HomeMy Public PortalAbout1992_04_28_R055The Town of
Leesburg,
Virginia
RESOLUTION NO. 92-55
A RESOLUTION:
PRESENTED April 28, 1992
ADOPTED April 28, 2991
AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE
GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR THE
FORT BEAUREGARD TOWNHOUSES
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
Fort Beauregard Townhouses.
SECTION II. The extension of municipal water and sewer for the Fort Beauregard Townhouses
is approved in accordance with Sections 1§-9 and 19-18 of the Town Code.
SECTION III. An irrevocable bank letter of credit in a form approved by the town attorney
from Crestar Bank in the amount of $887,502.00 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
Fort Beauregard Townhouses.
PASSED this 28th day of April ., 1992.
Town of Leesburg
ATTEST:
Clerk of Council
r:beauregard.res