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HomeMy Public PortalAbout1990_09_12_R234Lvesl~urg in qZirginin PRESENTED September 12, 1990 RESOLUTION NO. 90-234 ADOPTED September 12, 1990 A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND A WATER EXTENSION PERlVIIT FOR THE HIGH POINT WATEltLINE F_~TENSION RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The mnnager shall execute the contract for public improvements for the improvements shown on the plans approved by the Director of Engineering and Public Works for the High Point Waterline Extension. SECTION II. The extension of municipal water for the High Point Waterline Extension 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 American Security Bank in the amount of $14,048.00 is approved as security to guarantee inst~llntion of the public improvements shown on plans approved by the Director of Engineering and Public Works for the High Point Waterline Extension. PASSED this 12th day of September ,1990. ATTEST: Clerk Of Co~('i~ high. pt Robert E. Sevila, Mayor Town of Leesburg