HomeMy Public PortalAbout1991_01_08_R011L .~£
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PRESENTED January 8, 1991
RESOLUTION NO. 91-' 11
ADOPTED January 8, 1991
A RESOLUTION: AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE FOR THE KRB WAREHOUSE PARKING LOT
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
the KRB Warehouse Parking Lot.
SECTION II. The irrevocable bank letter of credit in a form approved by the town attorney from
Farmers and Merchants National Bank in the amount of $25,000.00 is approved as security to
guarantee installation of the public improvements shown on plans approved by the Director of
Engineering and Public Works for the KRB Warehouse Parking Lot.
PASSED this 8th day of January , 1991.
ATTEST:
Clerk of Coup/il
.2'
krb
Town of Leesburg