HomeMy Public PortalAbout1991_05_28_R117 The Town of
Leesburg,
Virginia
RESOLUTION NO. 91-117
PRESENTED May 28, 1991
ADOPTED May 28, 1991
A RESOLUTION:
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR THE
AIRPORT COMMERCE PARK SUBDMSION
RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. The 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
Airport Commerce Park Subdivision.
SECTION II. The extension of municipal water and sewer for the Airport Commerce Park
Subdivision is approved in accordance with Sections 15-9 and 19-18 of the Town Code.
SECTION III. The irrevocable bank letter of credit in a form approved by the town attorney
from the Central Fidelity Bank in the amount of $1,470,345.00 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 Airport Commerce Park Subdivision.
PASSED this 28th day of
May
, 1991.
Robert E. Sevila, Mayor
Town of Leesburg
ATTEST:
airport.cps