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HomeMy Public PortalAbout1990_07_11_R179REMOLUTION NO. 90-179 A RESOLUTION: AUTHORIZING AN AGREEMENT GUARANTEE AND WATER AND TAVISTOCK FARMS SECTION 10 PRESENTED July 11, 1990 ADOPTED July 11, 1990 AND APPROVING A PERFORMANCE SEWER EXTENSION PERMITS FOR RESOLVED by the Council of the Town of Leesburg in Virginia 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 Tavistock Farms Section 10. SECTION II. The extension of municipal water and sewer for Tavistock Farms Section 10 is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION ~I. The irrevocable bank letter of credit in a form approved by the town attorney from Perpetual Savings Bank FSB in the amount of $725,403.00 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 Section 10. PASSED this llth day of July ,1990. ATTEST: Cl~rk of Co~U~ tavistock, lO Robert E. Sevil~ Mayor Town of Leesburg