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HomeMy Public PortalAbout1990_05_22_R102Lees~urg in ~rirginia RESOLUTION NO. A RESOLUTION: 90-102 PRESENTED May 22, 1990 ADOPTED May 22, 1990 RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The Mmmger shsll execute the contract for public improvements for the improvements shown on the plans approved by the Director of Engineering and Public Works for Exeter Section 10. SECTION II. The extension of municipal water and sewer for Exeter Section 10 is approved in accordance with Sections 15-9 and 19-18 of the Town Cede. SECTION ITI. The irrevocable bank letter of credit in a form approved by the town attorney from First American Bank in the amount of $852,388.00 is approved as security to guarantee inst~llAtion of the public improvements shown on plans approved by the Director of Engineering and Public Works for Exeter Section 10. PASSED this 22nd day of May ATTEST: Cl-e~k of Co,il Robert E. Sevila, Mayor Town of Leesburg AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR EXETER SECTION 10