HomeMy Public PortalAbout1990_07_25_R189Leesb~drg in ~rirginia
RESOLUTION NO. 90-189
A REMOLUTION: APPROVING A 8UBSTITUTE
CROSSROADS BAPTIST CHURCH
PRESENTED July 25, 1990
ADOPTED July 25, 1990
PERFORMANCE GUARANTEE FOR THE
WHEREAS, Resolution No. 90-151, adopted by the Town Council on June 27, 1990, approved a
letter of credit from Jefferson Savings and Loan in the amount of $18,611.00 as security to guarantee
the inst~llstion of the public improvements for Crossroads Baptist Church; and
WHEREAS, the developer has provided a letter of credit from the Bank of Loudoun in the amount
of $18,611.00 as the performance guarantee for installation of public improvements for Crossroads
Baptist Church.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
The irrevocable bank letter of credit in a fora approved by the town attorney from the Bank of
Loudoun in the amount of $18,611.00 is approved as security to guarantee instsllstion of the public
improvements shown on plans
Crossroads Baptist Church.
PASSED this 25th
approved by the Director of Engineering and Public Works for
day of July ,1990.
Robert E. Sevila, Mayor
Town of Leesburg
ATTEST:
C~rk of Co,u~
crossroads.bc