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HomeMy Public PortalAbout1992_06_23_R101The Town of Leesburg, .rg ma RESOLUTION NO. A RESOLUTION: PRESENTED June 23, 1992 92-101 ADOPTED June 23, 1992 AUTHORIZING AN AGREEMENT AND APPROVING A PERFORMANCE GUARANTEE AND WATER AND SEWER EXTENSION PERMITS FOR SHENANDOAH.SQUARE SHOPPING CENTER 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 Shenandoah Square Shopping Center. SECTION II. The extension of municipal water and sewer for Shenandoah Square Shopping Center 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 Nations Bank in the amount of $297,636.00 is approved as security to guarantee installation of the public improvements shown on plans approved by the Director of Engineering and Public Works for Shenandoah Square Shopping Center. PASSED this 23rd day of June , 1992. ATTEST: r:shenandoah Robert E. Sevila, Mayor Town of Leesburg