HomeMy Public PortalAbout1990_06_27_R157Leesb'~rg in C¥irginia
RESOLUTION NO. 90-157
A RESOLUTION:
PRESENTED June 27, 1990
ADOPTED June 27, 1990
AND APPROVING A PERFORMANCE
AUTHORIZING AN AGREEMENT
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR EXETER
SECTION 9
RESOLVED by the Council of the Town of Leesburg in %r~rginia as follows:
SECTION I. The marmger shall 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 9.
SECTION II. The extension of municipal water and sewer for Exeter Section 9 is approved in
accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION Ill. The irrevocable bank letter of credit in a form approved by the town attorney from
First American Bank in the amount of $566,803.00 is approved as security to guarantee ins*~llAtion
of the public improvements shown on plans approved by the Director of Engineering and Public Works
for Exeter Section 9.
PASSED this 27th day of June ,1990.
A~I~EST:
exeter.9
Town of Leesburg