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HomeMy Public PortalAbout1990_12_12_R318Leesb~drg in ~firginia RESOLUTION NO. A RESOLUTION: PRESENTED December 12, 1990 90-318 ADOPTED December 12, 1990 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR EXETER SECTION 11 THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The acting town manager 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 11. SECTION H. The extension of municipal water and sewer for Exeter Section 11 is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. The letter of credit from the Riggs National Bank in the amount of $1,219,000.00 in a form approved by the town attorney is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Exeter Section 11. PASSED this 12th day of December 1990. ATTEST: Clerk of Com~ Robert E. Sevil~ Mayor Town of Leesburg