HomeMy Public PortalAbout1992_06_09_R082The Town of
Leesburg,
Virginia
RESOLUTION NO. 92-82
A RESOLUTION:
PRESENTED June 9, 1992
ADOPTED June 9, 1992
AUTHORIZING A TIM]g EXTENSION FOR INSTALI,ATION OF PUBLIC
nV[PROVEMENTS AND APPROVING A PERFORMANCE GUARANTEE FOR
CROSSROADS BAPTIST CHURCH
ATTEST:
Clerk of Council
r:crossroads
Town of Leesburg
WHEREAS, Crossroads Baptist Church has not completed all the required public improvements
in accordance with the approved construction drawings and town standards within the two year period
agreed to in the contract for public improvements; and
WHEREAS, the Crossroads Baptist Church Building Committee has requested a one (1) year
time extension to complete the public improvements; and
WHEREAS, a letter of credit in the amount of $18,611.00 from the Bank of Loudoun which
automatically renews for one year periods, was provided to guarantee the installation of public
improvements at the Crossroads Baptist Church; and
WHEREAS, the Director of Engineering and Public Works has approved the amount of
$18,611.00 to guarantee installation of the remaining public improvements at the Crossroads Baptist
Church.
THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. A time extension of one year for the installation of public improvements is hereby
approved for Crossroads Baptist Church.
SECTION II. The letter of credit from the Bank of Loudoun in the amount of $18,611.00 is
approved to guarantee the installation of public improvements at Crossroads Baptist Church.