbout1990_01_23_R010RESOLUTION NO. 90-10 A RESOLUTION: AUTHORIZING AN AGREEMENT GUARANTEE AND WATER AND FOXCHASE SECTION II PRESENTED January 23, 1990 ADOPTED January 23, 1990 AND APPROVING A PERFORMANCE SEWER EXTENSION PERM/TS FOR 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 the Director of Engineering and Public Works for Foxchase Section II. SECTION H. The extension of municipal water and sewer for Foxchase Section II 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 First American Bank in the amount of $397,499.00 is approved as security to guarantee ins*~llstion of the public improvements shown on plans approved by the Director of Engineering and Public Works for Foxchase Section II. PASSED this 23rd day of January 1990. ATTEST: C~le~k of ~ILncil Robert E. Sevilai'Mayor Town of Leesburg