HomeMy Public PortalAbout1990_06_27_R158Leesb~irg in ~Zirginia
RESOLUTION NO. 90-158
A RESOLUTION:
PRESENTED June 27. 1990
ADOPTED June 27, 1990
AUTHOKIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR EXETER
SECTION 8
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The msnager 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 8.
SECTION II. The extension of municipal water and sewer for Exeter Section 8 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 $589,338.00 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 8.
PASSED this 27th day of June ., 1990.
ATTEST:
-Cierll of CounCil ~
exeter.8
Robert E. Sev~, Mayor
Town of Leesburg