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HomeMy Public PortalAbout1992_04_14_R047The Town of Leesburg, oVi ' ' .rgtma RESOLUTION NO. A RESOLUTION: PRESENTED April 14, 1992 ADOPTED April 14~1 992 AUTHOR/ZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR PHASE ONE ROAD CONSTRUCTION FOR HIGH POINT 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 Phase One Road Construction for High Point. SECTION II. The extension of municipal water and sewer for Phase One Road Construction for High Point is approved in accordance with Sections 15-9 and 19-18 of the Town Code. SECTION III. The corporate surety bond in a form approved by the town attorney from the Fidelity and Deposit Company in the amount of $218,485.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Phase One Road Construction for High Point. PASSED this 14th day of April , 1992. Robert E. Sevil~/~layor - Town of Leesburg ATTEST: Clerk of Council r:highpoint